According to a new market report published by Transparency Market Research (www.transparencymarketing.com), a global market intelligence company, the web content filtering market was valued at US#1,230.9 million in 2012 and is expected to reach $2,579.6 million by 2019, growing at a CAGR [compound annual growth rate] of 11.3% from 2013 to 2019.
With exponential growth of the Internet, there has been increase in number of cyber attacks and cyber threats. Therefore, due to security reasons, the demand for content filtering solutions in business organizations and government agencies is expected to rise over the forecast period from 2013 to 2019, according to Transparency Research.
The ever changing government regulations coupled with growing desire to manage the Internet bandwidth consumption wisely have collectively fueled market momentum, adds the research group. The demand for...| Read more »