Frost & Sullivan forecasts 17.9% CAGR from 2010-2017

Future trends indicate that this market is likely to witness an exponential compound annual growth rate of 17.9 per cent between 2010 and 2017. The growing adoption of e-mail security solutions and Web-based technologies is positively influencing business processes and enabling enterprises to effectively tackle rising cyber threats.

APAC enterprises have more mature mindsets towards information innovation security due to the greater awareness about the consequences of cyber attacks. These adverse effects are becoming more pronounced with business being increasingly conducted online. As a result, enterprises are forced to commit more resources to SCM technologies to counter the dynamic threats, which are constantly testing the resilience of their network defences, be it in the form of spam or malware.

"Both the e-mail and Web gateways are likely to play important roles in facilitating business processes, as IT becomes more integrated into the business DNA of enterprises," notes Frost & SullivanIndustry Analyst Cathy Huang. "This ensures that the integrity of Web and e-mail channels will be critical in enabling them to achieve their objective."

"The growing market spotlight on IT security issues has as well encouraged vendors to look at new and refreshing ways of solving security issues faced by enterprises in today's environment," notes Huang. "With cloud and mobile computing trends in the enterprise space on the anvil, the Web security market will witness greater competition, in doing so resulting in vendors providing customised solutions."