[March 11, 2014]

Research and Markets: IT Security Market in Japan 2014-2018: More End-Users Adopting IT Security Services, a Trend That Is Supporting the Growth of the IT Security Market

Research and Markets (http://www.researchandmarkets.com/research/x2r49z/it_security) has announced the addition of the "IT Security Market in Japan 2014-2018" report to their offering.

The analysts forecast the IT Security market in Japan to grow at a CAGR of 5.1 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need to improve the quality of protection. The IT Security market in Japan has also been witnessing the increasing demand for cloud-based security solutions. However, the high cost of implementation could pose a challenge to the growth of this market.

Key vendors dominating this space are Check Point Software Technologies Ltd., Cisco Systems Inc., Fortinet Inc., Juniper Networks (News - Alert) Inc., McAfee Inc., Symantec Corp., and Trend Micro Inc.

Other vendors mentioned in th report are Brocade Communications Systems, Citrix Systems Inc., EMC Corp., Hitachi Ltd., Radware (News - Alert) Ltd., and Microsoft Corp.

Commenting on the report, an analyst from the team said: One of the major trends witnessed in the market is the growing demand for cloud-based security solutions. The demand for cloud-based security solutions is increasing in the IT Security market in Japan, primarily because of the significant advantages provided by such solutions. Companies also find it difficult to manage standalone or integrated network components because of issues such as budget constraints and the lack of resources and expertise available to address security issues. Hence, companies are increasingly opting for cloud-based IT security solutions that are cost-effective, comply with PCI (News - Alert) DSS, and offer round-the-clock monitoring of systems. Therefore, the increasing demand for cloud-based solutions is expected to contribute to the growth of the IT Security market in Japan during the forecast period.

According to the report, one of the major drivers is the need to improve the quality of protection. As the frequency of attacks is increasing, organizations are increasingly implementing IT security solutions that efficiently monitor and provide enhanced protection. The quality of protection can also be enhanced by outsourcing security responsibilities to service providers that have core expertise in this field. Hence, more end-users are adopting IT security services, a trend that is supporting the growth of the IT Security market in Japan.

For more information visit http://www.researchandmarkets.com/research/x2r49z/it_security

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

[ Back To TMCnet.com's Homepage ]