Business Trend by the Numbers. Information Security Procurement.

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August 18, 2017

Gartner Inc. estimates that cybersecurity spending will increase in 2017:

By 7%
Accounting for a world-wide spending of $86.4 billion in 2017 and $90 Billion in 2018

Spending will be focused on:

cyber security services
IT outsourcing
consulting
implementation services

By 2020, bundled cybersecurity contracts will account for 40% of all managed security service contracts and will include:

cybersecurity
IT deisgn build outsourcing

Politico | Morning Cyber Security | Still a Growing Boy

Gartner Inc. | Gartner Says Worldwide Information Security Spending Will Grow 7 Percent to Reach $86.4 Billion in 2017