{"id":2927,"date":"2017-06-15T11:02:09","date_gmt":"2017-06-15T11:02:09","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=2927"},"modified":"2020-02-27T09:31:57","modified_gmt":"2020-02-27T09:31:57","slug":"gartner-forecasts-worldwide-cloud-based-security-services-grow-21-per-cent-2017","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/gartner-forecasts-worldwide-cloud-based-security-services-grow-21-per-cent-2017\/","title":{"rendered":"Gartner Forecasts Worldwide Cloud-Based Security Services to Grow 21 Per Cent in 2017"},"content":{"rendered":"
\"Gartner<\/a>
Gartner Forecasts Worldwide Cloud-Based Security Services to Grow 21 Per Cent in 2017<\/figcaption><\/figure>\n

<\/h2>\n

Cloud-Based Security Services Will Be Worth $9 Billion in 2020<\/em><\/strong><\/h2>\n

NATIONAL HARBOR, MD, 15 June, 2017 \u2014 Growth in worldwide cloud-based security services will remain strong, reaching $5.9 billion in 2017, up 21 per cent from 2016, according to Gartner, Inc. Overall growth in the cloud-based security services market is above that of the total information security market. Gartner estimates the cloud-based security services market will reach close to $9 billion by 2020 (see Table 1).
\nGartner analysts discussed cloud security trends during the Gartner Security & Risk Management Summit taking place in the US this week.
\n <\/p>\n

SIEM, IAM and emerging technologies are the fastest growing cloud-based security services segments.<\/strong><\/h2>\n

“Email security, web security and identity and access management (IAM) remain organisations’ top-three cloud\u00a0priorities,” said Ruggero Contu, research director at Gartner. Mainstream services that address these priorities, including security information and event management (SIEM) and IAM, and emerging services offer the most significant growth potential.
\nEmerging offerings are among the fastest-growing segments and include threat intelligence enablement, cloud-based malware sandboxes<\/a>, cloud-based data encryption, endpoint protection management, threat intelligence and web application firewalls (WAFs).
\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Table 1: Worldwide Cloud-Based Security Services Forecast by Segment (Millions of Dollars)<\/strong><\/td>\n<\/tr>\n
Segment<\/strong><\/td>\n2016<\/strong><\/td>\n2017<\/strong><\/td>\n2018<\/strong><\/td>\n2019<\/strong><\/td>\n2020<\/strong><\/td>\n<\/tr>\n
Secure email gateway<\/td>\n654.9<\/td>\n702.7<\/td>\n752.3<\/td>\n811.5<\/td>\n873.2<\/td>\n<\/tr>\n
Secure web gateway<\/td>\n635.9<\/td>\n707.8<\/td>\n786.0<\/td>\n873.2<\/td>\n970.8<\/td>\n<\/tr>\n
IAM, IDaaS, user
\nauthentication<\/td>\n		1,650.0<\/td>\n2,100.0<\/td>\n2,550.0<\/td>\n3,000.0<\/td>\n3,421.8<\/td>\n<\/tr>\n
Remote vulnerability assessment<\/td>\n220.5<\/td>\n250.0<\/td>\n280.0<\/td>\n310.0<\/td>\n340.0<\/td>\n<\/tr>\n
SIEM<\/td>\n286.8<\/td>\n359.0<\/td>\n430.0<\/td>\n512.1<\/td>\n606.7<\/td>\n<\/tr>\n
Application security testing<\/td>\n341.0<\/td>\n397.3<\/td>\n455.5<\/td>\n514.0<\/td>\n571.1<\/td>\n<\/tr>\n
Other cloud-based security
\nservices<\/td>\n		1,051.0<\/td>\n1,334.0<\/td>\n1,609.0<\/td>\n1,788.0<\/td>\n2,140.0<\/td>\n<\/tr>\n
Total Market<\/strong><\/td>\n4,840.1<\/strong><\/td>\n5,850.8<\/strong><\/td>\n6,862.9<\/strong><\/td>\n7,808.8<\/strong><\/td>\n8,923.6<\/strong><\/td>\n<\/tr>\n
IDaaS = identity and access management as a service
\nNote: Numbers may not add to totals shown due to rounding.
\nSource: Gartner (June 2017)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/strong><\/p>\n

Increasing security threats, operational and cost benefits and staffing pressure drive <\/strong>market growth.<\/strong><\/h2>\n

Small and midsize businesses (SMBs) are driving growth as they are becoming increasingly aware of securitythreats. They are also seeing that cloud deployments provide opportunities to reduce costs, especially for powering and cooling hardware-based security equipment and data centre floor space.
\n“The cloud medium is a natural fit for the needs of SMBs. Its ease of deployment and management, pay-as-you-consume pricing and simplified features make this delivery model attractive for organisations that lack staffing resources,” said Mr Contu.
\nThe enterprise sector is also driving growth as they realise the operational benefits derived from a cloud-based security delivery model.
\n“Cloud-based delivery models will remain a popular choice for security practices, with deployment expanding further to controls, such as cloud-based sandboxing and WAFs,” said Mr Contu. According to a global survey conducted by Gartner at the beginning of 2016, public cloud will be the prime delivery model for more than 60% of security applications by the end of 2017.
\n“The ability to leverage security controls that are delivered, updated and managed through the cloud \u2014 and therefore require less time-consuming and costly implementations and maintenance activities \u2014 is of significant value to enterprises,” said Mr Contu.
\n <\/p>\n

Cloud-based security services market growth presents opportunities and challenges for providers.<\/strong><\/h2>\n

“On the one hand, new greenfield<\/a> demand arising from emerging requirements from SMBs is driving growth. On the other hand, new competitive dynamics and alternative pricing practices threaten traditional business models,” said Mr Contu. Providers need to adapt to the shift from an on-premises to a cloud-delivery business model. “Overall, one of the main focus areas for providers relates to the shift from owning and selling a product, to selling and supporting ongoing service delivery.”
\nVisit the Gartner Digital Risk & Security hub for complimentary research and webinars.
\nGartner clients can learn more about the cloud-based security services market in Market Trends: Global Demand for Cloud-Based Security Is Growing Through 2020.
\nGartner analysts will provide additional analysis on IT security trends at the Gartner Security & Risk Management Summits 2017 taking place in Tokyo; Mumbai, India; Sao Paulo; Sydney; London; and Dubai. Follow news and updates from the events on Twitter at #GartnerSEC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cloud-Based Security Services Will Be Worth $9 Billion in 2020 NATIONAL HARBOR, MD, 15 June, 2017 \u2014 Growth in worldwide cloud-based security services will remain strong, reaching $5.9 billion in 2017, up 21 per cent from 2016, according to Gartner, Inc. Overall growth in the cloud-based security services market is above that of the total […]<\/p>\n","protected":false},"author":9,"featured_media":2931,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[25,1],"tags":[],"acf":[],"yoast_head":"\nGartner Forecasts Worldwide Cloud-Based Security Services to Grow 21 Per Cent in 2017 - OpenBusinessCouncil Directory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.footballthink.com\/gartner-forecasts-worldwide-cloud-based-security-services-grow-21-per-cent-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gartner Forecasts Worldwide Cloud-Based Security Services to Grow 21 Per Cent in 2017\" \/>\n<meta property=\"og:description\" content=\"Cloud-Based Security Services Will Be Worth $9 Billion in 2020 NATIONAL HARBOR, MD, 15 June, 2017 \u2014 Growth in worldwide cloud-based security services will remain strong, reaching $5.9 billion in 2017, up 21 per cent from 2016, according to Gartner, Inc. 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