Transparency Market Research

Information Security Products and Services Market - Evolving Industry Trends and Key Insights by 2020

Information Security Products and Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

 

Albany, NY -- (SBWIRE) -- 04/26/2018 -- Increasing number of security breaches, sophistication of attacks and inability of existing cyber defense systems pose critical threats to any organization. Government and other data centric organizations are constantly challenged to cope up with increasing volume of data, its accessibility over a vast network and ultimately its security.

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Thereby, such organizations rely heavily on information security products and services to ensure confidentiality, integrity and availability of organizational data. Information security products and services perform tasks such as detection and protection against known threats, analysis and mitigation of unknown and advanced malware and investigation and remediation of breaches.

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Some of the major drivers for information security market include increasing volumes of critical data, increasing instances of security breaches, constant threat of attacks and outdated cyber defense systems in an organization.

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Other key factor contributing to information security market growth is adoption of Software as a Service (SaaS) based security solutions which enable organizations to reduce IT support costs by outsourcing their security requirements.