TechNavio’s analysts forecast that the Global Security Software Market will reach $27.8 billion in 2014. One of the key factors contributing to this market growth is increasing frequency and complexity of threats. The Security Software market has also been witnessing increasing adoption of deep packet scanning. However, growing piracy and rising adoption of pirated content among individual users could be a challenge to the growth of this market.
Key vendors dominating this market space include Symantec, McAfee, IBM Corp., Trend Micro.
TechNavio’s Global Security Software Market 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on Americas, EMEA, and APAC, and covers the Global Security Software market, and also the vendors who are operating in this market.
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?
Report HighlightsGrowing Number of Application Attacks is Encouraging Adoption of Web Application Vulnerability Management
Research conducted by Technavio reveals, that the global web application vulnerability management market is expected to grow at a CAGR of 21 percent. The report, which focuses on Americas and EMEA indicates, that the market is currently driven by growing number of web application layer attacks.
“Application layer, which handles operations like resource allocation, communication, etc., is emerging as a major target for attackers. It is estimated that around 70 percent of all attacks on web security are aimed towards application layer. With rising application layer attacks, there is an increasing need to secure the web-applications using web-application vulnerability management solutions,” reports Technavio analyst.
In spite of the need, continued occurrence of false positives, hinder the growth of this market. However, the rise of web 2.0 is expected drive the growth of this market.
The global web application vulnerability management market is marked by integration of vulnerability management with IPS .This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global Web-Application Vulnerability Management Market2010-2014 is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include IBM Corp. and Hewlett-Packard Co.
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