SMBs to embrace hosted security

Software-as-a-service (SaaS) will become one of the most common ways for SMBs to buy security technology, an IDC report has predicted, quoted by Techworld.

According to the analyst's Worldwide Web Security 2008-2012 Forecast, interest in hosted security will buck the troubled economy in developed countries to record nearly 50% per annum growth rates over the next four years.

It defines SMBs as being companies with 100 to 1,000 employees.

The overall spending will still be relatively modest, rising from 2007's US$49.3 million (€34.21 million) annual revenue, to an estimated $365 million (£253.29 million) by 2012.

Techworld reckons that will still make hosted security the fastest-growing sector in the US$1.4 billion (€972 million) web security market, which includes appliances and desktop software.

See here for the full story.

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