SMB security spending worldwide: trends and forecasts 2019–2024

SMB security spending worldwide: trends and forecasts 2019–2024

  • July 2020 •
  • 13 pages •
  • Report ID: 5933765 •
  • Format: PDF
"SMBs worldwide spent over USD48 billion on securing their data and devices in 2019, and their annual spending growth rate is expected to surpass 10%."

This report provides forecasts for spending on cyber-security-related technology by small and medium-sized businesses (SMBs) worldwide. It quantifies the revenue opportunity for security vendors and service providers in 7 key security categories (endpoint security, network security, mobile security, security hardware, cloud security, product support services and remotely managed security services) and 20 sub-categories.

This report provides:
  • SMB spending forecasts for 7 different high-level security categories and 20 sub-categories for the period 2019–2024
  • comparisons of spending growth for cloud and on-premises security solutions
  • an outlook for security spending across businesses with varying numbers of employees
  • security spending forecasts broken down by routes to market: channel partners (CPs), managed service providers (MSPs), service providers (SPs), system integrators (SIs), DMR/retail and directly from security vendors.