In a report released today, Infonetics Research forecasts that the content security market will exceed $1 billion in North America for the first time in 2009, and $3.2 billion worldwide in 2013. The 2Q09 edition of Infonetics’ “Content Security Appliances and Software Report” attributes content security market growth to the renewed interest in software due to virtualization, cloud computing, and SaaS, combined with astronomical growth in security threats. The report also includes these highlights:
- Worldwide content security gateway revenue grew 1.5% 1Q09 to 2Q09, hitting $544 million.
- McAfee increased its lead in worldwide revenue share in the overall content security gateway market in 2Q09.
- Most content security vendors reported very positive expectations for 3Q09 based on billings so far.
- Service providers continue to upgrade their networks and build out data centers and mobile backhaul networks to support massive growth in wired and wireless traffic, and are now catching up with the security deployments needed to support them.
“The availability of commercial hacking tools, rental botnets, and the overall transformation of hacking from hobby to business has caused an explosion in security threats everywhere. Spam is at an all time high and hackers are leveraging new social media platforms to launch attacks. Facebook and Twitter have had some security challenges recently, and researchers have even discovered a Twitter-based botnet. Many companies react to these threats and to problems in their networks by investing in content security on an ‘as needed’ basis. This reactive buying and lack of planning makes it impossible to stop spending on content security in many cases, which in turn keeps the content security market going,” explains Jeff Wilson, principal analyst for network security at Infonetics Research.
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