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Gartner Forecasts Worldwide Cloud-Based Security Services to Grow 21 Per Cent in 2017

Cloud-Based Security Services Will Be Worth $9 Billion in 2020

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Growth in worldwide cloud-based security services will remain strong, reaching $5.9 billion in 2017, up 21 per cent from 2016, according to Gartner, Inc. Overall growth in the cloud-based security services market is above that of the total information security market. Gartner estimates the cloud-based security services market will reach close to $9 billion by 2020 (see Table 1).

Gartner analysts discussed cloud security trends during the Gartner Security & Risk Management Summit taking place in the US this week.

SIEM, IAM and emerging technologies are the fastest growing cloud-based security services segments.

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