Cybersecurity budget increase worldwide by industry 2023

A 2023 survey revealed that 89 percent of board members of companies active in business and professional services worldwide expect an increase in cybersecurity budget in the following 12 months. A similar share of board members of media, leisure, and entertainment companies also reported anticipating a budget increase. Among other sectors expecting an increase in cybersecurity spending were healthcare and energy, with 85 percent of board members confirming it.

Share of companies worldwide that expect an increase in cybersecurity budget in the next 12 months as of June 2023, by industry

Characteristic	Share of respondents
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Release date

September 2023

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Region

Worldwide

Survey time period

June 9 to 19, 2023

Number of respondents

659 respondents

Special properties

board directors

Supplementary notes

Respondents represent organizations of 5,000 employees or more across different industries in 12 countries. More than 50 board directors were interviewed in each market, which included the United States, Canada, United Kingdom (UK), France, Germany, Italy, Spain, Australia, Singapore, Japan, Brazil, and Mexico.

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