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News

Federal IT security market report available

Research And Markets : 25 September, 2008  (New Product)
Information security market report covering the next five years covering the US federal government is now available from Research and Markets
Research and Markets has announced the addition of the 'Federal Information Security Market Forecast 2008 - 2013' report to their offering.

This Federal Information Security Market Forecast 2008 - 2013 identifies and analyses drivers, trends and the major business segments that will shape the size and direction of the federal information security market place.

This Information Security Market Forecast 2008 - 2013 illustrates that demand for vendor-furnished information security products and services by the US federal government will increase from $6.6 billion in 2008 to $9.6 billion in 2013 at a compound annual growth rate (CAGR) of 7.9%.

This report identifies and analyzes the trends and drivers impacting this market growth and identifies and sizes the following six major segments within the federal Information Security marketplace:.

Security Operations:

* Planning, Policy and Program Management
* Compliance
* Identity and Access Management
* Training, Education and Awareness
* Infrastructure Security

When forecasting the market INPUT considers various factors, including information security specific legislation and regulations, the business needs of the government, and the threat environment.

Key forces currently driving the market include:.

* A multitude of recent data loss and theft incidents
* Heightened attacks from resourceful and funded cyber enemies
* Increased Congressional scrutiny over the lack of secure systems
* Existing security directives as well as new data protection requirements

These factors have culminated in increased attention to and funding for information security products and services throughout the federal government.
This year's report includes information security market sizing for the Civilian, Defense, and Intelligence communities and a detailed look at the major information security initiatives in each. Given the numerous stress points and the high visibility of information security, this market will remain an attractive market for the years ahead
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