Gulf States Security Software Market 2012–2016 Forecast and 2011 Vendor Shares

This IDC study provides an overview of the security software in the Gulf states for 2011. The study covers vendor shares, major vertical markets contributing to security investments, and current focuses on security spending, The study further provides forecasts on security software spending through 2016.

"IT security spending in the region will see growth over the forecast period. The region is witnessing increasing cyberwarfare. The spate of attacks on energy companies in countries such as Saudi Arabia and Qatar are only the first in a series of attacks that are likely to grow in complexity and frequency. Companies and governments must assess all possible risk vectors and IT security threats and should reevaluate their security strategies. IDC expects companies, and even governments, will rebuild their business continuity strategies to manage the eventuality of further complex cyberattacks effectively. We also expect companies to be more stringent in evaluating vendors out of concern that vendors may not be doing enough to keep them ahead of the threats. Vendors must help to rebuild trust and work at being their customers' partners in protecting business." – Research Manager Megha Kumar, IDC Middle East Africa, and Turkey