According to research group Gartner Inc, the cloud-based security services market will be worth some $2.1 billion by year end, increasing to $3.1 billion in two years’ time. Gartner says revenue opportunities will vary, while growth will remain strong.

“The cloud-based security market remains a viable one, offering providers many opportunities for expansion,” says Ruggero Contu, research director at Gartner. “Encryption will be a new area of growth, but it remains a complex activity.

“The strongest interest will be in encryption products from cloud security brokers, which are relatively easy to deploy and have options for on-premises encryption management.”