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According to Goldstein Research, “Exponential growth in cyber attacks is impacting the financial state of government and enterprises. Emerging trend of adopting advance technologies are making systems more vulnerable to cyber attacks. This has increased the demand for security packages and solutions to protect confidential data for industries such as government, military, banking financial service, IT and telecommunication, and many more in Asia-Pacific region.”

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report code hict 1007

Report Code : HICT1007

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

99 Wall Street, Suite No:- 527, New York, NY 10005

United States of America

+1-646-568-7747

+1-437-886-1181

Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301

India 

+44-203-318-6627

+91-120-473-0422,

+91-844-785-9968

www.goldsteinresearch.com

sales@goldsteinresearch.com

asia pacific apac cyber security market outlook

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

Asia-Pacific (APAC) Cyber Security MarketOutlook

In 2016, Asia-Pacific region come across maximum number of cyber attacks and over 25% of ransomware attacks were commenced. This growing cyber risk is raising awareness and requirement to mitigate cyber threats in Asia-Pacific region. Increasing digital transformation and connectivity APAC region is making it exposed to cyber threats. In 2016, over USD 80 million were stolen from bank in Bangladesh through cyber attack. In the same year frequent hacking of Philippines government sites were reported. Rising number of such incidents is propelling the demand of cyber security in APAC region. Moreover, government is also taking initiatives towards cyber laws and data security. Department of Defense Information Assurance Certification and Accreditation Process (DIACA), Health Insurance Portability and Accountability Act (HIPPA) and Payment Card Industry Data Security Standard (PCI-DSS) provided important guidelines which are mandatory to follow. Stringent policies related with deployment of cyber security solutions are encouraging the expansion of cyber security business in the region.

However, lack of education and awareness on cyber security is hindering the growth of cyber security market in the region. More than 75% of Asian population has no education about cyber security. Lack of awareness and proper infrastructure in least networked countries such as Cambodia and Myanmar is weakening the growth of cyber security market in APAC region.

Send us Sample Request @ https://www.goldsteinresearch.com/request-sample/asia-pacific-apac-cyber-security-market-outlook-2024-opportunity-assessment-and-demand-analysis-market-forecast-2016-2024

asia pacific apac cyber security market outlook 1

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

  • Market Segmentation
  • Based on Security Type
    • Network Security
    • Data & Cloud Security
    • Wireless Security
    • Application Security
    • Others     (Database Security, End-Point Security, Web Security)
  • Based on Solutions
    • Antivirus & Anti-Malware
    • Identity and Access Management (IAM)
    • Risk and compliance management
    • Firewall
    • Data Loss Prevention (DLP)
    • Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
    • Security & Vulnerability Management
    • Disaster Recovery
    • Distributed Denial of Service (DDoS) mitigation
    • Others (Web Filtering, Patch management)
  • Based on Services
    • Design and Integration Services
    • Consulting Services
    • Risk and Threat Assessment Services
    • Managed Security Services
    • Training and Education Services
  • Based on Deployment Mode
    • Cloud Based Deployment
    • On-Premise Deployment
  • Based on End-User
    • Aerospace and Defense Industry
    • Banking, Financial Services, and Insurance (BFSI) Industry
    • Government
    • IT and Telecommunication Industry
    • Energy and Utilities Industry
    • Healthcare Industry
    • Manufacturing Industry
    • Retail Industry
    • Other Industries (Education, Media and Entertainment, and Automotive)

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Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

  • Based on Geography
  • China {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • India {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Indonesia {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Malaysia {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Japan {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Singapore {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • South Korea {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Australia {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • New Zealand {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Rest of Asia {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Request for TOC @ https://www.goldsteinresearch.com/toc-request/asia-pacific-apac-cyber-security-market-outlook-2024-opportunity-assessment-and-demand-analysis-market-forecast-2016-2024
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Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

Market Size and Forecast (2016-2024)

The Asia-Pacific cyber security Market valued USD 15.92 billion and is estimated to reach USD 48.7 billion by the end of 2024, growing at compound annual growth of 15.0% over the forecast period.

Japan occupies the largest share of APAC cyber security market followed by China and Singapore. Cyber security is a major threat to an economy of emerging digital countries. China is the leading country in cloud computing market followed by Japan and Indonesia. As per International Data Corporation and National University of Singapore, Asia-Pacific region is projected to spend over USD 200 billion for cyber security breaches in next three years. However, no law on data protection in Indonesia is likely to impact negatively the growth of cyber security market in the region.

There are growing demands for Internet of Things (IoT) solutions in countries such India, Malaysia and Hong Kong. India cyber security market valued USD 1.2 billion USD in 2016. High income group countries such as Australia and New Zealand cyber security market are expected to reach over USD 4 billion by the end of 2024.

asia pacific apac cyber security market outlook 4

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

Asia-Pacific (APAC) cyber security market also provides competitive outlook of some of the major players of the APAC cyber security market which includes profiling of companies such as Cisco Systems Inc., IBM Corporation, Dell Root 9B, Herjavec, Check Point Software Technologies Ltd., Palo Alto Networks, Symantec Corp, McAfee, Kaspersky Lab, Trend Micro Inc., Fortinet Inc., FireEye Inc., Trend Micro, Imperva Inc., CyberArk Software Ltd. and AVG Technologies. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the Asia-Pacific (APAC) cyber security market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

asia pacific apac cyber security market outlook 5

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

  • Scope Background
  • Market Synopsis
  • Market Segmentation
  • The Asia-Pacific (APAC) Cyber Security Market segmentationas follows:
    • By Security Types (Market Size, Demand Analysis and Growth Analysis)
    • By Solutions Types (Market Size, Demand Analysis and Growth Analysis)
    • By Services Types (Market Size, Demand Analysis and Growth Analysis)
    • By Deployment Mode (Market Size, Demand Analysis and Growth Analysis)
    • By End-User (Market Size, Demand Analysis and Growth Analysis)
  • By Country
    • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
    • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
    • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
    • Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
    • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
    • Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

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asia pacific apac cyber security market outlook 6

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

  • Market Dynamics: Growth Drivers, Restraints and Opportunities
    • Risk Factors
    • Regional Variations
    • Recent Trends and Developments
  • Key Market Players
    • Synopsis
    • Business Strategy
    • Product Portfolio
    • SWOT Analysis
  • Porter’s Five Force Model
  • Market Landscape: Competition and Beyond
  • Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
  • Expert Analysis
  • Concluding Remarks

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asia pacific apac cyber security market outlook 7

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

About Goldstein Research

Based in U.S., Goldstein Researchis a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

asia pacific apac cyber security market outlook 8

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

Sample Request

For more information Contact Us:

99 Wall Street, Suite No:- 527, New York, NY 10005

United States of America

+1-646-568-7747

+1-437-886-1181

Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301

India 

+44-203-318-6627

+91-120-473-0422,

+91-844-785-9968

www.goldsteinresearch.com

sales@goldsteinresearch.com

asia pacific apac cyber security market outlook 9

Asia-Pacific (APAC) Cyber Security Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

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