SAN JOSE, Calif., 18 July 2007. A report on information security products and services is available from Global Industry Analysts Inc. "Information Security Products & Services: A Global Strategic Business Report" offers detailed analysis and coverage of the U.S., Canadian, Japanese, European, Asia-Pacific, Latin America, and Rest of World markets. The report details major trends, issues, regulatory environment, and competitive scenario.
Driven by high security threats and development of advanced security solutions, the world information security products and services market is forecast to witness significant growth and is on course to exceed $79 billion by 2010. The U.S. and Europe dominate the global market, collectively accounting for more than 71 percent of the sales. However, fastest growth is likely to emanate from the burgeoning Asia-Pacific market.
Owing to the large-scale development and deployment of advanced security products and services, the worldwide information security market has fast evolved into a high revenue generating industry.
High security threats worldwide have spurred the need to safeguard mission critical information systems. This has scaled up the demand for cutting edge security solutions worldwide. The market is distinguished by a high degree of security spending, with most organizations prepared to install innovative security systems for optimum risk management.
