TechNavio today launched its report IT Security Software Market in China 2011“2015 based on an in-depth study focusing exclusively on China. The report aims to aid decision makers™ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio™s IT Security team said; Demand for integrated security solutions is increasing in both individual and enterprise users. Since the severity of security threats is increasing, end-users use different security solutions to protect their networks, and managing these security solutions that operate differently from each other has become a challenge. Thus, companies are opting for integrated security solutions which can address multiple security issues. Therefore, the adoption of integrated security solutions is increasing from the end-user segments.
According to the report, with the increasing regulatory requirements, the adoption of security solutions is also increasing because companies are supposed to comply with regulations and standards while collaborating with business partners, and companies can be penalized in cases of data breach. Government, Banking, Financial Services and Insurance (BFSI), Telecommunications and other sectors are the biggest adopters of security software because they are attractive targets for hackers. Therefore, companies are adopting enhanced security solutions to comply with the regulations.
Further, the report also discusses that building partnerships with local distributors of security solutions remains a challenge for the IT Security market in China.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/it-security-software-market-china-2011-2015
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TechNavio Announces the Publication of its Report “ IT Security Software Market in China 2011“2015
