Identity access management and security services to drive worldwide spending growth.
Worldwide IT security spending is expected to climb 8% next year to $96.3 billion, fueled by investments in identity access management and security services – two areas on tap to rise faster than the overall spending growth rate, according to a Gartner report released this week.
Identity access management (IAM), the smallest slice in the overall IT security spending pie, is expected to jump 9.7% to $4.7 billion in 2018 over the previous year, the report states.