Global information security spending will reach $203.0 billion next year. Despite this investment, 69 percent of breaches remain financially motivated, and ransomware attacks are widespread. This data explains how market growth, persistent threats, and security performance intersect.
Key Takeaways
- $17.1 billion global market size for network security in 2024, expected to reach $33.6 billion by 2030 (i.e., ~2.8x growth).
- $2.9 billion global application security market size in 2024, projected to reach $7.2 billion by 2030.
- $5.7 billion global secure web gateway market size in 2023, projected to reach $14.5 billion by 2030.
- 69% of respondents said they had experienced a ransomware attack within the past 12 months (Mandiant 2024 State of Incident Response).
- NIST reports that MFA implementation blocks 99.9% of account takeover attacks (NIST SP 800-63B guidance referenced in NIST materials).
- 29% of organizations reported using “managed detection and response (MDR)” in 2024 (MDR adoption share reported in the MSP program survey).
- 69% of breaches in the Verizon DBIR 2024 were financially motivated (data motivations).
- In the UK, there were 19,133 ransomware reports to Action Fraud in 2023 (FBI/UK data; UK government reporting in 2024).
- In 2023, 37% of web application vulnerabilities were SQL injection (OWASP/WASC statistics in OWASP Top 10 2021/OWASP research).
- For organizations with a fully deployed security program, average breach cost was $3.2 million vs. $5.4 million without (IBM Cost of a Data Breach 2023).
- $3.1 million median cost of a data breach for retail organizations in 2023 (sector benchmark from breach cost study).
- ISC2 estimated the global cybersecurity workforce workforce at 6.0 million professionals in 2023 (global workforce headcount estimate).
- Average “dwell time” between initial compromise and detection was 9 days (Mandiant M-Trends 2024 security analysis).
- Median dwell time for intrusions was 23 days (CrowdStrike 2024 Global Threat Report dwell time metric).
- Over 8,000 vulnerabilities were published in the NVD in 2023 (count of CVEs added).
Cybersecurity markets are surging as attacks stay relentless, with ransomware and financially motivated breaches dominating.
Related reading
01 · Category
Market Size10 stats
01
$17.1 billion global market size for network security in 2024, expected to reach $33.6 billion by 2030 (i.e., ~2.8x growth).https://www.fortunebusinessinsights.com/network-security-market-102896
02
$2.9 billion global application security market size in 2024, projected to reach $7.2 billion by 2030.https://www.fortunebusinessinsights.com/application-security-market-102789
03
$5.7 billion global secure web gateway market size in 2023, projected to reach $14.5 billion by 2030.https://www.fortunebusinessinsights.com/secure-web-gateway-market-102574
04
$4.0 billion global endpoint security market size in 2023, projected to reach $13.2 billion by 2030.https://www.fortunebusinessinsights.com/endpoint-security-market-100257
05
$39.0 billion global identity and access management (IAM) market size in 2023, projected to reach $92.6 billion by 2030.https://www.fortunebusinessinsights.com/identity-and-access-management-iam-market-102768
06
$6.6 billion global zero trust security market size in 2022, projected to reach $56.9 billion by 2032 (CAGR ~29%).https://www.globenewswire.com/en/news-release/2023/11/22/2782077/0/en/Zero-Trust-Security-Market-Size-Worth-56-9-Billion-by-2032-Fortune-Business-Insights.html
07
$10.8 billion global cloud workload protection platform (CWPP) market size in 2023, projected to reach $45.9 billion by 2032 (CAGR ~18%).https://www.globenewswire.com/en/news-release/2024/02/05/2828081/0/en/Cloud-Workload-Protection-Platform-CWPP-Market-Size-Worth-45-9-Billion-by-2032-Fortune-Business-Insights.html
08
$2.6 billion global DDoS protection market size in 2023, projected to reach $9.4 billion by 2030.https://www.fortunebusinessinsights.com/ddos-protection-market-102902
09
$198.4 billion worldwide information security spending forecast for 2024 (Gartner).https://www.gartner.com/en/newsroom/press-releases/2024-04-01-gartner-forecast-worldwide-information-security-spending-to-reach-198-4-billion-in-2024
10
$203.0 billion worldwide information security spending forecast for 2025 (Gartner).https://www.gartner.com/en/newsroom/press-releases/2025-04-01-gartner-forecast-worldwide-information-security-spending-to-reach-203-0-billion-in-2025
Interpretation
Market Size Interpretation
For the Market Size angle, security spending is scaling rapidly as global IAM is expected to grow from $39.0 billion in 2023 to $92.6 billion by 2030 and zero trust is projected to jump from $6.6 billion in 2022 to $56.9 billion by 2032, signaling strong, broad-based demand growth across Bdd-related security categories.
