2012-09-17 22:45:23 - Global Security Software Market for Small and Medium Business 2010-2014 - Market Research Report - a new market research report on companiesandmarkets.com
One of the important trends observed in the market is the growing adoption of SaaS-based security solutions. Unlike large enterprises and government departments, which are ready to pay high amounts to get complex network level solutions, SMBs give high preference to cost-effective solutions. SaaS-based solutions operate on the pay-as-you-use model and hence are much more cost effective.
One of the major drivers for the Global Security Software market for Small and Medium Business is increasingly strict compliance requirements. Earlier SMBs were not tightly regulated and most of the regulations were directed toward large enterprises with geographically diverse operations. However, with increasing criticality of business, the regulatory authorities are bringing the SMBs also in purview of different regulations. Coming under the scanner
of the regulatory authorities means tighter internal compliance and data loss prevention measures.
The Global Security Software market for Small and Medium Business is expected to grow at a CAGR of 13.4 percent over the period 2010â2014. One of the key factors contributing to this market growth is the growing compliance requirements. The Global Security Software market for Small and Medium Business has also been witnessing increasing demand for email and web security solutions. However, the limited IT security budget allocation compared to large enterprises could pose a challenge to the growth of this market.
Key vendors dominating this market space include Symantec Corp., McAfee Inc., Trend Micro Inc., and Kaspersky Lab ZAO.
Key questions answered
- What will the market size be in 2014 and at what rate will it grow?
- What key trends is this market subject to?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the opportunities and threats faced by each of these key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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