Evolving Cyber Threats Draw Investments into Secure Content Management Market in Asia-Pacific, Finds Frost & Sullivan

Evolving Cyber Threats Draw Investments into Secure Content Management Market in Asia-Pacific, Finds Frost & Sullivan PR Newswire SINGAPORE, Dec. 11, 2012 - The sophisticated threat landscape drives enterprises' need for adequate defenses in cyberspace SINGAPORE, Dec. 11, 2012 /PRNewswire/ -- In the face of ever-evolving cyber threats and attacks, secure content management (SCM) solutions have become a necessity for companies. The growing criticality of e-mail and web as business enablers further highlights the need to defend network gateways. Hence, as enterprises in Asia Pacific look to protect their virtual assets, the region's SCM market is poised for rapid growth. New analysis from Frost & Sullivan (http://www.networksecurity.frost.com), Analysis of the Asia-Pacific Secure Content Management Market, finds that the market earned revenues of over $570.6 million in 2011 and estimates this to reach $1,787.8 million in 2018. The market also registered a healthy, year-on-year growth rate of 12.9 percent in 2011, and is expected to witness a steady compound annual growth rate (CAGR) of 17.3 percent till 2018. "With the convergence of IT and business, organizations have to protect sensitive data and manage network activity," said Frost & Sullivan Research Analyst Vu Anh Tien. "Therefore, they are keen to invest in e-mail and web security solutions to maintain an advanced level of security against high profile attacks and spam.