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Canadian IT Security Hardware, Software, Services, and Cloud Forecast, 2018–2022

Canadian IT Security Hardware, Software, Services, and Cloud Forecast, 2018–2022

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, 2018 (IDC #US43535614, February 2018). Significant changes were made to the taxonomy for 2018, which are outlined in the Market Definition section. This document is the sixth in a series of yearly security forecasts that are published by IDC Canada. The security market was worth $2.6 billion in 2017 and is expected to reach approximately $3.79 billion by 2022, growing with a five-year CAGR of 7.8%."Security software, led by growth in SaaS, will outpace security hardware revenue growth over the forecast period," says Kevin Lonergan, research manager, IDC Canada. "This is indicative of the effect cloud adoption is having on the security products market. Regardless of deployment type, Canadian organizations will be increasing their adoption of third-party services to manage and monitor their security products and secure their IT environments."

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
Cloud Adoption
Enforcement of Mandatory Breach Notification
Lack of Qualified IT Security Staff
IT Security Budget
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
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