European security spending will grow 10.6 per cent in 2023 - IDC

Security spending is set to grow 10.6 per cent in Europe over the course of 2023 as new regulations and increasing risks of ransomware attacks push demand. According to IDC's Worldwide Security Spending Guide, spending in the region will continue to see almost double-digit growth over the forecast period, with total spend reaching $71bn in 2026. The UK, Germany and France make up over half of the European security market, but in Central and Eastern Europe, the Czech Republic will have t...