Vendor Selection
We've curated 9 cybersecurity statistics about Vendor selection to help you understand how businesses are choosing partners effectively to mitigate risks and enhance security posture in 2025.
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87% of IT and security professionals in the U.S., 85% in the U.K., and 77% in Germany say they would likely switch cybersecurity vendors due to data sovereignty concerns.
76.1% of IT and security professionals say they would likely switch cybersecurity vendors due to concerns about data sovereignty, jurisdiction, or foreign government access to their data.
79.4% of IT and security managers and 72.8% of practitioners say they would likely switch vendors due to data sovereignty concerns.
49% of successful Canadian software buyers paid close attention to a vendor’s history of breaches or attacks before purchase.
32% of successful Canadian software buyers checked encryption standards of vendors before purchase.
41% of successful Canadian software buyers considered patching and update practices before purchase.
38% of successful Canadian software buyers evaluated a vendor's reputation for incident response before purchase.
Successful Canadian software adopters typically complete vendor selection in about three months, while disappointed buyers take four to five months.
99% of satisfied Canadian software buyers narrowed their choices to five vendors or fewer, compared to 90% of disappointed buyers.