Global cloud security spending skyrocketed over the past years, increasing from just 595 million U.S. dollars in 2020 to over 5.6 billion U.S. dollars in 2023. By 2024, cloud security spending is forecast to reach nearly seven billion U.S. dollars.
Cloud security spending worldwide from 2020 to 2024
(in million U.S. dollars)
* Forecast. Statista calculated the market revenue value for 2024 based on the security software market growth rate from 2023 to 2024 provided by the source.
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Gartner. (June 5, 2024). Cloud security spending worldwide from 2020 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1345114/global-spending-on-cloud-security/
Gartner. "Cloud security spending worldwide from 2020 to 2024 (in million U.S. dollars)." Chart. June 5, 2024. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1345114/global-spending-on-cloud-security/
Gartner. (2024). Cloud security spending worldwide from 2020 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1345114/global-spending-on-cloud-security/
Gartner. "Cloud Security Spending Worldwide from 2020 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 5 Jun 2024, https://www.statista.com/statistics/1345114/global-spending-on-cloud-security/
Gartner, Cloud security spending worldwide from 2020 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1345114/global-spending-on-cloud-security/ (last visited December 18, 2024)
Cloud security spending worldwide from 2020 to 2024 (in million U.S. dollars) [Graph], Gartner, June 5, 2024. [Online]. Available: https://www.statista.com/statistics/1345114/global-spending-on-cloud-security/
