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Asia/Pacific (Excluding Japan and China) Security Services Forecast, 2022–2026

Publisher IDC
Published Mar 28, 2023
Length 10 Pages
SKU # IDC17840619

Description

Asia/Pacific (Excluding Japan and China) Security Services Forecast, 2022–2026

This IDC forecast details the 2022–2026 market size and growth rate for the security services market of Asia/Pacific (excluding Japan and China) (APEJC). "With impending uncertainty looming overhead surrounding economic conditions, geopolitical situations, and the never-ending pandemic, it would be natural for organizations to turtle up on their security spending. Yet, IDC still sees increased cybersecurity budgets and growth through 2026. The fact remains — sophisticated attacks are more prevalent, and the threat landscape is metamorphosizing constantly. Security and business leaders must work together to continuously educate the C-suite and justify security spending," says Christian Fam, research manager, IDC Asia/Pacific Security Services.

Please Note: Extended description available upon request.

Table of Contents

10 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Macromarket View
Professional Security Services
IT Education and Training Services
Managed Security Services
Market Context
Drivers and Inhibitors
Drivers
Evolving Cyberattacks Causing More Focus on Cyber-Resiliency
Rapid Digitalization Resulting in Cybersecurity Transformation
Development of Digital Sovereignty Regulations
Inhibitors
Impending Recession and Inflation
Scarcity of Skilled IT Professionals
Significant Market Developments
Geopolitical Instability
Cloud Deployment Continues to Drive Growth
Increased Government initiatives to Improve Cybersecurity
Market Definition
Methodology
Related Research
How Do Licenses Work?
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