Global Information Security Spending To Exceed $124B In 2019, Privacy Concerns Driving Demand

Worldwide spending on information security is forecast to rise 8.7% and exceed $124 billion in 2019 according to a forecast from U.S. research firm Gartner, a member of the S&P 500 index. Privacy concerns are expected to "drive around 10%" of market demand for security services through 2019.