TECH SUPPLIER Dec 2020 - Market Perspective - Doc # LA45919620

Latin America Cloud Security for Digitized Infrastructure

By: Carlo DávilaResearch Manager, Enterprise Trackers, IDC WW

Abstract

This document aims to deliver an analysis of the changes in the market related to acceleration in Digital Transformation and its impact on digitized infrastructure and related security consumption. The increase in cloud services consumption has also led to the increase in cloud security adoption and this represents a need for hiring security services consulting. These kinds of services should help organizations to identify the security capabilities embedded with the cloud service they are consuming and also to identify additional security layers that need to be aggregated in line with specific security requirements, industry regulations or country laws for data protection.

"It is important to mention that organizations in Latin America that do understand their responsibilities in cloud, are also changing the way they consume security solutions linked to their cloud services consumption. Cloud Security is expected to represent 20% of the total investment in security products in Latin America by the end of 2020 and by 2024 should represent about 35%," writes Carlo Davila, IDC Latin America Senior Analyst.


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