Due to the fact that companies around the world continue to actively introduce advanced technology to improve cyber security, Gartner analysts believe that in 2013, the global market of technology and security services will increase by 8.7% with $61.8 billion in 2012 to $67.2 billion. By 2016, this figure will have reached $86 billion.
“With security being one of the top IT concern areas, the prospect of strong growth is assured. The 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,” Gartner Research Director Ruggero Contu said.
According to Gartner forecasts, the formation of the market can be carried out basing on three different tendencies: mobile security, “big data” and sophisticated targeted attacks.
“When asked about the new kinds of information they anticipate as being disruptive in the next few years, half of the respondents to Gartner's 2013 Worldwide CEO and Senior Executive Survey could not provide an answer or name a technology,” Gartner Country manager for Research (India) Partha Iyengar claimed.
Full report by Gartner may be found here.
