Global spending on information technology security and risk management is expected to reach US$150 billion this year.
Spending on IT security and risk management tech in Thailand is expected to surge 7.7% year-on-year to 13.7 billion baht in 2021, buoyed by the growth of remote work, cloud computing, and risk management, according to global research firm Gartner.
Thailand’s projected rise in spending falls short of the global projected growth of 12.4%.
In Thailand, cloud security is expected to see strong year-on-year growth of 256% with 198 million baht in spending in 2021. Last year, spending in this segment surged 141% to 56 million baht.
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