Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Endpoint

9/23/2015
03:45 PM
Connect Directly
Twitter
RSS
E-Mail
50%
50%

Gartner: Global Security Spending Rises Nearly 5% Despite 'Commoditization'

Security market to hit $75.4 billion in 2015, but endpoint and consumer software segments slowing due to saturation.

Security spending remains hot -- to the tune of $75.4 billion worldwide this year -- but signs of a slowdown are showing in certain segments such as endpoint and protection platforms and consumer products, according to new data from Gartner.

The security analyst firm estimates a 4.7% increase in security spending in 2015 over last year, an increase mainly driven by government projects, legislative pressures, and the long shadow of major data breaches around the globe. But Gartner warns that saturation of more mature and established security tools hampering overall growth.

Bigger security budgets are the reality for nearly half of the enterprises recently polled in the Dark Reading/InformationWeek 2015 Strategic Security Survey, with security accounting for anywhere from 1% to 10% of annual IT budgets at half of the organizations in the survey.

Gartner research analyst Elizabeth Kim says cloud, mobile computing, the Internet of Things, and advanced targeted attacks are driving security technology demand. Kim says these technologies are driving spending in newer generation products such as endpoint detection and remediation, threat intelligence, and cloud security offerings such as encryption. Even so, these newer product purchases aren't enough to provide a sufficient bump to counter the flattening of the more mature and commoditized product sectors.

The firm expects the market to grow at a CAGR of 7.4% through 2019, with the hottest security sectors being testing, outsourcing, and identity access and management.

Meanwhile, the top four security products in most organizations are the same-old, same-old: firewalls (91%), spam filters (88%), antivirus (83%), and VPNs (81%), according to the InformationWeek/Dark Reading survey, with each down a percentage point or two from 2014.

Other findings by Gartner in its "Forecast Analysis: Information Security, Worldwide, 2Q15 Update"

  • Up to 20% increase in security product pricing will quell some purchasing, mainly in Europe due to US dollar appreciation;
  • Data loss prevention (DLP) product market will drop through 2019 due to commoditization and lower-cost solutions;
  • Less than 5% of companies with more than 500 employees will buy unified threat management (UTM) products for their satellite offices by 2019 -- it's now mainly a small- to midsized business product;
  • 85% of network sandboxing functionality will be woven into network firewall and content security platforms by 2018.

"There's been a tremendous DLP adoption wave," says Lawrence Pingree, research director and analyst for Gartner, who co-authored the report. "We're seeing greater integration of DLP," which accounts for the drop in the dedicated DLP space, he says. "We will still see DLP playing a role in the future." 

Kelly Jackson Higgins is the Executive Editor of Dark Reading. She is an award-winning veteran technology and business journalist with more than two decades of experience in reporting and editing for various publications, including Network Computing, Secure Enterprise ... View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
News
A Startup With NSA Roots Wants Silently Disarming Cyberattacks on the Wire to Become the Norm
Kelly Jackson Higgins, Executive Editor at Dark Reading,  5/11/2021
Edge-DRsplash-10-edge-articles
Cybersecurity: What Is Truly Essential?
Joshua Goldfarb, Director of Product Management at F5,  5/12/2021
Commentary
3 Cybersecurity Myths to Bust
Etay Maor, Sr. Director Security Strategy at Cato Networks,  5/11/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: Google Maps is taking "interactive" to a whole new level!
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-21814
PUBLISHED: 2021-05-17
A heap based buffer overflow issue exists in GNU LibreDWG 0.10.2641 via htmlwescape ../../programs/escape.c:97.
CVE-2020-21815
PUBLISHED: 2021-05-17
A null pointer deference issue exists in GNU LibreDWG 0.10.2641 via output_TEXT ../../programs/dwg2SVG.c:114, which causes a denial of service (application crash).
CVE-2020-21816
PUBLISHED: 2021-05-17
A heab based buffer overflow issue exists in GNU LibreDWG 0.10.2641 via htmlescape ../../programs/escape.c:46.
CVE-2020-21817
PUBLISHED: 2021-05-17
A null pointer dereference issue exists in GNU LibreDWG 0.10.2641 via htmlescape ../../programs/escape.c:29. which causes a denial of service (application crash).
CVE-2020-21818
PUBLISHED: 2021-05-17
A heap based buffer overflow vulnerability exists in GNU LibreDWG 0.10.2641 via htmlescape ../../programs/escape.c:48.