21 Oct 2019

Spending on security hardware, software, and services continues to increase

A new report by IDC projects that worldwide spending on security hardware, software and services will grow from $106.6 billion this year to $151.2 billion in 2023. During the period, the compound annual growth will be around 9.4%. Frank Dickson of IDC said that “the market for cybersecurity products continues to

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03 Apr 2019

Cybersecurity: This is how firms are spending their budget this year

IDC has released new projections for security spending practices by European organizations in 2019. According to the forecast, security spending will reach $27.3bn this year and that number will grow steadily in the years after, reaching $33.6bn by 2022. Services will account for over half of security spending this year

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