Why digital business transformation depends on public cloud networking
Ongoing investment in cybersecurity solutions continues to grow.
consistent
with the newest worldwide
market study by Canalys, cybersecurity solutions for public cloud and 'as a
service' accelerated within
the half-moon of 2019.
Those deployment models collectively grew 46 percent year-on-year.
These sort of solutions accounted for 17.6 percent of the entire cybersecurity market price -- that's up from 13.8 percent within the same period a year ago. Virtual security appliances and agent solutions also grew significantly, up by 18.2 percent on an annual basis.
Cybersecurity solutions market development
Traditional security hardware and software deployments still dominate, representing almost 75 percent of the entire market. Both deployment models continued to grow but at a slower rate of just over 8 percent. This growth highlights the continued transition in cybersecurity solutions, as organisations look to guard more data assets and workloads located within the public cloud.
Moreover, IT vendors have introduced new ways of doing business with channels and enterprise customers in terms of buying , consumption and servicing -- also as helping simplify security operations within increasingly complex IT environments.
These sort of solutions accounted for 17.6 percent of the entire cybersecurity market price -- that's up from 13.8 percent within the same period a year ago. Virtual security appliances and agent solutions also grew significantly, up by 18.2 percent on an annual basis.
Cybersecurity solutions market development
Traditional security hardware and software deployments still dominate, representing almost 75 percent of the entire market. Both deployment models continued to grow but at a slower rate of just over 8 percent. This growth highlights the continued transition in cybersecurity solutions, as organisations look to guard more data assets and workloads located within the public cloud.
Moreover, IT vendors have introduced new ways of doing business with channels and enterprise customers in terms of buying , consumption and servicing -- also as helping simplify security operations within increasingly complex IT environments.
The worldwide cybersecurity market reached $9.7 billion in terms of shipments within the latest quarter -- that's up 14.2 percent from $8.5 billion in Q1 2018.
According to the Canalys assessment, enterprise IT investment in cybersecurity shows no sign of slowing down. "The security industry are going to be resistant to the increasingly challenging macro-economic and political environment," said Matthew Ball, principal analyst at Canalys.
There's a troubling trend that has raised awareness about the last word cost of an inadequate defence to counter online criminal activity. Recent high-profile ransomware attacks have resulted in some organisations paying large sums to regain access to critical IT systems and their related data.
Strengthening security strategies across devices, infrastructure, perimeters and applications will still be critical. Increasing employee training and gaining more comprehensive cybersecurity insurance also will be important.
As new cyber threats appear within the online arena, more security software startups will likely emerge, adding to an already crowded market. Product differentiation are going to be key, but also offering customers a choice of deployment models and simplified licensing are going to be vital.
Outlook for cybersecurity solutions growth
The challenge for enterprise organisations in both the general public and personal sectors is to take care of pace with the evolving and diverse range of online security threats. Many think they're too small or not high-profile enough to be targeted, but online hackers will seek to take advantage of any IT vulnerabilities.
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This threat landscape is creating opportunities for IT channel partners to expand their capabilities to supply more holistic cybersecurity offerings to assess, recommend, deploy, integrate and manage multi-vendor solutions and services incorporating several deployment models.
Overall, the channel represented 92.3 percent of the cybersecurity solutions shipment value within the half-moon of 2019.
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