- The global Internet security market is estimated to be about $27.7 billion in 2005 and is expected to rise at an average annual growth rate (AAGR) of 16.0%, reaching $58 billion by 2010.The high growth rate is attributed to a higher demand for strong security solutions in market verticals such as government installations, financial services, and healthcare.Firewall and content management currently account for a majority share of the market. However, the increasing need to counter “zero-day” attacks along with the increasing popularity of “defense-in-depth” strategy will bring unified threat management solutions to the forefront.Currently, the U.S. and Europe account for a major portion of the Internet Security market. However, the market for Internet Security is expected to grow significantly in the Asia Pacific regions, especially China and India. Increased e-commerce in these region and a simultaneously growing security consciousness will drive the market in these areas.
Report ID:SAS012A, Published: January 2006, Analyst: Evalueserve
