security spending — Industry Insights, Data, and Solutions For Business Leaders

Cybersecurity Spending for Critical Infrastructure to Surpass US$105 Billion in 2021 — Says ABI Research

Security spending in critical infrastructure has been little impacted by the Covid-19 pandemic, save for some reshuffling on where that spend is most needed. The effect has been mostly in increased demand for secure remote connectivity.

Nicholas CooperFebruary 15, 2021abi research, Cyber Security, Security, infrastructure, security spending, cyberattack

Ongoing Demand Will Drive Solid Growth Expected for Security Products and Services, According to New IDC Spending Guide

Worldwide spending on security products and services will see solid growth in 2020 as organizations invest in solutions to meet the needs of a much larger remote workforce and a wide range of security threats and requirements. Worldwide spending on security-related hardware, software, and services will be $125.2 billion in 2020, an increase of 6.0% over 2019. As the global economy recovers from the impact of COVID-19, worldwide security spending is set to reach $174.7 billion in 2024.

Most PopularMelissa FisherAugust 16, 2020IT security, telecom, security spending