IT security – market continues to grow – economy

The fear of ransomware and data leaks brings the IT industry good business. According to the digital association Bitkom, the market for IT security in Germany continues to grow. This year, 6.2 billion euros are expected to be spent on hardware, software and services. This is the first time that the threshold of six billion euros has been exceeded. The new high is 9.7 percent above the previous record year 2020 (5.6 billion euros in sales). The numbers were calculated by the market research company IDC for Bitkom. “Cyber ​​attacks have become an existential threat to the economy,” says Susanne Dehmel, a member of the Bitkom management team. For companies and administrations, IT security is essential for survival and must be an integral part of good management. “The Corona crisis has shown how vulnerable many companies are.”