Security Market Analysis of Three Major Trends

Security Market Analysis of Three Major Trends

I’ve been thinking lately about the actual size of the security market, and it never fails to amaze me just how many unique products and services that are offered to help ensure the safety and security of people and things.

It seems Gartner, Inc. is just as fascinated, because they recently analyzed and forecasted that the worldwide security technology and services market will reach $67.2 billion in 2013. Now, that’s great news! And, what’s even better news? The firm also projected this same market would grow to more than $86 billion in 2016.

So, with dollar amounts growing, what should the IT security industry focus on to enhance their financial growth?

Of course, the BYOD trend is expected to highly-influence this projected growth, but Gartner analysts also mentioned three other main trends:

  1. Mobile security

    Security Market Analysis of Three Major TrendsMobile device management technologies (MDM), such as mobile VDI, containers, app wrapping and device virtualization used to segregate personal data from corporate data on personal devices will see advancement throughout 2013. Also, it seems that HTML5 apps will become the preferred way to deliver enterprise apps because they are simple, cheaper to develop and have lower maintenance costs. And, a final note about mobile security: business models are developing around user preferences and activity history, which could eventually lead to more pervasive mobile data collection.

  2. Big Data

    Security Market Analysis of Three Major TrendsBig Data requires security systems to adopt intelligence-driven security models that are more risk-aware, contextual and agile to protect against illicit activities and advanced cyber threats. This means that security teams are going to need analysts to combine data with a deep understanding of business risks and cyber-attack techniques.

  3. Advanced targeted attacks (ATA)

    Security Market Analysis of Three Major TrendsAttackers with financial motivation tend to devise strategies to penetrate signature-based antivirus and intrusion prevention by deploying malware for the initial breach and the data-gathering phase. Once inside the system, advanced hackers can actively remain persistent on the organization’s internal network.

Defense against “ATAs requires a defense-in-depth strategy across multiple security controls,” said Lawrence Pingree, research director at Gartner. “Enterprises should employee a defense-in-depth, layered approach model to accomplish security goals, namely detect, prevent, respond and eliminate.”

Sources: 
http://www.eweek.com/small-business/security-technology-market-to-reach-86b-in-2016-gartner/ 
http://www.cio.com/article/731749/4_Mobile_Security_Predictions_to_Help_CIOs_Plan_for_the_Future 
http://www.mckinsey.com/insights/business_technology/big_data_the_next_frontier_for_innovation 
http://www.emc.com/collateral/industry-overview/big-data-fuels-intelligence-driven-security-io.pdf

About the Author

Ginger Hill is Group Social Media Manager.

Featured

  • Mall of America Deploys AI-Powered Analytics to Enhance Parking Intelligence

    Mall of America®, the largest shopping and entertainment complex in North America, announced an expansion of its ongoing partnership with Axis Communications to deploy cutting-edge car-counting video analytics across more than a dozen locations. With this expansion, Mall of America (MOA) has boosted operational efficiency, improved safety and security, and enabled more informed decision-making around employee scheduling and streamlining transportation for large events. Read Now

  • Security Industry Association Launches New “askSIA” AI Tool

    The Security Industry Association (SIA) has unveiled a brand-new SIA member benefit – askSIA, a conversational AI agent designed to help users get the most out of their SIA membership, easily access SIA resources and find the latest information on SIA’s training and courses, reports and publications, events, certification offerings and more. SIA members can easily find askSIA by visiting the SIA homepage or looking for the askSIA icon in the top left of webpages. Read Now

    • Industry Events
  • Industry Embraces Mobile Access, Biometrics and AI

    A combination of evolving workplace dynamics, technology innovation and new user expectations is changing how people enter and interact with physical spaces. Access control is at the heart of these changes. Combined with biometrics and AI, mobile access control has become increasingly crucial for deploying entry solutions that are seamless, secure and adaptive to user needs. Read Now

  • Sustainable Video Solution Delivered for Landmark City of London Office Development

    An advanced, end-to-end video solution from IDIS, with a focus on reducing waste and costs, has helped a major office development in the City of London align its security with sustainability objectives. Read Now

  • DHS to End ‘Shoes-Off’ Travel Policy

    Homeland Security Secretary Kristi Noem announced a new policy today which will allow passengers traveling through domestic airports to keep their shoes on while passing through security screening at TSA checkpoints. Read Now

New Products

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises.

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.