AI threats driving cybersecurity spending
Global spending on cybersecurity will grow by 12.2% year on year in 2025 and reach $377 billion in 2028. The increasing complexity and frequency of cyberthreats — accelerated by generative AI and AI in general — are driving organisations worldwide to adopt more advanced defensive measures, market research firm International Data Corporation (IDC) says in a forecast. Tech industry information service The Information reports that “cybersecurity startups’ revenue surges on AI threats”.
A World Economic Forum report stresses the importance of partnerships in fighting cyber threats as not all organisations, particularly small- and medium-sized enterprises, have the capacity or expertise to do it alone..
“The United States and Western Europe will continue to account for more than 70% of global security spending in 2025. However, all geographic regions are expected to see consistent growth in security spending this year, with the highest increases in Latin America, Central & Eastern Europe, and the Middle East & Africa”, the IDC forecast says.
“Security software will be the largest technology group in 2025, representing more than half of the worldwide security market this year, as well as the fastest growing one, with a 14.4% year-on-year growth rate.”
“The security software market growth will be driven especially by cloud native application protection platform (CNAPP), identity and access management software, and security analytics software growth, reflecting the special focus that companies will put on integrated cyberthreats detection and response around their whole organisational perimeter.”
Security services is forecasted to be the second fastest growing technology group in 2025, driven by continuous expansion of managed security services, on which organisations of all sizes will continue to increase their focus as a flexible and efficient way to face new security challenges. Security hardware will rank third, achieving single-digit but steady growth in 2025.
According to the forecast banking, federal/central government, telecommunications, capital markets, and healthcare provider will be the industries spending the most at the global level on security in 2025.
The fastest-growing will be capital markets, media and entertainment, and life sciences with an expected year-on-year growth rate of 19.4%, 17.1%, and 16.9%, respectively in 2025.
“The protection from cyber threats — now enhanced by AI and GenAI — is becoming an increasingly strategic issue for organisations in all industries, especially for those managing critical infrastructures (e.g., oil & gas, telecommunications), developing critical assets (e.g., aerospace & defense, life sciences), or providing key services to clients (e.g., banking, capital markets) and citizens (e.g., federal/central government, healthcare provider),” says Stefano Perini, IDC research manager with IDC Data and Analytics.
He stresses that more of the organisations see a proactive approach to security as a competitive advantage in the long term.”
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