Infonetics: Strong Growth Ahead for Cloud Security Services

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News Desk 2018
Infonetics: Strong Growth Ahead for Cloud Security Services as Operators Leverage SDN and NFV

CAMPBELL, CA --(Marketwired - April 30, 2015) - Technology market research firm Infonetics Research , now part of IHS Inc. ( NYSE : IHS ), today reported that the cloud security services market grew 13.5 percent in 2014 to $7.2 billion worldwide, up from $6.3 billion the previous year.

"Our long-term outlook for the already very large cloud and CPE managed security services market, especially for cloud services, is quite strong as providers begin to leverage their software-defined networking (SDN) and network functions virtualization (NFV) rollouts to really scale the delivery of managed security services," said Jeff Wilson , research director for cybersecurity technology at Infonetics Research , now part of IHS .

"Providers are leaning heavily on SDN and the promise of NFV, and this will help them deliver a wide range of new security services that leverage virtual appliances for protecting applications, data and infrastructure in their own clouds, and delivering new services to customers," Wilson said. 

Infonetics' 2015 Cloud and CPE Managed Security Services report analyzes and forecasts the market for cloud- and customer premises equipment (CPE)-based security services delivered by service providers to small, medium and large businesses.

MORE MANAGED SECURITY MARKET HIGHLIGHTS

Managed security service revenue totaled $15.8 billion worldwide in 2014, rising 10 percent from 2013.

Cloud-based offerings made up 46 percent of security service revenue in 2014, with CPE-based services contributing 54 percent.

By 2018, Infonetics/IHS expects cloud security services to surpass CPE-based security services.

The largest contributor to cloud-based security service revenue is content security, followed by managed firewall services, other security services, distributed denial of service (DDoS) mitigation and intrusion detection/prevention systems.

MANAGED SECURITY REPORT SYNOPSIS Infonetics' annual cloud and CPE security report provides market size, forecasts through 2019, analysis and trends for cloud and CPE managed security services by organization size and technology: managed firewalls, content security, intrusion prevention systems (IPS), intrusion detection systems (IDS), DDoS mitigation and other services. To purchase the report , contact www.infonetics.com/contact.asp .

RELATED RESEARCH

Mobile Security Client Market Chalks Up Another Year of Double-Digit Growth: http://www.infonetics.com/pr/2015/Mobile-Devi...lights.asp

Virtualization Driving Enterprise Data Center Security Market, Budgets Growing 57%: http://www.infonetics.com/pr/2015/Enterprise-...lights.asp

Survey Unveils Businesses' Plans for Mobile Security, Internet of Things, Wearables: http://www.infonetics.com/pr/2015/Mobile-IoT-...lights.asp

Network Security Market Lifted by Cloud and Data Center Projects; Shift Coming: http://www.infonetics.com/pr/2015/4Q14-Networ...lights.asp

SaaS and Virtual Appliances Buoy Flagging Content Security Gateway Market: http://www.infonetics.com/pr/2015/4Q14-Conten...lights.asp

RECENT AND UPCOMING RESEARCH

Download Infonetics' 2015 service brochure at http://www.infonetics.com/downloads/2015-Info...ochure.pdf or log in: www.infonetics.com/login .

 -  Cloud and CPE Managed Security Services Forecast (Mar.)  -  Mobile Device Security Client Software Forecast (Apr.)  -  Network and Content Security Vendor Scorecard (May)  -  Content Security Gateway Appliances, Software, and SaaS Forecast (May)  -  Network Security Appliances and Software Forecast (May)  -  DDoS Prevention Appliances Forecast (June)  -  Mobile Infrastructure Security Forecast (June)  -  DDoS Mitigation Strategies and Vendor Leadership Survey (June)

INFONETICS WEBINARS ( https://www.infonetics.com/infonetics-events )  - Bare Metal Switching: Is it for Everyone? (Apr. 30: Register )  - Next-Gen DDoS Mitigation: Leveraging Hybrid and Cloud Solutions ( Watch now )  - Putting a Stop to Hidden Threats in SSL Traffic ( Watch now )  - Practical Strategies for Fighting Advanced Malware and Threats ( Watch now )  - Security Primer for SDN and NFV ( Sponsor )  - Securing the Internet of Things ( Sponsor )

TO PURCHASE RESEARCH, PLEASE CONTACT:

North America (West), Asia Pacific: Larry Howard Larry.Howard@ihs.com +1 408-583-3335

North America (East, Midwest), Latin America, EMEA: Scott Coyne Scott.Coyne@ihs.com +1 408-583-3395

Greater China, Southeast Asia, India: 大中华区 Jeffrey Song Jeffrey.Song@ihs.com +86 21-3919-8505

Japan 日本 Takashi Kimura, TAK Analytics takashi.kimura@takanalytics.com +81 3-6408-5566

About IHS ( www.ihs.com ) IHS ( NYSE : IHS ) is the leading source of insight, analytics and expertise in critical areas that shape today's business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.

IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. © 2015 IHS Inc. All rights reserved.

About Infonetics Research ( www.infonetics.com ) Infonetics Research, now part of IHS ( NYSE : IHS ), is an international market  research  and  consulting  firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients  plan, strategize and compete  more effectively. Follow Infonetics on Twitter for the latest headlines:  http://twitter.com/infonetics .

Image Available: http://www.marketwire.com/library/MwGo/2015/4...737510.jpg

News Media Contact: Jeff Wilson Research Director, Cybersecurity Technology Infonetics Research / IHS +1-408-583-3337 Email contact Twitter: @securityjeff

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