Internet Security Business to Reach $7 Billion by 2020
According to the latest research by IDC, the security software market in Western Europe is expected to reach $ 7 billion within 4 years.
There are many reasons behind this result of the research which flashed the $7 billion for every IT firms fight form. According to experts: more frequent and more sophisticated cyber attacks, the need for companies to comply with the legislation in terms of privacy protection, or digital transformations and the progress of the IoT which weaken security perimeters.
Traditional solutions must now be combined to more proactive approaches. IDC projects including reviving the segment via the replacement of on-premise solutions with cloud alternatives. Sectors of the IAM and SVM should also know a nice progression.