Description

Growth in the Latin American network security space is leveraged by macroeconomic factors, technology trends and emerging market segments. Though the 2008 and 2009 global economic crisis had a negative effect on the region, Network Security markets still experienced strong growth and are forecast to gain participation in the global Network Security marketplace. Growth drivers include a strong increase in virtual crimes and SPAM, the rapid expansion of IT markets in the Andean region, highlighting the Colombian market, compliance to both national and international regulations, and the heightening demand for mobility of the workforce with growing use of laptops, smart-phones, and PDA's, requiring enhanced security solutions such as SSL VPN.