A rapidly changing environment

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In 2019, three industries will spend the most on cybersecurity: banks, discrete manufacturing, and federal/central government agencies — more than $30 billion. According to analysts, the largest expense item will be 24/7 monitoring and management of security operations centers — $21 billion. The second largest market segment is networking equipment: unified threat management systems, hardware firewalls, and intrusion detection and prevention tools. Next on the list are integration services and end-user security software.

Approximately two-thirds of information security expenses in 2019 will be accounted for by large (500-1000 employees) and very large (more than 1000 employees) companies. The same business will lead in growth rates: expenses on information security solutions in large companies will increase by 11.1% per year, and in very large companies — by 9.4%. In italy whatsapp data representing small and medium businesses, total expenses on information security this year will exceed $26 billion. The volume of the consumer segment will amount to $5.7 billion. From a geographical point of view, the United States will remain the leader in information security expenses. China is in second place.

In , many companies are finding it difficult to maintain their own security services and technologies, analysts say. They are turning to managed security service providers (MSSPs) to get a wide range of services, including predictive threat analytics and advanced detection and monitoring tools.