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Secure content and threat management market forecast to grow at a CAGR of 8.6%

Industry Sector

Information Technology

Published

9 July 2012

Author

Mike King

Type of News

Market

The secure content and threat management market has been forecast to grow at a compound annual growth rate (CAGR) of 8.6% through to 2015. A key factor contributing to the growth of the market is the rising number of compliance requirements.

Furthermore, the secure content and threat management market has also been witnessing the increasing popularity of cloud-based security solutions. However, the growing complexity of IT infrastructure could pose a challenge to the growth of this market.

Security threats are increasing and to protect their networks, companies are adopting multiple security solutions such as web security, endpoint security, and network security such as firewalls, IPS, and vulnerability scanners.

With the increasing severity of security threats, secure content and threat management companies have started offering software as a service (SaaS) -based and virtualized appliance offerings to enable companies to dynamically identify and respond to threats.

The advancement of technologies which has led to deployment options such as SaaS and virtualized appliance-based security solutions provides advantages such as low initial investment and maintenance costs.

Key players dominating the secure content and threat management market include: Check Points Software Technologies Ltd., a global provider of IT security solutions, best known for its firewall and VPN products. Cisco Systems Inc., the worldwide leader in networking that transforms how people connect, communicate and collaborate. McAfee Inc., a company delivering complete virus protection and Internet security, and Symantec Corp., the largest maker of security software for computers, best known for its Norton brand.

For more information on the secure content and threat management market, see the latest research: Secure Content and Threat Management Market

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