Global outlays on security software, hardware, and services will reach $103.1 billion this year, according to IDC, and climb at a 9.2 percent CAGR between 2018 and 2022 to $133.8 billion. Like so many others in the industry, SYNNEX finds numbers like that irresistibly mouth-watering.
“It’s massive,” says Urban of the security market, adding that it meets an undeniable customer need as well. “If there’s an issue, there’s a real issue, and it’s expensive,” he observes.
Larocque reinforced the point, noting that CEOs and business owners once ill-informed about security risks are now constantly worrying about them. “The number one thing that keeps them up at night is security,” he says.
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Exhibits in the conference’s sprawling expo hall, including this IoT-enabled bus, provided concrete examples of the pre-packaged and outsourced offerings resellers can get from SYNNEX these days along with plain old hardware and software.