Blistering Growth Projections for APEJ IT Security Market

Noida, India (PressExposure) November 23, 2009 -- With the growing usage of IT-enabled solutions, Internet and e-commerce activities worldwide, the demand for IT security solutions has been growing at the fastest rates. Today, more and more businesses are incorporating IT-enabled solutions into their operations, largely to cut on cost amid recession. Markets in the US and EU have witnessed tremendous growth in demand for IT security solutions, but the future growth is anticipated to be driven by the Asia-Pacific region excluding Japan (APEJ), says our latest market research report “Global IT Security Market Forecast to 2013”.

We have done extensive research and in-depth analysis on the APEJ IT security market to identify various factors critical to the success of this market. The report also highlights the recent trends and developments in the region’s IT security market and predicts that the market will expand at a CAGR of over 22% during 2009-2013. Factors that are expected to continue spurring the growth over the forecast period have been extensively discussed in the report.

In order to better understand the regional market trends and future market potential, we have done thorough analysis of the IT security market on the country level, identifying the countries that are attracting significant investments. The report finds that the countries such as Thailand and China will witness the fastest growth in their IT security market over the forecast period, even surpassing the overall growth rate of the region’s market.

”Global IT Security Market Forecast to 2013” provides in-depth analysis and extensive research on the IT Security market worldwide. The report studies the IT security market by segmenting it into security appliances, security software and security services. All these segments have been further evaluated and analyzed to provide better understanding of the market. The research also studies various ongoing and emerging trends of the global IT security market, thus helping the IT security vendors to identify future growth prospects in the concerned market.

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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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Press Release Submitted On: November 23, 2009 at 3:25 am
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