2017 is the year next-generation security providers need to step up to the plate
In 2017 the IT security market will continue to evolve to meet a new and ever-changing range of cybersecurity threats. In this context, IT security will increasingly be referred to generically as cybersecurity. This reflects the fact that more and more business is conducted online, more individuals and companies collaborate over networks, more data is held in the cloud, and more consumers interact almost exclusively with product and service providers on screens rather than face-to-face.
Meanwhile, the market for cybersecurity products is booming, as evidenced by its size in dollars, the amount of VC funding for start-ups, and the success of initial public offerings in this space. The market for security products and services is also changing, however, with increasing amounts of security functionality being delivered as a service from the cloud.