10 Most Promising Enterprise Security Solution Providers - 2019

Worldwide spending on information security products and services will reach more than USD 114 billion in 2018, an increase of 12.4 percent from last year, according to the latest forecast from Gartner, Inc. In 2019, the market is forecast to grow 8.7 percent to USD 124 billion. The global cyber security market is swiftly growing as it is becoming increasingly difficult to keep pace with the rising malware at - tacks and cybercrimes on banking and financial institutions, healthcare organizations and government bodies, amongst several other industries across the world. Revolutionary technologies such as machine learning and big data have offered new capabilities and ease of working in the recent past. However, these technologies are also increasingly causing several industries to become more vulnerable to exploitation and cyber-attacks.

In 2018, worldwide spending on information security products and services is estimated by Gartner at USD 114 billion, an increase of 12.4 percent from last year. In 2019, the market is forecast to grow 8.7 percent to USD 124 billion. This pace of growth will outstrip general IT spending increases; the overall IT spending will only see a 3.2 percent bump this year. The main driver of this spending is cyber security concerns as well as changes in regulations. Research support this: 56 percent of companies report that they have increased security concerns while 37 percent report they must focus on recent changes to regulations. All of this results in the need to invest more in detection and response capabilities, especially innovative solutions that overcome traditional challenges and address digital business risks.

CIOReviewIndia acknowledges the bottlenecks in identifying and narrowing down on an apt partner who is capable of offering the perfect security solutions for helping enterprise business tackle security issues. Therefore, we present a list of 10 Most Promising Enterprise Security Solution Providers aiming to aid organizations in their security requirements. A distinguished panel comprising of CEOs, CIOs, industry analysts and CIOReviewIndia editorial team have scrutinized various companies before finalizing these vendors who succour their clients to fulfill their specific security needs, build excel - lent security shield around their clients business and assist them to focus on their core business.

We present to you CIOTechOutlook 10 Most Promising Enterprise Security Solution Providers - 2019.