[April 26, 2012]

Infonetics: Cloud and CPE Managed Security Services Forecast to Hit $18 Billion by 2016

Market research firm Infonetics Research released excerpts from its recent Cloud and CPE Managed Security Services report, which analyzes and forecasts the market for cloud-based and CPE-based security services delivered by service providers for small, medium, and large businesses.

ANALYST NOTE

"The fact that many new attacks are developed for the web applications means that any device that has a web browser and some form of Internet access is a target," notes Jeff Wilson, principal analyst for security at Infonetics Research. "Companies have to worry about desktops, laptops, servers, smartphones, tablets, kiosks, iPods, set-top boxes, and any other device that can connect to the Internet. The highly distributed nature of Internet-connected devices and the diversity of those devices drives many companies to look at managed services (cloud-based services in particular) to provide consistent protection regardless of device type, location, operating system, or browser."

CLOUD AND CPE MANAGED SECURITY MARKET HIGHLIGHTS

• Global cloud and CPE managed security service revenue grew 12% in 2011, to $11.7 billion
• Infonetics (News - Alert) Research forecasts the cloud and CPE managed security services market to grow to just under $18 billion by 2016
• North America is expected to remain the largest market for managed security solutions for the foreseeable future
• The managed security market is driven in large part by 3 major factors:
  • Currently installed solutions are not enough
  • Many companies lack the manpower or expertise to roll out new technology
  • Many enterprises are in the midst of an IT infrastructure transformation, moving users, applications, and data into the cloud, and seeking security solutions that will follow them

CLOUD AND CPE MANAGED SECURITY REPORT SYNOPSIS

Infonetics' biannual Cloud and CPE Managed Security Services report provides market size, forecasts through 2016, and analysis for both cloud-based and CPE-based managed security services by technology (managed firewalls, content security, intrusion detection and prevention solutions or IDS/IPS, and other managed security services) and organization size.

RECENT/RELATED SECURITY RESEARCH

• Latest Infonetics Security research newsletter: http://bit.ly/IoCFMk
• Download Infonetics' 2012 Research Publication Calendar: http://bit.ly/zwjcRs
• On-demand webinar: SECURING YOUR EMPLOYEES' MOBILE DEVICES (Infonetics, IBM (News - Alert), Juniper)
• BYOD trend shaping both the traditional and mobile security client software markets
• Enterprises plan 58% increase in data center security spending this year
• McAfee holds lead, Cisco moves into 2nd in tight (and growing) content security gateway market
• Network security market set for stronger growth in 2012
• Enterprises rate mobile device security vendors, reveal top concerns
• Service provider security plans, views on security vendors revealed in new survey
• Smaller vendors driving growth in the NAC appliance market

• Data Center Security Products
• 1Q12 Content Security Gateway Appliances, Software, and SaaS
• 1Q12 Network Security Appliances and Software
• DDoS Prevention Appliances

UPCOMING ENTERPRISE SECURITY SURVEYS

• Application Control Drivers, Spending, and Vendor Leadership
• Security Strategy for On-Premise, Hosted, and Hybrid Solutions

UPCOMING LEADERSHIP SCORECARDS

• Messaging Security SaaS Provider Leadership Scorecard
• Enterprise Communications Equipment Vendor Leadership Scorecard
• Web Security SaaS Provider Leadership Scorecard
• Telecommunications Equipment Vendor Leadership Scorecard

TO BUY REPORTS, CONTACT SALES:

N. America (West), Asia, Latin America: Larry Howard, [email protected], +1-408-583-3335

N. America (East), Texas, Midwest: Scott Coyne, [email protected], +1-408-583-3395

Europe, Middle East, Africa: George Stojsavljevic, [email protected], +44-755-488-1623

Japan, South Korea, China, Taiwan: http://www.infonetics.com/contact.asp

Infonetics Research (News - Alert) (www.infonetics.com) is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize, and compete effectively.

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