Indian SMBs to spend $1.26 billion for Internet services in ’08

A report by market research firm Access Markets International Partners estimates that Indian SMBs will spend $1.26 billion on Internet-related products and services in 2008, an amazing 35% increase from the last year. Considering the fact that data security and compliance is generally the third or fourth factor in the priority-list of SMBs (after things like infrastructure and accessibility), I am just wondering how much of it can be tapped by non-intrusive and hassle-free models like security-as-a-service? SMBs are still sticking to contemporary offerings due to the lack of awareness. Even a small chunk of the pie will be plentiful. Security companies need special action plan for India now.