According to the source, cloud security was expected to grow by nearly 25 percent from 2023 to 2024, making it the fastest growing segment in the IT security market, largely due to the growing demand for cloud solutions as an increasing number of companies migrate to the cloud. Overall, the source expects the total IT security spending to increase 14.3 percent in 2024 compared to 2023.
IT security spending growth rate worldwide in 2024, by segment
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Gartner. (September 28, 2023). IT security spending growth rate worldwide in 2024, by segment [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/797028/worldwide-market-forecasts-security-spending-growth/
Gartner. "IT security spending growth rate worldwide in 2024, by segment." Chart. September 28, 2023. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/797028/worldwide-market-forecasts-security-spending-growth/
Gartner. (2023). IT security spending growth rate worldwide in 2024, by segment. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/797028/worldwide-market-forecasts-security-spending-growth/
Gartner. "It Security Spending Growth Rate Worldwide in 2024, by Segment." Statista, Statista Inc., 28 Sep 2023, https://www.statista.com/statistics/797028/worldwide-market-forecasts-security-spending-growth/
Gartner, IT security spending growth rate worldwide in 2024, by segment Statista, https://www.statista.com/statistics/797028/worldwide-market-forecasts-security-spending-growth/ (last visited November 26, 2024)
IT security spending growth rate worldwide in 2024, by segment [Graph], Gartner, September 28, 2023. [Online]. Available: https://www.statista.com/statistics/797028/worldwide-market-forecasts-security-spending-growth/
