Beancounters at Gartner have had a quick look at the security market for the rest of this year and decided that there are opportunities on the services side.
It in its report, Big G said that the security market is set for a strong end to the year and a positive outlook for 2018, with those in the channel providing services in the best position.
Gartner is forecasting a seven percent year-on-year increase in global security spending in 2017 with the sector generating $86.4 billion in sales. That growth should continue into 2018, with the market hitting a value of $93 billion.
Punters apparently want infrastructure protection and security testing is popular area. DevOps will also drive a greater need for applications to be checked more closely, the Big G report said.
The fastest growing segment was security services, with those in the channel able to offer outsourcing consulting and implementation support the best placed to reap the rewards.
Managed security services will also become more blended with the offerings provided by MSPs over the next few years.
However the hardware is still pretty disappointing. Gartner claims that area coming under challenge from the growth of virtual appliances and the shift towards public cloud.
The security market is usually a strong segment given the need for customers to protect their data but the recent high profile breaches and ransomware attacks had also helped raise the levels of awareness.
Sid Deshpande, principal research analyst at Gartner said that rising awareness among CEOs and boards of directors about the business impact of security incidents and an evolving regulatory landscape have led to continued spending on security products and services.
He said the channel also has a role to play in continuing to educate customers about the basics of security to prevent further breaches.
“Improving security is not just about spending on new technologies. As seen in the recent spate of global security incidents, doing the basics right has never been more important. Organisations can improve their security posture significantly just by addressing basic security and risk related hygiene elements like threat centric vulnerability management, centralised log management, internal network segmentation, backups and system hardening,” said Deshpande.
