New analysis from Frost & Sullivan, reveals that revenues in the European Content Security Market totalled $1.80 billion in 2006, and are likely to reach $3.35 million in 2010.
The European content security market is gathering pace, particularly with enterprise security gaining priority due to the ever increasing need to protect critical information from the emerging threats and attacks. Furthermore, employee productivity is becoming an area of focus and in the recent past, Europe has also been reviving its legislative directives, necessitating greater investments in security. These factors, coupled with the growing consolidation, are like to provide entry and exit options for the investment community.
“The European security industry at large is in the limelight, as growing signs of market maturity in the North American region have heightened the focus on the less mature European and the growing Asian markets” notes Frost & Sullivan Senior Research Analyst Raja Srinivasan. “Regulatory compliances, employee productivity concerns, and the growing demand for proactive solutions to counter new and innovative security threats are all expected to drive content security investments across Europe.”
Source: Frost & Sullivan