Cloud Security Software Market Witnessing Emergence of Server-specific Solutions19 Oct 2011 • by Natalie Aster
A recently published report “Global Cloud Security Software Market 2010–2014” by Infiniti Research reveals that the Global Cloud Security Software market is expected to grow at a CAGR of 41.4 percent over the period 2010–2014. The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is being driven by the increased use of cloud services in non-traditional areas.
According to Technavio’s industry analyst, “Cloud-based services are witnessing growing use in non-traditional areas such as Online Gaming, Online Music Stores, and Social Networking, because of their advantages such as unlimited storage, ease-of-usage, and easy sharing. These non-traditional areas are witnessing a very high growth, sometimes year-on-year growth of over 50 percent. The growing use of these websites coupled with the growing identity theft cases is driving many companies to adopt cloud security software solutions.”
Published: September 2011
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The report also highlights that network connection issues are hindering the growth of this market. However, the increase in employee mobility is expected to drive demand for these solutions. This market is also marked by the emergence of server-specific solutions. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.
Companies mentioned in the report include Trend Micro Inc., McAfee Inc., CA Technologies, and Symplified Inc.
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