Cyber SecurityEconomic

Global security spending to exceed $100 billion by 2020

“Research firm International Data Corporation (IDC) recently forecast that worldwide revenues for security-related hardware, software and services will grow from $73.7 billion in 2016 to $101.6 billion in 2020.
That’s a compound annual growth rate of 8.3% — more than twice the rate of other IT spending.”

Source: Global security spending to exceed $100 billion by 2020 – CSC Blogs

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