SYS-CON MEDIA Authors: Michael Bushong, PR.com Newswire, David Smith, Tim Crawford, Kevin Benedict

News Feed Item

Research and Markets: Global Messaging Security Market 2014-2018: In July, McAfee Completes Its Acquisition of Finland-Based Security Firm Stonesoft

Research and Markets (http://www.researchandmarkets.com/research/pnvp86/global_messaging) has announced the addition of the "Global Messaging Security Market 2014-2018" report to their offering.

The analysts forecast the Global Messaging Security market to grow at a CAGR of 12.7 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing popularity of cloud-based secure messaging. The Global Messaging Security market has also been witnessing increasing R&D spending by vendors. However, the increasing complexity of network infrastructure could pose a challenge to the growth of this market.

Key vendors dominating this space are Cisco Systems Inc., McAfee Inc., Symantec Corp., and Trend Micro Inc.

Other vendors mentioned in the report are Microsoft Corp., Google Inc., Sophos, Clearswift Ltd., Proofpoint Inc., Barracuda Networks Inc., Panda Security SL, and Websense Inc.

Commenting on the report, an analyst from the team said: The Global Messaging Security market is witnessing an increase in mergers and acquisitions, which is expected to continue even during the forecast period. Both existing vendors and new entrants prefer the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, in July 2013, McAfee completed its acquisition of Finland-based security firm Stonesoft for US$389 million. This acquisition is likely to help McAfee enhance its next-generation firewall technology for its enterprise customers. Further, Symantec acquired Liveoffice, a provider of cloud-based data archiving and storage solutions, for US$115 million in 2012.

According to the report, one of the major drivers in this market is the increasing popularity of SaaS and virtual appliance-based solutions.

Further, the report states that one such challenge is the increasing complexity of network infrastructure. The enterprise network infrastructure in an organization is very complex as it comprises a combination of various security solutions.

For more information visit http://www.researchandmarkets.com/research/pnvp86/global_messaging

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.