Secure content software market grows at a lick

Latest market forecast data compiled by International Data Corp Inc indicates that the worldwide secure content management market will reach a level of $4.2bn by 2005, growing at an annual clip of 20%.

The market for secure content management software is emerging around a need to protect information, optimize operational effectiveness, minimize corporate liability, protect employee rights to privacy, and protect the corporate image.

Currently it is thought that as few as 25% of all companies have an enforced and communicated secure content policy in place. This relies on an organization being able to establish an acceptable email and web-usage policy, educate its employees on the policy and then enforce that policy with a suitable software management product.

Over the next 12 months, vendors of secure content management software can be expected to be working to develop a much-needed single point of administration for policy management and incident logging and reporting, the Framingham, Massachusetts-based company suggests.

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