29 Jun Global Cybersecurity Market Forecasts From Cybersecurity Ventures, Forrester, Gartner
This week in cybersecurity from the editors at Cybercrime Magazine
Sausalito, Calif. – Jun. 29, 2026
Forrester forecasts that worldwide information security spending will reach $200 billion in 2026, while Gartner projects $240 billion for 2026. Cybersecurity Ventures predicts the figure will be $522 billion in 2026. These figures are in the 2026 Cybersecurity Market Report, published by Cybercrime Magazine in partnership with Evolution Equity Partners.
“A large portion of information security related spending is not accounted for as being information-security related,” says Steve Morgan, founder of Cybersecurity Ventures and Editor-in-Chief at Cybercrime Magazine. This was called out nearly a decade ago in an Inc. Magazine article, and it’s still true today. “If all of the unaccounted expenditures could be tallied by the analysts, then the IT security spending figures would be much higher,” adds Morgan.
The delta between the spending figures from Cybersecurity Ventures and the IT analyst firms are due in large part to the number of security categories and attack surfaces that are covered.
“Historic analyst reports are rooted in ‘IT security’ (servers, networking gear, data centers and IT infrastructure, PCs, laptops, tablets, and smartphones) and not fully evolved to ‘cybersecurity,’ which includes noncomputer devices and non-IT centric platforms and environments — which covers entire sub-markets, i.e. aviation security, automotive security, IoT security, and IIoT (Industrial Internet of Things) security,” says Morgan. “All of those market segments, plus others, combine to make up the cybersecurity market, as we see it.”
Even IT security services are difficult to fully size. Tech is a cottage industry, which includes tens of thousands of VARs (value-added-resellers), IT solutionproviders, and SIs (systems integrators), who wrap IT security services around the IT infrastructures they implement and support—but (most of) these firms don’t break out and report cybersecurity revenues as a separate bucket.
Cybersecurity Ventures predicts that the global cybersecurity market will reach $1 trillion annually by 2031 based on 15 percent year-over-year growth over the next five years.
Read the 2026 Cybersecurity Market Report
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