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London, United Kingdom, 2014/02/27 - • Key Customer Segments include Large Enterprises, Government Organizations, SMEs - TechNavio.com.
TechNavio, the independent London-based global research firm, today announced the publication of its research report on the IT Security Market in Japan. The report finds Adware as the major threat facing in the IT Security Market in Japan during the forecast period 2014-2018.
As per research analysis, Adware is the major threat facing the IT Security Market in Japan followed by Trojans, Worms, Virus, Spyware and others with the Manufacturing sector being the main target for these attacks; accounting for more than 80 percent of the total attacks. The other sectors equally affected included BFSI sector, Government sector, Business Services sector & Technology sector.
Japanese organizations were the primary target for most of these cyber-attacks originating from Japan.
However, the number of attacks on Japanese organizations from other countries will be reducing during the forecast period due to the execution of stringent regulations.
Currently, the Global IT Security market is witnessing an increase in IT security spending by organizations in various countries due to the rising number of cyber-attacks. Of global IT security spending, Japan contributed 12.7 percent in 2013. However, IT security spending by other countries such as India and the US will be higher than that of Japan during the forecast period, reducing its contribution to the global market.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of IT Security Market in Japan. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.