Managed security service over cloud is an emerging trend among the IT companies. Instead of buying expensive hardware and software to ensure security of their network, companies have started opting to outsource the security services and concentrate on their core businesses. The rising use of cloud based service is ultimately increasing the use of managed services in the industry. The trend of managed services from IT companies is shifting towards other industries such as BFSI, Government institutions and many others. The top reasons to use managed services are to improve security with minimum cost and lower the risks. Due to overall reduction in total cost of ownership, adoption of efficient and genuine security solutions should increase. Eventually, it would contribute to growth of Internet security market.
The report highlights the adoption of Internet Security market in LAMEA (Latin America, Middle East and Africa). Based on the Product & Services, the Internet Security Market is segmented into Hardware, Software and Services segment. Based on the Technologies, the market is bifurcated into Authentication, Access Control Technology, Content Filtering and Cryptography segments. According to the Application, the Internet Security Market is segmented into BFSI, Retail, IT & Telecommunications, Government, Manufacturing, Education, Aerospace & Defense and Others segments.
The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Key players profiled in the report include IBM Corporation, Google Inc., HP Enterprise, Cisco Systems, Intel Corporation, Microsoft, Dell and Symantec Corporation.
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