- Language: English
- Published: March 2013
- Region: Global
Global Security Software Market for Small and Medium Business 2010-2014
- ID: 2020675
- December 2011
- Region: Global
- 35 Pages
TechNavio's analysts forecast the Global Security Software market for Small and Medium Business to grow at a CAGR of 13.4 percent over the period 2010–2014. One of the key factors contributing to this market growth is the growing compliance requirements. The Global Security Software market for Small and Medium Business has also been witnessing increasing demand for email and web security solutions. However, the limited IT security budget allocation compared to large enterprises could pose a challenge to the growth of this market.
Key vendors dominating this market space include Symantec Corp., McAfee Inc., Trend Micro Inc., and Kaspersky Lab ZAO.
TechNavio's Global Security Software Market for Small and Medium Business 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions and focuses on the Global Security Software market for Small and Medium Business for the period 2010–2014. Further, the report discusses about the vendors operating in the Security Software market targeted toward the SMBs, and considers both the Product/License revenue and Services revenue.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Market Trends
11. Key Vendor Analysis
11.1 Symantec Corp.
11.2 McAfee Inc.
11.3 Trend Micro Inc.
11.4 Kaspersky Lab ZAO
12. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Security Software Market for Small and Medium Businesses 2010–2014 (US$ billion)
Exhibit 2: Comparison of IT Spending and IT Security Spending Among Small and Medium Businesses
Exhibit 3: Global Security Software Market for Small and Medium Businesses by Geographical Segmentation 2010
Exhibit 4: Global Security Software Market for Small and Medium Businesses by Vendor Segmentation 2010
TechNavio Announces the Publication of its Report – Global Security Software Market for Small and Medium Business 2010–2014
TechNavio a market research leader in the area of IT Security, recently published its Global Security Software Market for Small and Medium Business 2010–2014 report. The report aids decision makers' understanding of the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio's IT Security team said, “One of the important trends observed in the market is the growing adoption of SaaS-based security solutions. Unlike large enterprises and government departments, which are ready to pay high amounts to get complex network level solutions, SMBs give high preference to cost-effective solutions. SaaS-based solutions operate on the pay-as-you-use model and hence are much more cost effective.”
According to the report, one of the major drivers for the Global Security Software market for Small and Medium Business is increasingly strict compliance requirements. Earlier SMBs were not tightly regulated and most of the regulations were directed toward large enterprises with geographically diverse operations. However, with increasing criticality of business, the regulatory authorities are bringing the SMBs also in purview of different regulations. Coming under the scanner of the regulatory authorities means tighter internal compliance and data loss prevention measures.
Key findings from the report:
- Rapid Geographical Expansion of Small and Medium Businesses
- Limited Technological Expertise of IT Personnel
- Increasing Small and Medium Business Specific Offerings
The study was carried out using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.