IT Security

October 2018

Sectorwatch

The rising incidences of cyber-attacks and cyber threats have given way to the development of this market. As more companies/entities store sensitive data in the cloud, it become more susceptible to such attacks. Other key factors promoting the development of this market is the need for stringent compliance and regulatory requirements by governments and international bodies. Managed security is one of the most preferred technologies, which is growing rapidly to relax operations and management in banking, telecommunications, and healthcare.

Industry Trends:

  • Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
  • Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
  • Current EBITDA margin exceeds the average of the last 3 years EBITDA margin, a condition that may attract new entrants