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Analyst firm names Websense leader in web filtering software

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CIOL Bureau
New Update

NEW DELHI: Websense, Inc., the world's leading provider of employee Internet management solutions, on Monday announced that IDC, the leading provider of technology analysis, had proclaimed it the market share leader in the web filtering software segment of the secure content management (SCM) market for the third consecutive year.

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According to the IDC study, Worldwide Secure Content Management 2005-2009 Forecast Update and 2004 Vendor Shares: Spyware, Spam and Malicious Code Continue to Wreak Havoc, Websense increased its market share from 24.2% to 28.4% overall-more than 10% more than its closest competitor, whose market share declined during the year.

Websense's total revenue for 2004 was $111.9 million, an increase of 37% from 2003, and billings, which represent the total amount of subscription contracts billed to customers, totalled $150.2 million, an increase of 35% from 2003.

“Websense continues to prevail in the marketplace, and this award is yet another example of our coveted leadership position in the web filtering software industry,” said Leo Cole, vice president of marketing, Websense, Inc. Websense remains committed to serving our more than 24,000 customers.”

According to IDC's report, web filtering accounted for the third-largest segment of the SCM market in 2004, reaching $433.5 million. From 2003 to 2004, the web filtering market increased 22.9%.

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IDC also estimated that web filtering would grow from $433 million in 2004 to $929 million in 2009, representing a 16.5% compound annual growth rate (CAGR).

Additionally, IDC reports that web filtering has evolved from addressing a single class of employee distractions-access to inappropriate URLs-to more comprehensive web security solutions that address a wide array of web-based threats. With regard to emerging threats in the SCM industry, viruses and worms continue to be the most serious threat facing corporations today, but spyware has rapidly climbed the priority list of enterprise security threats and now ranks as the second most serious threat facing corporations today.

“As the market leader in the web filtering software market, Websense has the extensive internet and malicious code categorization expertise necessary to provide its customers an extremely high degree of protection against rogue applications and new viruses,” said Brian Burke, research manager, security products, IDC. “We believe Websense's web filtering and web security software will continue to play a critical role as an important and complementary enhancement to organizations' traditional antivirus and firewall deployments.”

IDC's industry analysts have been measuring and forecasting IT markets for more than 30 years. IDC's software industry analysts have been delivering analysis and prognostications for packaged software markets for more than 25 years.

Websense, Inc. is a provider of employee Internet management solutions and enables organizations to optimize employee use of computing resources and mitigate new threats related to Internet use, including instant messaging, peer-to-peer, and spyware.

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