FREE SUMMARY:

Federal Information Security Market, FY 2016 - 2021

Deltek's Federal Information Security Market, 2016-2021 examines the trends and drivers shaping the federal information security marketplace and provides a forecast for the next five years.

Recurrent breaches, diverse and persistent threats, and exponential growth in technology and data reliance make securing federal information systems a critical priority. Internal and external threats to systems continue to grow in scope and sophistication. The challenge is magnified by the complexity involved with deploying mobile and cloud-based technologies alongside legacy systems and environments. Agencies will continue to look to industry partners for the skill sets, services, processes, and tools necessary to mount both defensive and offensive cybersecurity strategies.

Deltek forecasts the demand for vendor-furnished information security products and services by the U.S. federal government will increase from $9.3 billion in FY 2016 to $12.0 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%.