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Managed Security Services Top $13 Billion In 2012; Strong Growth Ahead For Cloud Security

Global cloud and CPE managed security service market grew another 12% in 2012
Campbell, CALIFORNIA, April 5, 2013-Market research firm Infonetics Research released excerpts from its latest Cloud and CPE Managed Security Services report, which analyzes and forecasts the market for cloud- and customer premises equipment (CPE)-based security services delivered by service providers to small, medium, and large businesses.

ANALYST NOTE

"Buyers are moving to managed security services to deal with increased attack volume and complexity, manage security product sprawl, deliver consistent security for a distributed workforce and device population, and provide security for cloud infrastructure," notes Jeff Wilson, principal analyst for security at Infonetics Research.

Wilson adds, "Manufacturers and service providers are developing more mature offerings to build out and deliver managed security to customers, and the net result is the market continues to enjoy healthy overall growth, with particularly strong growth for cloud-based services."

CLOUD AND CPE MANAGED SECURITY MARKET HIGHLIGHTS

. Equaling its 2011 performance, the global cloud and CPE managed security service market grew another 12% in 2012, to $13 billion

. While the majority of security service revenue in 2012 came from CPE-based services, by 2017 CPE revenue is expected to dip to 50% of total revenue

. Infonetics forecasts sales of cloud-based security services to grow 69% over the next 5 years

. "Other security services," of which hosted DDoS services are a major and growing contributor, are anticipated to comprise over 20% of cloud-based security service revenue by 2017

BYOD SECURITY WEBINAR

Join Infonetics analyst Jeff Wilson and GENBAND May 14 for a free live webinar, Securing and Managing Mobile Devices in a BYOD World. Learn more or register:

http://w.on24.com/r.htm?e=605407&s=1&k=E8282C5B51D5FA6E1237B2CA1DD49A13

CLIENT CONFERENCE CALL

Clients: Managed security market recap/outlook: http://www.infonetics.com/cgp/login.asp?id=745.

REPORT SYNOPSIS

Infonetics' biannual cloud and CPE report provides market size, forecasts through 2017, trends, and analysis for cloud- and CPE-based managed security services by organization size and technology: managed firewalls, content security, IDS/IPS, and other security services. To buy the report, contact Infonetics: http://www.infonetics.com/contact.asp.

RELATED SECURITY RESEARCH

. Infonetics' April Security research brief: http://bit.ly/14EL3qR

. Enterprise data center security buyers open to upstart vendors, new Infonetics survey shows

. Content security market rebounds in the 4th quarter of 2012

. Network security market up 10% in 2012 as competition heats up

. Employee-owned "rogue" devices a top reason enterprises invest in mobile device security

. Mobile, data center verticals driving DDoS prevention market

. Wave of new spending underway in data center security market

UPCOMING MARKET SHARE/FORECAST REPORTS & SURVEYS Download Infonetics' market research brochure, publication calendar, events brochure, report highlights, tables of contents, and more at http://www.infonetics.com/login.

. Content Security Gateway Appliances, Software and SaaS - 1Q13 Edition

. Data Center Security Products

. DDoS Prevention Appliances

. High-End Firewall Strategies and Vendor Leadership: N.A. Enterprise Survey

. Mobile Device Security Client Software

. Network Security Appliances and Software - 1Q13 Edition

. SMS/MMS Security Gateways

INFONETICS WEBINARS

Visit https://www.infonetics.com/infonetics-events to learn more or register for Infonetics events.

. Securing and Managing Mobile Devices in a BYOD World (May 14: Register)

. Diameter Signaling Control: Managing Mobile Broadband Growth (Apr. 11: Register)

. Cyber Security: Using DPI and Metadata to Strengthen SIEM (View on demand)

. SMS/MMS Security Platforms for Mobile Carriers (Sponsorships available)

TO BUY REPORTS, CONTACT:

N. America (West), Asia, Latin America: Larry Howard, [email protected], +1 408-583-3335 N. America (East), Texas, Midwest: Scott Coyne, [email protected], +1 408-583-3395 Europe, Middle East, Africa: George Stojsavljevic, [email protected]infonetics.com, +44 755-488-1623 Japan, South Korea, China, Taiwan: http://www.infonetics.com/contact.asp

ABOUT INFONETICS

Infonetics Research (www.infonetics.com) is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize, and compete effectively. View Infonetics' About Us slides at http://bit.ly/QUrbrV.