SOURCE: Infonetics Research

Infonetics Research

April 05, 2011 11:41 ET

Infonetics Research: Vendors, providers jockey for position in cloud/SaaS market; total market nears $17B in 2015

CAMPBELL, CA--(Marketwire - April 5, 2011) - Market research firm Infonetics Research recently released its Managed Security Services and SaaS with Service Provider Scorecards report, which analyzes and forecasts the market for SaaS, CPE-, and cloud-based security services managed by service providers for small, medium, and large businesses, including managed firewalls, content security, intrusion detection and prevention solutions (IDS/IPS), and other security services.

ANALYST NOTE

"2010 was a good year for managed security services, which, for the most part, met our expectations for buyer uptake and provider innovations. Revenue grew 12% in 2010 and will grow 62% over the next 5 years, driven by cloud-based services and SaaS. Our 2010 forecast was 4% high, but there was no decrease in fundamental demand for managed security, just a sluggish global economy," notes Jeff Wilson, principal analyst for security at Infonetics Research.

MANAGED SECURITY SERVICES AND SAAS MARKET HIGHLIGHTS

  • Together, SaaS and cloud-based security services are expected to make up close to half of the overall managed security services market opportunity by 2015
  • Worldwide SaaS revenue is forecast to grow dramatically over the next few years, with a compound annual growth rate (CAGR) of 23% from 2010 to 2015
  • Infonetics Research forecasts the overall managed security services market, including CPE, SaaS, and cloud services, to reach just under $17 billion by 2015
  • While managed security services are popular in North America and EMEA, there is opportunity around the globe, as cloud-based services, and SaaS in particular, are location independent
    • Asia Pacific and Central and Latin America (CALA) are expected to account for a growing portion of the managed security services market in coming years

MANAGED SECURITY SERVICES AND SAAS REPORT SYNOPSIS
Infonetics' Managed Security Services report provides market size, forecasts through 2015, and analysis for managed security services by technology (managed firewalls, content security, IDS/IPS, other), service type (CPE-based, cloud-based, security-as-a-service), and organization size. Infonetics' service includes 2 service provider scorecards for the security SaaS market: for messaging security players (April 21), and for Web security players (June 23) that analyze and rank vendors based on installed base, security reputation, financial stability, market strategy, service capabilities, and support options.

The report tracks major telecom service providers (AT&T, T-Systems, China Telecom, etc.), large hosting and Internet content providers offering security services (Google, etc.), specialized security service providers (Virtela, nuspire, etc.), and security SaaS vendors (Cisco/ScanSafe, Symantec, McAfee, zScaler, Barracuda/Purewire, Trend Micro, Websense, etc.). Regions tracked include North America (with US and Canada breakouts), EMEA (Europe, Middle East, Africa), Asia Pacific, and CALA.

SALES

SECURITY RESEARCH AVAILABLE NOW

UPCOMING SECURITY SAAS SERVICE PROVIDER SCORECARDS

UPCOMING SECURITY MARKET SIZE, MARKET SHARE, AND FORECAST REPORTS

UPCOMING SECURITY SURVEYS

Infonetics Research is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize, and compete more effectively.

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