Global demand for outsourced security services is "strong and growing fast", fuelled by increasing fear of viruses, malware, spyware and hacking, combined with the complexity of rolling out security systems in house.
According to the latest market size and forecast report from Infonetics Research, demand for virtual private network (VPN) services continues to grow strongly, driven by the productivity improvements and cost savings that secure VPNs can offer remote workers.
The analyst firm also noted that the strong demand for VPN services is fuelled by the relative complexity of deploying large company-wide VPN infrastructures.
These drivers are expected to push worldwide VPN services revenue to $29.8bn, and worldwide security service revenue to $8.1bn, by 2009.
"Hacking has moved from an ego-driven hobby to a huge business," said Jeff Wilson, principal analyst at Infonetics.
"The goal of many hackers these days is to generate revenue or steal valuable information. They have become more organised, better funded, better equipped and more dangerous.
"This drives organisations of all types to find ways to protect against lost productivity, revenue and assets due to hacking, and for many this means turning to a service provider for help."
The Infonetics report found that roughly $10 is spent on VPN services for every $1 spent on VPN products.
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