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Global IT Security Spending Market 2015-2019

Global IT Security Spending Market 2015-2019

About IT Security

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. It also includes expenses incurred while securing computers, communications, and information and data. IT security spending is a long-term investment to save and protect critical data.

Technavio's analysts forecast the global IT security spending market to grow at a CAGR of 9.88% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the global IT security spending market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of the following:

  • Products
  • Services
It also presents the vendor landscape and a corresponding detailed analysis of the top eight vendors in the market. In addition, the report discusses the major drivers that influence the growth of the global IT security spending market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in

the market.

Technavio's report, Global IT Security Spending Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global IT security spending market landscape and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

Key Vendors
  • Check Point Software Technologies
  • Cisco Systems
  • EMC
  • Fortinet
  • Juniper Networks
  • McAfee
  • Palo Alto Networks
  • Symantec
  • Trend Micro
Other Prominent Vendors
  • Akamai Technologies
  • Avast Software
  • AVG Technologies
  • Barracuda Networks
  • Citrix Systems
  • Dell SonicWALL
  • F5 Networks
  • Hewlett-Packard
  • IBM
  • Imperva
  • Microsoft
  • Panda Security
  • Radware
  • Sophos
  • Trustwave Holdings
Market Driver
  • Increased Use of Mobile Devices
  • For a full, detailed list, view our report
Market Challenge
  • High Implementation Costs
  • For a full, detailed list, view our report
Market Trend
  • Increasing Demand for Cloud-based Security Solutions
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global IT Security Spending Market 2015-2019

Technavio recognizes the following companies as the key players in the Global IT Security Spending Market: Check Point Software Technologies Inc., Cisco Systems Inc., EMC² Corp., Fortinet Inc., Juniper Networks Inc., McAfee Inc., Palo Alto Networks Inc., Symantec Corp, and Trend Micro Inc.

Other Prominent Vendors in the market are: Akamai Technologies, Avast Software, AVG Technologies, Barracuda Networks, Citrix Systems, Dell SonicWALL, F5 Networks, Hewlett-Packard, Radware, IBM, Imperva, Microsoft, Panda Security, Sophos, and Trustwave Holdings.

Commenting on the report, an analyst from Technavio’s team said: “The growing demand for cloud-based security solutions is a major trend observed in this market. Cloud-based solutions offer advantages like cost effectiveness and round-the-clock monitoring. These solutions help companies to manage difficult standalone or integrated network components.”

According to the report, the growing demand for operational efficiency is a critical driver that augments growth in this market. IT solutions aid in securing sensitive data from unauthorized access and also help to analyze real-time and historical trends of business activities. This helps in identifying risk areas and ensures optimized performance.

Further, the report states that the high cost of implementing IT solutions is one of the primary challenges faced by this market. Apart from the high implementation costs, IT solutions have a few hidden expenses such as maintenance, software upgrades, and maintaining a talent pool to monitor the IT solution’s performance.

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Description
    • Components of IT Security
      • Table Components of IT Security
      • Network Security
      • Access Control
      • Business Continuity
      • Compliance
      • Confidentiality
      • Risk Assessment
    • Implementation of IT Security Solutions
      • On-Premise
      • Cloud-Based
      • Hybrid
    • Regulations against IT Security Threats
    • IT Security Breaches
      • IT Security Breaches in Enterprises 2010-2014
        • Table IT Security Breaches in Enterprises 2010-2014
      • IT Security Breaches by Regions 2014
        • Table IT Security Breaches by Regions 2014
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Table Global IT Security Spending Market 2014-2019 ($ billions)
    • Five Forces Analysis
  • Product Life Cycle Analysis
    • Table Product Life Cycle of IT Security Solutions
  • Cyber Insurance: A New Way to Curb Cyber Loss
  • Market Segmentation by Solutions
    • Global IT Security Spending Market by Solutions 2014-2019
      • Table Global IT Security Spending Market by Solutions 2014-2019
    • Global IT Security Products Spending Market
      • Market Size and Forecast
        • Table Global IT Security Products Spending Market 2014-2019 ($ billions)
    • Global IT Security Services Spending Market
      • Market Size and Forecast
        • Table Global IT Security Services Spending Market 2014-2019 ($ billions)
  • Geographical Segmentation
    • Global IT Security Spending Market by Geography 2014-2019
      • Table Global IT Security Spending Market by Geography 2014-2019
      • Global IT Security Spending Market by Geography 2014-2019 (revenue)
        • Table Global IT Security Spending Market by Geography 2014-2019 ($ billions)
      • IT Security Spending Market in Americas
      • IT Security Spending Market in EMEA
      • IT Security Spending Market in APAC
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Product Offerings
    • Competitive Analysis 2014
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Check Point Software
      • Key Facts
      • Business Overview
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Cisco Systems
      • Key facts
      • Business overview
      • Business segmentation by revenue
        • Table Cisco Systems: Business segmentation by revenue 2013
        • Table Cisco Systems: Business segmentation by revenue 2011-2013 ($ billions)
      • Geographical segmentation by revenue
        • Table Cisco Systems: Geographical segmentation by revenue 2013
      • Business strategy
      • Key developments
      • SWOT analysis
    • EMC²
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table EMC²: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table EMC²: Business Segmentation by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Global IT Security Spending Market: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Fortinet
      • Key Facts
      • Key Information
      • Business Overview
      • Business Segmentation by Revenue
        • Table Fortinet: Business Segmentation by Revenue 2013
        • Table Fortinet: Business Segmentation by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue
        • Table Fortinet: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Juniper Networks
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Juniper Networks: Business Segmentation 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Juniper Networks: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Sales by Geography 2013
        • Table Juniper Networks: Sales by Geography 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • McAfee
      • Key facts
      • Business overview
      • Product segmentation
        • Table McAfee: Product segmentation 2013
      • Key locations
        • Table McAfee: Key locations
      • Business strategy
      • Recent developments
      • SWOT Analysis
    • Palo Alto Networks
      • Key Facts
      • Key Information
      • Business Overview
      • Business Segmentation by Revenue
        • Table Palo Alto Networks: Business Segmentation by Revenue 2013
        • Table Palo Alto Networks: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue
        • Table Palo Alto Networks: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Symantec
      • Key facts
      • Business overview
      • Business segmentation by revenue 2013
        • Table Symantec: Business segmentation by revenue 2013
      • Business segmentation by revenue 2013 and 2014
        • Table Symantec: Business segmentation by revenue 2013 and 2014 ($ millions)
      • Geographical segmentation by revenue 2013
        • Table Symantec: Geographical segmentation by revenue 2013
      • Business strategy
      • Recent developments
      • SWOT analysis
    • Trend Micro
      • Key facts
      • Business overview
      • Geographical segmentation by revenue 2012 and 2013
        • Table Trend Micro: Geographical segmentation by revenue 2012 and 2013 ($ millions)
      • Geographical segmentation by revenue 2013
        • Table Trend Micro: Geographical segmentation by revenue 2013
      • Business strategy
      • Recent developments
      • SWOT analysis
  • Assumptions
  • Other Reports in this Series

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