Global security spending to reach $377 billion in 2028 as cyber threats surge; Hans India

Growing Cyber attacks, worldwide security spending is expected to see sustained growth throughout the 2023–2028 period, reaching $377 billion in 2028, according to a new report. According to latest forecast from the International Data Corporation (IDC), global security spending is expected to grow by 12.2 per cent (year on year) in 2025. The increasing complexity…

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Asia/Pacific* Security Spending to Grow 12.3% in 2024; IDC

IDC’s latest Worldwide Semiannual Security Spending Guide According to IDC’s latest Worldwide Semiannual Security Spending Guide, spending on security hardware, services, and software in Asia/Pacific excluding Japan (APeJ) is expected to reach $36 billion in 2024, an increase of 12.3% over the previous year. With the evolving threat landscape and increasing complexities, organizations in the region are…

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