By Joshua Bolkan, THE Journal
Spending on security, including hardware, software and services, will reach $91.4 billion this year, according to a new forecast from International Data Corp. (IDC), marking a 10.2 percent increase over spending in 2017. That growth rate will remain relatively steady throughout the forecast period, according to the company, holding a compound annual growth rate (CAGR) of 10 percent from 2016 to 2021, when the forecast calls for $120.7 billion in spending.
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