About IT Security
IT security protects system data and information over a network. It prevents unauthorized access of data and also prevents its modification. IT security deals with the measures taken to detect, monitor, report, and counter data threats. It includes security hardware, software, and services that focuses on security of important parameters, which includes email security, data protection, compliance, web security, data loss prevention, architecture, governance, security information and event management, and identity and access. IT security has been gaining prominence over the years with an increase in data hacking activities, which cannot be addressed by traditional defense mechanisms.
TechNavio's analysts forecast the IT Security market in China to grow at a CAGR of 11.39 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and growth prospects of the IT Security market in China for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the following product segments of the IT Security market in China:
Technavio Announces the Publication of its Research Report – IT Security Market in China 2015-2019
Technavio recognizes the following companies as the key players in the IT Security Market in China 2015-2019: CA Technologies Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Emc² Corp., IBM Corp., Juniper Networks Inc. and Symantec Corp.
Other Prominent Vendors in the market are: Dell SonicWall, Fortinet, F-Secure, McAfee, Sophos, TrendMicro
Commenting on the report, an analyst from Technavio’s team said: “The market is expected to witness significant growth during the forecast period, given the increased demand for cloud-based security solutions. Advances in technology have compelled vendors to offer cloud-based security solutions to increase their market share.”
According to the report, high dependence on the Internet is a major growth driver for the market. Increased usage of the Internet has exposed sensitive data, such as corporate emails and critical business information, to a number of cyber threats. Therefore, companies are adopting security products and services to protect their networks and provide employees with safe access.
Further, the report states that the high implementation costs of security products pose a challenge for the market.
Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- http://www.technavio.com/it-hardware-software-services
CA Technologies Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Emc² Corp., IBM Corp., Juniper Networks Inc. and Symantec Corp., Dell SonicWall, Fortinet, F-Secure, McAfee, Sophos, TrendMicro
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