Locks and Security News: your weekly locks and security industry newsletter
17th April 2024 Issue no. 701

Your industry news - first

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Gartner: Worldwide security spending will approach $86 billion in 2016

Worldwide spending on security is expected to touch the $60 billion mark in 2012, up 8.4 percent from $55 billion in the previous year, according to research company Gartner -- this figure will approach $86 billion in 2016.

"The security infrastructure market is expected to experience positive growth over the forecast period, despite risks of further economic turbulence," said Lawrence Pingree, research director at Gartner.

19th September 2012