Worldwide Cybersecurity market summary Q1 2024

In today's rapidly evolving cybersecurity landscape, strategic partnerships and efficient distribution channels are more crucial than ever. With the majority of cybersecurity spending flowing through partners, understanding these dynamics can provide key insights into market trends and vendor strategies.

Overview of Cybersecurity Channel Spending

• The majority (over 90%) of cybersecurity spending is routed through partners, indicating a strong reliance on the channel.


• Last quarter, the cybersecurity channel grew by 8.6%, amounting to US$18.5 billion.


• Channel-based spending on cybersecurity technology accounted …

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