DUBLIN, May 10, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global IT Security Spending in Government sector 2016-2020" report to their offering.
The global IT security spending in the government sector is expected to grow at a CAGR of 9.02% during the period 2016-2020.
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.
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.
- Check Point Software Technologies
- Cisco Systems
- Juniper Networks
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market description
PART 06: Market landscape
PART 07: Market segmentation by solution
PART 08: Geographical segmentation
PART 09: Market attractiveness
PART 10: Buying criteria
PART 11: Market drivers
PART 12: Market challenges
PART 13: Market trends
PART 14: Impact of trends
PART 15: Vendor landscape
PART 16: Vendor matrix
PART 17: Description of leading vendors
For more information visit http://www.researchandmarkets.com/research/ng64c8/global_it
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SOURCE Research and Markets