Infosec spending skyrocketing to $212B next year, per Gartner

September 5, 2024
1 min read


TLDR:

  • Global spending on information security is projected to reach almost $212 billion next year, a 15% increase from 2024.
  • Gartner forecasts a 15% increase in security software spending, with a focus on endpoint protection platforms.

In a recent forecast, Gartner predicts that global spending on information security will reach nearly $212 billion in 2025, showing a 15% increase from the previous year. The majority of this spending is expected to be directed towards security software, specifically endpoint protection platforms. This increase reflects the annual trend of double-digit growth rates, with organizations reevaluating their security needs following recent incidents like the CrowdStrike Falcon sensor update causing a global IT network outage.

Gartner’s forecast also includes a significant jump in security services spending, as well as an increase in network security spending. Organizations are focusing on improving operational resilience and incident response capabilities, leading to a reevaluation of endpoint protection platform and endpoint detection and response vendors. Some organizations are considering switching security vendors due to technical factors, cost, and complexity issues.

Overall, the trend towards increased information security spending highlights the importance of organizations prioritizing cybersecurity measures and investing in tools and services to protect their data and systems from cyber threats.


Latest from Blog

New gov’t plan to combat cyber threats

TLDR: Government of Ghana is launching a new cybersecurity strategy document in October to combat cyber security threats. The strategy focuses on building resilience, securing digital infrastructure, developing national capacity, deterring cybercrime,