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PUBLISHER: IDC | PRODUCT CODE: 1426886

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PUBLISHER: IDC | PRODUCT CODE: 1426886

Asia/Pacific (Excluding Japan and China) Security Services Forecast Update, 2023-2027

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PAGES: 13 Pages
DELIVERY TIME: 1-2 business days
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This IDC forecast details the 2023-2027 market size and growth rate for the APEJC security services market. "Despite global economic challenges, the demand for security services is rising in the shift to a digital-first business landscape. The prominence of GenAI in 2023 comes with cyber-risks, as adversaries exploit it for sophisticated attacks. The Asia/Pacific region leads in GenAI adoption, while the focus on cyber-resiliency grows amid a surge in ransomware incidents. As digital landscapes evolve, third-party supply chain risks increase, emphasizing the need for robust risk management," says Christian Fam, research manager, IDC Asia/Pacific Security.

Product Code: AP50955624

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

  • Professional Security Services
  • IT Education and Training Services
  • Managed Security Services

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Increased Regulation Data and AI
      • Generative Artificial Intelligence boom
      • Strong Economic Growth for the Region
    • Inhibitors
      • Geopolitical instability
      • Scarcity of IT and Cyber Professionals
  • Significant Market Developments
    • Vendor Consolidation
    • Upcoming AI Regulations
    • Cyber Is Recession Proof
  • Changes from Prior Forecast

Market Definition

Methodology

Related Research

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