The global security technology and services market is forecast to reach $67.2 billion in 2013, up 8.7 percent from $61.8 billion in 2012, according to Gartner.
“With security being one of the top IT concern areas, the prospect of strong continued growth is assured,” said Ruggero Contu, research director at Gartner. “The consistent increases in the complexity and volume of targeted attacks, coupled with the necessity of companies to address regulatory or compliance-related issues continue to support healthy security market growth.”
The market is expected to grow to more than $86 billion in 2016, Gartner said.
According to Gartner analysts, three main trends will help power the security market moving forward: mobile security, big data and advanced targeted attacks.
“To support the growing need for security analytics, changes in information security people, technologies, integration methods and processes will be required, including security data warehousing and analytics capabilities, and an emerging role for security data analysts within leading-edge enterprise information security organizations,” said Eric Ahlm, research director at Gartner.
“Mitigating the threat from ATAs requires a defense-in-depth strategy across multiple security controls,” added Lawrence Pingree, research director at Gartner. “Enterprises should employ a defense-in-depth, layered approach model. Organizations must continue to set the security bar higher, reaching beyond many of the existing security and compliance mandates in order to either prevent or detect these newly emergent attacks and persistent penetration strategies. This layered approach is typical of many enterprise organizations and is often managed in independent ways to accomplish stated security goals, namely, detect, prevent, respond and eliminate.”
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