Technology media and intelligence company TechTarget (NASDAQ: TTGT) today announced the release of its semi-annual Information Security Market Landscape Study™ published by TechTarget Research™ which shows Enterprise Mobility Management, Cloud Access Security Brokers and Threat Intelligence Services have a significant amount of planned adoption over the next 24 months by companies around the globe.
Fielded in Q4 2015, the findings are based on first party insight derived from in-depth interviews with decision makers that focuses on technology roadmaps, vendor performance and forward-looking spending plans for the Information Security industry. The report features a composition of over 400 global respondents from a blend of large enterprises (more than $2 billion in revenue) along with MSE and SMB organizations.
“Two thirds of the organizations that make up the TechTarget Research Peer Network plan to increase the volume of vendors that they will use in 2016,” notes Ken Male, Senior Vice President and General Manager, TechTarget Research. “Secular trends driving this are the move to the Cloud and the Mobile transformation organizations are going through. In addition, the evolution of better insight into malware has caused a strong growth spurt of Threat Intelligence Services that are becoming more widely adopted while capturing a significant percentage of overall Information Security spending,” continued Male.
To view a multimedia overview, click here: InfoSec Market Landscape.
Key Report highlights
TechTarget Information Security Technology Momentum Index™: The index stack ranks eleven (11) technologies. Those with the most “net new” planned implementations over the next 24 months, paired with a low adoption rate have the highest momentum. A hallmark of the research process is the capturing of the vendors that are in use and in plan. As of Q1, 2016 Cloud Access Security Broker resides in the top spot with Adallom (acquired by Microsoft), CipherCloud, Zscaler poised to benefit. Enterprise Mobility Management and Threat Intelligence Services round out the top 3 technologies in the index. Detailed below are the lead vendors in plan for the top 3 technologies.
Top 5 Vendors – Information Security Technology Momentum Index™
|1) Cloud Access Security Broker||2) Enterprise Mobility Management||3) Threat Intelligence Services|
|1. View in report||1. View in report||1. View in report|
|2. CipherCloud||2. View in report||2. FireEye|
|3. View in report||3. MobileIron||3. Symantec|
|4. View in report||4. IBM||4. View in report|
|5. CloudLock||5. View in report||5. View in report|
TechTarget Information Security Spending Index™: The Security Spending Index is a financial measure that factors in size of annual spend, frequency of spend, planned spending increase over the next 12 months and breadth of deployment for each of the eleven (11) technologies in the Market Landscape Study. Network Anomaly Detection, Application Security and Threat Intelligence Services are the top three (3) technologies that garnered significant spend in 2015 that is still increasing. An interesting dynamic in play is having Threat Intelligence Services reside in the top 3 in both the Momentum and Spending Indices demonstrating the significant spend that takes place once adopted to shield organizations from all types of malware.
“The factual, peer based data collected on a quarterly and semi-annual basis provides TechTarget Research tremendous visibility into technology adoption, vendor performance and detailed spending plans,” cites Male. “This latest Market Landscape study shows that 71% of organizations plan to increase their Information Security spend compared to 2015 with Regulatory Compliance and Mobility requiring the most resources from their organization.”
Vendors covered in this report include: Symantec (NSDQ: SYMC), Check Point (NSDQ: CHKP), FireEye (NSDQ: FIRE), Juniper (NYSE: JNPR), Cisco (NSDQ: CSCO) IBM (NYSE: IBM), Fortinet (NSDQ: FTNT), VMware (NYSE: VMW), Palo Alto Networks (NYSE: PANW), AlienVault, Hewlett Packard Enterprise (NYSE: HPE), Dell, AirWatch, Aspect Security, BlackBerry (NSDQ: BBRY), F5 (NSDQ: FFIV), Huawei, McAfee, Intel (NSDQ: INTC), MobileIron (NSDQ: MOBL), Qualys (NSDQ: QLYS) Verisign (NSDQ:VRSN) and others.
The Information Security Market Landscape Study is now available and will be updated on a semi-annual basis. If you are interested in getting more information and/or purchasing this report, contact Ken Male at 617-431-9480 email@example.com. To learn more about TechTarget Research services, click here.
About TechTarget Research
TechTarget Research, part of TechTarget’s global suite of IT Deal Alert™ products and services, leverages TechTarget’s demand-side data and analytics on technology deals across multiple sectors of the enterprise Information Technology (IT) market to build intelligence and reports around technology adoption, market share, vendor performance, and more. TechTarget Research focuses on providing in-depth and actionable IT market insight for enterprise IT professionals, the institutional investor community and technology vendors.
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