Market forecast: investments in IT security increase significantly

Global expenditure on IT sector security measures in 2015 is expected to rise by 4.7% compared to last year, reaching USD 75.4 billion. Government initiatives, stricter legal regulations and extensive attacks on companies’ data security are driving the development. The interest in security solutions for the cloud, mobile applications and the Internet of Things also continues to grow.

According to the market research institute Gartner, the biggest growth opportunities for companies active in the security sector lies in the areas of security checks, outsourcing of IT resources as well as identity and access management. When it comes to security solutions for individual workplaces and consumer products, however, the market is already largely covered. (Source: Gartner/rf)

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