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November 2018
IT Security
Sectorwatch
Cybersecurity concerns continues to grow as organizations globally struggle with technology changes affecting them. According to Gartner, security leaders are striving to help organizations securely use technology platforms to become more competitive and drive growth for the business. Threats to technology and its supporting process are increasing in number and sophistication, thereby, making the market very active.
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