Global Storage Software and Managed Security Services Market 2014 - 2018 Forecast in New Research Reports at ReportsnReports.com

Global Storage Software Market 2014-2018 and Global Managed Security Services Market 2014-2018 are new research available at ReportsnReports.com.

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Dallas,Texas (PRWEB) June 24, 2014

Enterprise storage infrastructure has flash memory storage because of its plug-and-play feature. Enterprises implement arrays of hot-spare disks, which allow storage disks to be plugged in and out as and when required. This feature enables easier and faster scalability of the network storage infrastructure. The use of flash storage segments also simplifies the archiving of enterprise data. In addition, a flash storage software has an inbuilt feature that automatically backs up data at regular intervals.

According to the report, several factors drive the growth of the Global Storage Software market, one of which is the rise in demand for storage virtualization. Virtualization enables additional features and better functionality within a storage system. Virtualization and categorized storage solutions together allow an organization to strategically coordinate and manage their business applications within the storage infrastructure. Storage virtualization allows non-disruptive data migrations and storage partitioning to confine different workloads.

The Global Storage Software market is a part of the Global Storage market. The Global Storage Software market can be divided into six segments: Data Protection and Recovery, Storage Replication, Archiving, Storage Resource Management, Storage Device Management, and Other Storage Software.

Global Storage Software Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the EMEA and APEJ regions, and Japan; it also covers the Global Storage Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Market Driver

  •     Growing Demand for Storage Virtualization.

Key Market Challenge

  •     Lack of Structured Storage Infrastructure.

Key Market Trend

  •     Increasing Use of Flash Memory Storage.

The report recognizes the following companies as the key players in Global Storage Software Market: EMC Corp., IBM Corp., NetApp Inc., Symantec Corp., Dell Inc., Hewlett-Packard Co., Hitachi Ltd., Microsoft Corp.

Further, the report states that one of the major challenges is the lack of structured storage infrastructure. Huge volumes of data are stored by enterprises and used as and when required. This data is important during the decision making processes. However, the lack of structured infrastructure can lead to financial losses for organizations.

With the various advantages of adopting cloud services such as lower cost and ease of installation and operations, SMEs prefer cloud services to other security service offerings. Also, even large enterprises that are already using CPE-based managed security services are switching to the cloud model. Thus, seeing the increasing demand for and increased popularity of cloud-based offerings, many vendors in the Global Managed Security Services market are offering cloud-based services. For instance, specialized cloud service providers such as MessageLabs (part of Symantec), Postini (acquired by Google Inc.), and Zscaler provide in-the-cloud security.

Analysts forecast the Global Managed Security Services market will grow at a CAGR of 16.52 percent during the period 2013-2018. According to the report, one of the major drivers is the need to improve the quality of protection. Because of the increase in the frequency of attacks, organizations are implementing managed security services that help in monitoring and providing better protection. The quality of protection can also be enhanced by outsourcing security responsibilities to MSSPs that have core expertise in this field. Hence, more end-users are adopting managed security services, a trend which is propelling the growth of the market.

The report recognizes the following companies as the key players in Global Managed Security Services Market: AT&T Inc., Dell Inc., IBM Corp., Symantec Corp, Verizon Communications Inc., Bell Canada Inc., BT Global Services Ltd, CentraComm Communications Ltd, Check Point Software Technologies Ltd., CGI Group Inc., Computer Sciences Corporation, FishNet Consulting Inc., Fujitsu Ltd., Getronics USA Inc., Hewlett-Packard Co., Integralis AG, Lockheed Martin Corp., Solutionary Inc., Tata Communications Ltd., Trustwave Holdings Inc., VeriSign Inc., Wipro Technology Services Ltd.

Key Market Driver

  •     Improved Quality of Protection.

Key Market Challenge

  •     High Implementation Costs.

Key Market Trend

  •     Increasing Demand for Cloud-based Services.

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Further, the report states that one of the major challenges faced by the market is the high cost of implementation. Despite the potential benefits, certain organizations refrain from investing in managed security services because of the high costs associated with it. Also, there are certain hidden costs involved in the maintenance of managed security services. This will make end-users reluctant to adopt them, thus affecting the growth of the market.

Explore other new reports by Infiniti Research @ http://www.reportsnreports.com/publisher/infiniti-research-limited/.

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