"Cloud Security Spending Set to Top $12bn by 2023"

A greater amount of companies are starting to use cloud services.  Organizations spent $178 billion on public cloud services last year, and the amount of money spent on public cloud services is expected to grow to $236 billion by 2020. Global spending on cloud security is set to grow nearly 18% to reach $12.7 billion by 2023, with protection for public cloud deployments prioritized over the coming years.  Since more and more companies are using cloud services,  it is becoming more important to protect mission critical systems and sensitive data on the cloud.  

Infosecurity reports: "Cloud Security Spending Set to Top $12bn by 2023"