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Analysis of Asia-Pacific Network Security Market Q3 2012
Date:11/18/2013

London (PRWEB) November 18, 2013

Sophisticated Threats, the Advent of Cloud Computing, and the Bring Your Own Device Trend Stimulated Security Spending

The overall Asia-Pacific network security market maintained its growth momentum in Q3 2012. Growing concerns surrounding the sophisticated threat landscape, especially with the advent of cloud computing and the bring your own device trend, helped to stimulate security spending. The greater integration between technology and business processes also heightened the need for enterprises to provide adequate protection for their setup, especially with more processes being migrated over to the Internet. As a result of cloud computing and bring your own device, the growing importance of security drove spending in the network security market in Q3 2012.

Executive Summary

•The Asia-Pacific (APAC) network security market maintained its growth momentum in Q3 2012, recording a quarter-over-quarter (QOQ) growth of X% and a year-over-year (YOY) growth of X%. Growing concerns surrounding the sophisticated threat landscape, especially with the advent of cloud computing and the bring your own device (BYOD) trend, stimulated security spending.
•Greater integration between technology and business processes heightened the need for enterprises to provide adequate protection for their setup, especially as more processes are migrated to the Internet. The growing importance of security as a result of cloud computing and BYOD also drove spending in the network security market.
•The negativity surrounding the US and Europe economies also caused many global enterprises to turn their attention towards Asia to expand their footprint, leading to more investments in both the IT and network security infrastructure.
•The global macro-economic uncertainties remained a key restraint, with some enterprises preferring to take a more prudent approach towards spending and oth
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