The report, now available on ASDReports, recognizes the following companies as the key players in the Global IT Security Spending in the Government Sector Market: Check Point Software Technologies, Cisco Systems, Fortinet, and Juniper Networks.
Other Prominent Vendors in the market are: Arbor Networks, Barracuda Networks, Dell SonicWall, F5 Networks, FireEye, Palo Alto Networks, Sophos, and Trend Micro.
Commenting on the report, an analyst said: “The government sector is increasingly adopting SaaS-based security solutions because of the benefits they offer, which include the availability of pay-per-use models and instant access. In addition, SaaS-based security solutions automatically update the product, enabling it to respond to the latest security threats. The growing security requirements of government organizations are increasing the demand for SaaS-based IT security solutions. The growing demand for SaaS-based security solutions has outpaced the demand for traditional IT security solutions.”
According to the report, with the adoption of BYOD policies among federal agencies, federal employees are using their personal mobile devices such as smartphones, tablets, and laptops for work purposes. This has increased the demand for uninterrupted connectivity between corporate networks and employees’ devices. Employees need to access and store confidential information on mobile devices, which has increased the need to protect data. The adoption of BYOD has been growing each year in the government sector.
Further, the report states that high implementation costs will refrain small enterprises in the government sector from adopting IT security solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: May 10, 2016