Burgeoning Security Threats Drive Growth in the South African Network Security Market, Says Frost & Sullivan

CAPE TOWN, South Africa, October 27/PRNewswire/ --
			

    South African enterprises are reporting a rise in security threats on a
daily basis, boosting the demand for advanced network security solutions. The
landing of undersea cables and the resulting increase in broadband
penetration are expected to cause a further surge in security threats in the
short term. Enhanced regulation is also likely to stimulate demand in
previously untapped sectors over the next five years.



    (Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)



    New analysis from Frost & Sullivan 
(http://www.networksecurity.frost.com), South African Network Security 
Market, finds that the market earned revenues of over US$119.3 million in 
2008 and estimates this to increase nearly fourfold by 2015 to reach 
US$471.2 million. The technologies covered in this analysis are firewall 
(FW)/Internet protocol security (IPSec) virtual private network (VPN), secure 
socket layer (SSL) VPN and intrusion detection system (IDS)/intrusion 
prevention system (IPS).



    If you are interested in a virtual brochure, which provides a brief
synopsis of the research and a table of contents, then send an e-mail to
Patrick Cairns, Corporate Communications, at patrick.cairns@frost.com, with
your full name, company name, title, telephone number, company e-mail
address, company website, city, state and country. Upon receipt of the above
information, a brochure will be sent to you by e-mail.



    "The escalating incidence of complex and malicious security threats is
the primary driver for network security solutions in South Africa," says
Frost & Sullivan Programme Manager Birgitta Cederstrom. "An increase in
broadband penetration and internet connectivity will further bolster demand
in the short-term."



    As security threats and breaches become more complex, companies need to
invest in more efficient and effective solutions. Increased broadband
penetration has been shown to precede a boom in security threats in other
countries, necessitating additional investment.



    The uptake of advanced security solutions in this market, particularly
within small and medium-sized enterprises, has been limited by low awareness
of the nature and pervasiveness of threats and the need for extensive
protection.



    "There is currently no regulatory or industry body that educates the
South African market on network security best practices," explains
Cederstrom. "In an environment where security skills and awareness of the
pervasiveness of threats are low, this significantly hampers the uptake of
more advanced solutions."



    Vendors and systems integrators should lobby for the development of an
appropriate industry body that can encourage greater regulation of network
security solutions and advise companies on the implementation of adequate
solutions.



    "Vendors are encouraged to develop their capacity to gather and monitor
information on threat activity from installed appliances globally," concludes
Cederstrom. "The data gathered can also be utilised to disseminate timely
information to end-users on the nature of current threats affecting the South
African landscape and how best to mitigate them."



    South African Network Security Market is part of the Network Security
Growth Partnership Services programme, which also includes research in the
following markets: Angolan Mobile Communications Market, Mozambican Mobile
Communications Market, SA Broadband Update, and Nigerian Contact Centre
Market. All research services included in subscriptions provide detailed
market opportunities and industry trends that have been evaluated following
extensive interviews with market participants.



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    South African Network Security Market
    M2D4


    Contact:
    Patrick Cairns
    Corporate Communications - Africa
    P: +27-18-468-2315
    E: patrick.cairns@frost.com


    http://www.frost.com





Source: Frost & Sullivan

Patrick Cairns, Corporate Communications - Africa of Frost & Sullivan, +27-18-468-2315, patrick.cairns@frost.com