"The security infrastructure market is expected to experience positive growth over the forecast period, despite risks of further economic turbulence," said Lawrence Pingree, research director at Gartner.
As per Gartner, the security infrastructure market consists of the software, services and network security appliances used to secure enterprise and consumer IT equipment.
IT outsourcing (managed security services), secure Web gateway (appliance), and security information and event management (SIEM) are the fastest-growing security segments, Gartner said.
It was also noted that demand for cloud-based security is affecting a number of key security markets, and that this new delivery model will see above-average growth.
"Results from the 2012 annual Gartner CIO survey show increased prioritization for security compared with 2011 and results from Gartner budgeting surveys published in June 2012 underline the fact that organizations globally are prioritizing on security budgets," Pingree added.