According to Gartner’s latest forecast, spending on information security and risk management products and services is forecast to grow 11.3 percent to reach more than $188.3 billion in 2023.
As organisations increase their focus on ESG, third-party risk, cyber-security risk and privacy risk, Gartner predicts that the integrated risk management (IRM) market will show double-digit growth through 2024, until greater competition results in cheaper solutions.
