Post by account_disabled on Dec 28, 2023 9:59:41 GMT
Short-term demand for cloud technology and remote worker security supports the growth of the total market. Gartner, Inc. reveals global spending on security technology and risk management will likely continue to grow throughout this year. Even though the growth was lower than previously projected. Information security spending will grow 2.4% to approximately $120 billion in 2020 (see Table 1), down 8.7% from the December 2019 forecast. The coronavirus has affected short-term demand in areas such as cloud adoption, remote working technologies and cost-saving measures.
Lawrence Pingree, deputy managing director of Gartner, said: “We expect security to be negatively impacted by the COVID-19 crisis. Like other IT markets, the security Email Data software and services market will experience a temporary halt in growth and decline in 2020. However, there are still factors supporting certain segments of the security market, such as cloud-based security technology or subscription-based cloud usage. with rates increasing according to needs and formats of services Some types of security spending are still being considered and positive trends should not be ruled out,” Lawrence told com. iq2bfb7caf98aaa7bde5ec39c28a5f7338-1iq2bfb7caf98aaa7bde5ec39c28a5f7338-0 The continued evolution of cloud-based delivery models has made the security market more resilient to slowdowns. With an average share of 12% of total cloud security deployments in 2019, according to Gartner research. revealed that cloud-based basic service models dominate the market at more than 50%, such as email security and web gateways.
Network security devices include firewall devices. Intrusion detection and prevention systems will be most severely affected by spending cuts this year. It is expected that consumers will reduce their spending on security software in 2020. Gartner clients can learn more in the reports “Forecast: Information Security and Risk Management, Worldwide, 2018-2024, 1Q20 Update” and “Forecast Alert: Impact of COVID-19 on the Information Security Software.” and Services Markets.” Learn how to lead your organization through the coronavirus situation at the Gartner coronavirus resource center, a collection of research and webinars. So that every organization can use it to prepare, manage, and prepare to deal with the impacts and rapid changes caused by the spread of the COVID-19 virus. About Gartner Gartner , Inc. (NYSE: IT) is the world's leading research and consulting company.
Lawrence Pingree, deputy managing director of Gartner, said: “We expect security to be negatively impacted by the COVID-19 crisis. Like other IT markets, the security Email Data software and services market will experience a temporary halt in growth and decline in 2020. However, there are still factors supporting certain segments of the security market, such as cloud-based security technology or subscription-based cloud usage. with rates increasing according to needs and formats of services Some types of security spending are still being considered and positive trends should not be ruled out,” Lawrence told com. iq2bfb7caf98aaa7bde5ec39c28a5f7338-1iq2bfb7caf98aaa7bde5ec39c28a5f7338-0 The continued evolution of cloud-based delivery models has made the security market more resilient to slowdowns. With an average share of 12% of total cloud security deployments in 2019, according to Gartner research. revealed that cloud-based basic service models dominate the market at more than 50%, such as email security and web gateways.
Network security devices include firewall devices. Intrusion detection and prevention systems will be most severely affected by spending cuts this year. It is expected that consumers will reduce their spending on security software in 2020. Gartner clients can learn more in the reports “Forecast: Information Security and Risk Management, Worldwide, 2018-2024, 1Q20 Update” and “Forecast Alert: Impact of COVID-19 on the Information Security Software.” and Services Markets.” Learn how to lead your organization through the coronavirus situation at the Gartner coronavirus resource center, a collection of research and webinars. So that every organization can use it to prepare, manage, and prepare to deal with the impacts and rapid changes caused by the spread of the COVID-19 virus. About Gartner Gartner , Inc. (NYSE: IT) is the world's leading research and consulting company.