Infonetics Research: Managed security market up 21%; managed encrypted VPN market flat in 2007

CAMPBELL, CA -- 07/07/08 -- Communications market research firm Infonetics Research reports that the worldwide managed security services market, including CPE- and network-based managed firewalls, content security, and other security services, will nearly double between 2007 and 2011, when it will reach $13.8 billion. Infonetics' report, Security and Encrypted VPN Services, shows the managed security services market grew 21% between 2006 and 2007, with roughly half the revenue coming from managed firewalls, and the fastest growth coming from the content security segment. "The emergence of non-traditional providers like Google and enterprise acceptance of software-as-a-service has boosted the opportunity for content security services, particularly in-the-cloud services, and these services are really driving the strong growth... [read full story]