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Gartner Says Worldwide Information Security Spending Will Grow 7 Per Cent to Reach $86.4 Billion in 2017

Business Impact of Security Incidents and Evolving Regulations Driving Market Growth

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Worldwide spending on information security products and services will reach $86.4 billion in 2017, an increase of 7 per cent over 2016, with spending expected to grow to $93 billion in 2018, according to the latest forecast from Gartner, Inc.

Within the infrastructure protection segment, Gartner forecasts fast growth in the security testing market (albeit from a small base) due to continued data breaches and growing demands for application security testing as part of DevOps. Spending on emerging application security testing tools, particularly interactive application security testing (IAST), will contribute to the growth of this segment through 2021.

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