Execs and analysts from Bytes, Computacenter, Sapphire, Canalys and Omdia on how they expect the cybersecurity industry to unfold in the second half of the year
Ketaki Borade, analyst, Canalys
We made one prediction in October 2019, saying that five of the top 10 security vendors would be moved out of the top 10 in the next 12 months.
We are seeing those changes resonating over the past 12-18 months. Symantec got acquired, Sophos has been acquired by private equity, and a few of the other vendors, like IBM, are seeing their relevance to security and the channel being questioned.
A couple of factors have already started showing and these vendors are losing their share. With the COVID situation we don't see that this will get better immediately.