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8/15/2018
12:30 PM
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Gartner Says IT Security Spending to Hit $124B in 2019

Global IT security spending will grow 12.4% in 2018 and another 8.7% in 2019.

IT security spending is growing at a healthy 12.4% and will continue to expand based on demand generated by concerns of security risks, business needs, and industry changes, according to a new Gartner forecast.

Security spending should be more than $114 billion in 2018 and grow by 8.7% to $124 billion in 2019. Privacy will drive many of the new expenditures, with identity and access management, identity governance and administration, and data loss prevention key areas of interest.

Capital purchases are not the only reason for spending: ongoing skills shortages and concerns over regulations such as GDPR are driving organizations to build more relationships with security services to bridge gaps in their capabilities. Gartner estimates that services will represent at least half of security software delivery by 2020.

Read more here.

 

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mbergstrand
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mbergstrand,
User Rank: Apprentice
10/3/2018 | 11:52:40 AM
Re: Where do these statistics come from?
You are exaggerating, but that is common. Statistics prove that 112% of people exaggerate.
rharnish
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50%
rharnish,
User Rank: Author
8/28/2018 | 9:19:05 PM
Where do these statistics come from?
Studies show that 76.3% of all statistics are made up on the spot.
REISEN1955
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REISEN1955,
User Rank: Ninja
8/15/2018 | 1:59:28 PM
Career choice is good too
For the obvious - security per se cannot be easily outsourced out as opposed to standard data center server support and programming functions.  Finding a qualified and experienced CIISP is hard and they can demand good salaries - and one with real world experience is the best of all.  If I were considering anything in IT right now, it would be THIS field.  
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