Friday, 14 July 2017

Analysts Forecast the Global IT Security Spending in Government sector to grow at a CAGR of 9.02% during the period 2016-2020

ResearchMoz added Latest Research Report titled " Global IT Security Spending in Government sector 2016-2020 " to it's Large Report database.

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.

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Technavios analysts forecast the global IT security spending in the government sector to grow at a CAGR of 9.02% during the period 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
APAC
EMEA

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.

Browse more details @ http://www.researchmoz.us/global-it-security-spending-in-government-sector-2016-2020-report.html

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

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