Privacy spending of global organizations 2023, by company size
Between 2019 and 2023, the average spending on privacy in organizations worldwide increased more than twice. Organizations with over 10,000 employees spent around 3.9 million U.S. dollars securing data privacy more than other, smaller organizations. The highest privacy spending was recorded among large organizations (with 10,000 and more employees) in 2023, around 3.9 million U.S. dollars on average. Firms with 50–249 employees had the lowest privacy spending, approximately 1.5 million U.S. dollars on average.