The Big Spending On IT Security Is Only Going To Get Bigger

March 29, 2023 Timothy Prickett Morgan

Sometimes, numbers seem so big that they are almost meaningless. Depending on how you cut it, there is more than $3.4 trillion to more than $4.5 trillion in global spending on IT hardware, software, and services – not counting the payrolls for the for all of the combine IT departments of the corporate world plus all of those programmers and site recovery engineers who work at the hyperscalers and cloud builders. These are very big numbers indeed, even without those tens of millions of people on the payroll, who by our very rough estimation might account for somewhere around the …