Tuesday, May 10th, 2016 - WiseGuyReports


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.

Complete report details @ https://www.wiseguyreports.com/reports/global-it-security-spending-in-government-in-government-sector-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 


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.

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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?

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Table of content

PART 01: Executive summary 
• Highlights 
PART 02: Scope of the report 
PART 03: Market research methodology 

• Research methodology 
• Economic indicators 
PART 04: Introduction 
• Key market highlights 
PART 05: Market description 
• Types of threats 
• Components of IT security 
• Regulations related to IT security threats 
• Benefits of IT security solutions 
PART 06: Market landscape 
• Market overview 
• Life cycle analysis 
• Global IT security spending market 
• Share of government sector in the global IT security solutions market 
• Global IT security spending in government sector 
PART 07: Market segmentation by solution 
• Global IT security spending in government sector by solutions 
• Global IT security products spending in government sector 
• Global IT security services spending in government sector 
PART 08: Geographical segmentation 
• Global IT security spending in government sector by geography 
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 

• Competitive scenario 
• Vendor comparison 
PART 16: Vendor matrix 
PART 17: Description of leading vendors 

• Vendor highlights 
• Other prominent vendors 
PART 18: Appendix 
• List of abbreviations 
PART 19: Explore Technavio 

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