IDC Forecasts Worldwide Revenues for Security 3As Software Will Reach $7.7 Billion in 2004

Apr 16, 2001, 01:00 ET from IDC

    FRAMINGHAM, Mass., April 16 /PRNewswire/ -- Internet security has made a
 complete about-face. Once designed to keep people out of corporate networks,
 security features are now enabling enterprises to open their internal
 networks, servers, applications, and content to external access via the
 Internet. This enablement is opening large market opportunities for security
 authentication, authorization, and administration (3As), making it the largest
 and fastest-growing segment of the Internet security software market.
 According to IDC, worldwide revenues will accelerate at a compound annual
 growth rate (CAGR) of 28%, from $2.8 billion in 2000 to $7.7 billion in 2004.
     "Security authentication, authorization, and administration are the keys
 to ebusiness enablement," said Brian Burke, analyst for IDC's Internet
 Security program. "No longer viewed as just an insurance policy, 3As are a
 positive infrastructure element that play a vital role in building trusted
 relationships with customers, partners, suppliers, and channels. These
 relationships will produce higher transaction rates with greater scalability,
 lower costs per transaction, and high-value personalized services."
     According to IDC, authentication will play a key role in the growth of the
 3A software market, with revenues increasing at a CAGR of 32%, from $562
 million in 2000 to $1.7 billion in 2004. "Strong authentication is the
 backbone to secure transactions, and PKI and digital certificates are emerging
 as the preferred enablers of strong authentication for a wide range of
 ebusiness applications," Burke said. "Correctly leveraged, PKI technology can
 improve access to and trust in ebusinesses' efforts, which ultimately boosts
 business."
     IDC believes the major advantages of 3As are they enable ebusinesses to
 expand their customer bases, increase online transactions, and grow revenue at
 double-digit rates while keeping cost growth at single-digit levels.
 IDC's recently published bulletin Worldwide Security 3As Software Market
 Forecast and Analysis, 2000-2004: Authentication, Authorization, and
 Administration Accelerate eBusiness Enablement (IDC #B24379) examines the
 market opportunity for the 3As software market and looks at how this market
 will grow. To purchase this bulletin, contact Cheryl Toffel at 1-800-343-4952,
 extension 4389, or at ctoffel@idc.com.
 
     About IDC
     IDC is the foremost global market intelligence and advisory firm helping
 clients gain insight into technology and ebusiness trends to develop sound
 business strategies. Using a combination of rigorous primary research, in-
 depth analysis, and client interaction, IDC forecasts worldwide markets and
 trends to deliver dependable service and client advice. More than 700 analysts
 in 43 countries provide global research with local content. IDC's customers
 comprise the world's leading IT suppliers, IT organizations, ebusiness
 companies and the financial community. Additional information can be found at
 www.idc.com.
 
     IDC is a division of IDG, the world's leading IT media, research and
 exposition company.
 
     All product and company names may be trademarks or registered trademarks
 of their respective holders.
 
 

SOURCE IDC
    FRAMINGHAM, Mass., April 16 /PRNewswire/ -- Internet security has made a
 complete about-face. Once designed to keep people out of corporate networks,
 security features are now enabling enterprises to open their internal
 networks, servers, applications, and content to external access via the
 Internet. This enablement is opening large market opportunities for security
 authentication, authorization, and administration (3As), making it the largest
 and fastest-growing segment of the Internet security software market.
 According to IDC, worldwide revenues will accelerate at a compound annual
 growth rate (CAGR) of 28%, from $2.8 billion in 2000 to $7.7 billion in 2004.
     "Security authentication, authorization, and administration are the keys
 to ebusiness enablement," said Brian Burke, analyst for IDC's Internet
 Security program. "No longer viewed as just an insurance policy, 3As are a
 positive infrastructure element that play a vital role in building trusted
 relationships with customers, partners, suppliers, and channels. These
 relationships will produce higher transaction rates with greater scalability,
 lower costs per transaction, and high-value personalized services."
     According to IDC, authentication will play a key role in the growth of the
 3A software market, with revenues increasing at a CAGR of 32%, from $562
 million in 2000 to $1.7 billion in 2004. "Strong authentication is the
 backbone to secure transactions, and PKI and digital certificates are emerging
 as the preferred enablers of strong authentication for a wide range of
 ebusiness applications," Burke said. "Correctly leveraged, PKI technology can
 improve access to and trust in ebusinesses' efforts, which ultimately boosts
 business."
     IDC believes the major advantages of 3As are they enable ebusinesses to
 expand their customer bases, increase online transactions, and grow revenue at
 double-digit rates while keeping cost growth at single-digit levels.
 IDC's recently published bulletin Worldwide Security 3As Software Market
 Forecast and Analysis, 2000-2004: Authentication, Authorization, and
 Administration Accelerate eBusiness Enablement (IDC #B24379) examines the
 market opportunity for the 3As software market and looks at how this market
 will grow. To purchase this bulletin, contact Cheryl Toffel at 1-800-343-4952,
 extension 4389, or at ctoffel@idc.com.
 
     About IDC
     IDC is the foremost global market intelligence and advisory firm helping
 clients gain insight into technology and ebusiness trends to develop sound
 business strategies. Using a combination of rigorous primary research, in-
 depth analysis, and client interaction, IDC forecasts worldwide markets and
 trends to deliver dependable service and client advice. More than 700 analysts
 in 43 countries provide global research with local content. IDC's customers
 comprise the world's leading IT suppliers, IT organizations, ebusiness
 companies and the financial community. Additional information can be found at
 www.idc.com.
 
     IDC is a division of IDG, the world's leading IT media, research and
 exposition company.
 
     All product and company names may be trademarks or registered trademarks
 of their respective holders.
 
 SOURCE  IDC

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