Gartner Research

Forecast Analysis: Information Security and Risk Management, Worldwide

Published: 14 September 2023


End-user spending in the information security and risk management market is projected to grow at 14.2% in current currency in 2023. The projected 2022 through 2027 constant-currency compound annual growth rate of 11% will drive the market to reach $288.5 billion spending in current currency by 2027.

Included in Full Research


Forecast Assumptions
  • By the end of 2026, democratization of technology, digitization and automation of work will increase the total available market of fully remote and hybrid workers to 64% of all employees, up from 52% in 2021.

  • By 2027, more than 35% of new branch office firewall deployments will switch to firewall as a service (FWaaS), up from less than 10% in 2022.

  • By 2027, the public cloud services market will reach around $1,170.5 billion, up from $478.2 billion in 2022.

Market Impacts
  • The constant-currency CAGR of technologies such as access management (AM), endpoint protection platform (EPP), secure web gateway (SWG) and web

To view the entire document, log in or purchase

Access Research

Already a Gartner client?

Just stopping by?

To view this research and much more, become a client.

Speak with a Gartner specialist to learn how you can access peer and practitioner research backed by proprietary data, insights, advice and tools to help you achieve stronger performance.

By clicking the "Continue" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

Gartner research: Trusted insight for executives and their teams

What is Gartner research?

Gartner research, which includes in-depth proprietary studies, peer and industry best practices, trend analysis and quantitative modeling, enables us to offer innovative approaches that can help you drive stronger, more sustainable business performance.

Gartner research is unique, thanks to:

Independence and objectivity

Our independence as a research firm enables our experts to provide unbiased advice you can trust.

Actionable insights

Not only is Gartner research unbiased, it also contains key take-aways and recommendations for impactful next steps.

Proprietary methodologies

Our research practices and procedures distill large volumes of data into clear, precise recommendations.

Gartner research is just one of our many offerings.

We provide actionable, objective insight to help organizations make smarter, faster decisions to stay ahead of disruption and accelerate growth.

Tap into our experts

We offer one-on-one guidance tailored to your mission-critical priorities.

Pick the right tools and providers

We work with you to select the best-fit providers and tools, so you avoid the costly repercussions of a poor decision.

Create a network

Connect directly with peers to discuss common issues and initiatives and accelerate, validate and solidify your strategy.

Gartner Tech Growth & Innovation Conference

Join the leading technology and service provider peers to get an update on accelerating tech growth in a new era of transformation and technology trends.

©2022 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.