Global internet users reached 4.9 billion in 2024, yet security, cloud, and IT spend are still scaling fast enough to keep risk and downtime firmly in focus. With $623.3 billion forecast for the global cloud security market and 34% of breaches tied to ransomware, the gap between investment and outcomes is harder to ignore than ever. Let’s unpack the figures that sit underneath that tension across software, cyber, and operations.
Key Takeaways
- 4.9 billion — number of global internet users in 2024
- $2.8 trillion — estimated worldwide software market size in 2024
- $1.6 trillion — estimated worldwide IT spending in 2024
- $12.6 billion — forecast market size for IT operations management (2024)
- 34% — share of breaches with ransomware (2024 DBIR)
- $1.6 trillion — estimated economic impact of cybercrime by 2023 (report estimate)
- 58% — of enterprises report using SaaS applications across core functions in 2024
- 66% — of organizations are using or evaluating generative AI for business purposes (2024 survey)
- 55% — of US adults used generative AI tools in 2023–2024 period (survey estimate)
- 2.2x — growth in spending on risk management platforms from 2023 to 2024 (forecast)
- 90% — of organizations expect regulatory compliance to influence cloud vendor selection (survey)
- 7% — projected CAGR for edge computing 2024-2028 (forecast)
- 2.3x — median reduction in latency with CDN/edge improvements (industry report)
- 99.95% — typical service uptime target for telecom cloud platforms
- 55% — organizations reduced cloud waste by implementing FinOps practices (2024 report)
With global cyber and cloud spend soaring, organizations are accelerating security, DevSecOps, and AI adoption in 2024.
Related reading
01 · Category
Market Size9 stats
01
4.9 billion — number of global internet users in 2024
02
$2.8 trillion — estimated worldwide software market size in 2024
03
$1.6 trillion — estimated worldwide IT spending in 2024
04
$623.3 billion — estimated global cloud security market size in 2023
05
$1.2 trillion — estimated global cybersecurity market size in 2023
06
$300 billion — global spending on AI software (forecast) in 2024
07
5.3% — average annual growth rate for global IT services spending projected for 2024–2028
08
6.3% — expected annual growth rate of global cloud infrastructure services spending in 2024–2028
09
3.9% — projected annual growth in managed security services spending 2024–2027 (forecast)
Interpretation
Market Size Interpretation
The market for related digital security and IT services is expanding fast, with the global software market reaching $2.8 trillion in 2024 and cloud and cybersecurity growing at annual rates of 6.3% for cloud infrastructure services and about 3.9% for managed security services from 2024 onward.
02 · Category
Cost Analysis4 stats
01
$12.6 billion — forecast market size for IT operations management (2024)
02
34% — share of breaches with ransomware (2024 DBIR)
03
$1.6 trillion — estimated economic impact of cybercrime by 2023 (report estimate)
04
$5.4 billion — estimated annual cost of downtime due to outages (global estimate)
Interpretation
Cost Analysis Interpretation
From a cost perspective, organizations face massive pressure with ransomware accounting for 34% of breaches and cybercrime estimated to reach $1.6 trillion by 2023, while downtime alone is projected to cost about $5.4 billion annually globally.
03 · Category
User Adoption8 stats
01
58% — of enterprises report using SaaS applications across core functions in 2024
02
66% — of organizations are using or evaluating generative AI for business purposes (2024 survey)
03
55% — of US adults used generative AI tools in 2023–2024 period (survey estimate)
04
74% — of enterprises have adopted DevSecOps practices (2024 report)
05
39% — of organizations reported using zero-trust security in 2023 (global survey)
06
63% — of enterprises plan to adopt data mesh (2024 survey)
07
9.2% — average global smartphone penetration in 2024 (as % of population)
08
78% — of organizations have adopted infrastructure as code (IaC) for provisioning in production environments (survey)
Interpretation
User Adoption Interpretation
User Adoption is accelerating rapidly, with 78% of enterprises already using infrastructure as code and 74% having adopted DevSecOps in 2024, showing strong momentum to modernize how work is delivered across platforms.
More related reading
04 · Category
Industry Trends10 stats
01
2.2x — growth in spending on risk management platforms from 2023 to 2024 (forecast)
02
90% — of organizations expect regulatory compliance to influence cloud vendor selection (survey)
03
7% — projected CAGR for edge computing 2024-2028 (forecast)
04
64% — organizations using serverless in production or evaluation (2024 report)
05
45% — reduction in malware delivery volume after email authentication rollout (industry metric)
06
76% — of organizations expect to invest in zero trust within 12 months (survey)
07
31% — of organizations are using or planning to use blockchain for supply chain in 2024 (survey)
08
$280 million — annual value at risk from AI misuse (report estimate)
09
24% — of all web application vulnerabilities in 2023 were identified as injection flaws (OWASP Top 10 prevalence snapshot)
10
7.5% — share of global IP addresses in use attributed to IPv6 in 2024 (measurement study)
Interpretation
Industry Trends Interpretation
Across Industry Trends, organizations are clearly accelerating security and resilience spend, with 76% expecting to invest in zero trust within 12 months and spending on risk management platforms forecast to grow 2.2x from 2023 to 2024.
05 · Category
Performance Metrics8 stats
01
2.3x — median reduction in latency with CDN/edge improvements (industry report)
02
99.95% — typical service uptime target for telecom cloud platforms
03
55% — organizations reduced cloud waste by implementing FinOps practices (2024 report)
04
30% — improvement in developer productivity from platform engineering (survey)
05
98% — traffic served via TLS 1.3 availability for major CDNs (2024 analysis)
06
46% — of respondents reported that they experienced a production outage caused by software deployment or change in the past 12 months
07
1.6% — average reduction in change failure rate achievable by implementing deployment guardrails (DORA-related research finding)
08
33% — decrease in patch deployment time after adopting vulnerability management automation (peer-reviewed evaluation)
Interpretation
Performance Metrics Interpretation
Performance metrics are trending positively as organizations cut latency by a median 2.3x and boost reliability with 99.95% uptime targets and 98% TLS 1.3 availability, even as about 46% still report deployment related production outages.
Reference
Cite This Report
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APA
David Kowalski. (2026, February 13). Market Statistics. Gitnux. https://gitnux.org/market-statistics
MLA
David Kowalski. "Market Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/market-statistics.
Chicago
David Kowalski. 2026. "Market Statistics." Gitnux. https://gitnux.org/market-statistics.
Sources & references
39 datasets cited across this report · attribution is report-level
+10 additional datasets cited (not shown individually)