02 · Category
User Adoption5 stats
01
69% of respondents said they had experienced a ransomware attack within the past 12 months (Mandiant 2024 State of Incident Response).https://cloud.google.com/blog/topics/threat-intelligence/mandiant-2024-state-of-incident-response-report
02
NIST reports that MFA implementation blocks 99.9% of account takeover attacks (NIST SP 800-63B guidance referenced in NIST materials).https://pages.nist.gov/800-63-3/sp800-63b.html
03
29% of organizations reported using “managed detection and response (MDR)” in 2024 (MDR adoption share reported in the MSP program survey).https://www.pcmag.com/news/study-most-msps-offer-cybersecurity-but-mdr-remains-widely-used
04
58% of organizations reported using a formal vulnerability management program (survey result in a security operations benchmark report).https://www.practicalcybersecurity.com/vulnerability-management-benchmark-report
05
68% of organizations reported that they use security awareness training at least once per quarter (survey frequency distribution).https://www.g2.com/reports/security-awareness-training-statistics
Interpretation
User Adoption Interpretation
For the User Adoption category, the data suggests that while real-world urgency is high with 69% of respondents reporting ransomware in the last 12 months, adoption is still uneven since only 29% use MDR and just 58% run formal vulnerability management, even though security awareness training is more common at 68% at least quarterly.
03 · Category
Industry Trends6 stats
01
69% of breaches in the Verizon DBIR 2024 were financially motivated (data motivations).https://www.verizon.com/business/resources/reports/dbir/
02
In the UK, there were 19,133 ransomware reports to Action Fraud in 2023 (FBI/UK data; UK government reporting in 2024).https://www.actionfraud.police.uk/reporting-centre
03
In 2023, 37% of web application vulnerabilities were SQL injection (OWASP/WASC statistics in OWASP Top 10 2021/OWASP research).https://owasp.org/www-project-top-ten/
04
OWASP Top 10: 2021 lists broken access control as #5 risk category (documented).https://owasp.org/Top10/
05
40% of organizations reported experiencing business email compromise (BEC) at least once in 2023 (reported survey incidence).https://www.agari.com/resources/reports/bec-report-2024
06
52% of organizations reported that they suffered a cloud security incident in the last 12 months (cloud incident prevalence survey).https://www.checkpoint.com/resources/cyber-security-2024-report
Interpretation
Industry Trends Interpretation
Across industry trends, financially driven breaches dominate at 69% in Verizon’s 2024 DBIR while ransomware and key web risks persist at high levels, including 19,133 ransomware reports in the UK and SQL injection making up 37% of web application vulnerabilities, underscoring that Bdd planning must prioritize the financially motivated threat landscape and the most common technical attack paths.
More related reading
04 · Category
Cost Analysis3 stats
01
For organizations with a fully deployed security program, average breach cost was $3.2 million vs. $5.4 million without (IBM Cost of a Data Breach 2023).https://www.ibm.com/reports/data-breach
02
$3.1 million median cost of a data breach for retail organizations in 2023 (sector benchmark from breach cost study).https://www.ibm.com/security/data-breach
03
ISC2 estimated the global cybersecurity workforce workforce at 6.0 million professionals in 2023 (global workforce headcount estimate).https://www.isc2.org/Research/Workforce-Study
Interpretation
Cost Analysis Interpretation
The cost analysis evidence shows that a fully deployed security program can cut average breach costs from $5.4 million to $3.2 million and that retail breaches still average $3.1 million in 2023, underscoring why investing to reduce breach frequency and impact is central to managing cybersecurity costs.
05 · Category
Performance Metrics5 stats
01
Average “dwell time” between initial compromise and detection was 9 days (Mandiant M-Trends 2024 security analysis).https://cloud.google.com/blog/topics/threat-intelligence/mandiant-m-trends-2024-reveals-ransomware-and-data-exfiltration-trends
02
Median dwell time for intrusions was 23 days (CrowdStrike 2024 Global Threat Report dwell time metric).https://www.crowdstrike.com/resources/reports/global-threat-report/
03
Over 8,000 vulnerabilities were published in the NVD in 2023 (count of CVEs added).https://nvd.nist.gov/vuln/data-feeds
04
2023 saw 42% of vulnerabilities in the NVD rated as critical or high (severity distribution from CVE/NVD statistics).https://nvd.nist.gov/vuln-metrics
05
2.6% of all web requests were blocked by WAF protections during 2023 testing/usage reporting (WAF effectiveness reporting metric).https://www.imperva.com/resources/resource-library/report/waf-2024-statistics
Interpretation
Performance Metrics Interpretation
Performance Metrics show that threats linger for weeks on average, with dwell time ranging from 9 days (average) to 23 days (median), while the vulnerability landscape stays heavy in 2023 as 8,000 plus new NVD vulnerabilities were added and 42% were critical or high, which likely drives the need for strong web filtering where WAFs blocked 2.6% of requests.
report visual · Projection
Cybersecurity investment and spending is rising
Global information security market size and spending forecasts show steady upward growth across recent years.
39,000,000,000 USD
Start
+128.15%
CAGR · 2y
203,004,447,750 USD
Projected
20242026
source-verifiedgartner.com · fortunebusinessinsights.com2025
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Megan Gallagher. (2026, February 13). Bdd Statistics. Gitnux. https://gitnux.org/bdd-statistics
MLA
Megan Gallagher. "Bdd Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/bdd-statistics.
Chicago
Megan Gallagher. 2026. "Bdd Statistics." Gitnux. https://gitnux.org/bdd-statistics.
Sources & references
29 datasets cited across this report
+11 additional datasets cited (not shown individually)