Mary-Louise Hoffman
The federal information technology sector is forecast to experience an annual growth rate of 1.67 percent over the next five years, according to a market report from Reportstack.
Reportstack said Monday data sharing and collaboration among government agencies are among the key trends that will drive the market through 2019.
The departments of Homeland Security, Justice and Veterans Affairs, NASA and the Social Security Administration invest heavily in IT systems, the report states.
According to the report, rising cyber threats have prompted federal agencies to implement tools designed to secure networks and prevent data loss.
