IDC FutureScape: Worldwide Security Products and Services 2017 Predictions
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1 IDC FutureScape: Worldwide Security Products and Services 2017 Predictions Sean Pike, Program Vice President, Robert Ayoub, Research Director IDC Web Conference December, 7, 2016
2 Logistics Submit any questions to You can download today s presentation from the Resource List found in the lower left corner of the console Feedback can be provided via a short survey found by clicking the Survey icon on the bottom of the console For additional IDC FutureScape topics, visit and click on the Events tab To learn more about IDC s IT Executive Programs visit Join the Conversation in the IDC Community: Today s Speakers Sean Pike Program Vice President Robert Ayoub Research Director IDC Visit us at IDC.com and follow us on 2
3 IDC FutureScape: Worldwide Security Products and Services Note: The size of the bubble indicates complexity/cost to address. Source: IDC, By 2021, 50% of Online Transactions Will Use Biometric Authentication That's Enabled by Broad User Acceptance, Ubiquitous Technology Infrastructure, and Low Implementation Costs Prediction 2: By 2019, More Than 75% of IoT Device Manufacturers Will Improve Their Security and Privacy Capabilities, Making Them More Trustworthy Partners for Technology Buyers Prediction 3: By 2019, 70% of Major Multinational Corporations with Roots in the United States and Europe Will Face Significant Cybersecurity Attacks Aimed at Disrupting the Distribution of Commodities Prediction 4: Over the Next Two Years, 80% of Consumers in Developed Nations Will Defect from a Business Because Their Personally Identifiable Information Is Impacted in a Security Breach Prediction 5: By 2018, 70% of Enterprise Cybersecurity Environments Will Use Cognitive/AI Technologies to Assist Humans in Dealing with the Vastly Increasing Scale and Complexity of Cyberthreats Prediction 6: By 2017, 50% of Enterprise Customers Will Leverage Analytics as a Service to Help Solve the Challenge of Combing Through Security-Related Data and Events Prediction 7: By 2020, Cloud Security Gateway Functionality Will Begin to be Integrated as Part of Web Service Offerings to Entice IT Leaders to Move Offerings to the Cloud Prediction 8: By 2020, 30% of U.S. Broadband Homes Will Have At Least One IP-Enabled Home Automation or Security Monitoring Sensor/Device Prediction 9: By 2020, Over 80% of Enterprises Worldwide Will Invest in Incident Response Retainers Prediction 10: By 2020, More Than 25% of Enterprises Will Secure Their IT Architectures Through Cloud, Hosted, or SaaS Security Services IDC Visit us at IDC.com and follow us on 3
4 Drivers for Worldwide Security Products and Services Disruptive fault lines: Security, privacy, and regulation Connected conflict: Convergence of technology and privacy Talent crunch: Global demand for digital workers Shifting economics: Data as digital capital Everything, everywhere: The rise of computer-based intelligence For additional details on the above Drivers, please refer to report: IDC FutureScape: Worldwide Security Products and Services 2017 Predictions (IDC #US ) IDC Visit us at IDC.com and follow us on 4
5 IDC FutureScape: Security Products and Services Predictions Highlights Prediction 1: By 2021, 50% of Online Transactions Will Use Biometric Authentication That's Enabled by Broad User Acceptance, Ubiquitous Technology Infrastructure, and Low Implementation Costs Prediction 4: Over the Next Two Years, 80% of Consumers in Developed Nations Will Defect from a Business Because Their Personally Identifiable Information Is Impacted in a Security Breach Prediction 8: By 2020, 30% of U.S. Broadband Homes Will Have At Least One IP-Enabled Home Automation or Security Monitoring Sensor/Device Prediction 9: By 2020, Over 80% of Enterprises Worldwide Will Invest in Incident Response Retainers For additional details on all 10 Predictions, please refer to report: IDC FutureScape: Worldwide Security Products and Services 2017 Predictions (IDC #US ) IDC Visit us at IDC.com and follow us on 5
6 Prediction 1 - By 2021, 50% of Online Transactions Will Use Biometric Authentication That's Enabled by Broad User Acceptance, Ubiquitous Technology Infrastructure, and Low Implementation Costs IT Impact Guidance Support biometric auth. to reduce fraud cost Adopt a cost-efficient platform Organizations need to find the expertise to implement and support enterprises' solutions Need for fast path deployment Explore varied deployment options Recruit technical skill set required for implementation Note: The size of the bubble indicates complexity/cost to address. Source: IDC, 2016 IDC Visit us at IDC.com and follow us on 6
7 Prediction 4 Over the Next Two Years, 80% of Consumers in Developed Nations Will Defect from a Business Because Their Personally Identifiable Information Is Impacted in a Security Breach IT Impact Guidance Increased IT pressure Creates a time sink Continued need to focus attention on many egresses Limit access to sensitive data Modernize encryption Provide C-level visibility Note: The size of the bubble indicates complexity/cost to address. Source: IDC, 2016 IDC Visit us at IDC.com and follow us on 7
