China Cybersecurity Market Growth, Size, Trends, Share, Demand, Revenue and Future Outlook
China Cybersecurity Market Size- By Offering, By Deployment, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: IACT2457 | Pages: 1 - 108 | Formats*: |
| Category : Information & Communications Technology | |||
China Cybersecurity Market Introduction and Overview
According to SPER Market Research, the China Cybersecurity Market is estimated to reach USD 108.36 billion by 2033 with a CAGR of 21.54%.
The report includes an in-depth analysis of the China Cybersecurity Market, including market size and trends, product mix, distribution channels, and supplier analysis. Cybersecurity protects against illegal access, use, disclosure, disruption, alteration, and destruction of computer systems, networks, and data. It is dependent on a variety of tools, procedures, and methods intended to protect digital assets and guarantee the privacy, accuracy, and accessibility of data. To protect against cyber risks, such as malware, phishing attacks, data breaches, and unauthorized access, it entails putting in place safeguards like firewalls, encryption, access controls, and intrusion detection systems. Organizations all throughout the world are currently investing in cybersecurity in order to safeguard their assets, uphold customer confidence, and adhere to legal obligations.
- July 2022 - To help realize an ambitious goal: unifying threat research across many Palo Alto Networks products, Red Canary, the Managed Detection and Response (MDR) company, has extended its collaboration with Palo Alto Networks. To achieve this goal, Red Canary has partnered with Palo Alto Networks Cortex® MSSP. Palo Alto Networks firewalls are supported by Red Canary MDR's integration with PAN-OS versions nine and higher.
- March 2022: An E+ round of fundraising totaling over 300 million yuan was successfully concluded by Beijing-based ThreatBook, a provider of security threat intelligence. An existing stakeholder, Star Road Ventures, led CDH Investment in completing the transaction.
Market Opportunities and Challenges
Opportunities: As response to the growing international conflict and calls for additional personal protections, the Chinese government is planning to leverage its cybersecurity industry. This is part of their ongoing efforts to address data security concerns. With the growing penetration of the Internet in China, cybersecurity solutions are expected to be more in demand. Cybersecurity has become an essential part of any business in China because of the growing data susceptibility caused by the spread of wireless networks for mobile devices. Because of the rising number of cybercrime incidents and the regulations requiring reports, the Chinese cybersecurity industry is booming.
Challenges: China's cybersecurity market is dealing with numerous obstacles arising from its intricate legislative system, advanced technical landscape, and geopolitical conflicts. Navigating China's complex regulatory environment, which is comprised of legislation like the National Intelligence Law and the Cybersecurity Law that impose rigorous data localization requirements and grant the state access to user data, is one major obstacle. These rules not only make it difficult for international businesses to comply, but they also raise concerns about data security and privacy. Furthermore, China's quick technical development creates vulnerabilities because cyber threats develop in tandem with breakthroughs, necessitating ongoing adaptation and investment in cutting-edge solutions.
Market Competitive Landscape
The cybersecurity market in China is fairly dispersed. Market participants take strategic actions like collaborations, investments, and new product launches as a result of businesses' growing awareness of mobility security. Some of the market key players are Palo Alto Networks, QI-ANXIN Technology Group Inc., River Security, ThreatBook, Sophos Ltd., Tophant Inc., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Offering, By Deployment, By End User |
| Regions covered | Eastern, Western, Northern, Southern |
| Companies Covered | Beijing Chaitin Future Technology Co.,Ltd, CoreShield Times, IBM Corporation, IDsManager, iJiami, Palo Alto Networks, QI-ANXIN Technology Group Inc., River Security, ThreatBook, Sophos Ltd., Tophant Inc., Others. |
COVID-19 Impact on China Cybersecurity Market
The COVID-19 outbreak is expected to have a significant impact on the cybersecurity market in China because of the rising trend of ransomware and malware cyberattacks, It is driving businesses to implement cybersecurity solutions as a result of many of them moving to remote work settings due to national lockdowns.
