This website uses JavaScript

Unfortunately javascript doesn't seem to be enabled so your experience on the website will be degraded

Security

[New] The annual SMB spending on cyber security (including hardware, software and services) worldwide will grow by 10% year-on-year from 2019 onwards, and will reach almost USD 80 billion by 2024.
[New] Over the 20 years from 2000 to 2020, the cyber security market will have grown from a $3.5 billion market employing a few thousand people working in IT departments to a $175 billion market providing critical infrastructure.
China's ability to garner support for the Global Initiative on Data Security will be limited by the global reliance on services from US Big Tech companies.
Worldwide spending on information security and risk management technology and services is expected to reach $124 billion in 2020.
The Decade will offer a unique opportunity for the private sector and science to work together to increase ocean knowledge and shape it into sustainable solutions for society's 21st Century challenges, from climate change to food security.
Bring your own PC security will reach mainstream adoption in the next two to five years, while it will take five to 10 years for mainstream adoption of secure access service edge (SASE) to take place.
Given that a significant portion of the Polish power fleet is expected to retire in the coming years (due to age, lack of profitability and/or the inability to comply with EU environmental standards) unless modernised, security of supply has become a topic of growing concern.
In order to meet the UK's net zero targets by 2050, the Committee on Climate Change and National Grid state that there will need to be an energy mix that is both low carbon and which ensures security of supply for the coming decades.
The EU will need an additional 50 GW of interconnector capacity by 2030 and further a 43 GW by 2040 to reach climate neutrality by mid-century and keep security of supply under control.
The price of ensuring human security is less than paying for armies: it would cost 1% of global GDP per year to implement the 2015 Paris climate agreement, and 5% of global GDP each year across many sectors to implement the SDGs by 2030.
The potential ban on TikTok in the US over national security concerns looms over creators, and could result in a loss of biodiversity engagement online.
More than 3.2 million people are facing acute food security that threatens their health, and more than half of all Yemeni children under the age of five could be malnourished by the end of 2020, a health emergency that would affect them for the rest of their lives.
DJI faces mounting political pressure in the United States, one of the world's biggest drone markets where the Trump Administration has pursued an aggressive campaign against Chinese companies; contending they pose a security risk.
The growth of mobile apps developed and owned by Chinese firms threatens the national security, foreign policy, and economy of the US, said President Trump.
From a geographic perspective, the United States will be the single largest market for security solutions with spending forecast to reach $56.4 billion in 2020.
Worldwide spending on security products and services will see solid growth in 2020 as organizations invest in solutions to meet the needs of a much larger remote workforce and a wide range of security threats and requirements.
The Australian Government will invest $118.0 million to expand its data science capabilities, ensuring Australia remains at the forefront of the technological advancements in cyber security.
Russia's national security strategy describes NATO as a threat to the national security of the Russian Federation, and clearly states that Russia will use every means at its disposal to achieve its strategic goals.
For the remainder of 2020, organizations that expand remote work functionality will prioritize collaboration software, mobile device management, distance learning educational solutions and security, as well as the infrastructure to scale to support increased capacity.
The cyber security products market in India is expected to grow at a CAGR of 16.9% by 2022.
If what's being reported is true, Trump would issue the order for ByteDance to divest from TikTok through the Committee on Foreign Investment in the United States (CFIUS), an interagency committee that reviews foreign acquisitions and investments in US businesses that can threaten national security.
Gartner predicted that overall IT spending will decline 8% between 2019 and 2020, with areas such as enterprise software and IT services taking major hits, which could signal that organizations may also spend less on security software and services.
Worldwide spending on information security is on the rise each year, with products and services exceeding $114 billion in 2018, while it is forecasted to grow to $170.4 billion in 2022.

See full forecast

Last updated: 22 September 2020