Network Security Market in Latin America to Grow at a CAGR of 11.5% by 2018


Dallas, TX -- (SBWIRE) -- 10/21/2014 -- Network security comprises products and services used to monitor, detect, and prevent unauthorized access, misuse, or malfunction, or to disable/destroy a computer network. It aims to provide and maintain a secure platform, which will help users in the network perform critical tasks. Network security has been gaining prominence over the years, especially since the number of hackers has grown. This has increased the number of sophisticated and complex threats that cannot be addressed by traditional defense mechanisms. Organizations, both large and small, therefore have begun to invest in network security to proactively manage risks beyond their capability. These systems can also increase workforce productivity and reduce costs and, thereby, offer organizations significant competitive advantages.

Analysts forecast the Network Security market in Latin America to grow at a CAGR of 11.5 percent over the period 2013-2018.

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Covered in this Report:

This report covers the present scenario and the growth prospects of the Network Security market in Latin America for the period 2014-2018. To calculate the market size, the report considers revenue generated from sales of the following solutions in Latin America:
UTM solutions

-Integrated Firewall/VPN solutions
-Content gateway security solutions
-IDP solutions

Network Security Market in Latin America 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Latin America; it also covers the Network Security market landscape in Latin America 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 Regions:

-Latin America

Key Vendors:

-Check Point Software Technologies
-Cisco Systems
-Juniper Networks
-Palo Alto Networks

Other Prominent Vendors:

-Cyberoam Technologies
-Kerio Technologies
-Lucent Technologies
-Nortel Networks
-Verizon Enterprise Solutions

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Market Driver:

-Increase in Demand for Integrated Security Solutions

Market Challenge:

-Complexities in Security Management

Market Trend:

-Rapid Adoption of Public and Private Cloud

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Key Questions Answered in this Report:

-What will the market size be in 2018 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?