< Key Hightlight >
The demand for IT security products and services has been witnessing an exponential growth for last few years, owing to the increasing deployment of IT-enabled business solutions. Moreover, rapidly increasing malicious cyber attacks on the websites of the government and enterprises have made it necessary for these organizations to have an updated and strong IT security infrastructure so that their vital information remain secured. Fast internet adoption in the emerging countries has also fuelling the growth in demand for IT security products and services, worldwide.
According to our recent research report “Global IT Security Market Forecast to 2013”,amid global economic slowdown, growing concerns over the IT security among all sized organizations helped the sector grow positively in the past couple of years. Our report estimates the global IT security market to be nearly US$ 68 Billion in 2010, which is further projected to grow at a CAGR of around 12% during 2012-2015.