Cloud and CPE managed security services up 12% to $11.7 billion

Telecom Lead Asia: Global cloud and CPE managed security
service revenue grew 12 percent in 2011, to $11.7 billion.

Infonetics Research forecasts the cloud and CPE managed
security services market to grow to just under $18 billion by 2016.

North America is expected to remain the largest market
for managed security solutions for the foreseeable future.

The managed security market is driven in large part by 3
major factors:

Currently installed solutions are not enough; many companies
lack the manpower or expertise to roll out new technology; many enterprises are
in the midst of an IT infrastructure transformation, moving users,
applications, and data into the cloud, and seeking security solutions that will
follow them.

The fact that many new attacks are developed for the web
applications means that any device that has a web browser and some form of
Internet access is a target,” said Jeff Wilson, principal analyst for security
at Infonetics Research.

Companies have to worry about desktops, laptops, servers,
smartphones, tablets, kiosks, iPods, set-top boxes, and any other device that
can connect to the Internet. The highly distributed nature of
Internet-connected devices and the diversity of those devices drives many
companies to look at managed services (cloud-based services in particular) to
provide consistent protection regardless of device type, location, operating
system, or browser.

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