Revenue from cloud-based security services to grow 83% from 2011 to 2016


Infotech Lead India: Global revenue from cloud-based security services to grow 83 percent from 2011 to 2016.

Cloud-based security services in particular are gaining momentum, fueled by North America and greenfield opportunities in developing markets in Asia and Latin America.


By 2016, spending on managed security services by medium-sized organizations will be on a par with large organizations.


Major Internet and platform companies including Google and Microsoft are integrating content security into their larger business applications offerings.


DDoS services like those provided by Prolexic and Verisign are a major and growing segment.


“As the variety of devices, platforms, and apps grows and properly securing them becomes more complex, so grows demand for managed security services, even in the midst of some lingering economic malaise,” said Jeff Wilson, principal analyst for security at Infonetics Research.




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