global it security spending market 2015-2019
TRANSCRIPT
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Global IT Security Spending Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Global IT Security Spending Market 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “The growing demand for cloud-based security solutions among end-users has prompted vendors to introduce more of them. Both large enterprises and SMEs are rapidly adopting cloud-based security solutions, as they are cost-effective and easily manageable. This trend will trigger the growth of the global market during the forecast period.”
• IT security is used to protect data and information of single-user or multi-user networks. It protects data and information from unauthorized access and modification. IT security refers to measures taken to detect, monitor, report, and counter such threats. IT security spending refers to the expense incurred by enterprises and government organizations to secure their data, systems, and networks.
• Technavio's analysts forecast the global IT security spending market to grow at a CAGR of 9.88% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global IT Security Spending Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global IT Security Spending Market 2015-2019
Check Point Software
Cisco Systems
EMC²
Check Point Software was established in 1993 and is headquartered at Tel Aviv, Israel. It is known for its firewalls and patented stateful inspection technology. It provides Internet security services, helping customers protect against all kinds of threats.
Cisco Systems designs, manufactures, and sells products and services related to the IT and communications industries worldwide.
EMC² was established in 1979 and is headquartered in the US. It offers data storage, information security, virtualization, analytics, cloud computing, and other products and services that enable businesses to store, manage, protect, and analyze data.
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Market Landscape• Currently, the global it security spending market is in its mature stage.
• Although there is a high adoption of IT security solutions among enterprise users, the introduction of cloud-based security solutions is expected to encourage even SMEs to adopt them, as they are cost-effective.
• Such solutions are cost-effective, mainly because their implementation does not require any infrastructure.
• This is also expected to contribute to the growth of the global IT security spending market during the forecast period.
• In addition, the increasing threats to network security are expected to drive other segments such as service providers to adopt IT security solutions.
• As the global IT security spending market is a mature market, the scope for growth in North America and Europe is limited.
• However, the scope for the growth of this market in other regions such as APAC, MEA, and Latin America is high.
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Key Buying Criteria
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Parameter Details
Low Cost
The initial cost of purchase, service, maintenance, and other
related costs of IT security solutions should be low.
Scalability
IT security solutions should function efficiently even under
work pressure; these solutions should also be able to
interoperate with the existing systems.
Flexibility
The services should be flexible and easily upgradable with
the growing necessities of the organization.
Deployment Options
IT security solutions should offer a number of deployment
options such as CPE-based or cloud-based deployment.
Portfolio of Offerings
IT security solutions should provide different offerings for
policy and compliance, IPS and URL filtering, and security
management.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global IT Security Spending Market 2015-2019
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