Technology Industry Statistics

58% of organizations experienced ransomware in the past year—discover what this signals for cloud, endpoint, and cybersecurity spending trends.
Attila HorváthGeorge Lockwood

Written by Attila Horváth

Fact-checked by George Lockwood

Statistics
32
Sources
32
Sections
6
Reading time
7 minutes
Cloud and SaaS adoption is reshaping IT operations, with 89% of organizations using cloud services in 2024 and 79% running SaaS applications. Container use is also common, while security pressures extend across endpoints, application platforms, and breach response performance. Alongside these shifts, talent and training needs are growing as technology changes faster than teams can upskill.

Key Takeaways

  1. 1$1.09 trillion projected cloud infrastructure services revenue worldwide in 2027
  2. 2$2.0 trillion projected IT spending in the United States in 2025
  3. 39.9% projected growth rate for worldwide cybersecurity spending in 2024
  4. 4$25.4 billion global market for endpoint security was forecast for 2024
  5. 5$10.6 billion global market size for cloud workload protection platforms (CWPP) in 2024
  6. 6$55.4 billion global market for cybersecurity services in 2024
  7. 789% of organizations reported using cloud services in 2024
  8. 829% of software developers reported using AI assistants for code generation in 2024
  9. 979% of organizations said they are using SaaS applications
  10. 1031% of developers reported having used generative AI tools in 2024
  11. 113.7% of all global fixed broadband subscriptions had both IPv6 and DOCSIS WAN support in H1 2024
  12. 1258% of organizations said they experienced ransomware in the past year
  13. 135.8 million job openings for information technology occupations were available in the United States in 2023
  14. 141.0 million workers were employed in computer and mathematical occupations in the United States in May 2023
  15. 15In 2023, the United States had 62.9% of STEM graduates employed in STEM fields 2 years after graduation

With cloud adoption surging and ransomware rising, cybersecurity investment is forecast to top $55.4 billion in 2024.

Related reading

01Industry Overview

8
  1. 1$1.09 trillion projected cloud infrastructure services revenue worldwide in 2027
  2. 2$2.0 trillion projected IT spending in the United States in 2025
  3. 39.9% projected growth rate for worldwide cybersecurity spending in 2024
  4. 465% of organizations reported using a cloud-based security tool to detect and respond to threats (2024)
  5. 560% of breaches involved human element errors or failures in 2023
  6. 639% of CISOs reported their organizations lacked a well-defined incident response plan
  7. 771% of organizations reported using multi-factor authentication (MFA) for remote access
  8. 853% of IT professionals reported that they had to remediate vulnerabilities within 30 days to meet internal requirements

More related reading

02Market Size

8
  1. 1$25.4 billion global market for endpoint security was forecast for 2024
  2. 2$10.6 billion global market size for cloud workload protection platforms (CWPP) in 2024
  3. 3$55.4 billion global market for cybersecurity services in 2024
  4. 4$14.2 billion global market for application security software in 2023
  5. 5$7.4 billion global market for identity and access management (IAM) in 2023
  6. 6$2.3 billion revenue in 2023 for the global managed detection and response (MDR) market
  7. 7$8.6 billion global market for secure web gateway (SWG) in 2023
  8. 8$1.9 billion revenue for the world market of managed security services in 2023

More related reading

03User Adoption

5
  1. 189% of organizations reported using cloud services in 2024
  2. 229% of software developers reported using AI assistants for code generation in 2024
  3. 379% of organizations said they are using SaaS applications
  4. 476% of organizations reported using containers in production environments
  5. 567% of companies had adopted DevSecOps practices

More related reading

05Workforce

4
  1. 15.8 million job openings for information technology occupations were available in the United States in 2023
  2. 21.0 million workers were employed in computer and mathematical occupations in the United States in May 2023
  3. 3In 2023, the United States had 62.9% of STEM graduates employed in STEM fields 2 years after graduation
  4. 4In 2023, 74% of IT professionals reported needing additional training to keep up with technology changes

More related reading

06Performance Metrics

4
  1. 16.7% year-over-year growth in global ICT services market revenues in 2023 (nominal terms)
  2. 2Bandwidth usage increased from 2022 to 2023 by 33% globally (ITU T digital data estimates)
  3. 3The mean time to respond (MTTR) for breaches averaged 288 days in 2023 (IBM Security estimate)
  4. 4Data centers accounted for about 1% of global electricity demand in 2022 (IEA estimate range)

Cite this report

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APA
Attila Horváth. (2026, September 21). Technology Industry Statistics. Sigmadax. https://sigmadax.com/technology-industry-statistics
MLA
Attila Horváth. "Technology Industry Statistics." Sigmadax, 21 Sep 2026, https://sigmadax.com/technology-industry-statistics.
Chicago
Attila Horváth. 2026. "Technology Industry Statistics." Sigmadax. https://sigmadax.com/technology-industry-statistics.

Sources and references

32 datasets cited across this report. Attribution is report-level.

my.idc.comgartner.comglobenewswire.comreportlinker.comprecedenceresearch.comflexera.comjetbrains.comsurvey.stackoverflow.coaa.com.trcisa.govmarketsandmarkets.comimarcgroup.combls.govncses.nsf.govmicrosoft.comunctad.orgitu.intibm.comverizon.comiea.orgdatadoghq.comsnyk.ioenisa.europa.euveracode.com

8 additional datasets are cited and not shown individually.