Spending on information security solutions and services worldwide 2023 vs. 2030

The global spending on information security products and services is forecast to grow rapidly. By 2030, the worldwide market size for information security is expected reach almost 300 billion. Information security is the practice of managing access to information, whether that is securing information from unauthorized access, or verifying the identity of those who claim to have authority to access information.

The United States: “Land of security”

    The leading region by market share of security appliances is the United States (U.S.), also home to the top two companies producing security appliances: as of 2022, Cisco and Palo Alto Networks held the highest market shares in the security appliance market, with a market share of 19.5 and 17.7 percent respectively. The largest segments of the information security solutions and services market worldwide, as of 2023, are managed security services and endpoint security software, with market shares of 19.2 and 13.5 percent respectively.