Network Security market in APAC to grow to US$ 15.89 Billion in 2025

reogma|Network Security market in APAC to grow to US$ 15.89 Billion in 2025

The Asia Pacific Network Security Market is valued at US$ 6.8 Billion in 2019 and is poised to grow at a CAGR of 15.2% to reach a market size of US$ 15.89 Billion in 2025.

The growth of the Market is driven by factors such as Embracement of BYOD by Enterprises, Growing need of security solutions for cloud technology and Increasing Cyber Threats at the Network Point.

  • Definition / Scope
  • Market Overview
  • Key Metrics
  • Market Risks
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

Cybercriminal activity is one of the biggest challenges that humanity will face in the next two decades. Cyberattacks are the fastest growing crime globally, and they are increasing in size, sophistication and cost. Network Security is one of the effective solutions for enterprises to defend their system against cyberattacks.

Network security is defined as protection from misuse, or hacking of files or directories of a device. Viruses, worms, Trojan horses, spyware and adware, zero-day attacks, hacker attacks, DDoS attacks and identity theft are the most common threats to the network.

reogma|Network Security market in APAC to grow to US$ 15.89 Billion in 2025

Rapidly growing connectivity and the accelerating pace of digital transformation expose the APAC region, and make it particularly vulnerable to cyber exploitation. Evidently, according to the 2017 edition of the Global Risks Report, cyber concern around the likelihood and impact of technological threats has sharpened among business executives in APAC, and cyberattacks are ranked among the top 5 risks of doing business in the region.

Large-scale data breaches and the rising complexity of targeted attacks and phishing techniques continued to push organizations to search for robust network security capabilities. For instance, Toll Group of Australia confirmed ransomware attack called “Netfilim” in May 2020. Nefilim is a relatively new ransomware variant that was first identified in March 2020.

Notably, current reports suggest Nefilim uses exposed Remote Desktop Protocol (RDP) connections for infection. In fact, according to a new report, it’s estimated ransomware attacks in Australia cost businesses up to $240 million in 2019 alone.


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The Asia Pacific Network Security Market is valued at US$ 6.8 Billion in 2019 and is poised to grow at a CAGR of 15.2% to reach a market size of US$ 15.89 Billion in 2025. The growth of the Market is driven by factors such as Embracement of BYOD by […]
reogma|Network Security market in APAC to grow to US$ 15.89 Billion in 2025reogma|Network Security market in APAC to grow to US$ 15.89 Billion in 2025

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