Services will drive Europe IT security spending to reach $47bn in 2022 - IDC

IT security spending in Europe is set to grow by double digits in 2022 as organisations race to upgrade their infrastructure. The European security market is expected to grow  10.8 per cent year on year in 2022.  Investment is pegged to reach $47bn this year, according to IDC's new Worldwide Security Spending Guide, which also forecasts five-year (2021-2026) CAGR at 9.4 per cent to surpass $66bn in 2026. "The evolution of the European cyber security market continues to progress at high ...