Gartner Predicts Surge In 2025 Cybersecurity Spending

GenAI-powered attacks, cloud movement, and talent crunches are growing concerns fueling information security spending growth, Gartner says.

  • September 19, 2024 | Author: Alan Strakey
Learn More about this topic

Article Key

The cybersecurity landscape will be a mix of growth and challenges, according to a recent report by Gartner. Spending on cybersecurity services is expected to surge, driven by concerns surrounding GenAI-powered attacks, the cloud movement, and cyber talent shortages. Organizations are gearing up to invest more in protecting their digital assets.

According to Gartner's projections, global spending on information security will rise by 15.1 percent in 2025, reaching a total of $212 billion next year. This illustrates the opportunity Sophos partners can leverage to help organizations enhance their security posture and mitigate risks.

Security Services Spending Leads the Charge

The security services market (security consulting services, security professional services, and managed security services) is expected to grow faster than other security segments. However, skilled cybersecurity professionals remain hard to come by for many organizations. Gartner analysts forecast that security services spending will rise 15.6 percent in 2025 to reach $86 billion globally next year.

Cyberattacks Fueled by GenAI Are a Growing Threat

Since the release of GenAI, attackers have increasingly employed tools along with large language models (LLMs) to carry out large-scale social engineering attacks. Gartner predicts these GenAI-powered attacks will propel a 15 percent increase in security software spending (application security, data security and privacy, and infrastructure protection) next year, reaching over $100 billion worldwide. The research shows that by 2027, 17 percent of cyberattacks and data leaks will involve GenAI technologies.  

Cyber-Risk Creates Cyber-Opportunity

The forecasted increases in cybersecurity spending present a significant growth opportunity for Sophos partners. By staying abreast of the latest trends and technologies in cybersecurity, partners can offer tailored cybersecurity solutions that address their clients' specific needs. From endpoint protection to managed detection and response (MDR), threat intelligence, and incident response, Sophos provides a comprehensive portfolio of security products and services that enable partners to deliver value-added solutions to their customers.

Whether you are a solution provider, cloud security advisor, or MSP, check out the Sophos partner program to see how Sophos adapts and rewards its partners, no matter how they choose to sell Sophos to meet their customers’ needs for optimized cybersecurity.