Abstract
This IDC study looks at the security software and appliance market in the Gulf
States for 2007. The study covers vendor shares, major vertical segments
contributing to security investments, current focus on security segment
spending and forecasts on market growth through 2012.
"The Gulf States security appliance and software market will continue to grow
aggressively in 2008. However, as the region' s economies slow down in 2009 and
2010, this market is also expected to display slower growth. During the
economic slowdown, IT security will remain one of the few IT areas in which
companies will continue to invest, driven primarily by the need to respond to
the increasing sophistication and frequency of the threat landscape and the
necessity to install security systems that are stipulated by regulatory
compliance measures. The curtailment of expansion plans and the diminishing
volume of business will see companies invest in security solutions that better
protect their current assets rather than in solutions that support the
expansion of their operations. IDC expects this trend to lead to a gradual
redistribution of security spending from security appliances to security
software." - Research Analyst Megha Kumar, IDC MEA
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