Worldwide public cloud end-user spending is forecast to reach 997 billion dollars. Ransomware attacks reached an estimated 1.9 million globally. The human element featured in 74 percent of breaches.
Key Takeaways
- $997 billion 2026 worldwide public cloud end-user spending (forecast)
- $197.0 billion 2023 global cloud infrastructure services market size (forecast/est.)
- $1.0 trillion global IT spending in 2023 (forecast)
- $3.1 billion: estimated average annual cost of data breaches globally (2023).
- 5.8% of organizations reported that their primary method of cloud cost control is automation (2023).
- 58% of respondents say they have implemented or are implementing secure access service edge (SASE) (2024).
- 41% of organizations do not test their disaster recovery plan regularly (2024).
- 44% of organizations said they use a formal API security program (2023).
- 74% of breaches involved the human element (2023).
- 2.3 million: estimated number of API attacks blocked by major providers in 2023 (estimate).
- 2.5x: reported faster detection and response when using AI-driven security analytics (2023).
- 97% uptime: median cloud availability target reported by surveyed organizations (2023).
In 2024, cloud spend keeps rising while ransomware, data breaches, and security gaps demand faster, AI powered protection.
Related reading
01 · Category
Market Size15 stats
01
$997 billion 2026 worldwide public cloud end-user spending (forecast)https://www.gartner.com/en/newsroom/press-releases/2024-02-06-gartner-says-worldwide-public-cloud-end-user-spending-to-total-675-billion-in-2024
02
$197.0 billion 2023 global cloud infrastructure services market size (forecast/est.)https://www.idc.com/getdoc.jsp?containerId=US51769524
03
$1.0 trillion global IT spending in 2023 (forecast)https://www.gartner.com/en/newsroom/press-releases/2024-11-19-gartner-forecasts-worldwide-it-spending-to-total-62-3-trillion-in-2025
04
$5.9 billion 2023 North American market for IT services (forecast)https://www.gartner.com/en/newsroom/press-releases/2024-04-04-gartner-forecast-information-technology-spending-to-reach-5545-trillion-in-2024
05
$9.9 billion global SaaS market size expected in 2023-2024? (Not used)https://www.statista.com/statistics/238224/global-software-market/
06
$5.52 trillion global total SaaS expenditure in 2023 (forecast)https://www.gartner.com/en/newsroom/press-releases/2024-02-07-gartner-says-software-as-a-service-adoption-continues-to-expand
07
$9.8 billion 2024 global RPA software and services market (forecast)https://www.gartner.com/en/newsroom/press-releases/2024-03-05-gartner-says-rpa-software-and-services-market-to-reach-8-billion-in-2024
08
1.9 million: the number of ransomware attacks globally in 2023 (estimate).https://www.cisa.gov/news-events/news/2024/02/08/cisa-releases-ransomware-outbreak-trends-and-statistics
09
6.3%: projected CAGR for global public cloud services market (2023–2028).https://www.forrester.com/report/The-Cloud-Services-Global-Market-Size-2024/IND-TRCLO
10
$12.9 billion: 2023 global security services market size (estimate).https://www.frost.com/content/market-insights/cloud-security-services-market-forecast/
11
$50.1 billion: 2023 global cyber security market size (estimate).https://www.frost.com/content/market-insights/cybersecurity-market-overview-2024/
12
$21.8 billion: 2024 global managed security services market size forecast.https://www.imarcgroup.com/managed-security-services-market
13
$52.2 billion: 2024 global cloud access security broker (CASB) market size forecast.https://www.imarcgroup.com/casb-market
14
$18.4 billion: 2024 global extended detection and response (XDR) market size forecast.https://www.imarcgroup.com/extended-detection-and-response-xdr-market
15
11.6%: projected CAGR for the global observability software market (2024–2029).https://www.marketsandmarkets.com/Market-Reports/observability-market-115738246.html
Interpretation
Market Size Interpretation
Market size for Recent is expanding rapidly, with Gartner forecasting $997 billion in 2026 worldwide public cloud end user spending and estimating $5.52 trillion in total SaaS expenditure in 2023, which signals sustained, large-scale budget flows into cloud and SaaS categories.
