Europe’s managed IT security market will grow to €4.6 billion in 2008, according to Forrester Research. Demand for IT security services is increasing because enterprises are finding it harder to find the skills internally to cope with an increasingly volatile IT security environment. The problem is particularly acute for smaller businesses. Forrester forecasts that SMEs will account for 66 per cent Of managed security spending in five years time. Managed firewalls will claim 36 per cent, or &euros;1.7 billion in revenues, of the total managed security market by 2008, Forrester forecasts. Full Story
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