Global IT spending is projected to reach $5.0 trillion next year. This growth fuels a complex risk landscape, where 59% of breaches rely on stolen credentials while organizations deploy containers and cloud services at scale.
Key Takeaways
- $5.0 trillion projected worldwide IT spending in 2024 (Gartner)
- $563 billion worldwide end-user spending on public cloud services in 2023 (Gartner)
- 20% projected growth in worldwide public cloud end-user spending in 2024 (Gartner)
- 84% of organizations use containers in production environments (Snyk State of Open Source Security 2024)
- 74% of organizations report using containers in production (2024 CNCF Annual Survey).
- 51% of respondents say they use a security posture management (SPM) solution (2024 Enterprise Strategy Group survey via ESG).
- 75% of security decision-makers say AI will be used for cybersecurity within the next 2 years (IBM)
- 3.4x higher likelihood of organizations using security automation to detect threats faster (IBM)
- 59% of breaches used stolen credentials (Verizon DBIR 2024)
- 2.5x faster time-to-market with continuous deployment (AWS)
- Time to remediate (TTR) exceeded 250 days for breaches in the dataset (2024 Mandiant/Google Metrics That Matter).
- 30-50% cost reduction potential from using autoscaling and resource optimization (Microsoft Azure Well-Architected)
- 2.7x return on investment from security orchestration and automation (2024 analyst report by Forrester).
- 36% average cost increase per record compared to 2023 for ransomware-related incidents (2024 IBM Cost of a Data Breach Report).
- 68% of organizations say they have experienced a breach involving a third party or supplier (2024 IBM Security Survey).
Spending on cloud and security is surging while breaches persist, pushing organizations toward automation and faster remediation.
Related reading
01 · Category
Market Size16 stats
01
$5.0 trillion projected worldwide IT spending in 2024 (Gartner)
02
$563 billion worldwide end-user spending on public cloud services in 2023 (Gartner)
03
20% projected growth in worldwide public cloud end-user spending in 2024 (Gartner)
04
$8.0 billion global cloud security market size in 2023 (Fortune Business Insights)
05
$4.8 billion global endpoint security market size in 2023 (Fortune Business Insights)
06
$5.1 billion global network security market size in 2023 (Fortune Business Insights)
07
$8.7 billion global SIEM market size in 2023 (Fortune Business Insights)
08
$48.9 billion global managed security services market size in 2023 (MarketsandMarkets, 2024).
09
$14.7 billion global cloud workload protection market in 2023 (MarketsandMarkets).
10
$11.6 billion global CSPM market size in 2023 (MarketsandMarkets).
11
$9.3 billion global vulnerability management market size in 2023 (MarketsandMarkets).
12
$5.8 billion global security orchestration automation and response (SOAR) market size in 2023 (MarketsandMarkets).
13
$6.4 billion global identity governance and administration (IGA) market size in 2023 (MarketsandMarkets).
14
$10.2 billion global secure web gateway market size in 2023 (MarketsandMarkets).
15
$7.5 billion global CASB market size in 2023 (MarketsandMarkets).
16
$23.2 billion global firewall market size in 2023 (MarketsandMarkets).
Interpretation
Market Size Interpretation
For the Market Size angle, the data shows strong momentum in security and cloud, with the global public cloud end user market reaching $563 billion in 2023 and projected to grow by 20% in 2024, while dedicated security segments also scale rapidly such as $8.0 billion in cloud security and $48.9 billion in managed security services.
02 · Category
User Adoption4 stats
01
84% of organizations use containers in production environments (Snyk State of Open Source Security 2024)
02
74% of organizations report using containers in production (2024 CNCF Annual Survey).
03
51% of respondents say they use a security posture management (SPM) solution (2024 Enterprise Strategy Group survey via ESG).
04
58% of organizations state they are using threat intelligence feeds (2024 FireEye/Mandiant threat intelligence survey via Google Cloud blog).
Interpretation
User Adoption Interpretation
For user adoption, container use is widespread with 74% to 84% of organizations running them in production while security capabilities lag, with only 51% adopting security posture management and 58% using threat intelligence feeds.
03 · Category
Industry Trends5 stats
01
75% of security decision-makers say AI will be used for cybersecurity within the next 2 years (IBM)
02
3.4x higher likelihood of organizations using security automation to detect threats faster (IBM)
03
59% of breaches used stolen credentials (Verizon DBIR 2024)
04
2.9% of global traffic used the QUIC protocol in 2023 (Cloudflare Radar, QUIC adoption data).
05
58% of organizations say they have a shortage of cybersecurity professionals (2024 ISC2 Cybersecurity Workforce Study).
Interpretation
Industry Trends Interpretation
Industry Trends data show that security urgency is rising as 75% of decision-makers expect AI to be used for cybersecurity within 2 years and 58% of organizations report a cybersecurity professional shortage, driving faster, automated threat detection to keep pace.
More related reading
04 · Category
Performance Metrics2 stats
01
2.5x faster time-to-market with continuous deployment (AWS)
02
Time to remediate (TTR) exceeded 250 days for breaches in the dataset (2024 Mandiant/Google Metrics That Matter).
Interpretation
Performance Metrics Interpretation
Performance-wise, continuous deployment helps teams ship 2.5x faster while breach remediation still stretched beyond 250 days in the 2024 Mandiant Google Metrics That Matter dataset, showing that speed to release and speed to recover remain mismatched.
05 · Category
Cost Analysis2 stats
01
30-50% cost reduction potential from using autoscaling and resource optimization (Microsoft Azure Well-Architected)
02
2.7x return on investment from security orchestration and automation (2024 analyst report by Forrester).
Interpretation
Cost Analysis Interpretation
From a cost analysis perspective, companies can target a 30–50% reduction in costs through autoscaling and resource optimization while also improving economic outcomes with a 2.7x return on investment from security orchestration and automation.
06 · Category
Breach & Risk2 stats
01
36% average cost increase per record compared to 2023 for ransomware-related incidents (2024 IBM Cost of a Data Breach Report).
02
68% of organizations say they have experienced a breach involving a third party or supplier (2024 IBM Security Survey).
Interpretation
Breach & Risk Interpretation
For the Breach & Risk category, ransomware-driven costs rose 36% per record compared to 2023 while 68% of organizations reported breaches involving third parties, underscoring how external exposure is amplifying both financial and operational risk.
report visual · Comparison
Cloud security market sizing (2023)
Cloud security spend spans multiple submarkets, from network and endpoint security to SIEM and managed security services.
Global managed security services market size (2023)$48.9 billion
Global SIEM market size (2023)$8.7 billion
Global cloud security market size (2023)$8.0 billion
Global network security market size (2023)$5.1 billion
Global endpoint security market size (2023)$4.8 billion
source-verifiedfortunebusinessinsights.com · marketsandmarkets.com2023
Reference
Cite This Report
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APA
Leah Kessler. (2026, February 13). Chart Statistics. Gitnux. https://gitnux.org/chart-statistics
MLA
Leah Kessler. "Chart Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/chart-statistics.
Chicago
Leah Kessler. 2026. "Chart Statistics." Gitnux. https://gitnux.org/chart-statistics.
Sources & references
31 datasets cited across this report · attribution is report-level
aws.amazon.com+17 additional datasets cited (not shown individually)