This IDC study examines the worldwide IT security products market for the period from 2011 to 2016, with vendor revenue trends and market growth forecasts. Worldwide market sizing is provided for 2011, and a growth forecast for this market is shown for 2012–2016. A vendor competitive analysis, with vendor revenue and the market shares of the leading vendors, is provided for 2011.
"Security products did well in 2011, with growth of 7.6%, although this was a little less than what was expected. The world economic continues to have difficulty getting into a strong growth position. However, this doesn't mean security spending does not continue. A more difficult threat environment and changing technology landscape brought on by consumerization, mobility, and cloud computing require continued investment in security. For the forecast period, we expect security product revenue to grow at a CAGR of 7.6%," said Charles Kolodgy, research vice president for Security Products.
List of Attachments | IDC Opinion | In This Study | Situation Overview | Future Outlook | Essential Guidance | Learn More