End users need to be educated on the criticality of security in a virtualized environment
SINGAPORE, Sept. 13, 2012 /PRNewswire/ -- In the wake of rising cost pressures, enterprises in the Asia Pacific are rapidly adopting virtualization in their IT infrastructure setup to address dynamic business requirements or as part of a cloud initiative. Consequently, virtualization security has become indispensable to enterprises.
New analysis from Frost & Sullivan (http://www.networksecurity.frost.com), Analysis of the Asia-Pacific Virtualization Security Market, finds that the market earned revenues of $48.4 million in 2011 and estimates this to reach $549.6 million in 2017.
As virtualization spawns new and complex security threats, virtualization security solutions will evolve to protect virtual infrastructure and manage inter virtual machine traffic.
"End users need to be made aware that virtualizing a business environment without implementing adequate security measures may be counterproductive, as it could increase costs and reduce agility," said Frost & Sullivan Industry Manager Cathy Huang.
With virtualization, the virtualization layer (hypervisor) becomes a sensitive security target, as its breach could compromise all hosted workloads. Currently, the manageability of virtual infrastructures is a bigger priority than security management among enterprises. Vendors are also pegged back by the lack of compliance support on securing the virtualization infrastructure and the high costs of security products.
However, the growing market mindshare is expected to accelerate the growth of the market. The strong growth momentum in the cloud computing market provides further impetus, as virtualization is a key enabling technology in cloud computing.
The market will also get a leg up from maturing regulations, such as the latest version of the Payment Card Industry Data Security Standards (PCI-DSS), which details the requirements for securing virtual infrastructure.
"To succeed in the market, vendors' virtualization security solutions must be able to optimize resource-intensive tasks," noted Huang. "Vendors that provide consistent policy management across physical and virtual environments will stand out."
If you are interested in more information on this research, please send an email to Jessie Loh, Corporate Communications, at jessie.loh@frost.com, with your full name, company name, title, telephone number, company email address, company Web site, city, state and country.
Analysis of the Asia-Pacific Virtualization Security Market is part of the Network Security Growth Partnership Services program, which also includes research in the following markets: Asia Pacific Network Security Market CY 2010, Asia Pacific Network Security Market Q1 2011, Asia Pacific Mobile Security Market CY 2010, and Asia Pacific Web Application Firewall CY 2010. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
Contact:
Donna Jeremiah
Corporate Communications - Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com
Jessie Loh
Corporate Communications - Asia Pacific
P: +65 6890 0942
F: +65 6890 0988
E: jessie.loh@frost.com
http://www.frost.com
