Cloud Security to Grow to $1.5bn Market by 2015

Monday Oct 25th 2010 by Staff

A new Forrester report says that cloud offerings will become more secure over the next five years.

ComputerWeekly: A new Forrester report predicts that by 2015, security for cloud-based services will be a $1.5 billion market, or about 5 percent of all IT security spending.

Analyst Jonathan Penn writes that over the next five years, companies will demand that security be built in to software as a service offerings. As a result, he believes that security will move from being a reason why people avoid the cloud to a reason why people choose the cloud.

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