IT Security Market Research Reports Analysis and Trends
India has been targeted by terrorists many times in the past years which had a huge impact on the mindset of all quarters of society including government, businesses and citizens. Recent growth and development of the Indian economy and high living standards has simultaneously increased alongside crime in India.
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ICT Adoption in Healthcare Industry comprises of the implementation of various ICT solutions which facilitate efficient, enhanced & high quality healthcare operations. Some of the healthcare industry segments are hospital & infrastructure, biotechnology & pharmaceuticals, medical equipments & supply, diagnostic & pathology etc.
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The Security Equipment and Services Market which includes CCTV and other equipment has been pegged at INR 28.5 bn, electronics access control estimated to be INR 7.99 bn and private security services valued at INR 100 bn in 2009. Increasing security awareness among corporate and individuals will drive the market.
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The Global Positioning Systems (GPS) market is valued at INR 4.7 bn in 2009 and is expected to grow dynamically in the future. The increase in demand for tracking and navigation services from a wide spectrum of consumer segments is expected to drive the market.
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The protection of information assets through the use of technology, processes, and training is termed as IT Security.
Because of the increased internet usage, there are many companies who are opening their information system to their partners and suppliers, due to which it is essential to know which of the company's resources, need protection. IT security ensures that an organization's material and software resources are used only for their intended purposes. Hence, IT Security is very much necessary.
There is a rapid growth in demand for IT security solutions due the increasing deployment of IT-enabled business solutions. Businesses and corporate worldwide are migrating from their conventional operations to IT-enabled solutions to increase their productivity and keep themselves updated with the rapidly changing IT trends.
IT security goals:
There are five main goals of IT security, which include integrity, confidentiality, availability, non- repudiation, and authentication.
Industry Overview
As per the reports, the Global IT Security market is witnessing data-centric security. The complexity of security threats is increasing, due to which there is a loss of significant amounts of confidential information. Companies have started adopting security solutions that are data-centric, i.e., based on user privilege, and enabling only certain users to view or access data.
As per the reports given by TechNavio's analysts, forecast has been made that the Global IT Security Market might grow at a CAGR of 13.13 % over the period 2011-2015. The complexity of IT security threats such as advanced persistent threat i.e. APT which targets the whole setup is one of the key factors contributing to this market growth.
Some of the major IT Security industry players in India are AD Group, Arecont Vision, Honeywell, Proxim Wireless Corporation, RISCO Group, A&H Software House, Inc, Bosch Security Systems, CEM Systems Ltd, DSX Access Systems, Inc. and many more.
The key vendors that are dominating the IT security market space include Symantec Corp., McAfee Inc., Trend Micro Inc., and IBM Corp.
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