In-Stat/MDR Expects Broadband Security Market to Soar

In-Stat/MDR said that the market for broadband-based security solutions will grow to $829 million by the end of 2004, up from $71 million in 2000. The company attributes the expected growth rates to expanding use of broadband connectivity solutions. In-Stat/MDR said that 14 percent of all Americans use cable or DSL connections and that only about 64 percent of those people use a firewall, leaving about one third unprotected. The company thinks that as unprotected users realize the inherent vulnerabilities of such networks, service providers will move to offer more security services. In-Stat/MDR sees firewalls as the driving force for revenue increases in the area of broadband security.