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IT Security Market in China 2015 Reviews, Research, Trends and Forecast to 2019

IT Security market in China to grow at a CAGR of 11.39 percent over the period 2014-2019.

 

Deerfield Beach, FL -- (SBWIRE) -- 07/23/2015 -- IT Security Market in China 2015-2019

About IT Security

IT security protects system data and information over a network. It prevents unauthorized access of data and also prevents its modification. IT security deals with the measures taken to detect, monitor, report, and counter data threats. It includes security hardware, software, and services that focuses on security of important parameters, which includes email security, data protection, compliance, web security, data loss prevention, architecture, governance, security information and event management, and identity and access. IT security has been gaining prominence over the years with an increase in data hacking activities, which cannot be addressed by traditional defense mechanisms.

IT Security market in China to grow at a CAGR of 11.39 percent over the period 2014-2019.

The adoption of IT security products among enterprises in China is high, and the introduction of cloud-based security solutions is expected to drive the market to adopt these cost-effective solutions. Also, the augmented usage of mobile devices for personal and professional purposes is contributing to the market growth.

"Network security solutions ensure improved operational efficiency besides fulfilling the security requirements of an organization,".

"Network security helps organizations streamline their business processes, ensuring that they have a competitive edge in the market. It also helps small and medium enterprises safeguard their sensitive information against cyber-attacks."

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Covered in this Report

The report covers the present scenario and growth prospects of the IT Security market in China for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the following product segments of the IT Security market in China:

Hardware: Integrated Firewall/VPN, UTM, Content Management, IPS, IDS, and VPN
Services
Software

The major end-users listed in the market are described below:

SMEs: This segment includes organizations that have less than 10,000 employees and generate revenue of less than US$100 million

Large Enterprises: This segment includes organizations that have more than 10,000 employees and generate revenue of more than US$100 million

Government Organizations: This segment includes all government agencies and institutions that are funded and managed by government authorities

IT Security Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Market Drivers:
High Dependence on Internet
Increase in Advanced Threats
Need for Operational Efficiency
Need to Comply with Regulations

Key Market Trends:
Rise in Demand for Cloud-based Security Solutions
Increased Adoption by SMEs
Increase in M&A
Increase in Mobile Workforce

Key Market Vendors:
CA Technologies Inc.
Check Point Software Technologies Ltd.
Cisco Systems Inc.
Emc² Corp.
IBM Corp.
Juniper Networks Inc.
Symantec Corp.

To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.