IT Security Products and Security Service Market

The growing number of mobile workforce in support of trends like Bring Your Own Device (BYOD), the blooming cloud-based services, and Advanced Persistent Threats (APTs) present a comprehensive opportunity for research and development in IT security product and service portfolio. Apart from these, factors such as the need for unified solutions, strict compliance and data disclosure mandates, risk over maintenance of sensitive data, enhanced enterprise mobility, and increasing spending on security forums are boosting up the demand for IT security solutions. It is expected that the IT security products and security services market will show enormous growth with credence in the coming years. Major players in the IT security products and services market ecosystem include CA Technologies, Cisco Systems, Fujitsu, Fortinet, Hitachi, HP, IBM, Juniper Networks, McAfee, Microsoft, NEC, Symantec, Trend Micro, and Websense.

The rapid adoption of cloud computing, data center, wireless communication, strict government compliances on data privacy, increasing threat in public utilities along with the rapid increase in sophistication of IT security threats are expected to create extensive market opportunities for solution vendors during the forecast period.

The report on IT security products and security services market majorly focuses on estimation of current market size and future growth potential across all the major segments of this market, which are hardware, software, services, verticals, and regions. Furthermore, the report also includes an extensive analysis of the key players in the IT security space with their profiles, strategies and developments, major market drivers, restraints, opportunities, challenges, global adoption trends, and key issues in the market.