Albany, NY -- (SBWIRE) -- 07/21/2016 -- IT security is used to protect data and information of single-user or multi-user networks. It protects data and information from unauthorized access and modification. IT security refers to measures taken to detect, monitor, report, and counter such threats. IT security spending refers to the expense incurred by enterprises and government organizations to secure their data, systems, and networks. It also includes expenses incurred while securing computers, communications, and information and data. IT security spending is a long-term investment to save and protect critical data.

The global IT security spending market to grow at a CAGR of 9.88% over the period 2014-2019. This report covers the present scenario and the growth prospects of the global IT security spending market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of the following:
- Products
- Services

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It also presents the vendor landscape and a corresponding detailed analysis of the top eight vendors in the market. In addition, the report discusses the major drivers that influence the growth of the global IT security spending market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in
the market.

Technavio's report, Global IT Security Spending Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global IT security spending market landscape and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

Key Vendors
- Check Point Software Technologies
- Cisco Systems
- EMC
- Fortinet
- Juniper Networks
- McAfee
- Palo Alto Networks
- Symantec
- Trend Micro

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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