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IT

Ongoing demand to drive 6% growth in security spending in 2020 - IDC

Friday 14 August 2020 | 13:39 CET | News
Worldwide spending on security-related hardware, software, and services will be USD 125.2 billion in 2020, an increase of 6.0 percent over 2019, according to a new forecast from IDC. As the global economy recovers from the impact of Covid-19, the researchers expect worldwide security spending to reach USD 174.7 billion in 2024 with a compound annual growth rate (CAGR) of 8.1 percent over the 2020-2024 forecast period. 

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Categories: IT
Countries: World
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