It Security Spending Trends 2018

While traditional ict spending is forecast to broadly track gdp growth over the next decade the overall industry will be catapulted back to growth of more than 2x gdp as new technologies begin to account for a larger share of the market.

It security spending trends 2018.

That the lowest range 0 3 is shrinking while budgets in the range of 4 6. Dropping with the largest group being in the 1m 10m range. Worldwide spending on information security products and services will reach more than 114 billion in 2018 an increase of 12 4 percent from last year according to the latest forecast from gartner inc. 2019 spending on it services should reach 1 03 trillion according to research firm predictions.

As security spending increases however overall it budgets in dollars appear to be. Although the year ended up looking like nothing we could have predicted organizations are adjusting their budgets and plans in whatever way that best supports their workers and customers. Following years of growth ict spending will remain relatively flat in 2020 due to the covid 19 pandemic. And 10 12 are growing over the three year time span represented in our survey.

Overall it spending will decrease in 2020 despite the increase in specific areas like cloud based services and security. You can find a decent list of operational security areas in this sans paper on it security spending trends but for simplicity s sake. 08 march 2018 id. 2018 spending on it services will hit a record 985 billion and continue to rise.

As of january 2018 according to respondents. Trends in end user security spending 2018 published. However spending on it around the world is growing at expected levels and is in line with expected global economic growth. Through 2018 and 2019 the u s.

In 2019 the market is forecast to grow 8 7 percent to 124 billion. Dollar is expected to trend stronger while enduring tremendous volatility due to the uncertain political environment the north american free trade agreement renegotiation and the potential for trade wars. Published by thomas alsop mar 2 2020 the statistic shows the average share of it budgets that is put towards it security from fy2005 to fy2017.