The enterprise security market is set to return to blistering double-digit growth in 2010 as end users finally splurge on hardware upgrades.
According to analyst Canalys, global enterprise security spend is on course to swell 13.8 per cent in 2010 to reach $15bn (£9.8bn).
EMEA is predicted to be the fastest-growing region, with sales up 15.2 per cent to £5bn.
However, growth will vary across market sub-sectors, Canalys said.
The largest sub-sector, infrastructure security appliances, will soar 16 per cent to $7.3bn globally. Client security software will see more modest growth, after a strong 2009, with sales predicted to rise 6.9 per cent to $2.5bn.
Hosted security services will enjoy the highest growth of all, with sales set to beef up 19.3 per cent to $893m.
Meanwhile, infrastructure security software will leap 14.2 per cent to $3.8bn and infrastructure security modules will spike 9.4 per cent to $512m.
Canalys analyst Alex Smith said: “Investments have returned to security appliances as many businesses invest in much-overdue hardware upgrades.”
The market watcher also predicted that the recent rash of consolidation kicked off by Symantec, McAfee and Check Point will continue into the second half as vendors strive to offer fully integrated solutions managed by one console.
Canalys analyst Nikki Babatola added: “Growth will be driven by data protection, SSL VPN remote security and ITM devices as customers demand more integration and mobility.”
David Caughtry, director of core technology at security distributor Computerlinks, said: "I think the analysis falls in line with our experiences and expectations moving forward. However, I would use cautious optimism when describing the market."
CRN's Nima Green caught up with Chris Labrey for a quick Q&A at CRN's recent European Channel Leadership Forum
We caught up with the Atea chief exec at CRN's European Channel Leadership Forum in London
Andy Gillett has been appointed GM for the UK and Ireland
UK is one of two countries to see rollout of vendor's newest subscription service