Companies are set to increase cybersecurity spending by 15% in 2025, from $183.9bn to $212bn. Security services lead the way for spending growth, followed by security software and network security. Generative AI and the global cybersecurity skills shortage are the main factors contributing to the increase. Businesses are advised to break down spending into cybersecurity components such as labour, technology, training and incident response to ensure their budgets do consider all needs. Meanwhile, the increasing stress on cybersecurity professionals due to the complexity of threat landscape and underfunded budgets is also highlighted.
As businesses in the US looks ahead to the budget year 2025, cybersecurity is expected to be top of mind. According to recent data, companies may be smart to boost their budget for this critical area. Cybersecurity spending is expected to climb 15% in 2025 to $212bn, up from $183.9bn in 2023. Meanwhile, security services are set to lead the way for spending growth, followed by security software and network security.
BSA | The Software Alliance reports that many people don’t feel fully protected online, or that they’re not in control of their personal data. BSA recently conducted its Global Data Privacy Survey, which found that many adults in the US feel concerned about misuse of their personal data. The survey revealed that 40% of US consumers are uninterested in online privacy policies, while 8% have no idea what they say.
Cybersecurity spending is expected to go beyond historical rates in 2025, with businesses increasing it by 15%. This is up to $212bn from $183.9bn, according to research by Gartner. Security services are expected to top the list, followed by growth in security software and network security. Businesses are now being advised to break down spending into cybersecurity components to make sure they are well considered and to ensure they are doing everything they can to keep their systems secure.
According to Gartner, spending on cybersecurity is expected to jump by 15% from 2023 to 2025, going from $183.9bn to $212bn. Security services will lead the way for spending growth, followed by security software and network security. The budget should cover components of cybersecurity including labour costs, technology, training and incident response to cover all bases.
Gartner predicts that cybersecurity spending will increase 15% from 2023 to 2025, from $183.9bn to $212bn. Generative AI and specifically the lack of in-house cybersecurity skills are expected to drive much of the spending. The budget can be broken down into the different cybersecurity components including labor, technology, training and incident response. Companies are advised to get their hands-on cybersecurity team members involved in budget discussions and ask them to share current challenges.
Research by Gartner predicts that cybersecurity spending will increase 15% from 2023 to 2025. According to the research, the increased use of generative AI in organisations and a lack of skilled cybersecurity staff are two of the reasons behind the spending increase. Security services are predicted to lead the growth in spending, followed by security software and network security.
A report by Gartner suggests that cybersecurity spending will increase by 15% across the years 2023 to 2025, rising from $183.9bn to $212bn. While security services are set to lead the way for spending growth, security software is close behind, as is network security. When creating cybersecurity budgets, companies are being advised to break out all of the components of an effective cybersecurity programme including labour costs, technology, training and incident response, to be sure that everything that is required is being considered.
The year 2025 is expected to see cybersecurity spending stand at $212bn, up by 15% from the $183.9bn witnessed in 2023, with security services remaining the top spend, according to a report from Gartner. Meanwhile, the use of generative AI has required additional security measures to be put in place, leading to companies purchasing additional software. Additionally, the report noted that a shortage of skilled cybersecurity talent is affecting many companies, which are seeking the aid of security services, driving expenditure.
With cybersecurity at the sacred top of businesses' priority lists, it is important to make the right spending decisions in order to avoid become a data breach statistic. Businesses are set to increase cybersecurity spending by 15% in 2025, up to $212bn from $183.9bn in 2023. Security services lead spending growth, followed by security software and network security. Two main factors contributing to the increase include generative AI and the global skills shortage in cybersecurity.
Gartner predicts that cybersecurity spending will increase by 15% from 2023 to 2025, rising to $212bn. The report highlights generative AI and global skills shortage as the main factors contributing to the increase. Organisations need to take additional steps to secure their environment when using generative AI, leading to additional software purchase costs. Additionally, organisations are hiring external cybersecurity professionals, such as security consulting services, to address the skill shortage in-house.