A new study from The Radicati Group, Inc. finds that adoption of Web security solutions continues to grow at a rate of 25% a year, even despite limited IT budgets

For Immediate Release

Contact:
Lauren Reardon
The Radicati Group, Inc.
(650) 322-8059
lreardon@radicati.com

Palo Alto, CA – March 2, 2009 – The Radicati Group, Inc.’s latest study, “Corporate Web Security Market, 2009-2013,” offers a detailed analysis of the market for Corporate Web Security. Corporate Web Security solutions are designed to address three major concerns: malware protection, user productivity, and data loss prevention.

The study provides market size, installed base and revenue market share by vendor, four-year forecasts, as well as detailed analysis of major players in the market, including Alladin, Barracuda Networks, Blue Coat, Cisco IronPort, McAfee, MX Logic, ScanSafe, Symantec, Trend Micro, Webroot, Websense, and others.

Appliances and software packages are still the most popular ways to deploy Web security solutions. However, the popularity of hosted Web security is spreading fast. These solutions are easy to deploy and maintain, and often offer better protection than software or appliances, as service providers are generally able to react to threats quicker than IT departments inside companies.

According to the study, worldwide revenues for corporate Web security vendors and hosted providers are expected to reach almost $954 million in 2009, and grow to over $1.9 billion by 2013.

To order a copy of the study, or for additional information about our market research programs, please contact Lauren Reardon at (650) 322-8059, or visit our web site at https://www.radicati.com.