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Worldwide spending on security-related hardware, software, and services will be $106.6 billion in 2019, an increase of 10.7% over 2018, according to a new IDC Spending Guide.
Managed security services will be the largest category of security spending in 2019, followed by network security hardware, integration services, and endpoint security software.
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Worldwide Cloud IT Infrastructure Market Forecast by Deployment Type 2014 - 2019 (shares based on Value)
Spending on IT infrastructure (server, storage, Ethernet switches) for cloud deployment will increase 18.2% in 2017
Worldwide spending on industry cloud by finance, manufacturing, and healthcare industries will reach $19.8 billion in 2021.
Worldwide Internet of Things (IoT) spending will experience a compound annual growth rate (CAGR) of 13.6% over the 2017-2022 forecast period and reach $1.2 trillion in 2022, according to IDC's Semiannual Internet of Things Spending Guide.