Three Hotspots Accelerate the Development of China's IT Security Market, According to IDC
31 Aug 2012
BEIJING, August 31, 2012 – International Data Corporation (IDC) recently published a report, China IT Security Software, Appliance and Services 2012-2016 - The Big Picture, which analyzes China's IT security hardware market developments in the second half of 2011 and forecasts its market trends over the next five years.
The report points out that China's IT security market revenues grew by 18.1% year-over-year to US$1.47 billion in 2011. Security hardware revenues were US$727 million, accounting for 49.5% of the overall security market, followed by security services and security software with 26.9% and 23.6% shares, respectively. IDC predicts that China's IT security market will increase 13.4% year-over-year to US$1.67 billion in 2012, with a compound annual growth rate (CAGR) of 12.8% for the 2011—2016 forecast period.
Pei Wang, research manager, Enterprise System and Software Research, IDC China, noted that the following hotspots in China's IT security market are worthy of attention:
1. Cloud security solutions have started to take shape
With the development of cloud computing and virtualization, cloud security has gradually turned from conceptual packaging in previous years to practical application. In November 2011, Cloud Security Alliance released its version 3.0 cloud security guide. Given that no international cloud security standard has been widely accepted and generally followed by industry, this guide can help to make users aware of the problems they need to face in the areas of technology and management. In addition, security vendors have gradually developed products with properties of secure application and intelligent security, promoting the development of users' security requirements in the cloud computing environment.
2. Mobile security is gradually heating up
In the past two years, mobile platforms such as iOS, Android, and Windows Phone have developed rapidly along with interest in the mobile Internet. This has resulted in increasingly prominent security problems as enterprise employees connect their mobile devices to enterprise networks for their daily work. Organizations urgently need to develop security policies concerning BYOD (Bring Your Own Device) for the confidentiality and integrity of enterprise networks. Domestic and foreign security vendors have responded with enterprise-class mobile solutions, and the enterprise-class mobile security market is heating up.
3. Data loss prevention (DLP) has attracted much more attention
2011 saw numerous data leakage incidents at home and abroad with sensitive data and information the key targets of network economic crimes. The development of social networks and the mobile Internet have given birth to a variety of new services and applications, whose popularity will also make enterprises vulnerable to the risk of leaking a large amount of data. The risk of data leakage mainly comes from three perspectives: data storage, data transmission, and data use. More security vendors are expected to launch complete DLP solutions, and the DLP market will gradually heat up.
For more information about IDC, please visit www.idc.com.cn. To purchase this report, please contact IDC China Sales Department at +86-10-58891666 or send email to email@example.com.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. For more than 48 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.
For more information, contact: