Noida, UP -- (SBWire) -- 03/22/2011 -- High security threats worldwide have increased the need for Taiwan firms to invest in safeguarding their information. Hence, demand for cutting edge security solutions has surged in the country. The market is distinguished by a high degree of security spending, with most organizations prepared to install innovative security systems for optimized risk management and corporate governance. Due to the increased concerns relating to computer viruses and spam, the sales of information security services and products are expected to surge in coming year with the total value to reach US$ 760 Million at the of 2013, says our new research report “Opportunities in Taiwan Info Security Market”.
As per our research on Taiwan’s information security segment, many enterprises are reducing budgets due to the weak economy. However the enterprises, which rely heavily on information technology, are willing to increase their spending on procuring more information security products and services. Besides, various other reasons, like the enactment of the Personal Information Protection Act (which mandates tight protection of personal information), which have contributed to the growth of the information security market in Taiwan have been discussed in the report.
Our team of experts has carefully segmented information security market of the country into Anti-virus, e-mail Security, and Firewall and provides thorough analysis of each segment together with the detail study of the investment opportunities in various regions of the country. Additionally, various strategic plans, which have been framed by the government to fuel the growth of the information security market in the country has been discussed in the report.
Our report “Opportunities in Taiwan Info Security Market” has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years. Due consideration has been given to the possible after effects of recession on the industry. It will help clients to have a proper insight of the current and future outlook of the Taiwanese information security market.
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Information Security Market in Taiwan Booming