(Free Press Release) TechNavio, a market research leader in the area of IT Security, recently published its Global Security Software as a Service Market 2010 2014 report.
January 26, 2011 -- The report aids decision makersâ€˜ understanding of the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio's IT Security team said, "Witnessing the high demand for security SaaS, all major vendors are introducing security SaaS offerings. Vendors such as McAfee and Symantec, which are leading players in the traditional Security Software market, are coming up with security SaaS offerings that are targeted toward SMBs. These large vendors are providing a variety of security SaaS offerings from complete protection to specific solutions such as endpoint, email, vulnerability management, and web protection solutions."
According to the report, one of the major driving factors for all IT Security markets is the growing compliance requirements. Although some of the sectors such as financial services, healthcare, and online retail are the most strictly regulated, companies from other sectors also have to comply with multiple regulations. Data breach or insider theft may lead to reputational as well as financial loss. Hence, to protect their infrastructure as well as to protect the clients' interest, the companies are adopting security solutions.
Key findings from the report:
* Increasing Focus on Ease-of-usage and Maintenance
* Integration Issues may Limit Adoption in Large Enterprises
* Increasing Adoption among SMBs
The study was carried out using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit www.technavio.com.
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