Security Software Market in the Telecom Industry to Grow at 13% CAGR by 2019 Says a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) May 29, 2015 -- The Global Security Software Market in the Telecom Industry 2015-2019 report says growing security requirements of telecom operators, whether small or large enterprises in the telecom industry and advances in technology have enabled vendors to offer SaaS-based security solutions to their customers. Telecom service providers are increasingly adopting these solutions because of the various benefits they offer, which include the availability of pay-per-use models and instant access. Also, SaaS-based security solutions automatically update the product, thereby enabling it to respond to the latest security threats.
The report spread across 91 pages and provides 26 Exhibits. Browse Global Security Software Market in the Telecom Industry 2015-2019 report.
The analysts forecast the global security software market in the telecom industry to grow at a CAGR of 13.31% over the period 2014-2019.
According to the Global Security Software Market in the Telecom Industry 2015-2019 report, telecom operators have a complex network that comprises proprietary applications, operating systems, and protocols. They require secure networks to manage the server traffic from internal as well as external sources. In response to this need, security software solutions have integrated security features such as content filtering, data loss prevention, and intrusion prevention systems. Also, the various regulatory guidelines for safe and secure data transmission are driving the need for these solutions. The need for centralized monitoring is growing at an unprecedented pace, and enterprises are considering security software as a possible solution.
Security software market segmentation including geography and vendor insights
The security software market in the telecom industry report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation by key geographies including the Americas, EMEA and APAC regions.
The global security software market in the telecom industry is characterized by the presence of well-diversified international and regional vendors concentrating on technological advancements and frequent changes in consumer preferences.
Telecom service providers are increasingly adopting SaaS-based security solutions because of the various benefits they offer, which include the availability of pay-per-use models and instant access.
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The new report covers the present scenario and growth prospects for the global security software market in the telecom industry. To calculate the market size, the report considered the revenue generated from the sales of security software solutions in the telecom industry and the consolidated revenues from the Americas, EMEA, and APAC regions.
Industry analysis includes:
The following companies are the key players in the global security software market in the telecom industry: Emc², IBM, McAfee, Symantec and Trend Micro
Other Prominent Vendors in the market are: AVG Technologies, CA Technologies, Check Point Software Technologies, Cisco Systems, Fortinet, F-Secure, Kaspersky Lab, Panda Security, Sophos and TripWire
Market Growth Drivers:
• Growing Need to Secure Networks
• Increased Advanced and Sophisticated Threats
Market Challenges:
• Presence of Inexpensive Security Solutions
• High Total Cost of Ownership
Market Trends:
• Popularity of SaaS-based Security Solutions
• Convergence of Technologies
The Global Security Software Market in the Telecom Industry 2015-2019 report states that a challenge faced by vendors in the global security software market in the telecom industry is the availability of inexpensive security solutions.
Other Related Reports:
Global Security Software Market 2015-2019: Analysts forecast the Global Security Software market to grow at a CAGR of 11.11% over the period 2014-2019.
The report covers the present scenario and growth prospects of the Global Security Software market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the following segments of the Global Security Software market:
• Endpoint Security (corporate and consumer endpoint security solutions)
• SIEM (SIEM services and solutions including log and event management, firewall security management, and patch management)
• Secure Email Gateway (on-premise and cloud-based secure email gateway solutions)
• Secure Web Gateway (on-premise and cloud-based secure web gateway solutions)
• Data Loss Prevention (enterprise content aware data loss prevention solution, data loss prevention lite, and channel data loss prevention solution)
Global Cloud Security Software Market 2015-2019: Analysts forecast the Global Cloud Security Software market to grow at a CAGR of 48.46% over the period 2014-2019.
Key Vendors
• CA Technologies
• McAfee
• Symantec
• TrendMicro
Other Prominent Vendors
• CipherCloud
• CloudLock
• CloudPassage
• Commtouch Software
• CREDANT Technologies
• CYREN
• HyTrust
• IBM
• Okta
• Panda Security
• SafeNet
• Skyhigh Networks
• ThreatMetrix
• Zscaler
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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