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Global Security Hardware Market in Telecom Industry 2008-2012
Infiniti Research Limited, Nov 2009, Pages: 19
Security hardware includes all types of hardware that are deployed for enhancing the security of IT assets. The various types of security hardware are secure content management hardware, intrusion prevention & detection systems, authentication devices, firewall equipment, VPN appliances, and unified threat management devices.
Telecom companies operate in a highly competitive environment. As a result, a lot of pressure exists on them to increase their profit margins by introducing new products and deploying new services. Further, these telecom companies face challenges of infrastructure up-gradation as a large amount of data exists in data sources, which might be incompatible.
Due to converged and complicated networks, telecom companies require a wider array of security offerings that can be incorporated in the existing system and networking hardware. The telecom companies themselves are recognizing the importance of security hardware in bolstering subscriber confidence and gaining customer loyalty. The main segments of security appliances that the telecom companies favor to adopt are IPS, UTM and content management hardware. Government regulations specific to the telecom industry are also forcing the telecom operators to focus on subscriber data protection.
Traditional software-based point products require dedicated servers for fast and continuous processing. These software solutions are difficult to manage and require investment in technical staff to operate. IT security staff has to deal with annual maintenance contracts, patches, upgrades, and licensing agreements that add to the cost for companies. Security hardware offers a cost effective security solution, which is easier to configure, manage, and monitor. The low cost of ownership, coupled with ease of use, is driving the growth of security hardware.
The report by TechNavio Insights forecasts the size of the global security hardware market in telecom industry over the period 2008-2012. It segments the security hardware market into various geographic regions (representing the market size for each of these regions). Further, it discusses the key market trends, drivers and challenges of the security hardware market in the telecom industry, and profiles some of the key vendors of this industry.
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