/24-7PressRelease/ - NEW DELHI, INDIA, July 21, 2006 - In 2005, IT security market worldwide, the revenue generated from the sale of VPN/firewall hardware and software increased by a mere two percent between the second quarter but leapfrogged to attain a growth rate of 15 percent with a market size of $845 Mn in the third quarter of the same year.
Based on market trends and figures, it is expected that the global IT security market annual sales in the sector will grow to $3.8 Bn by 2007. VPN and firewall appliances make up for 80 per cent of all VPN/firewall hardware revenue while software and SSL VPNs accounts for 12 percent and three percent of the overall VPN/firewall market.
The Hardware & software market for VPN/firewall shows different trends in different regions. While the VPN and firewall market in Western Europe and North America is showing signs of decline, the Asia Pacific region is emerging as a prospective revenue driver.
The market research report, "IT Security Market Worldwide (2006-2007)" by RNCOS, forecasts that in the period between 2004-2007 the revenue generated from Firewall/VPN sales in the Asia Pacific region is likely to increase from a value of US$ 435.6 Million to US$ 499.7 Million, with a CAGR of 4.2%.
Key Highlights
· The competitive market landscape in the global IT Security market.
· Analysis of the IT security market on the basis of product categories, their worldwide and region wise market share, revenue and growth prospects.
· Key drivers, opportunities in security market for growth, and threats against the industry.
· Update on the recent developments in the IT security industry.
· Snapshots of the key players in the IT security market.
This report helps to give an overview of the global IT security market that can be of interest to CIOs and other IT staff of organization, IT security Appliance and Software Manufacturers, Prospective Investors, Students and academicians.
To purchase your copy :http://www.rncos.com/Report/IM047.htm
For more information about the report please visit http://www.rncos.com
About RNCOS
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.
---
Press release service and press release distribution provided by http://www.24-7pressrelease.com# # #
- and, asia, booming, disparities, emerging, exhibiting, fatigue, for, hardware, like, market, market., others, pacific, region, regions, saturation, security, showing, signs, software, some, the, vpn/firewall, while, with, worldwide
Read more Press Releases from Shushmul Maheshwari:Other Press Release Headlines:
