Worldwide IT Security Software, Hardware, and Services 2009-2012 Forecast and 2007 Vendor Shares: The Big Picture

IDC
January 1, 2009
29 Pages - SKU: IDC2284410
License type:
Countries covered: Global

This IDC study examines the worldwide security market for the period from 2007 to 2012, with vendor revenue trends and market growth forecasts. Worldwide market sizing is provided for 2007, and a growth forecast for this market is shown for 2009-2012. A vendor competitive analysis, with vendor revenue and the market shares of the leading vendors, is provided for 2007.

"Although 2008 was tumultuous, the security market showed good growth. In 2009, IDC believes spending on security products will remain stronger than other IT areas because of compliance and business requirements. Our survey research continues to point to very robust customer investment in emerging areas such as security hosted services and virtualization," said Brian Burke, program director, IDC's Security Products Program. "Moreover, a recent IDC economic meltdown study showed that security was the least likely area to face cuts in response to the current economic crisis."

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