According to latest update, in India, Small and midsize businesses (SMBs) will spend $291 million on security-related investments in 2009.
The report suggests that the security software accounts for 73% of the total SMB security expenditure and most of this amount is spent on antivirus software.
In the current scenario, various small enterprises have noticed the importance of security products and now formulating structured policies for security-related investments.
The report also identifies Managed security services (MSS) as one of the key trends in the SMB security space.
The research firm expects the MSS market to grow 21% this year, but the main challenge of service vendors will be to convince SMBs to trust external organizations to handle their internal security.
The firm also notices another trend called as Unified Threat Management (UTM), which is now adopted by SMBs increasingly.
The research firm also said that SMBs are the most vulnerable segment in terms of data security as they lack expertise to handle cyber threats, the number of which has been increasing.
The report suggests that the security software accounts for 73% of the total SMB security expenditure and most of this amount is spent on antivirus software.
In the current scenario, various small enterprises have noticed the importance of security products and now formulating structured policies for security-related investments.
The report also identifies Managed security services (MSS) as one of the key trends in the SMB security space.
The research firm expects the MSS market to grow 21% this year, but the main challenge of service vendors will be to convince SMBs to trust external organizations to handle their internal security.
The firm also notices another trend called as Unified Threat Management (UTM), which is now adopted by SMBs increasingly.
The research firm also said that SMBs are the most vulnerable segment in terms of data security as they lack expertise to handle cyber threats, the number of which has been increasing.
