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
Threaded  |  Newest First  |  Oldest First
DevSecOps: The Answer to the Cloud Security Skills Gap
Lamont Orange, Chief Information Security Officer at Netskope,  11/15/2019
Attackers' Costs Increasing as Businesses Focus on Security
Robert Lemos, Contributing Writer,  11/15/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Navigating the Deluge of Security Data
In this Tech Digest, Dark Reading shares the experiences of some top security practitioners as they navigate volumes of security data. We examine some examples of how enterprises can cull this data to find the clues they need.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-6852
PUBLISHED: 2019-11-20
A CWE-200: Information Exposure vulnerability exists in Modicon Controllers (M340 CPUs, M340 communication modules, Premium CPUs, Premium communication modules, Quantum CPUs, Quantum communication modules - see security notification for specific versions), which could cause the disclosure of FTP har...
CVE-2019-6853
PUBLISHED: 2019-11-20
A CWE-79: Failure to Preserve Web Page Structure vulnerability exists in Andover Continuum (models 9680, 5740 and 5720, bCX4040, bCX9640, 9900, 9940, 9924 and 9702) , which could enable a successful Cross-site Scripting (XSS attack) when using the products web server.
CVE-2013-2092
PUBLISHED: 2019-11-20
Cross-site Scripting (XSS) in Dolibarr ERP/CRM 3.3.1 allows remote attackers to inject arbitrary web script or HTML in functions.lib.php.
CVE-2013-2093
PUBLISHED: 2019-11-20
Dolibarr ERP/CRM 3.3.1 does not properly validate user input in viewimage.php and barcode.lib.php which allows remote attackers to execute arbitrary commands.
CVE-2015-3166
PUBLISHED: 2019-11-20
The snprintf implementation in PostgreSQL before 9.0.20, 9.1.x before 9.1.16, 9.2.x before 9.2.11, 9.3.x before 9.3.7, and 9.4.x before 9.4.2 does not properly handle system-call errors, which allows attackers to obtain sensitive information or have other unspecified impact via unknown vectors, as d...