The rapidly evolving cloud infrastructure market is providing organizations around the world with new opportunities to improve operations through innovation. These capabilities are not only limited to the private sector, as government agencies and other public sector bodies will also begin to implement cloud services to enhance the way tasks are carried out.
A recent report by Gartner highlighted how the growing public cloud industry is changing how the government consumes security solutions because many of these will be hosted in cloud-based environments in the coming years. Furthermore, the ongoing adoption of various cloud computing services is forcing the public sector to prioritize the protection of their virtual infrastructure. As a result, the cloud will be incorporated into national infrastructure regulations by 2016, requiring decision-makers to implement advanced security tools.
“The popularity and increased adoption of cloud-based security services, albeit at different degrees, will influence the shape of future security marketplaces,” said Ruggero Contu, research director at Gartner. “Deployments of virtualization, and its replacing of traditional physical hardware platforms, are expected to impact the deployment model of future network security capabilities, which are expected to be based increasingly on virtual security appliances.”
Security’s future may rest in the clouds
Gartner analysts forecast growth rates for cloud-based security solutions to outpace premise-based offerings within the next three years because 10 percent of overall IT security applications will be delivered via the cloud by 2015. While this trend is likely to occur around the world, Gartner predicts North America will account for the majority of spending.
A separate report by Trend Micro highlighted similar findings, noting that the cloud security software market is forecast to expand at a compound annual growth rate of more than 41 percent through 2014, eventually generating more than $963 million in revenue.