Global Cybersecurity Spending Expected to Exceed $300 Billion by 2029

Source: Forrester

The global cybersecurity market is projected to expand significantly, reaching over $300 billion by 2029 according to Forrester’s forecast. This growth is expected despite challenges such as sudden changes in US trade policies and tariffs which contribute to economic uncertainty through 2025. The sustained investment in cybersecurity signals its critical role in protecting digital assets and infrastructure.

This accelerated spending growth outpaces other sectors within the software industry, underscoring cybersecurity’s priority status among businesses worldwide. However, the fast-evolving threat landscape means organizations must continuously adapt strategies and technologies to mitigate risks effectively. The investment increase also implies a growing market opportunity for cybersecurity vendors, but it carries the risk that some solutions may not keep pace with emerging attack methods.

Overall, the forecast highlights the importance of cybersecurity in digital transformation initiatives and the ongoing need for robust defenses. The expanding market suggests that stakeholders must remain vigilant about regulatory changes and strategic implications tied to global trade movements and geopolitical shifts.

👉 Pročitaj original: Forrester