Cybersecurity Ventures’ Q2 Cybersecurity Market Report has found that “worldwide spending on information security was expected to reach $71.1 billion in 2014,” and increase to roughly $155.74 billion by 2019.
Each quarter Cybersecurity Ventures publishes its Cybersecurity Market Report, which covers “the business of cybersecurity, including market sizing and industry forecasts from consolidated research by IT analyst firms, emerging trends, employment, the federal sector, hot companies on the Cybersecurity 500 list, notable M&A, investment and IPO activity, and more.”
The report also noted that “cybersecurity spending could reach $15 billion to $20 billion in the next three years.” For many more nuggets of information from this very detailed report, click here.