TECH SUPPLIER Mar 2020 - Market Presentation - Doc # AP45227520

Australia and New Zealand Security Services: Key Trends to Optimise Security

By: Chayse GortonMarket Analyst, IT Services, Emily LynchAssociate Market Analyst

On-line Presentation


This IDC presentation is part of IDC Australia and New Zealand (ANZ)'s ICT Competitive Intelligence programme. The analysis is based on IDC's recently collected survey and tracker data related to the Australia and New Zealand security market. Research sources include IDC's 2019 IT Services Ecosystem Survey, IDC's 2019 IT Services Survey, and IDC's ANZ IT Services Tracker 1H19.

The presentation provides an overview of the key business and modernisation trends shaping the ANZ security market. Other points of interest include an overview of top security investment priorities across people, processes, and technology.

Chayse Gorton, market analyst, IT Services, IDC ANZ, says, "A company's security strategy needs to evolve as people, processes, and technology change. However, funding pressures will make it essential to target where investment gets directed."

A security-related services forecast is presented, which shows the security market's forecasted growth, in addition to which markets are expected to account for the highest share.

The report rounds off with IDC's view of what technology buyers should look for in a security provider and technology buyers' familiarity with security service providers in ANZ.

Gorton suggests, "Technology buyers must take a long-term view on security partnerships. They will be wise to partner with providers with a solid track record, innovative offerings, and a compatible ecosystem of partners."


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