451 Research conducted a market study commissioned by OPĀQ Networks of more than 300 respondents in the mid-market to examine the challenges and opportunities they face with respect to network security. Security managers and buyers are increasingly aware that cloud-based security services can enable aggressive deployment of advanced technologies that directly address the requirements and challenges of distributed organizations.
The study reveals:
* Network security spending is projected to grow nearly two times faster than overall IT security spending, accounting for nearly half of the entire IT security budget by 2021.
* Budget constraints, security skills shortages, and limited visibility/control challenges continue to plague IT and security executives – they are feeling underserved by today’s security products and services.
* A seismic shift to security-as-a-service is underway – it’s happening now.
* Simplified threat management, branch office enablement/optimization are the two strongest use cases for security-as-a-service – but several others also have the market’s attention.
Ready Now: Middle Market Shift to Network Security-as-a-Service