Cloud security spending in the United States is expected to reach $1.93 billion by 2021.
In 2016, the US region spent $675 million on cloud security solutions in total, meaning it will triple in the following years.
According to PreciseSecurity.com the United States represents the leading cloud security spending region in the World, followed by the Asia Pacific with $638 million cloud security costs expected in 2021. With $573 million in expenses on cloud security solutions by 2021, Europe takes third place on this global list. In the same period, The Latin America region is estimated to spend $86 million on cloud security services.
