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Gartner: Global security market will grow to 55 billion by 2016

Global market for security and services will rise to $67.2 billion (45 billion) in 2013. 2013 will see 8.7 percent growth compared to 2012, which saw sales of $61.8 billion. Further stellar growth will take that as high as $86 billion by 2016, Gartner analysts have predicted. The major influences on spending are now the growing complexity of attacks which raises the volume of data required for their detection by defenders teams. This requires upgrades in equipment and supporting services.”]

Source: https://informationsecuritybuzz.com/news/gartner-global-security-market-will-grow-to-55-billion-by-2016/

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