As per research analysis, Adware is the major threat facing the IT Security Market in Japan followed by Trojans, Worms, Virus, Spyware and others with the Manufacturing sector being the main target for these attacks; accounting for more than 80 percent of the total attacks. The other sectors equally affected included BFSI sector, Government sector, Business Services sector & Technology sector.
Japanese organizations were the primary target for most of these cyber-attacks originating from Japan.
However, the number of attacks on Japanese organizations from other countries will be reducing during the forecast period due to the execution of stringent regulations.
Currently, the Global IT Security market is witnessing an increase in IT security spending by organizations in various countries due to the rising number of cyber-attacks. Of global IT security spending, Japan contributed 12.7 percent in 2013. However, IT security spending by other countries such as India and the US will be higher than that of Japan during the forecast period, reducing its contribution to the global market.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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