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November 04, 2013

Cloud-based Security Market to Top $9B by 2017

Security is vitally important to any business these days, but staying on top of ever-changing threats of increasing complexity is difficult, especially in this sensitive economic climate. Because of this, businesses continue to outsource security needs, opting to sign up with a managed service provider.

According to a study recently released by Infonetics Research, the managed security market is expected to grow by 45 percent over the next five years. Infonetics attributes that growth to an increase in the volume, variety and complexity of threats coupled with the rise of the Bring Your Own Device (BYOD) movement and increasing prevalence of remote workers.

More and more businesses are migrating to the cloud for IT infrastructure needs, and the aforementioned study predicts that this trend will transfer to the security realm as well, with businesses deciding to outsource security needs to a managed service provider. Infonetics projects the market for cloud-based security will increase with a compound annual growth rate of 10.8 percent from 2012 and 2017, ballooning to $9.2 billion.

The reason decision makers are increasingly choosing to partner with a managed service provider when it comes to IT security is simple: Maintaining the integrity of business computers is critical for success, and managed service providers offer best-in-class security services at affordable rates. While an in-house team is likely to be more costly and lack expertise simply because they don’t encounter problems on a regular basis, managed service providers are experts in all avenues of security, working full-time on security-related issues.

Located in Norwalk, Apex Technology Services offers affordable managed services and can provide your business with strong security, freeing you to focus on mission-critical projects while you can rest comfortably knowing your systems are secure. To learn more about the company, click here.

Edited by Justin Reynolds

Apex Technology Services
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