Global spending on security solutions to reach $133.7 billion in 2022
Worldwide spending on security-related hardware, software, and services is forecast to reach $133.7 billion in 2022, according to IDC. Although spending growth is expected to …
Worldwide spending on cloud IT infrastructure continues to grow, reaches $15.4 billion
According to the IDC Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of infrastructure products (server, enterprise storage, and Ethernet …
Spending on cognitive and AI systems to reach $77.6 billion in 2022
Global spending on cognitive and artificial intelligence (AI) systems is forecast to continue its trajectory of robust growth as businesses invest in projects that utilize …
Data breaches make companies underperform the market in the long run
While the share prices of companies that experienced a sizeable/huge data breach suffer just a temporary hit, in the long term breached companies underperformed the market, an …
Security appliance market experiences year-over-year revenue growth
According to the IDC Worldwide Quarterly Security Appliance Tracker, the total security appliance market experienced positive unit shipment and revenue growth for the second …
Global information security spending to exceed $124 billion in 2019
Worldwide spending on information security products and services will reach more than $114 billion in 2018, an increase of 12.4 percent from last year, according to the latest …
IaaS public cloud services market grew 29.5% in 2017
The worldwide infrastructure as a service (IaaS) market grew 29.5 percent in 2017 to total $23.5 billion, up from $18.2 billion in 2016, according to Gartner. Amazon was the …
CEO guidance: Handling dynamic change in the cybersecurity industry
In a little over 18 months since SonicWall split from Dell, the company has become operationally and financially independent. “In fact, while achieving independence, we …
Smart cities spending to reach $158 billion in 2022
Smart City initiatives will attract technology investments of more than $81 billion globally in 2018, and spending is set to grow to $158 billion in 2022, according to IDC. …
Quantum computing revenue to hit $15 billion in 2028 due to AI, R&D, cybersecurity
Total revenue generated from quantum computing services will exceed $15 billion by 2028, forecasts ABI Research. The demand for quantum computing services will be driven by …
Rain Capital: Venture fund seeks to back cybersecurity companies led by women and minorities
A new venture fund that will focus on providing capital, strategy, critical resources and unique insights to early-stage cybersecurity companies in Silicon Valley has been …
IoT security spend to reach $6 billion by 2023
A new study from Juniper Research found that spending on IoT cybersecurity solutions is set to reach over $6 billion globally by 2023. It highlighted rapid growth, with …