Global security spending to rise 12.2% in 2025

Global security spending is set to rise by 12.2% in 2025, according to a forecast by the International Data Corporation (IDC). This increase is driven by growing cyberthreats and the adoption of advanced security technologies, particularly in light of developments in artificial intelligence. By 2028, total security spending is projected to reach $377 billion. The United States and Western Europe will contribute more than 70% of this spending. However, all regions are expected to see growth, with the greatest increases anticipated in Latin America, Central and Eastern Europe, and the Middle East and Africa. Eman Elshewy, a senior research manager at IDC, noted that countries in the Gulf Cooperation Council are investing heavily in security solutions due to rising threats. There is a strong focus on improving cybersecurity education and training across the Middle East and Africa. In terms of technology, security software will dominate the market in 2025. It is expected to represent over half of global spending in this area, growing by 14.4% year over year. The growth will be particularly driven by programs related to cloud protection, identity management, and security analytics. Security services will also see significant growth, especially managed security services that help organizations tackle security challenges. Security hardware will grow at a slower pace but is still expected to see an increase. Industries such as banking, government, telecommunications, and healthcare will lead in global security spending. Some sectors, like capital markets and media, will experience the highest growth rates, with increases nearly reaching 20%. Stefano Perini, another IDC research manager, emphasized that protecting against cyber threats is now a strategic concern for all industries. Organizations are recognizing the need for proactive security measures not only for immediate protection but also as a long-term competitive advantage. While large businesses will continue to dominate security spending, smaller companies are also stepping up their investments to close security gaps as they modernize their processes.