Big Data is redefining the Multi-Billion Security industry

Security

A recent study by ASIS International and the Institute of Finance and Management (IOFM) called “The United States Security Industry: Size and Scope Insights, Trends, and Data” published some very interesting stats:

  • $350 Billion market breaks out to $282 billion in private sector spending and $69 billion in federal goverment spending on homeland security
  • The number of full-time security workers is estimated to be between 1.9 and 2.1 million.
  • Operational (non-IT) private security spending is estimated to be $202 billion with expected growth of 5.5 percent in 2013; IT-related private security market is estimated at $80 billion with growth of 9 percent projected for 2013

I’m interested particularly in the Tech market, focused in three key sectors: Cloud Security, Mobile Security and Network Security. I have written some posts about Security, because I enjoy to study this market, and with the increasing interest for enterprise and personal privacy; I know that this market have the potential to grow exponentially.

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