DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/27698a/global_security_an) has announced the addition of the "Global Security and Vulnerability Management Market 2011-2014" report to their offering.
TechNavio's analysts forecast the Global Security and Vulnerability Management market to grow at a CAGR of 12.2 over the period 2011-2014. One of the key factors contributing to this market growth is the changing regulatory compliance requirements. The Global Security and Vulnerability Management market has also been witnessing security solutions on multiple delivery platforms. However, the high cost of security solutions could pose a challenge to the growth of this market.
The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Security and Vulnerability Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include International Business Machines (IBM) Corp., Symantec Corp., Hewlett-Packard (HP) Co. and NetIQ.
Commenting on the report, an analyst from TechNavio's IT Security team said, Companies provide network access to partners, employees, and customers who are business enablers. Every individual accesses the corporate network of companies through a variety of computing devices such as smartphones, tablets, laptops, etc. As a result, companies need a complex and sophisticated security system. With growing demand, there is also a growing need for affordable security solutions.
According to the report, vendors are offering security solutions on multiple delivery platforms such as software, hardware SaaS and virtualized software. SaaS adoption is increasing in application testing and SIEM, and in the future it is expected to get used in the policy and compliance market. Hardware products are used for storing vast amounts of log data and are getting used in submarkets such as the SIEM, Forensics, and Incident Investigation. Virtualization is also growing at a fast rate because its features, such as virtual machines, can be offline and can be activated for a short period.
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