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Worldwide security technology revenue to surpass $100 billion in 2020

Discussion in 'Help Net Security' started by RSS, Oct 14, 2016.

  1. RSS

    RSS New Member Member

    Worldwide revenues for security-related hardware, software, and services will grow from $73.7 billion in 2016 to $101.6 billion in 2020. This represents a compound annual growth rate (CAGR) of 8.3%, more than twice the rate of overall IT spending growth, over the five-year forecast period, according to IDC. Top technology based on 2016 market share “Something is wrong here. We cannot continuously increase our cybersecurity budget and get instantly and more frequently hacked in parallel. … More →

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