IPv6 and HSPD-12 drive growth in federal IT spending

RESTON, Va., 10 Sept. 2007.Information Technology (IT) security spending by the U.S. Federal Government is expected to increase from $5.9 billion in 2007 to $7.4 billion by 2012, according to the Federal Information Security Market Forecast 2007-2012 recently released by Input. Growth is expected to be driven by spending on Identity and Access Management and Security Operations, while FISMA Compliance spending flattens.

Investments in HSPD-12 will drive growth in Identity and Access Management as agencies comply with the directive and the federal government moves toward a federated identity management environment.

The other key area of investment anticipated is in Security Operations, which entails activities such as managed security services, patch management, intrusion detection, and response. The report identifies the continued increase in the complexity of computer systems and networks, as well as required compliance with IPv6 as key drivers of spending in this segment.

Input's Federal Information Security Market Forecast 2007-2012 is available to INPUT Network members subscribing to the Federal Information Security Solution program.