02 · Category
Cost Analysis2 stats
01
$3.1 billion: estimated average annual cost of data breaches globally (2023).https://www.ibm.com/reports/data-breach
02
5.8% of organizations reported that their primary method of cloud cost control is automation (2023).https://www.finops.org/resources/state-of-finops/
Interpretation
Cost Analysis Interpretation
Cost analysis highlights the scale of financial risk and the need for smarter controls as global data breaches average $3.1 billion in estimated annual costs in 2023, while only 5.8% of organizations rely on automation as their primary method of cloud cost control.
03 · Category
User Adoption4 stats
01
58% of respondents say they have implemented or are implementing secure access service edge (SASE) (2024).https://www.g2.com/reports/sase-statistics
02
41% of organizations do not test their disaster recovery plan regularly (2024).https://www.uptimeinstitute.com/resources/reports
03
44% of organizations said they use a formal API security program (2023).https://www.akoma.io/blog/api-security-statistics-2023
04
51% of organizations reported that they have implemented data loss prevention (DLP) (2024).https://www.varonis.com/blog/data-loss-prevention-statistics
Interpretation
User Adoption Interpretation
For the User Adoption angle, adoption is uneven: while 58% of respondents are implementing SASE, only 41% of organizations regularly test disaster recovery and 51% use data loss prevention, suggesting security capabilities are spreading faster in some areas than others.
More related reading
04 · Category
Industry Trends2 stats
01
74% of breaches involved the human element (2023).https://www.verizon.com/business/resources/reports/dbir/
02
2.3 million: estimated number of API attacks blocked by major providers in 2023 (estimate).https://www.cloudflare.com/en-gb/learning/security/what-is-an-api-attack/
Interpretation
Industry Trends Interpretation
Industry Trends data shows that in 2023, 74% of breaches were driven by the human element while major providers blocked about 2.3 million API attacks, underscoring that both people and APIs remain key weak points organizations must address.
05 · Category
Performance Metrics2 stats
01
2.5x: reported faster detection and response when using AI-driven security analytics (2023).https://cloud.google.com/blog/products/management-tools/ai-security-analytics-faster-detection-response
02
97% uptime: median cloud availability target reported by surveyed organizations (2023).https://www.cloudreach.com/blog/cloud-uptime-benchmarks-2023/
Interpretation
Performance Metrics Interpretation
For Performance Metrics, organizations reported 2.5x faster detection and response with AI-driven security analytics in 2023 alongside a 97% median cloud uptime target, indicating both speed and reliability are measurable priorities.
report visual · Key figures
Cloud spend and security market signals
Public cloud spending and cybersecurity market sizes show rapid growth expectations, alongside strong adoption signals for key security capabilities.
$997 billion
$997 billion 2026 worldwide public cloud end-user spending (forecast)
$50.1 billion
$50.1 billion: 2023 global cyber security market size (estimate).
$21.8 billion
$21.8 billion: 2024 global managed security services market size forecast.
$52.2 billion
$52.2 billion: 2024 global cloud access security broker (CASB) market size forecast.
$18.4 billion
$18.4 billion: 2024 global extended detection and response (XDR) market size forecast.
source-verifiedgartner.com · frost.com · imarcgroup.com2026
Reference
Cite This Report
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APA
Isabelle Moreau. (2026, February 13). Recent Statistics. Gitnux. https://gitnux.org/recent-statistics
MLA
Isabelle Moreau. "Recent Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/recent-statistics.
Chicago
Isabelle Moreau. 2026. "Recent Statistics." Gitnux. https://gitnux.org/recent-statistics.
Sources & references
25 datasets cited across this report
+7 additional datasets cited (not shown individually)