Global Network Security market to hit CAGR of 5.71% between 2011 and 2015
The Global Network Security market is expected to grow at a CAGR of 5.71 percent over the period 2011-2015. One of the key factors contributing to this market growth is the rising network security threats. The Global Network Security market has also been witnessing the increasing demand of SaaS-based security solutions. However, difficulty in managing the network security due to the distributed network could pose a challenge to the growth of this market.
The demand for software-as-a-service (SaaS)-based security solutions is increasing in the Global Network Security market because of its significant advantages. Currently, both SMBs and startup companies are choosing SaaS-based solutions compared to on-premise solutions because of the advantages such as easy installation, easy upgradation, cost advantages, and signature independent scanning. Moreover, large enterprises are also diverting to SaaS-based (or hybrid) solutions. It is expected that such a strong demand for SaaS-based solutions allows the Global SaaS-based Security Solutions market to grow at a very strong rate during the forecast period.
With the increasing demand for business requirements, companies are expanding their networks with advanced technologies such as virtualization and cloud-based services for the better management of resources. Companies are adopting these technologies for several reasons such as for increasing productivity, the easy management of resources centrally, and cost cutting. Therefore, the addition of these technologies will expand their network infrastructure and hence the complexity in managing networks increases. Hence, to secure their network from increasing complex security threats, companies are adopting security solutions for these technologies.
This report, the Global Network Security Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Network Security market industry landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Check Points Software Technologies Ltd., Cisco Systems Inc., Fortinet Inc., and Juniper Networks Inc. Other vendors mentioned in the report: Array Networks Inc., Citrix Systems Inc., Clavister AB, F5 Networks Inc., IBM Corp., McAfee Inc., Microsoft Corp., Nortel Networks Corp., Palo Alto Networks, Sourcefire Inc., SonicWALL, Symantec Corp., Trend Micro Inc., and WatchGuard Technologies Inc.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?