Europe IT security spending to grow 8% in 2019

Tuesday 2 April 2019 | 14:27 CET | News
Three industries will drive spending on security systems this year, namely the banking, discrete and process manufacturing sectors. Together, they will spend over USD 9 billion, a third of the total. Professional services, federal/central government, retail, and state/local government will invest over USD 1.5 billion each into security. In terms of growth over the past year, the most dynamic industries are healthcare (+9.4%), discrete manufacturing, and professional services (+9% each). Over 2018–2022, the fastest-growing industries will be federal/central government (8.0% CAGR) and discrete

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Categories: General
Countries: Europe
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