IDC FutureScape: Worldwide Future of Trust 2023 Predictions

IDC FutureScape Figure

• Figure: IDC FutureScape: Worldwide Future of Trust 2023 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

• Summary of External Drivers

• Predictions: Impact on Technology Buyers

• Prediction 1: By 2026, 30% of Large Enterprise Organizations Will Migrate to Autonomous Security Operations Centers Accessed by Distributed Teams for Faster Remediation, Incident Management, and Response

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 2: By 2024, 35% of Organizations Will Employ a Privacy Engineer to Operationalize Privacy by Design Principles into IT Systems, Processes, and Product Development Strategy

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 3: By 2024, 30% of Heavily Regulated Organizations Will Adopt Confidential Computing Technologies to Combine and Enrich Sensitive Data Critical to Multiparty Compute Applications While Preserving Privacy

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 4: By the End of 2024, 65% of Major Enterprises Will Mandate Data Sovereignty Controls from Their Cloud Service Providers to Adhere to Data Protection and Privacy Regulatory Requirements

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 5: By 2026, Driven by Steep Regulatory Growth, Talent Gap, and Cost Efficiency Measures, 40% of Organizations Will Invest in Compliance-as-a-Service Offerings to Meet Their Regulatory Mandates

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 6: By 2027, 60% of G2000 Companies Will Adopt Continuous Risk Assessments Over Annual Security Audits, Leveraging Service Providers to Limit the Burden of Policies, Practices, and Technical Debt

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 7: By 2025, the SEC Will Publish Standards for Cyber-Risk Scoring, and Publicly Traded Companies Will Be Required to Update and Report This Score on an Annual Basis

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 8: By 2024, 30% of Organizations Will Advance Their ESG Metrics and Data Management Beyond Reporting Capabilities to Generate Sustainably Driven Cost and Competitive Advantages

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 9: By 2024, 75% of Large Enterprise Firms Will Implement Purpose-Specific ESG Data Management and Reporting Software as a Response to Emerging Legislation and Increased Stakeholder Expectations

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

• Prediction 10: By 2025, 45% of CEOs, Fatigued by Security Spending Without Predictable ROI, Will Demand Security Metrics and Results Measurement to Assess and Validate Investments Made in Their Security Program

• Associated Drivers

• IT Impact

• Business Impact

• Guidance

Advice for Technology Buyers

External Drivers: Detail

• Geopolitical Reality — Sovereignty in the Digital World

• Cybersecurity and Risk — Scaling and Evolving Threat Environment

• Meaningful Intelligence — Differentiated Decision Power

• Ecosystem-Based Innovation — Driving Enterprise Value

• Mainstream ESG — Sustainability Is Measured and Mandatory

• Work Mode Upheaval — New Models and Leadership

• Everything as a Service — Thriving Through the Change

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• Related Research