Global spending on security systems, services to hit USD 133.8 bln in 2022

Wednesday 20 March 2019 | 16:56 CET | News
Spending on security-related hardware, software, and services is expected to reach USD 133.8 billion in 2022, as industries invest heavily in security systems, according to the latest study from IDC. Spending will hit 103.1 billion this year, up 9.4 percent from 2017. The CAGR for 2018-2022 will amount to 9.2 percent.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.