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Canadian IT Security Hardware, Software, Services, and Cloud Forecast, 2017–2021

Canadian IT Security Hardware, Software, Services, and Cloud Forecast, 2017–2021

This IDC study forecasts all IT security markets in Canada, including hardware, software, SaaS, and security services, down to the subfunctional level as defined in IDC's Worldwide Security Products Taxonomy, 2016 (IDC #US41149416, April 2016). Several changes were made to the taxonomy for 2016, which are outlined in the Market Definition section. This document is the fifth in a series of yearly security forecasts that are published by IDC Canada. The security market was worth $2.2 billion in 2016 and is expected to reach approximately $3.3 billion by 2021 at a five-year CAGR of 8.1%."In Canada, the traditional on-premise hardware and software security markets will remain strong throughout the forecast but the impact of cloud is starting to become more apparent. Solutions that have the ability to integrate with cloud platforms, virtual appliances, and SaaS are expected to be strong growth markets over the forecast period," says Kevin Lonergan, senior analyst, Infrastructure Solutions, IDC Canada. "In security services, device management and monitoring are expected to maintain healthy growth throughout the forecast period but cloud adoption brings new opportunities and challenges to providers as they begin offering these services outside of the datacentre."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Canadian IT Security Forecast
Identity and Access Management Security Forecast
Network Security Forecast
Endpoint Security Forecast
Messaging Security Forecast
Web Security Forecast
Security and Vulnerability Management Security Forecast
Security Services Forecast
Security SaaS Forecast
Market Context
Drivers and Inhibitors
Drivers
Mandatory Breach Notification
Adoption of Next-Generation Endpoint Security Solutions
Inhibitors
IT Security Budget
Lack of IT Security Maturity in Canada
Significant Market Developments
Changes from Prior Forecast
Market Definition
Identity and Access Management
Network Security
Endpoint Security
Messaging Security
Web Security
Security and Vulnerability Management
"Other" Security Products
Security Services
Methodology
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