target audience: TECH SUPPLIER Publication date: Oct 2023 - Document type: Market Forecast - Doc Document number: # EUR150277523
EMEA CISO Spending on Services and Skills, 2022-2027
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Abstract
This IDC Market Forecast report details the 2023-2027 forecast for security services spending, encompassing professional and managed services — plus education and training — for the Europe, the Middle East, and Africa region. The report presents data from IDC's Security Spending Guide, which covers investments made by organizations of all size segments and across all vertical sectors. This is cross-referenced against the findings of IDC's 2023 EMEA Office of the CISO Survey, which investigates the priorities, pain points, strategies, and motivations of security leaders across the region.
"In 2022, strong security services spend continued, and we expect this to persist throughout the forecast period. Security services are driven by the twin forces of too many happenings (threats, digital transformation, regulation) and not enough people to do what needs to be done. There persists a strong desire for CISOs to do everything in-house, but this just isn't feasible or affordable," said Duncan Brown, group vice president, IDC.