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Palo Alto Networks accelerates its SD-WAN plans with a $420m CloudGenix acquisitionApril 08, 2020Software-defined wide-area networking (SD-WAN) has been growing in popularity, and in the coming years it is projected to be one of enterprise IT’s fastest-growing market segments. Since Palo Alto Networks does not like missing out on an opportunity, it should not be a surprise that the vendor spent a whopping $420m to acquire SD-WAN pure-play vendor CloudGenix. Clients, please log in to view the full content.Subscribers Only
Early insight: Impact of coronavirus on the cybersecurity technology industryMarch 25, 2020Coronavirus (COVID-19) is a global issue that is already having a widespread impact on nearly everyone on the planet. The situation is very fluid; anyone who thinks they know exactly what is going to happen is kidding themselves. However, as we have been tracking several fundamental security markets going back to 1997, I was able to go back to two disruptive events during that time—the dot-com bubble burst of 2001 and the global financial crisis of 2008—to provide some guidance on how the cybersecurity technology market will respond to the current crisis. I reviewed the pre-crash forecasts and the actual results for key security technologies like firewalls, IDS/IPS, and web and mail security to help guide my initial adjustments to my current forecasts. Clients, please log in to read the full content.Subscribers Only
Key Trends at RSA Conference 2020March 10, 2020RSA Conference 2020 took place in San Francisco at the end of February. This is the first event that analysts have attended as Omdia, the newly launched research brand of Informa Tech, combining market-leading analyst houses Ovum, IHS Markit TMT research, Tractica, and Heavy Reading.
Access control software gains stature but has yet to realize full potentialSeptember 30, 2019In the world of electronic access control systems, hardware has traditionally reigned supreme, the principal actor in granting or denying entry and passage into homes, buildings, and other physical spaces where access is sought. In this old paradigm, software typically played a secondary role, installed directly onto local control panels with its functionality limited to basic incident-reporting for security managers.
Apple to launch credit card to consolidate payments offeringsMarch 29, 2019Apple partners with Mastercard and Goldman Sachs to launch Apple Card in Summer 2019. This will be a credit card that can be applied for through the Wallet App.
Orange eyes mobile banking offerings for new revenue growthFebruary 01, 2019With 10 years’ experience in developing mobile money servicesin Africa, Orange further expanded its mobile financial services to include banking offerings in Q3 2017 by its acquisition of a 65% stake in Groupama Banque.Subscribers Only
Identity and access management shares for 2016 and competitive environmentMay 18, 2018The top 10 access management companies accounted for 38.8% of total global revenues in 2016. In contrast, the top 10 identity governance and administration companies accounted for 45.8% of total global revenues in 2016.
Identity governance and administration global revenue to reach nearly $6 billion by 2021March 26, 2018The global identity governance and administration (IGA) market is projected to increase from $3.2 billion in 2017 to $5.8 billion in 2021. It is growing faster than the access management area, which is a more mature market with higher revenue.
Access management global revenue to reach nearly $10 billion by 2021January 22, 2018The global access management market is projected to increase from $5.4 billion in 2016 to $9.6 billion in 2021. Companies with 5,000 or more employees are projected to contribute the largest revenue growth to the access management market over the next five years.
Blockchain Summit – Show Wrap-upDecember 01, 2017This week my colleagues and I attended the Blockchain Summit in London at Olympia Conference Centre. There were over 2000 attendees at the day conference and exhibition. This was 1500 more than the anticipated number of attendees. There were also 70 speakers, 70 sponsors and exhibitors.
Access to Apple’s NFC Chip Could Spur New Growth in Mobile Access Control CredentialsOctober 12, 2017Fewer than 1 million mobile credentials were downloaded by end users of mobile access solutions in 2016. However, this number is expected to increase rapidly during the next five years, reaching 44 million downloads by 2021.
Indian Smart Payment Cards Projected to Double to 342 Million Shipments by 2021July 25, 2017The Indian smart payment card market is projected to increase from 157 million shipments in 2016 to 342 million shipments in 2021.
Is a New Threat Emerging for Access Control Brands?July 17, 2017According to new research from IHS Markit, global PIAM market revenues, excluding Asia Pacific and Africa, amounted to just $136 million in 2016. However, this is forecast to grow rapidly to nearly $500 million by 2021.
Money 2020 Europe – Show Wrap-upJuly 06, 2017Last week I attended Money 2020 Europe in Copenhagen. There were between 5,000 and 6,000 attendees at the three day conference mingling in one exhibition area. There were also 400 speakers, 300 sponsors and exhibitors.
Biometrics in payment cards still niche but has potentialJune 16, 2017Although still niche, there is been much interest in incorporating biometrics in payment cards.
Biometric Payment Cards Are Coming but Will Take Time to Reach Mass Market, Says IHS MarkitJune 15, 2017The market for biometric payment cards is very much in its infancy. The latest research projects that world shipments will increase nearly 130-fold in four years, from 1.2 million in 2017 to around 155 million shipments in 2021.
eSIM Market Projected to Increase Nearly Nine-Fold, to Almost One Billion ShipmentsMay 03, 2017The embedded SIM (eSIM) market is projected to increase nearly nine-fold, from a relatively small base of 108.9 million shipments in 2016 to 986 million shipments in 2021, according to the latest research from IHS Markit. So what will drive growth in the eSIM sector over the next five years?
Merchant Payment Ecosystem 2017 - Show ReportMarch 03, 2017In February, I attended the 10th anniversary of the Merchant Payment Ecosystem Show in Berlin. There were over 800 attendees at three conferences mingling in one exhibition area. There were also 300 plus C-level executives, 145 speakers, 37 sponsors and 30 exhibitors.
What to watch for in the digital security market in 2017January 17, 2017As people slowly get back from their seasonal break and drag themselves in 2017, what is likely to happen in the digital security market over the coming year? IHS Markit predicts the key themes driving various digital security sectors in 2017.
RESEARCH NOTE - Microsegmentation to Play Bigger Role in Data Center SecurityDecember 28, 2016Following is information and insight from IHS Markit about our 2016 Cloud and Data Center Security Strategies and Vendor Leadership Global Service Provider Survey.