MESSAGE
| DATE | 2003-05-01 |
| FROM | Ruben Safir
|
| SUBJECT | Subject: [hangout] Future Jobs
|
IDC: Bright future for IT security services
By Paul Roberts, IDG News Service APRIL 29, 2003
The results of a new study from research firm IDC offer a strong
thumbs-up to the fast-evolving information security services sector,
predicting that the market for such services will increase to more
than $23.5 billion in the next four years.
The study, "Worldwide and U.S. Information Security Forecast 2003 --
2007," provides a five-year forecast for the information security
services market, which includes a wide range of activities, from
application testing to training and outsourced security strategy
planning, IDC said in a statement.
Demand for stronger application security and security for wireless
networks will drive the growth of the information security
services market, as will the continuing trend toward outsourcing
network-security functions such as application security testing,
disaster recovery and management of network security devices,
according to IDC.
Framingham, Mass.-based IDC predicted more than 20% annual growth
in spending for information security services because companies
are looking to security services providers to help them understand
security risks and develop comprehensive plans to address those
risks.
The competitive field for information security services has swelled
in recent years, as traditional players such as Atlanta-based
Internet Security Systems Inc. and McLean, Va.-based BearingPoint
Inc. (formerly KPMG Consulting Inc.) have found themselves
competing for security consulting and management business against
traditionally product-oriented companies such as Cupertino,
Calif.-based Symantec Corp.
Companies operating in the information security services space will
have to put more effort into differentiating the value of their
services from those of their competitors in order to win business,
IDC said.
For more news from IDG visit IDG.net Story copyright 2003
International Data Group. All rights reserved.
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