European IT security products market to surpass $6 billion by 2005, according to IDC; Next wave of security applications will be driven by increased reliance on mobile devices.

0 Comments | M2 Presswire, July, 2001

M2 PRESSWIRE-24 July 2001-IDC: European IT security products market to surpass $6 billion by 2005, according to IDC; Next wave of security applications will be driven by increased reliance on mobile devices (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:24072001 LONDON -- According to recent research from IDC, the total European market for IT security products (software and hardware) is set to explode from $1.8 billion last year to $6.2 billion in 2005.

"The security software market will lose a significant amount of market share to the hardware market over this period while still remaining the largest submarket," said Thomas Raschke, program manager of IDC's European Internet Security research. Security 3A software (authorization, authentication and...