Key Target Audience:
- Government Agencies
- Financial Institutions
- Healthcare Organizations
- Energy and Utility Companies
- Retail and E-commerce Businesses
- Manufacturing and Industrial Sector
- Educational Institutions
- Telecommunication Companies
- Small and Medium Enterprises (SMEs)
- Legal and Compliance Firms
- Information Technology (IT) Service Providers
Our in-depth analysis of the China Cybersecurity Market includes the following segments:
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| By Deployment: |
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| By End User: |
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Key Topics Covered in the Report:
- China Cybersecurity Market Size (FY’2024-FY’2033)
- Overview of China Cybersecurity Market
- Segmentation of China Cybersecurity Market By Offering (Security Type, Services)
- Segmentation of China Cybersecurity Market By Deployment (Cloud, On-premise)
- Segmentation of China Cybersecurity Market By End User (BFSI, Healthcare, Manufacturing, Government & Defence, IT and Telecommunication, Others)
- Expansion Analysis of China Cybersecurity Market
- Problems and Obstacles in China Cybersecurity Market
- Competitive Landscape in the China Cybersecurity Market
- Impact of COVID-19 and Demonetization on China Cybersecurity Market
- Details on Current Investment in China Cybersecurity Market
- Competitive Analysis of China Cybersecurity Market
- Prominent Players in the China Cybersecurity Market
- SWOT Analysis of China Cybersecurity Market
- China Cybersecurity Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the China Cybersecurity Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. China Cybersecurity Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in China Cybersecurity Market
7. China Cybersecurity Market, By Offering (USD Million)
7.1. China Cybersecurity Market Value Share and Forecast, By Offering, 2024-20337.2. Security Type7.2.1. Cloud Security7.2.2. Data Security7.2.3. Identity Access Management\7.2.4. Network Security7.2.5. Consumer Security7.2.6. Infrastructure Protection7.2.7. Others7.3. Services
8. China Cybersecurity Market, By Deployment (USD Million)
8.1. China Cybersecurity Market Value Share and Forecast, By Deployment, 2024-20338.2. Cloud8.3. On-premise
9. China Cybersecurity Market, By End User (USD Million)
9.1. China Cybersecurity Market Value Share and Forecast, By End User, 2024-20339.2. BFSI9.3. Healthcare9.4. Manufacturing9.5. Government & Defence9.6. IT and Telecommunication9.7. Others
10. China Cybersecurity Market Forecast, 2020-2033 (USD Million)
10.1. China Cybersecurity Market Size and Market Share
11. China Cybersecurity Market, By Offering, 2020-2033 (USD Million)
11.1. China Cybersecurity Market Size and Market Share By Offering (2020-2026)11.2. China Cybersecurity Market Size and Market Share By Offering (2027-2033)
12. China Cybersecurity Market, By Deployment, 2020-2033 (USD Million)
12.1. China Cybersecurity Market Size and Market Share By Deployment (2020-2026)12.2. China Cybersecurity Market Size and Market Share By Deployment (2027-2033)
13. China Cybersecurity Market, By End User, 2020-2033 (USD Million)
13.1. China Cybersecurity Market Size and Market Share By End User (2020-2026)13.2. China Cybersecurity Market Size and Market Share By End User (2027-2033)
14. China Cybersecurity Market, By Region, 2020-2033 (USD Million)
14.1. China Cybersecurity Market Size and Market Share By Region (2020-2026)14.2. China Cybersecurity Market Size and Market Share By Region (2027-2033)14.3. Eastern Region14.4. Western Region14.5. Northern Region14.6. Southern Region
15. Company Profile
15.1. Beijing Chaitin Future Technology Co.,Ltd15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. CoreShield Times15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. IBM Corporation15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. IDsManager15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. iJiami15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. Palo Alto Networks15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. QI-ANXIN Technology Group Inc.15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. River Security15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9. ThreatBook15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments15.10. Sophos Ltd.15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments15.11. Tophant Inc.15.11.1. Company details15.11.2. Financial outlook15.11.3. Product summary15.11.4. Recent developments15.12. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
China Cybersecurity Market is projected to reach USD 108.36 billion by 2033, growing at a CAGR of 21.54% during the forecast period.
China Cybersecurity Market grew in Market size from 2022. The Market is expected to reach USD 108.36 billion by 2033, at a CAGR of 21.54% during the forecast period.
China Cybersecurity Market CAGR of 21.54% during the forecast period.
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China Cybersecurity Market size is USD 108.36 billion from 2024 to 2033.
China Cybersecurity Market Segment is covered By Offering, By Deployment, By End User.
The Asia Pacific is anticipated to have the highest Market share in the China Cybersecurity Market.
The key players in the Market include Companies Covered IDsManager, iJiami, Palo Alto Networks, QI-ANXIN Technology Group Inc., River Security.
Cybersecurity protects against illegal access, use, disclosure, disruption, alteration, and destruction of computer systems, networks, and data.
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