target audience: TECH SUPPLIER Publication date: Jul 2024 - Document type: Market Share - Doc Document number: # LA51533424
Latin America Enterprise Security Products Market Share, 2023
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Abstract
This IDC study provides an analysis of Latin America’s enterprise security products market, including revenue figures for software and hardware security products in 2023.
Please be advised that the consumer digital life protection (CDLP) market, which forms part of endpoint security, has been excluded from the revenue figures in this analysis.
According to Emanuel Figueroa, senior research analyst on security and trust, IDC, “Despite the inherent risks in macroeconomics, society, and politics, there is an imperative to enhance technological risk management because of the emergence of new applications, channels, and infrastructure as well as the adoption of transformative shifts, such as cloud computing. Furthermore, identifying, safeguarding, and anticipating novel threats, along with the growing need for data protection, have led to a reevaluation of the business value associated with these products.”