Cybersecurity Dive September 5, 2024
The continuation of annual double-digit growth rates, 15% next year, comes as organizations consolidate spending and reassess EPP and EDR needs.
Dive Brief:
- Global spending on information security is projected to reach almost $212 billion next year, a 15% increase from 2024, Gartner said last week in its latest forecast on security spending.
- The security software segment, which includes endpoint protection platforms, captures the majority of information security spending globally. Gartner forecasts spending on security software will increase 15% to nearly $101 billion in 2025.
- The research firm’s forecast for 2025 includes a 15.6% jump in security services spending, which is expected to exceed $86 billion, and a 13% increase in network security spending to almost $25 billion. Security...