Put the two numbers next to each other and something has to give. The market is forecast to grow at roughly three times the rate of the average buyer's budget.

There are only a few ways both hold. Spend concentrates into fewer, larger buyers, which matches the Wiz finding that the biggest spenders are also the least satisfied. Or buyers reallocate rather than add, retiring tools to fund platforms, which is the consolidation thesis every platform vendor is currently selling. Or the growth is coming from organizations that had no security budget line at all a year ago, which is what AI-native companies and newly regulated sectors look like.

For a security leader, the read is straightforward. Vendor pricing assumptions for 2026 are built on a 12% growth market. Your budget is not. Every renewal conversation this year is happening across that gap, and the vendor's uplift expectation is anchored to a number that does not describe your organization.