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Research and Markets: Global IT Security Market Forecast to 2013: A Detailed Analysis On The IT Security Market Worldwide

Thu Nov 12, 2009 5:02am EST
DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/c298ff/global_it_security) has
announced the addition of the "Global IT Security Market Forecast to 2013"
report to their offering. 

The world continues to see rapid growth in demand for IT security solutions
owing to the increasing deployment of IT-enabled business solutions. Businesses
and corporate worldwide have been migrating from their conventional operations
to IT-enabled solutions in order to increase their productivity and keep
themselves updated with the rapidly changing IT trends. Rapid increase in
Internet adoption and ever-increasing wave of online threats have also been
fuelling the demand for IT security products and services worldwide. 

According to this research report "Global IT Security Market Forecast to 2013",
growing concerns over IT security among all sized organizations helped the
global market for IT security to grow in 2008 despite recession. The report
estimates the global IT security market to worth over US$ 54 Billion in 2008,
which is further projected to grow at a CAGR of nearly 11% during 2009-2013.
Various factors that will drive the market have been thoroughly discussed in the
report. 

This segment-level analysis identifies that the IT security software market
continues to lead the global IT security market. This segment accounted for over
44% of the total IT security market in 2008. However, the future growth in the
IT security market will be driven by the security services, representing a CAGR
of around 13%, followed by the security appliances market with future CAGR
pegged at around 12% over the forecast period. 

On the regional front, the report indicates that Asia-Pacific and Middle East
regions will experience significant growth in their IT security market in coming
few years. This growth will be driven by the rapidly growing Internet adoption
and surging demand for IT-enabled business solutions in countries like India,
China and the GCC region. 

"Global IT Security Market Forecast to 2013" gives detailed analysis on the IT
security market worldwide in terms of IT security appliances, IT security
software and IT security services. Each section pithily explains the current and
future market trends in the global IT security market. The report also gives a
concise overview of the IT security market on country level, presenting future
forecast of each country's IT security industry, besides it sheds light on the
key players in the industry. 

Analyst View 

Global IT Security Market

* Market Overview 
* By Segment 
* By Region

IT Security Market Performance 

Global IT Security Market Analysis

* Growing Threat Landscape 
* Internet Adoption 
* IT Security Demand 
* Government Regulations and IS Compliance 
* R&D 
* Emerging Markets 
* Transition from Point to Integrated Security Solution 
* Demand for Hardware and Software

Growth Inhibitors and RNCOS Recommendations

* Physical Coverage 
* Deployment Cost 
* End-user Awareness 
* Adequate Training

Key Players - Strength and Weakness Analysis 

Companies Mentioned:

* Check Point Software Technologies Ltd. 
* Juniper Networks, Inc. 
* Cisco Systems, Inc. 
* Symantec Corporation 
* SonicWALL Inc. 
* Websense, Inc.

For more information visit
http://www.researchandmarkets.com/research/c298ff/global_it_security

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716 

Copyright Business Wire 2009



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