ESG Research Report: The Shifting Cybersecurity Landscape
Rise of Enterprise-class Vendors
The cybersecurity industry is populated with a plethora of vendors offering discrete solutions representing a fragmented market, historically absent of dominant leaders. The influx of venture capital funding, and, more recently, the participation of private equity firms, have contributed to a growing number of players vying for buyer mindshare and budget. However, notable M&A activity, including Symantec’s acquisition of BlueCoat, and the TPG Capital-led spinout of Intel Security, coupled with anecdotal customer feedback about point tool fatigue, indicate the cybersecurity market is at a tipping point, one that could lead to centers of power, vendor-centric ecosystems, and the emergence of a small group of enterprise-class cybersecurity vendors. These dynamics were the impetus for ESG to conduct research on both the rise of enterprise-class cybersecurity vendors and the requirements of enterprise-ready cybersecurity platforms.
Report Info
Table of Contents
  • Executive Summary
    • Report Conclusions
  • Introduction
    • Research Objectives
  • Research Findings
    • Best of Breed Is the Norm, but Architectural Integration Is an Important Product Requirement
    • Cybersecurity Vendor Consolidation Is Happening
    • Vendor Consolidation Increases the Influence of the CISO
    • The Concept of Cybersecurity Platforms Resonates, but Needs Further Refinement
    • Enterprise-class Cybersecurity Vendors Are Emerging
    • SIEM Is Important for Enterprise-class Security Consideration
    • Cisco, IBM, and Microsoft Are Most Commonly Perceived as Enterprise-class Security Vendors
  • Conclusion
    • Research Implications for Cybersecurity Vendors
    • Research Implications for Cybersecurity Professionals
  • Research Methodology
  • Respondent Demographics
    • Respondents by Current Responsibility
    • Respondents by Number of Employees
    • Respondents by Industry
    • Respondents by Annual Revenue