Cloud-based Security Services will Surge 83 Percent by 2016

Infonetics Research released excerpts from its Cloud and CPE Managed Security Services report, which 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.

Cloud-based security services in particular are gaining momentum, fueled by North America and greenfield opportunities in developing markets in Asia and Latin America. Infonetics is forecasting global revenue from cloud-based security services to grow 83% from 2011 to 2016.

“As the variety of devices, platforms, and apps grows and properly securing them becomes more complex, so grows demand for managed security services, even in the midst of some lingering economic malaise,” notes Jeff Wilson, principal analyst for security at Infonetics Research.

Via Infonetics Research

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