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 forecast from Gartner, Inc. In 2019, the market is forecast to grow 8.7 percent to $124 billion.
"Security leaders are striving to help their organizations securely use technology platforms to become more competitive and drive growth for the business," said Siddharth Deshpande, research director at Gartner. "Persisting skills shortages and regulatory changes like the EU’s Global Data Protection Regulation (GDPR) are driving continued growth in the security services market."
BW Businessworld pleased to announce 2nd Edition of BFSI Risk & Security Summit 2018 at Mumbai, 15 November 2018 and it brings together 120+ banking security professionals, regulators, banking specialists, risk managers, asset managers and supervisors to debate the threats to data security in the global financial services industry.
BW Businessworld BFSI Risk & Security Summit
15th November 2018 | Mumbai
BW Businessworld BFSI CXO Summit
Friday, June 16th, 2017 | St Regis, Mumbai