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Global IT Security Spending in Government sector 2016-2020

About IT Security Spending in the Government Sector

In 2015, the global IT security spending in the government sector was in its growth stage and many government organizations adopted IT security solutions to improve their business operations and productivity. Increasing instances of identity theft, cybercrime, and insider fraud as well as increasing opportunities for hackers are compelling organizations to adopt IT security solutions. The global IT security spending in the government sector in APAC is likely to grow rapidly because of the rise in bring -your-own-device (BYOD) and choose-your-own-device policies and mobility services.

Cyber threats are creating vulnerabilities and posing a threat to critical IT infrastructure. Some vendors have started delivering IT security solutions for cloud, mobile, and social applications. New vendors offering customized products are likely to enter the market.

Small and medium-sized businesses (SMBs) tend to prefer software as a service (SaaS)-based IT security solutions because they do not require any additional IT infrastructure on the end-users' premises. Organizations have to securely manage and track the activities of users to reduce the risk of data breaches and ensure accountability.

Technavio’s analysts forecast the global IT security spending in the government sector to grow at a CAGR of 9.02% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global IT security spending in the government sector for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of IT security products and IT security services in the government sector.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global IT Security Spending in the Government Sector Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Check Point Software Technologies
  • Cisco Systems
  • Fortinet
  • Juniper Networks
Other prominent vendors
  • Arbor Networks
  • Barracuda Networks
  • Dell SonicWall
  • F5 Networks
  • FireEye
  • Palo Alto Networks
  • Sophos
  • Trend Micro
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
  • Popularity of SaaS-based IT security solutions
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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 in the Government Sector Market 2016-2020

Technavio recognizes the following companies as the key players in the Global IT Security Spending in the Government Sector Market: Check Point Software Technologies, Cisco Systems, Fortinet, and Juniper Networks.

Other Prominent Vendors in the market are: Arbor Networks, Barracuda Networks, Dell SonicWall, F5 Networks, FireEye, Palo Alto Networks, Sophos, and Trend Micro.

Commenting on the report, an analyst from Technavio’s team said: “The government sector is increasingly adopting SaaS-based security solutions because of the benefits they offer, which include the availability of pay-per-use models and instant access. In addition, SaaS-based security solutions automatically update the product, enabling it to respond to the latest security threats. The growing security requirements of government organizations are increasing the demand for SaaS-based IT security solutions. The growing demand for SaaS-based security solutions has outpaced the demand for traditional IT security solutions.”

According to the report, with the adoption of BYOD policies among federal agencies, federal employees are using their personal mobile devices such as smartphones, tablets, and laptops for work purposes. This has increased the demand for uninterrupted connectivity between corporate networks and employees' devices. Employees need to access and store confidential information on mobile devices, which has increased the need to protect data. The adoption of BYOD has been growing each year in the government sector.

Further, the report states that high implementation costs will refrain small enterprises in the government sector from adopting IT security solutions.

Companies Mentioned

Check Point Software Technologies, Cisco Systems, Fortinet, Juniper Networks, Arbor Networks, Barracuda Networks, Dell SonicWall, F5 Networks, FireEye, Palo Alto Networks, Sophos, Trend Micro.

  • Executive summary
    • Highlights
  • Scope of the report
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market description
    • Types of threats
    • Components of IT security
      • Table Components of IT security
    • Regulations related to IT security threats
    • Benefits of IT security solutions
  • Market landscape
    • Market overview
      • Table Overview of global IT security spending in government sector
    • Life cycle analysis
      • Table Life cycle analysis of IT security spending in government sector
    • Global IT security spending market
      • Table Global IT security spending market 2015-2020 ($ billions)
    • Share of government sector in the global IT security solutions market
      • Table Government sector in the global IT security solutions market 2015 (% share)
    • Global IT security spending in government sector
      • Table Global IT security spending in government sector 2015-2020 ($ billions)
  • Market segmentation by solution
    • Global IT security spending in government sector by solutions
      • Table Global IT security spending in government sector by solutions 2015-2020 (% share)
    • Global IT security products spending in government sector
      • Table Global IT security products spending in government sector 2015-2020 ($ billions)
    • Global IT security services spending in government sector
      • Table Global IT security services spending in government sector 2015-2020 ($ billions)
  • Geographical segmentation
    • Global IT security spending in government sector by geography
      • Table Global IT security spending in government sector by geography 2015-2020 (% share)
      • Table Global IT security spending in government sector by geography 2015-2020 ($ billions)
  • Market attractiveness
    • Table Market attractiveness 2015-2016
    • Table Market attractiveness 2019-2020
  • Buying criteria
    • Table Buying criteria for IT security spending in government sector
  • Market drivers
    • Table Data breaches 2014-2015
  • Market challenges
  • Market trends
  • Impact of trends
    • Table Impact of trends
  • Vendor landscape
    • Competitive scenario
    • Vendor comparison
      • Table Vendor comparison
  • Vendor matrix
    • Table Product offerings
  • Description of leading vendors
    • Vendor highlights
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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