Enterprise IT Security Market - Technology Trends and Global Forecast Until 2019

Report Scope of the Enterprise IT Security Market:              

Presenting the current market scenario and growth prospects of the Global Enterprise IT Security Market for the period 2015-2019. Analysts have calculated the size of the Enterprise IT Security Market considering the following:

Revenue generated from the sales of enterprise IT security components such as enterprise network security, enterprise endpoint security, enterprise content security, and enterprise cyber security
Consolidated revenues generated from the key regions: Americas, EMEA, and APAC

This report includes a discussion on the  vendor landscape and a corresponding detailed analysis of the major five vendors in the market. The report estimates the Enterprise IT Security Market to grow steadily at a rate of around 8% during the forecast period.

Market Opportunity of Enterprise IT Security:

Advanced workflow in enterprises requires uninterrupted connectivity between enterprise networks and employee devices. Owing to a growing demand for employee mobility, enterprises are adopting mobile friendly policies to ease the use of laptops, cell phones, and other handheld devices at the workplace. Thus, issues concerning storage and accessibility of business critical data mandate the implementation of enterprise IT security. Companies are increasingly adopting enterprise IT security solutions to secure their networks from threats while providing secure access to confidential information.

The market is witnessing a greater demand for SaaS-based security solutions. The ongoing trend will continue to impact the market positively during the forecast period. End users, both large enterprises and SMEs, prefer these security solutions because they are cost-effective and manageable. As technologies advance and converge, the range of solutions will continue to expand and appeal to enterprises that are vulnerable to attacks.

Key Events on Data Breaches and Attacks:

Target (US retail store): hackers stole 70 million customer's credit and debit card information

Neiman Marcus (US retail store): Credit card information of customers was stolen and some of the credit cards used for fraudulent purposes

Michaels (US retail store): hackers attempted to gain access to payment card information for nearly 94,000 shoppers               

Yahoo Mail (US Communications): Some of its customers email accounts were targeted by hackers to obtain customer usernames and passwords that left many users without email access for days

eBay (US online retail): Hackers accessed personal data of all 145 million users and obtained credentials of three corporate employees

Snapsave (Communications): It is an iOS app, an instant photo-sharing app. The photos of 200,000 users hacked from Snapsave

An increase in data theft and forgeries has affected many industries, leading to the increased demand for enterprise IT security solutions. Major threats to enterprise data involve the following:

• Trojan
• Virus
• Worms
• Adware
• Keylogger
• Backdoor
• Exploit
• Dropper
• Phishing
• Cookies
• Bluesnarfing
• Boot Sector Virus
• Mousetrapping
• Browser Hijackers
• Obfuscated Spam
• Crimeware

Vendor Landscape of the Enterprise IT Security Market:

The market is replete with intense competition, rapid advances in technology, and frequent changes in end-user preferences.

The market has many local players and large multinational vendors. Large vendors are acquiring small vendors to expand their product portfolio and to boost their market share. Therefore, to survive in this intensely competitive environment, it has become imperative for vendors to distinguish their products and service offerings through clear and unique value propositions.

Top companies in the Enterprise IT Security Market include-

• Cisco
• Kaspersky
• McAfee
• Symantec
• Trend Micro

Other prominent vendors in the market include Avast, AVG , Citrix , CheckPoint, Dell , Emc², Fortinet, F-Secure, HP, IBM, Juniper, Microsoft, Palo Alto Networks, Panda Security and Sophos

Key Takeaway From the Report on Enterprise IT Security:

• Understand the Emerging IT Security
• Impact of Cyber Threats on BYOD adoption in Enterprises
• Understand the Key Components of the Enterprise IT Security Market
• Market Share and Analysis of Enterprise IT Security by Security Components
• Key Drivers and their Impact on the Enterprise IT Security Market
• Key Challenges and their Impact on the Enterprise IT Security Market
• Key Trends and their Impact on the Enterprise IT Security Market
• Five Forces Analysis of the Enterprise IT Security Market
• SWOT Analysis of Key Vendors of the Enterprise IT Security Market

Technavio also offers customization on reports based upon the specific client requirement.

Other Related Reports:

• Global Enterprise Cyber Security Market 2015-2019
• IT Security Market in China 2015-2019
• Global Mobile Enterprise Security Software Market 2014-2018