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7.8 billion euros will be spent by German companies this year on hardware, software and services in the area of IT security, Bitkom calculates. That is 13 percent more than in the previous year. Managed security services are expected to generate around 3.6 billion euros in 2022. This is an increase of 14 percent compared to 2021 and thus accounts for the majority of total spending. Spending on security software will total EUR 3.2 billion, an increase of 12 percent. Hardware accounts for one billion euros (up 14%). Source: it-business.de

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