11/03-03   -   Pressmeddelande

Nordic IT Security Product Market Set To Double in 5 Years, Says IDC

STOCKHOLM, Sweden, March 10, 2003 - The Nordic IT security market, including software and hardware, is expected to increase to $754 million in revenues by 2007, compared to revenues of $355 million in 2002. According to new IDC research, security hardware represents the strongest opportunity for growth, with a 20.7% compound annual growth rate (CAGR) from 2002-2007.


The largest segment across the Nordic region is secure content management, with total revenue of $87 million in 2002. Token and smart cards and
firewall/VPN are two large, fast growing segments across the Nordic markets for IT security.

There is a clear trend for integrated products in the security market and vendors will need to consider partnerships and alliances or even mergers and alliances to be able to cope with increased complexity. As products become broader, development costs will increase and the need for global reach is becoming more expressed. As a result, we will see that the consolidation trend in the industry will continue. "Although there was only slow growth or even decline in the Nordic IT markets during 2002, our studies of the Nordic security markets show that security spending remains a top priority for most organizations," said Nils Molin, Senior Research
Analyst with IDC Nordic and one of the authors of the studies. "New corporate initiatives involving identity management will continue to fuel IT security growth over the next five years," Molin continued.

Success in the major security segments will be driven by the following four factors:

- A return to market growth for security administration, authorization, and authentication (3A)software due to the broad consumption of these technologies by identity management and Web services security.
- The increased use of VPN solutions and mobile applications will continue to fuel the firewall market.
- Blended threats will accelerate the development and integration of antivirus, SPAM, Web and email filtering products helping to grow the market.
- The continued popularity of security appliances as a means of delivering software due of the wide coverage of the products. In this way, a single appliance can solve multiple enterprise security needs.
IDC´s Nordic IT security products forecast and analysis 2002-2007 present local and international trends, market sizing and vendor shares for 5 security software segments and 3 security hardware segments.

Denmark IT Security Products Forecast and Analysis 2002?2007 (IDC#DK570301K)
Finland IT Security Products Forecast and Analysis 2002?2007 (IDC#FI570304K)
Norway IT Security Products Forecast and Analysis 2002?2007 (IDC#NO570303K)
Sweden IT Security Products Forecast and Analysis 2002?2007 (IDC#SE570302K)

The studies are available to purchase on www.idc.com or via your local IDC
office.

For additional press releases from IDC Nordic, please see: www.nordic.idc.com/press


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.
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of their respective holders.

For more information, contact:
Nils Molin
+46 8 751 0415
nmolin@idc.com

Anna Bager
+46 8 751 0415
abager@idc.com