Gartner: Cloud-based Security Services Market Will Hit US$2.1B This Year

Nov 5, 2013 (Tue): According to Gartner, Inc., the growth in cloud-based security will remain strong and the cloud-based security services market is expected to reach US$2.1 billion in 2013 and US$3.1 billion in 2015.

Gartner also predicts that the top three most sought-after cloud services moving forward will remain email security, web security services and identity and access management (IAM). However, in 2013 and 2014, the highest growth is forecast to occur in cloud-based tokenisation and encryption, security information and event management (SIEM), vulnerability assessment and web application firewalls.

Author: Terry KS

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