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Global IT Security Market to Grow at a Fast Pace Finds RNCOS - The IT security market is anticipated to grow at a CAGR of around 12% during 2010-2013, says RNCOS
Global IT Security Market to Grow at a Fast Pace Finds RNCOS

 

NewswireToday - /newswire/ - Noida, Uttar Pradesh, India, 2010/10/12 - The IT security market is anticipated to grow at a CAGR of around 12% during 2010-2013, says RNCOS.

   
 
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According to our research report “Global IT Security Market Forecast to 2013”, the increasing Internet usage and e-commerce activities with other factors have led to the growth in the global IT security market. The corporates across the world are migrating themselves from traditional business solutions to more enhanced IT-enabled solutions. Due to this, the market is estimated to grow at a CAGR of around 12% during 2010-2013. Various factors that will drive the IT security market in future have been comprehensively discussed in the report.

The segment-level analysis of our report reveals that IT security software market holds the major chunk in the total IT security market. However, in coming years, the major growth driver of the entire IT security market will be IT security services segment followed by security appliances. The growth in these segments will boost the IT security market. The products of these segments have been discussed in our report along with reasons responsible for their growth and their future forecasts.

At the regional front, our report indicates that the Asia-Pacific and the Middle East regions will experience significant growth in their IT security market in coming years. Our report has studied all the factors driving growth in different countries of North America, Europe, Asia-Pacific, Middle East, and Africa. The report also provides forecast for IT security market and its segments at global level and in various countries.

Businesses across different sectors are migrating from their conventional operations to IT-enabled solutions so that they can increase their productivity to match up with the rapidly changing IT trends. Changing business practices have led to the development of distributed corporate structures and better networking of computers within organizations, making modern IT systems more vulnerable to security attacks. This has been increasing demand of IT security in a number of sectors. The report has identified these sectors and the factors responsible for the growth of IT security in these sectors.

Besides, the report has discussed the factors hampering the growth of the industry. The report has also done an analysis on the strengths and weaknesses of key players.

Report/IM222

About RNCOS
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

 
 
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Global IT Security Market to Grow at a Fast Pace Finds RNCOS

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