Asia-Pacific Cyber Security market is growing at a CAGR of around 13.2% during the forecast period. The Asia Pacific is the fastest-growing region for the cyber security market owing to the increasing number of cyber-attacks and growing digitalization in the region. A significant increase in cyber-attacks cases has been witnessed during the last couple of years. Cyber-attacks in Asia have risen up to 45% as compared to the previous years. Digitalization in developing countries such as India and China enabled them as honey-pots for attackers.
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Presence of strong IT industry in India and China is one of the major factors that are driving the growth of the Asia-Pacific cyber security market. Moreover, as per Global Risk Report, 80% of Asia exposed to cyber-attacks as compared to other regions. The major reasons for this exposure are the growing internet penetration and the rising adoption of the IoT devices. Increasing adoption of the IoT devices has expanded the sources of vulnerability in the Asia Pacific region and has significant impact on the growth of the Asia-Pacific cyber security market. The major advantage of adopting these devices is its more efficient modes of communication and information sharing.
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Asia-PacificCyber Security Market Segmentation
By Type
• Network Security
• Application Security
• Mobile Security
• Wireless Security
• Cloud Security
• Others
By Solutions
• Risk and Compliance Management
• Identity and Access Management
• Data Loss Protection
• Firewall
• Unified Threat Management
• Encryption
• Antimalware and Antivirus
• DDOS mitigation
• Others (Security and Vulnerability Management, and Disaster Recovery)
By Vertical
• Government
• Aerospace & Defense
• BFSI
• Telecommunication
• Healthcare
• Retail
• Others (Manufacturing, and Transportation)
Regional Analysis
• China
• India
• Japan
• Rest of Asia-Pacific
Company Profiles
• Booz Allen Hamilton
• Capgemini SE
• CISCO Corp.
• CSC Corp.
• DELL (Secureworks Inc.)
• IBM Corp.
• Intel Corp.
• Lockheed Martin Corp.
• Palo Alto Networks
• Symantec Corp.
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