8 Prediction 8 By 2020, 30% of U.S. Broadband Homes Will Have At Least One IP-Enabled Home Automation or Security Monitoring Sensor/Device IT Impact Understand data obligations in this ecosystem PCI obligations Guidance Create an IoT security strategy Data, device, and safety must be considered Note: The size of the bubble indicates complexity/cost to address. Source: IDC, 2016 IDC Visit us at IDC.com and follow us on 8
9 Prediction 9 By 2020, Over 80% of Enterprises Worldwide Will Invest in Incident Response Retainers IT Impact Guidance Past crises have shifted budget from more strategic activities to IR This has pulled overall budget from needed security technology refresh Review retainer-based incident response plan Ensure inclusion of breach readiness offerings Note: The size of the bubble indicates complexity/cost to address. Source: IDC, 2016 IDC Visit us at IDC.com and follow us on 9
10 IDC FutureScape: Worldwide Security Products and Services Note: The size of the bubble indicates complexity/cost to address. Source: IDC, By 2021, 50% of Online Transactions Will Use Biometric Authentication That's Enabled by Broad User Acceptance, Ubiquitous Technology Infrastructure, and Low Implementation Costs Prediction 2: By 2019, More Than 75% of IoT Device Manufacturers Will Improve Their Security and Privacy Capabilities, Making Them More Trustworthy Partners for Technology Buyers Prediction 3: By 2019, 70% of Major Multinational Corporations with Roots in the United States and Europe Will Face Significant Cybersecurity Attacks Aimed at Disrupting the Distribution of Commodities Prediction 4: Over the Next Two Years, 80% of Consumers in Developed Nations Will Defect from a Business Because Their Personally Identifiable Information Is Impacted in a Security Breach Prediction 5: By 2018, 70% of Enterprise Cybersecurity Environments Will Use Cognitive/AI Technologies to Assist Humans in Dealing with the Vastly Increasing Scale and Complexity of Cyberthreats Prediction 6: By 2017, 50% of Enterprise Customers Will Leverage Analytics as a Service to Help Solve the Challenge of Combing Through Security-Related Data and Events Prediction 7: By 2020, Cloud Security Gateway Functionality Will Begin to be Integrated as Part of Web Service Offerings to Entice IT Leaders to Move Offerings to the Cloud Prediction 8: By 2020, 30% of U.S. Broadband Homes Will Have At Least One IP-Enabled Home Automation or Security Monitoring Sensor/Device Prediction 9: By 2020, Over 80% of Enterprises Worldwide Will Invest in Incident Response Retainers Prediction 10: By 2020, More Than 25% of Enterprises Will Secure Their IT Architectures Through Cloud, Hosted, or SaaS Security Services IDC Visit us at IDC.com and follow us on 10
11 Audience Q&A Today s Speakers Sean Pike Program Vice President Robert Ayoub Research Director Note: The size of the bubble indicates complexity/cost to address. Source: IDC, 2016 IDC Visit us at IDC.com and follow us on 11
12 IDC s CIO & Tech Exec Forum Join IDC s exclusive LinkedIn forum designed for IT executives for learning opportunities, direct access to IDC s industry experts and complimentary research. Join & Learn More! Please note: Membership is restricted to technology executives (i.e., CIOs, CSOs, CISOs, VPs, etc) or their equivalent involved in the purchase, evaluation or recommendation of IT products/services within their organizations. IDC Visit us at IDC.com and follow us on 12
13 The IDC Difference Global Market and Industry Expertise Influential Thought Leadership Personalized Client Engagement 13
14 IDC Offers Unmatched Global and Local Expertise More than 1,100 Analysts located in over 50 countries worldwide, with 49% of analysts in emerging markets Providing global, regional, and local expertise on technology & industry trends in over 110 countries Significant primary demandside research more than 300,000 end users surveyed annually 14
15 IDC s IT Executive Programs IDC s IT Executive Programs help today s time-constrained technology professionals make more effective technology decisions. How IDC helps: IDC DecisionScapes: Fact-based research methodologies to support decision making Industry specific expertise industry analysts with combined decades of industry experience Research supported by global analyst team with local insight Best in class concierge customer service to help you make decisions faster IDC Visit us at IDC.com/itexecutive 15
16 Industry Innovation IDC s Insights Lines of Business Help You Drive Industry Innovation Smart Oil and Gas Smart Utilities Smart Mining Leveraging the Healthcare Digital Convergence Improving Health Delivery Models Transforming Public Health Engaging Consumers Improving Performance Managing Risk Innovating Product Development Innovating Services Optimizing the Supply Chain Transforming Manufacturing Building Smart Cities Transforming Government Prioritizing Government Investments Creating the Omni-Channel Experience Maximizing Retail Investment IDC Visit us at IDC.com/itexecutive 16
17 International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 1,100 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. Since 1964, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, data, and marketing services company. Terms of Use: Except as otherwise noted, the information enclosed is the intellectual property of IDC, copyright Reproduction is forbidden unless authorized; contact permissions@idc.com for information. All rights reserved. 17
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