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Worldwide Spend on Security Products and Services Tops $19 Billion

Reported by Business Wire on Wednesday, 20 June 2012 (on June 20, 2012)
Business Wire
Worldwide Spend on Security Products and Services Tops $19 BillionLONDON--(BUSINESS WIRE)--Globally small and medium business Security Market (on-premise and cloud) spend is expected to experience an overall compounded annual growth rate of over 10% for the period of 2011 through 2016. Cloud security services currently accounts for nearly 17% of this total spending and is projected to increase to 24% by 2016. These findings emerge from the latest study by New York-based Access Markets International (AMI) Partners, Inc. The soon to be published 2012 Global SMB

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