KEY FINDINGS The Asia Pacific application security market is set to record a CAGR of 17.99% during the forecast period, 2021-2028. The lack of cybercrime legislation and awareness and knowledge of basic security in the region makes it vulnerable to digital thefts. This is also one of the major reasons for malware attacks like ransomware. Such factors present market growth opportunities.
MARKET INSIGHTS Indonesia, Japan, India, South Korea, China, Australia & New Zealand, Vietnam, Thailand, Singapore, and Rest of Asia Pacific are evaluated for the Asia Pacific application security market growth assessment.In Japan, companies’ growing focus on the threats associated with access to corporate resources below security levels is one of the market growth drivers.
There are also several regulations in place for curbing security breaches.Also, businesses in critical infrastructure are investing to safeguard their models, given the cybersecurity threats.
Further, the government introduced a Basic Act on Cybersecurity.It established the National Centre of Incident Readiness and Strategy for Cybersecurity (NISC).
Such factors enable market growth in Japan. In countries like Indonesia, most businesses have low security awareness, and hence penetration testing becomes a necessity in the country.The government collaborated with the US in 2018 to promote strong cyberspace co-operation.
Further, in Vietnam, rapid technological developments have facilitated the access and sharing of information on the internet.This has also made the country vulnerable to sophisticated cyber-attacks.
Moreover, cashless payments are surging in the country, doubling in value in the first three quarters of 2018. The shifting preference to digital payments, the growing penetration of smartphones and the internet, the thriving e-commerce industry, and the surging need for immediate transactions, are the important factors propelling market growth in Vietnam.
COMPETITIVE INSIGHTS Some of the eminent companies in the market are Synopsys, Trustwave, Veracode, Whitehat Security, Sitelock, Rapid7 Inc, etc.
Our report offerings include: • Explore key findings of the overall market • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges) • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions • Market Segmentation cater to a thorough assessment of key segments with their market estimations • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc. • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc. • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
The Network Encryption Market is expected to register a CAGR of 16.2% over the forecast period 2021 - 2026. The increasing number of network security breaches, increasing adoption of cloud technologies by numerous organizations, and the rising need to comply with ever-changing regulatory standards for improved data protection are some of the...
The security orchestration market is expected to register a CAGR of 17.6% during the forecast period (2021 - 2026). The implementation of security orchestration across various organizations can help manage security alerts and prevent severe cyber-attacks. As the sophistication level in cyber-attacks is increasing, security vendors are trying...
Cyber threat intelligence (CTI) is a collection of data, information, and knowledge about past, present, and future cyberattacks.It is the cornerstone of mature cyber defense programs and a sought-after product category that allows organizations to adapt their security posture to the rapidly changing threat landscape.
This IDC Perspective discusses how Intel, under the moniker Intel Threat Detection Technology (TDT), is unlocking capabilities in its system on a chip (SoC) that fundamentally change the ability of security vendors to implement security. Intel TDT leverages silicon-level telemetry and functionality that security independent software vendors...
200 pages •
By The Business Research Company
• Mar 2021
Major players in the automated breach and attack simulation market are Qualys, Inc., Rapid7, DXC Technology, Cymulate, XM Cyber, AttackIQ, Skybox Security, SafeBreach, NopSec, and Firemon. The global automated breach and attack simulation market is expected to grow from $202.82 million in 2020 to $277.87 million in 2021 at a compound...
The growing number of cyber attacks across sectors has resulted in compromised confidential information, network outages, and loss of control over essential computing resources.With the increase in digital infrastructures, mobile users, and wireless network usage with the advent of IoT, the attack surfaces for cyber threats have been increasing...
The global MFA market size is projected to grow from USD 11.1 billion in 2021 to USD 23.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. Major driving factors for the MFA market include rise in security breaches, fraud, and data identity thefts, surge in use of BYOD/ IoT devices, high demand for...
316 pages •
By Global Industry Analysts
• Apr 2021
- Global Financial Services Cybersecurity Systems and Services Market to Reach $37 Billion by 2027
- Amid the COVID-19 crisis, the global market for Financial Services Cybersecurity Systems and Services estimated at US$15.8 Billion in the year 2020, is projected to reach a revised size of US$37 Billion by...
The cybersecurity market was valued at USD 156.24 billion in 2020, and it is expected to reach USD 352.25 billion by 2026, registering a CAGR of 14.5% during 2021-2026. The trends for IoT, BYOD, AI, and machine learning in cybersecurity are increasing. For instance, machine learning provides advantages in outlier detection, much to the benefit...
The shipping industry is responsible for about 90% of global trade by volume. Governments prioritize the safe and secure transportation of goods, including from land to sea at port sites, to ensure economic stability and growth.Ports are regarded as national infrastructure and are both a potential terrorist target and an entry point for terrorists;...
Location Based Service
Container Traffic Volume
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.