Security software protects the IT infrastructure of an organization from potential threats such as viruses, Trojans, hackers, data theft, malware, etc. Examples of security software include antivirus applications, firewall, intrusion detection systems, identity management tools, etc.The demand for security software market is growing primarily because of evolution in the security threats, faced both by organizations and individuals. Secondly, factors such as data leakage, privacy, hackers, network breach, and spyware infections are also driving the security software market. Thirdly, mandatory government regulations such as Gramm-Leach-Bliley (GLB) Financial Modernization Act, HIPPA (the Health Insurance Portability & Accountability Act of 1996), and the Sarbanes-Oxley Act of 2002 are also acting as major drivers of security software market. Further, the rise in the number of internet users, online transactions, identity thefts, and sharing of secondary data storage devices are fueling the growth of the security software market.
The report forecasts the size of Global Security Software Market over the period 2008-2011. It segments the total Global Security Software Market into various geographic regions (presenting the size of each of these regions).
Further, it segments the Global Security Software Market by vertical and elaborates upon the sales drivers for the top five verticals of this market.
TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.
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