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Research and Markets: Internet-Based Apps to Drive Global Internet Security Market Through 2020

Research and Markets: Internet-Based Apps to Drive Global Internet Security Market Through 2020 - top government contractors - best government contracting event
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Internet connectionResearch and Markets has released a new prediction that the global Internet security market will achieve an 8.1-percent compound annual growth rate through 2020 to reach a market value of $42.8 billion.

The company said Friday this growth is due to an increase in adoption of Internet-based applications in sectors such as financial services and an increase in security threats.

In its report, the firm says the market will also face a shift from software security solutions toward cloud-based systems and lead to growth of managed services.

The report listed the following key players:

  • Cisco
  • Dell’s SonicWall business
  • Google
  • HP
  • IBM
  • Intel’s McAfee subsidiary
  • Kaspersky Lab
  • Microsoft
  • Symantec
  • Trend Micro
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Written by Anna Forrester

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