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Worldwide IT Security Spending to Hit $114bn This Year: Gartner Forecast

According to the latest forecast from Gartner, global IT security spending would hit $114 billion in 2018, an increase of 12.4 percent from last year. In 2019, the market is forecast to grow 8.7 percent to $124 billion. Security Services- $58,920 million; Infrastructure Protection- $14,106 million; Network Security Equipment- $12,427 million; Identity Access Management-$9,768 million; Consumer Security Software- $6,395 million; Data Security- $3,063 million; Application Security-$2,742 million; Cloud Security-“]

Source: https://hackercombat.com/worldwide-it-security-spending-to-hit-114bn-this-year-gartner-forecast/

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