Research and Markets: The APAC Network Security Market Is Expected To Grow At A CAGR Of 9.3 Percent over the 2010-2014 Period

DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/8b7a33/network_security_m) has announced the addition of the "Network Security Market in the Asia Pacific Region 2010-2014" report to their offering.

“Network Security Market in the Asia Pacific Region 2010-2014”

One of the key factors contributing to this market growth is increasing frequency of attacks. The APAC Network Security market has also been witnessing SaaS-based security solutions. However, increasing threat of complex network and IT infrastructure remains a challenge to the growth of this market.

Key vendors dominating this market space include Cisco Systems Inc., Juniper Networks Inc., Check Point Software Technologies Inc., and Fortinet Inc.

The report focuses on China, Japan, Malaysia, India, Australia and other APAC regions. Further, the report also covers the major vendors which are operating in the APAC Network Security market.

Commenting on the report, an analyst from TechNavio's IT Security team said, The high adoption of virtualization, cloud services, and mobile devices in enterprise space is leading to the emergence of new network security solutions. Each of these technologies is transforming business and results to fundamental shift on how the security is developed and deployed.

TechNavio's report highlights that regulatory compliances are key drivers for the Network Security market in the APAC region. Enterprises need to follow standard regulations, compliance, and best practice to prevent information outflow. End-users such as financial services, ITeS, government departments, and retail are a few that have to follow strong compliance regulations to avoid information outflow and unauthorized access.

Key findings from the report:

• Increase in Complex Network and IT Infrastructure
• Limited IT Security Budget Allocation
• Increasing Penetration of Managed Security Service Providers

The contents of this report are based on research conducted on an objective combination of primary and secondary scores, 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.

For more information visit http://www.researchandmarkets.com/research/8b7a33/network_security_m