Research and Markets: The Global Network Security Market to Reach US$ 9.9 Billion By 2014

November 17, 2011

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DUBLIN--(BUSINESS WIRE)-- Research and Markets(http://www.researchandmarkets.com/research/b09833/global_network_sec) has announced the addition of the "Global Network Security Market 2010-2014" report to their offering.

One of the key factors contributing to this market growth is the growing virtualization of servers, which is leading to the adoption of new network security solutions. The Global Network Security market has also been witnessing increasing use of network security solutions among small and medium-sized businesses. However, the industry faces implementation challenges due to the growing complexity of IT infrastructure which could pose a challenge to the growth of this market. TechNavio's report, Global Network Security Market 2010-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions. It analyzes the current Global Network Security market landscape and its growth prospects. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market include Cisco Systems Inc., Check Point Software Technologies Ltd., Juniper Networks Inc., and Fortinet Inc.

Commenting on the report, an analyst from TechNavio's IT Security team said, "One of the most interesting trends in the Global Network Security market is the increasing offerings of converged security solutions from network security vendors. The growing complexity of the network infrastructure is witnessing threats that are more severe than before. Hence, companies are adopting different network security solutions such as firewalls, IPS, and vulnerability scanners.

According to the report, the increasing dependence on websites and web applications has caused an unprecedented rise in cyber-attacks, which are also becoming increasingly complex. For instance, there is an increase in advanced persistent threats (APTs). Unlike traditional threats, APTs have the ability to bring down the whole infrastructure of the attacked destination. The report also discusses the growing complexity of IT infrastructure.

The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

For more information visit http://www.researchandmarkets.com/research/b09833/global_network_sec