TechNavio's analysts forecast the Global IT Security Spending market to grow at a CAGR of 9.29 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to improve the quality of protection. The Global IT Security Spending market has also been witnessing the increasing demand for cloud-based security solutions. However, the high cost of implementation could pose a challenge to the growth of this market.
TechNavio's report, the Global IT Security Spending Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, and the EMEA and APAC regions; it also covers the Global IT Security Spending market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Check Point Software Technologies Ltd., Cisco Systems Inc., EMC Corp., Fortinet Inc., Hewlett-Packard Co., Juniper Networks Inc., McAfee Inc., Palo Alto Networks Inc., Sourcefire Inc., Symantec Inc., and Trend Micro Inc.
Other vendors mentioned in the report are Akamai Technologies Inc., Barracuda Networks Inc., Citrix Syatem Inc., Dell SonicWALL, F5 Networks Inc., Radware Ltd., IBM Corp., Microsoft Corp., and Trustwave Holdings Inc.
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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