Monday, 30 April 2012

Security to be worth $18 billion by 2016


A report by Infonetics Research has forecasted that Managed Security services are expected to reach $18 billion by 2016. The report highlights that Global cloud and CPE managed security service revenue grew 12% in 2011, to $11.7 billion.


“Companies have to worry about desktops, laptops, servers, smartphones, tablets, kiosks, iPods, set-top boxes, and any other device that can connect to the Internet. The highly distributed nature of Internet-connected devices and the diversity of those devices drives many companies to look at managed services (cloud-based services in particular) to provide consistent protection regardless of device type, location, operating system, or browser.” notes Jeff Wilson, principal analyst for security at Infonetics Research.

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