$9.5 bn network security market
The global network security market continues to witness increasing growth driven by expansion of enterprise networks, growing security threats, increasing adoption of advanced products, and expansion of lesser-developed markets; spurred by favorable trends, the network security market is expected to reach $9.5 billion by 2015
Here are highlights from a new report by Global Industry Analysts, Inc.:
The global network security market is will reach about $9.5 billion by 2015. North America represents the largest market for network security.
Asia-Pacific is the fastest growing market over the 2006-15 period. Increasing security threats, steady infrastructure expansion, growing spending on security solutions, and economic development are contributing to the brisk growth of network security market in Asia-Pacific.
Network security market in the rest of the world, which includes Africa/Middle East and Latin America, represents the second fastest growing market behind Asia-Pacific.
