End-user spending on information security is projected to total $212 billion, next year 2025, an increase of 15.1% from 2024, according to Gartner, with various factors – including heightened concern over threats, cloud migration, talent shortages, and AI – all influencing the market.
► Businesses are reassessing endpoint protection
► Need to counter AI-driven threats an added factor
► Security services segment will see fastest growth
‘The continued heightened threat environment, cloud movement and talent crunch are pushing security to the top of the priorities list,” said Shailendra Upadhyay, senior research principal at Gartner. “Furthermore, organisations are currently assessing their endpoint protection platform and detection and response needs and making adjustments to boost their operational resilience and incident response following the CrowdStrike outage.’
The increasing use of AI tools by attackers to carry out large-scale social engineering attacks is also a significant factor, said the firm. It predicts that by 2027, 17% of total cyberattacks/data leaks will involve generative AI.
As organisations continue to move to the cloud, there will be more of a need for cloud security solutions – this segment of the market is estimated to reach $8.7 billion in 2025, up from forecasted $6.7 billion in 2024.
The global skills shortage in the cybersecurity industry is also a factor in driving security services and this segment of the market is expected to grow faster than any other.
