Security Software & Security Hardware Market 2007-2010

The demand for security software is growing because of increased threat perception and instances of data theft, network breach and fraud. Further, the continuous increase in the usage of internet and the sharing of secondary data storage devices has also resulted in the demand for security software.

Threat from hackers and suspicious internet traffic has resulted in the rising demand for firewall software. Secondly, spyware infections and Trojan horse attacks are common occurrences, which can result in loss of valuable data resulting in drastic affect on business.

In addition, Identity and Access Management (IAM) has become significantly important, because of regulatory compliance requirements. For example, Sarbanes-Oxley has led many banks to deploy IAM to allow better accountability and control over their financial systems. Further, organizations also deploy IAM to provide more-consistent access control to systems and applications across the enterprise.

Secondly, the increase in instances of identity theft and network breaches, growth in enterprise networks and online data transfers, and the need to be connected securely 24x7 are driving the demand for security hardware.

Further, organizations are spending on security hardware to protect their assets and employees. Factors such as geographic expansion into new markets and increase in eCommerce are also driving this spending.

Also, the security hardware market is witnessing a shift towards unified threat management security appliances and intrusion detection and prevention systems from firewall/VPN products.

This is a bundle of two technology market assessment reports: ""Security Software Market 2007-2010"" and ""Security Hardware Market 2007-2010"". Bundled reports are available at an attractive discount over the individual reports.

The report forecasts the market size of Security Software and Security Hardware markets over the period 2007-2010. Further, the total market is segmented into various geographic regions and verticals. The report also presents market size for major countries in various regions. In addition, the report identifies key selling drivers for Security Software and Security Hardware for major verticals.

This report can help IT vendors identify target geographies and verticals. Further, the sales drivers can be used to penetrate the identified vertical or increase the current share of the customer's wallet.

TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.