Asia Pacific Network Security Market CY 2009

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Published: 31 Dec 2010

The Asia Pacific network security market posted a YoY decline of (1.6%) in 2009, as the fallout from the global financial meltdown finally took its toll on the business environment in the region. In contrast to the robust growth momentum which characterised the 2008 market, sentiments in the 2009 market, particularly in the first half of the year, were decidedly more muted as many enterprises in the region buckled down and tightened their budgets in anticipation of long-drawn climate of recession.

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