Infonetics Research: Cloud-Based Security Services Set to Surge 83% by 2016

CAMPBELL, Calif.--(BUSINESS WIRE)--Market research firm Infonetics Research released excerpts from its Cloud and CPE Managed Security Services report, which analyzes and forecasts the market for cloud- and customer premises equipment (CPE)–based security services delivered by service providers to small, medium, and large businesses.

“Cloud-based security services in particular are gaining momentum, fueled by North America and greenfield opportunities in developing markets in Asia and Latin America. We’re forecasting global revenue from cloud-based security services to grow 83% from 2011 to 2016, an eyebrow-raising figure, especially in the enormous security market.”

ANALYST NOTE

“As the variety of devices, platforms, and apps grows and properly securing them becomes more complex, so grows demand for managed security services, even in the midst of some lingering economic malaise,” notes Jeff Wilson, principal analyst for security at Infonetics Research.

Wilson adds, “Cloud-based security services in particular are gaining momentum, fueled by North America and greenfield opportunities in developing markets in Asia and Latin America. We’re forecasting global revenue from cloud-based security services to grow 83% from 2011 to 2016, an eyebrow-raising figure, especially in the enormous security market.”

CLOUD AND CPE MANAGED SECURITY MARKET HIGHLIGHTS

• The volume of network security attacks is up significantly in 2012, with more threats coming—or appearing to come—from trusted sources
• By 2016, spending on managed security services by medium-sized organizations will be on a par with large organizations
• Major Internet and platform companies including Google and Microsoft are integrating content security into their larger business applications offerings
• DDoS services like those provided by Prolexic and Verisign are a major and growing segment that Infonetics may break out in its managed security report when more data is available from providers in this space

REPORT SYNOPSIS

Infonetics’ biannual Cloud and CPE Managed Security Services report provides market size, forecasts, trends and analysis for cloud- and CPE-based managed security services by organization size and by technology: managed firewalls, content security, intrusion detection and prevention solutions (IDS/IPS), and other security services. To buy the report, contact Infonetics sales: http://www.infonetics.com/contact.asp.

RELATED RESEARCH

• Latest Infonetics Security research brief: http://bit.ly/PIp5tn
• Integrated, hosted, SaaS security driving market, but weighing on content security products
• Hybrid security solutions gaining traction among enterprises, Infonetics survey finds
• DDoS prevention market to grow 24% in 2012 as competition heats up
• Cisco leads tight race for web security SaaS supremacy
• Enterprises want application control solutions with broad app support
• Google tops Infonetics’ messaging security SaaS scorecard, but vulnerable to competition
• Virtual and data center security appliances to hit $4.4 billion by 2016; vendor battle looming

RECENT AND UPCOMING RESEARCH

Download SECURITY report highlights, tables of contents, and prospectuses at http://www.infonetics.com/login or Infonetics’ 2012 Research Calendar at http://bit.ly/zwjcRs.

• Infonetics’ new 2013 Market Research Lineup: http://bit.ly/QT1CE8
• Cloud & Data Center Security Strategies & Vendor Leadership Survey
• Content Security Gateway Appliances, Software & SaaS Market Share & Forecast
• Data Center Security Products Market Share & Forecast
• DDoS Prevention Appliances Market Share & Forecast
• Network Security Appliances & Software Market Share & Forecast
• Security Client Software Market Share & Forecast
• Total Security Pivot Market Share & Forecast

UPCOMING LEADERSHIP SCORECARDS

• Enterprise Communications Equipment Vendor Leadership Scorecard
• Telecommunications Equipment Vendor Leadership Scorecard

TO BUY REPORTS, CONTACT SALES:

N. America (West), Asia, Latin America: Larry Howard, [e-mail], [phone]

N. America (East), Texas, Midwest: Scott Coyne, [e-mail], [phone]

Europe, Middle East, Africa: George Stojsavljevic, [e-mail], [phone]

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

ABOUT INFONETICS

Infonetics Research (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. View Infonetics’ brief About Us slides at http://bit.ly/QUrbrV.