Security and risk management spend set for growth>
IT Online
End-user spending on security and risk management in the middle East and North Africa (MENA) region is forecast to total $2,8-billion in 2023, an increase of 10,4% from 2022, according to Gartner.

In 2023, cloud security spending is projected to record the highest growth at 19,5%, followed by application security spending, growing at 19%. Cloud security consists of cloud workload protection platforms (CWPPs) and cloud access security broker. CWPPs are products and services that address protection requirements in diverse cloud-native workloads in hybrid and multicloud environments.

In addition, the increased security risks and complexity of operating and managing multiple technologies will drive MENA organizations to spend on cloud security and the share of cloud-native solutions is expected to grow in 2023.

In MENA, the increased demand for zero trust protection for remote workers and organizations’ reduced dependence on VPNs for secure access will accelerate spending on ZTNA in 2023.
Link: https://it-online.co.za/2023/03/03/security-and-risk-management-spend-set-for-growth/