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Gartner Forecasts Worldwide Cybersecurity Spending to Nearly Double by 2030

1 report, 1 independent Updated Tue 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

A conference in Las Vegas highlighted massive growth forecasts in security spending. Gartner expects worldwide information security spending to reach $247.5 billion in 2026, representing a 12.7% increase in constant currency. Gartner projects this spending will climb to $372.8 billion by 2030, roughly doubling.

From investorplace.com

Why it matters

Some supportBrind's analysis of the reports

The forecasts indicate a massive increase in demand for security solutions globally, as companies prioritize spending on keeping systems online. Securing AI is identified as one of the fastest-growing segments of this market, which has recently driven a rally in cybersecurity stocks.

From investorplace.com

Who's involved

  • GartnerProvided market analysis and forecasts regarding global information security spending.
  • Las VegasHosted the conference that highlighted the massive security spending forecasts.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • CrowdStrikeSpeculative

    CrowdStrike could see increased revenue from the massive growth forecast in cybersecurity spending.

  • Palo Alto NetworksSpeculative

    Palo Alto Networks may experience increased demand for its core products due to the growth forecast.

  • CiscoSpeculative

    Cisco could see boosted demand for networking and security infrastructure products.

  • RubrikSpeculative

    Rubrik could see increased demand for its zero trust data security products.

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The entities involved

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Coverage

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