VentureBeat July 5, 2022
- Gartner predicts end-user spending for the information security and risk management market will grow from $172.5 billion in 2022 to $267.3 billion in 2026, attaining a compound annual growth rate (CAGR) of 11%.
- Cybersecurity Ventures expects global cybercrime costs to grow by 15% per year over the next five years, reaching $10.5 trillion annually by 2025, up from $3 trillion in 2015.
- AI adoption and sales within cybersecurity platforms are projected to grow from $10.5 billion in 2020 to $46.3 billion in 2026, attaining a 28% CAGR in the forecast period.
Why cybersecurity spending Is resilient
Cybersecurity tech stacks must close the gaps that leave human and machine endpoints, cloud infrastructure, hybrid...