Market Research Update Global IT Security Spending in Government sector 2

IT Security Spending in Government sector Market by Growth, Region and Forecast To 2020
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.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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government-sector-2016-2020
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
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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