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IT Security Spending in the Middle East & Africa to Grow 7.9% in 2023

Deepak
0
Spending on security solutions and services in the Middle East and Africa (MEA) (including Israel) will increase 7.9% year on year in 2023 to reach $6.2 billion, according to the latest Worldwide Security Spending Guide from International Data Corporation (IDC). The firm’s newly released forecast indicates that this figure will reach $7.7 billion in 2026, representing a compound annual growth rate (CAGR) of 7.8% over the 2022–2026 forecast period. Security software will account for the largest share of spending in 2023 (41.2%), […]
SNS Mideast

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