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Infonetics: Managed security services hot despite cool economy due to growing threats, mobile devices, move to cloud(Market Wire Via Acquire Media NewsEdge) CAMPBELL, CA -- (MARKET WIRE) -- 09/27/11 -- Market research firm Infonetics Research today released excerpts from its Managed Security Services and SaaS report, which analyzes and forecasts the market for security-as-a-service (SaaS) and CPE- and cloud-based security services managed by service providers for small, medium, and large businesses. ANALYST NOTE"Despite the global economic meltdown that started in mid-2008, the security services market is strong and growing, with demand driven by the proliferation of security threats, growth in the use of mobile devices, and the shift to the cloud. It's often cheaper for companies to hire a service provider to manage their security than to do it themselves, and with the growing complexity of security solutions, this outsourcing trend will continue. We expect the managed security services market to grow about 13% in 2011, and see healthy annual growth through at least 2015, when we forecast it to reach $16.8 billion, with the strongest growth coming from the SaaS segment," notes Jeff Wilson, principal analyst for security at Infonetics Research. MANAGED SECURITY MARKET HIGHLIGHTS Infonetics expects the security SaaS segment of the market to more than double between 2011 and 2015 as companies wrestle to keep up with the short window they have to protect themselves against Web threats and to protect a geographically diverse user base accessing corporate data and applications from an immense variety of devices (smartphones, tablets, laptops, kiosks, etc.) By 2015, CPE-based security services revenue will drop to 54% of the total managed security market while cloud-based services and SaaS grow to 46% (from 38% in 2010) Small and medium organizations are increasing their spending on managed security services, such that, by 2015, Infonetics expects medium and large business to spend the same amount on security services, and expects small organization spending to grow to more than ¼ of the global marketMANAGED SECURITY REPORT SYNOPSISInfonetics' Managed Security Services and SaaS report provides market size, forecasts through 2015, and analysis for managed security services by technology (managed firewalls, content security, IDS/IPS, other), service type (CPE-based, cloud-based, security-as-a-service), and organization size. The service includes 2 service provider scorecards for the security SaaS market: for messaging security players and for Web security players that analyze and rank vendors based on installed base, security reputation, financial stability, market strategy, service capabilities, and support options. RELATED SECURITY RESEARCHDownload report prospectuses, tables of contents, etc. at http://www.infonetics.com/login (see SECURITY for both 2011 and new 2012 services). Enterprise security survey underscores trend toward hybrid CPE/cloud security solutions Network and content security markets rebound in 2Q11, positive 3Q11 outlook; Cisco strong Cloud deployments and vendor consolidation drive virtual security appliance market Cisco tops Infonetics Research's web security SaaS scorecard Intrusion prevention system (IPS) survey highlights move to integrated solutions Google and Symantec top Infonetics Research's messaging security SaaS scorecard Security spending for virtualized environments to spike; Microsoft, Cisco, VMware early leadersUPCOMING SECURITY RESEARCH Content Security Appliances and Software - 3Q11 edition Network Security Appliances and Software - 3Q11 edition Security Client Software NAC Enforcement Appliances Virtual Security Appliances Mobile Security Strategies and Vendor Leadership: North American Enterprise Survey Service Provider Security Drivers, Spending, and Vendor Leadership: Global Survey SALES Larry Howard, VP, Western NA, Asia, CALA: [email protected] +1-408-583-3335 Scott Coyne, Eastern NA, Texas, Midwest: [email protected] +1-408-583-3395 George Stojsavljevic, Account Director, EMEA: [email protected] +44-755-488-1623 Takashi Kimura, TAK Analytics, Japan: [email protected] +81-3-6408-5566 Infonetics Research 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 more effectively. Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1745890 Lead Analyst Jeff Wilson Principal Analyst, Security Infonetics Research +1-408-583-3337 Email Contact http://twitter.com/securityjeff Source: Infonetics Research |