Global Network Security Market to Reach $9.5 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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The global network security market continues to witness increasing growth largely 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.

Network Security: A Global Strategic Business Report

Global network security market is projected to 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 2006-2015 period. Increasing security threats, steady infrastructure expansion, growing spending on security solutions, and economic development is contributing to the brisk growth of network security market in Asia-Pacific. Network security market in Rest of World, which includes Africa/Middle East, and Latin America, represents the second fastest growing market behind Asia-Pacific.

Intrusion Detection System/Intrusion Prevention System market is projected to become the second largest product segment, behind unified threat management, of network security market. The IDS/IPS segment is however projected to experience a comparatively slower growth in the upcoming years, due to increasing competition from other product segments. The world market for intrusion detection systems is gradually making a transition to prevention from pure detection, propelled by advancements in detection technology. The world IDS/IPS market is moving towards maturity owing to consolidations and product expansions by intrusion detection/prevention systems vendors.

Unified Threat Management market is one of the fastest growing segments over the period 2006-2015. The UTM market is growing at the cost of other product segments buoyed by its capability to provide comprehensive security and increasing customer demand for integrated security solutions. Sales factors or price-points, including speed, network-policy enforcement, and scalability, are the major factors driving the acceptance and adoption of UTM appliances. Further, demand for UTM appliances is also driven partly by their compliance to the industry and government regulations and laws.

These and other market data and trends are presented in "Network Security: A Global Strategic Business Report" published by Global Industry Analysts, Inc. This GIA report discusses the prevailing trends, recent developments, product profile, players, competition, demand forecasts, mergers, acquisitions, and other strategic industry activities. The network security market is analyzed in US$ Million by the following Geographic Regions - North America, Europe, Asia-Pacific, and Rest of World; and Product Segments - Firewall/VPN, Intrusion Detection System/Intrusion Prevention System, Unified Threat Management, and Mobile Data Protection. Analytics for the period 2000-2015 provide a comprehensive understanding of the market.

The network security market is highly compact, with four major security vendors holding dominant share. Leading global players profiled in the report include Cisco Systems, Juniper Networks, Check Point, Nokia, Microsoft, IBM ISS, Fortinet, McAfee, SonicWALL, Trend Micro, Sourcefire, TrippingPoint, Secure Computing, Norte, F5 Networks, Citrix, and Array Networks, among several others.

For more details about this research report, please visit
http://www.strategyr.com/Network_Security_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press (at) StrategyR (dot) com
Web Site http://www.StrategyR.com

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