Security and risk management spending to grow by 14% in 2024>
– Stuart O’Brien
This report from Total Security Summit projects that spending on security and risk management will grow by 14% in 2024.
It cites research from Gartner which predicts that information security solutions will represent the fastest-growing segment of the overall market for security and risk management products and services.
According to the report, spending growth is being driven by an increase in the variety and sophistication of threats that companies are facing, as well as increased demand for services related to corporate risk exposure assessments, security monitoring and incident response.
The report also mentions the growing demand for IT professionals who can address both physical and cyber security threats.
Link: https://totalsecuritysummit.co.uk/briefing/security-and-risk-management-spending-to-grow-by-14-in-2024/