Global Security Software Market in the Telecom Industry 2015-2019
About security services
Security software comprise a suite of security products. Their scope encompasses several areas such as data protection, compliance, architecture, email security, web security, governance, data loss prevention, security information and event management, and identity and access. A security software solution provides several features such as encryption, endpoint monitoring, identity and access management, intrusion detection, vulnerability scanning, and application and messaging security. Security software are gaining more traction among large enterprises because they help protect business-critical information from unauthorized access and data theft. Security software enable organizations to keep their computer systems protected from malware, worms, and other potential threats.
Security software solutions have the ability to protect the application and management network in the telecom industry from disruption and loss of confidential data. The growing sophistication of cyber attacks and increased penetration of data breaches are prompting enterprises in the telecom industry to adopt security software.
Technavio's analysts forecast the global security software market in the telecom industry to grow at a CAGR of 13.31% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and growth prospects of the security software market in the telecom industry for the period 2015-2019.
To calculate the market size, the Technavio analyst considered the follwoing:
Technavio Announces the Publication of its Research Report – Global Security Software Market in the Telecom Industry 2015-2019
Technavio recognizes the following companies as the key players in the global security software market in the telecom industry: Emc², IBM, McAfee, Symantec and Trend Micro
Other Prominent Vendors in the market are: AVG Technologies, CA Technologies, Check Point Software Technologies, Cisco Systems, Fortinet, F-Secure, Kaspersky Lab, Panda Security, Sophos and TripWire
Commenting on the report, an analyst from Technavio’s team said: The growing security requirements of telecom operators, whether small or large enterprises in the telecom industry and advances in technology has enabled vendors to offer SaaS-based security solutions to their customers. Telecom service providers are increasingly adopting these solutions because of the various benefits they offer, which include the availability of pay-per-use models and instant access. Also, SaaS-based security solutions automatically update the product, thereby enabling it to respond to the latest security threats.
According to the report, telecom operators have a complex network that comprises proprietary applications, operating systems, and protocols. They require secure networks to manage the server traffic from internal as well as external sources. In response to this need, security software solutions have integrated security features such as content filtering, data loss prevention, and intrusion prevention systems. Also, the various regulatory guidelines for safe and secure data transmission are driving the need for these solutions. The need for centralized monitoring is growing at an unprecedented pace, and enterprises are considering security software as a possible solution.
Further, the report states that a challenge faced by vendors in the global security software market in the telecom industry is the availability of inexpensive security solutions.
Emc², IBM, McAfee, Symantec and Trend Micro Other Prominent Vendors in the market are: AVG Technologies, CA Technologies, Check Point Software Technologies, Cisco Systems, Fortinet, F-Secure, Kaspersky Lab, Panda Security, Sophos and TripWire"
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