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
Google+
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

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Exploits Released for As-Yet Unpatched Critical Citrix Flaw
Jai Vijayan, Contributing Writer,  1/13/2020
Microsoft to Officially End Support for Windows 7, Server 2008
Kelly Sheridan, Staff Editor, Dark Reading,  1/13/2020
Active Directory Needs an Update: Here's Why
Raz Rafaeli, CEO and Co-Founder at Secret Double Octopus,  1/16/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
The Year in Security: 2019
This Tech Digest provides a wrap up and overview of the year's top cybersecurity news stories. It was a year of new twists on old threats, with fears of another WannaCry-type worm and of a possible botnet army of Wi-Fi routers. But 2019 also underscored the risk of firmware and trusted security tools harboring dangerous holes that cybercriminals and nation-state hackers could readily abuse. Read more.
Flash Poll
[Just Released] How Enterprises are Attacking the Cybersecurity Problem
[Just Released] How Enterprises are Attacking the Cybersecurity Problem
Organizations have invested in a sweeping array of security technologies to address challenges associated with the growing number of cybersecurity attacks. However, the complexity involved in managing these technologies is emerging as a major problem. Read this report to find out what your peers biggest security challenges are and the technologies they are using to address them.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2014-5007
PUBLISHED: 2020-01-17
Directory traversal vulnerability in the agentLogUploader servlet in ZOHO ManageEngine Desktop Central (DC) and Desktop Central Managed Service Providers (MSP) edition before 9 build 90055 allows remote attackers to write to and execute arbitrary files as SYSTEM via a .. (dot dot) in the filename pa...
CVE-2020-5397
PUBLISHED: 2020-01-17
Spring Framework, versions 5.2.x prior to 5.2.3 are vulnerable to CSRF attacks through CORS preflight requests that target Spring MVC (spring-webmvc module) or Spring WebFlux (spring-webflux module) endpoints. Only non-authenticated endpoints are vulnerable because preflight requests should not incl...
CVE-2019-17635
PUBLISHED: 2020-01-17
Eclipse Memory Analyzer version 1.9.1 and earlier is subject to a deserialization vulnerability if an index file of a parsed heap dump is replaced by a malicious version and the heap dump is reopened in Memory Analyzer. The user must chose to reopen an already parsed heap dump with an untrusted inde...
CVE-2019-19339
PUBLISHED: 2020-01-17
It was found that the Red Hat Enterprise Linux 8 kpatch update did not include the complete fix for CVE-2018-12207. A flaw was found in the way Intel CPUs handle inconsistency between, virtual to physical memory address translations in CPU's local cache and system software's Paging structure entries...
CVE-2007-6070
PUBLISHED: 2020-01-17
** REJECT ** DO NOT USE THIS CANDIDATE NUMBER. ConsultIDs: CVE-2008-1382. Reason: This candidate is a reservation duplicate of CVE-2008-1382. Notes: All CVE users should reference CVE-2008-1382 instead of this candidate. All references and descriptions in this candidate have been removed to prevent ...