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eSecurityPlanet Research Shows Gaps in Security Spending, Hiring

February 07, 2019 / Chris Preimesberger

As the U.S. economy continues to grow following the fiscal downturn of a decade ago—and, in parallel, as news of major security breaches continue to populate our news channels--we’re seeing steadily increasing investment from enterprises dead-set on better protecting their intellectual property, which is also growing out of control. In aggregate, this is good news for the data storage, IT software and hardware security industries, which have never had a harder time finding qualified technical professionals to fill myriad job openings numbering in seven figures. All this growth is hardly a surprise. We’ve had previous such indications from respected analysts such as IDC, which in 2016 forecast that global cyber-security spending will reach a lofty $102 billion by 2020, and MarketsandMarkets, which last year predicted a worldwide market worth a whopping $248 billion by 2023. Another blue-ribbon examiner of this super-important market, eSecurityPlanet.com, a top online r...