Analysis of the Asia-Pacific Network Security Market 2014
The Asia-Pacific (APAC) network security market recorded a year-on-year (YOY) growth rate of % in 2014, a further decline in growth rate of % in 2013.
Both Japan and China continued to lead, with the highest revenues for firewall/IPsec virtual private network (VPN) adoption at $ million and $ million, respectively. China ranked significantly high for secure sockets layer (SSL) VPN revenue at $million, and Japan saw investments for intrusion detection system (IDS)/intrusion prevention system (IPS) appliances at $million.
High profile breaches that occurred in 2014 involving key retailers in the United States have led to more enterprises believing there is a need to detect hidden malware in their network and to perform remediation. Network firewall companies have done strategic acquisitions, integration of advanced malware detection technologies, and correlation with end-point agents to provide enterprises with detection and remediation features.
Because of the controversial leak on Internet privacy by Edward Snowden as well as concerns over man-in-the-middle attacks, several enterprises and online content providers embarked on encrypting their Web traffic from HTTP to HTTPS using SSL or transport layer security (TLS). In 2014, as more Web sites streamed through encrypted traffic (HTTPS), most firewalls that inspect up to layer traffic became inadequate and face throughput issues when configured to https inspection.
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