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IDC predicts growth in security software market

Anuradha Shukla | Feb. 7, 2012
New security threats occur due to the increasing adoption of technology across APEJ.

IDC predicts growth in the security software market due to the increasing adoption of technology across the Asia Pacific excluding Japan (APEJ) region.

New and sophisticated security threats are becoming an everyday occurrence, according to the latest IDC Asia/Pacific Semiannual Security Software Tracker.

This increase, notes IDC, indicates that the investments on security research and software development will never decelerate.

All the security software functional markets registered a double-digit year-on-year (YoY) growth in the first half (H1) of 2011 and the security software market grew 18.5 percent over H1 2010 to US$796 million in H1 2011.

Cyber crimes and cyber threats in the IT world have become better organised and invasion could now be embedded in a botnet. Because of this, viruses and Trojans can be seeded into the linked server or station without waking up the security alarm.

"Security threats are becoming more tenacious and organised. As we rely more and more on IT technology in our daily life, IDC expects companies to continue to invest and install the latest detecting and defending tools to protect their assets," said Marco Lam, market analyst of IDC Asia/Pacific Software Research. "Thus, the overall security software market will continue to experience a decent growth despite the signs of economic slowdown."

Identity protection

The role of Identity and Access Management is set to become more crucial in the future IT environment and identity protection is becoming imperative for communication across the boundaries.

Findings from the latest IDC Asia/Pacific Semiannual Security Software Tracker indicate that Identity and Access Management (IAM) achieved the YoY growth rate of 32 percent.

Also, the Secure Content and Threat Management (SCTM), Security and Vulnerability Management (SVM), and Other Security Software reached a YoY growth rate of 16.4 percent, 14.2 percent and 21 percent respectively.

IT management will be further driven to regulate the use of applications on personal devices within corporation networks due to further increase in the loopholes in the smart phone and tablet applications arena.

"We can see vendors applying their cloud computing technology to their security infrastructure including integrating the cloud-based security functions into their products. It has become the mainstream of the secure content and threat management," said Lam.

"Traditional client-based virus library security scanning has become a heavy burden in terms of IT resources consumption, not to mention that it is incapable of handling the latest virus or threat evolution, like zero day malware. As resource sharing and optimisation are the major objectives under the highway of universal virtualisation, the adoption rate of cloud-based security infrastructure, which can offer a light-weighted instantly-updated global virus library, will continue to grow and extend into all the security functional markets."

 

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