Asia Pacific Cyber Security Market Size Analysis - Market Share, Forecast Trends and Outlook Report (2025-2034)

Asia Pacific Cyber Security Market Growth

In July 2024, China’s Ministry of Industry and Information Technology announced a strategy known as the “Cybersecurity Plan for Industrial Network” to negate major risks to industrial cybersecurity by 2026 and address legal challenges arising from AI development. With growing geopolitical tensions, China has shifted towards increasing the usage of domestic hardware in its government and military databases.

In September 2023, the number of tenders for purchasing domestic hardware equipment by China’s state-owned enterprises rose to 235 from 119 in 2022. Moreover, China spent nearly $191 billion on replacing foreign software and hardware products from its critical infrastructure, which was a year-on-year growth of 16.2%. The demand for manufacturing critical hardware and software products domestically tripled from 2021 to reach 156.9 million yuan. This indicates a significant potential for the cybersecurity market within China.

Nearly 21% of all Japanese internet users experienced cyberattacks in December 2022. Around 58% of all cybersecurity incidents resulted in the loss of sensitive data. The Japanese police investigated nearly 12,369 cases related to cybercrime in 2022. This indicates a substantial demand for cybersecurity solutions in the region, including antivirus, firewall, and solutions related to encryption and tokenisation, and identity and access management.

Key Trends and Developments

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Asia Pacific Cyber Security Market Trends

Rising geopolitical tensions in the region are leading to an increase in state-sponsored cyberattacks, particularly targeting defence, government, critical infrastructure, and advanced sectors. This is pushing countries to invest in cybersecurity defence strategies for combating cybersecurity risks posed on businesses, citizens, and critical infrastructure.

There is a growing adoption of generative AI in cybersecurity measures to improve threat detection, automate response to potential threats, and facilitate predictive analysis. Generative AI can recognise new and evolving threats in real-time, predict outcomes with enhanced accuracy, enable organisations to proactively implement security measures, analyse malware behavioural patterns, and promptly identify irregular activities.

Asia Pacific Cyber Security Industry Segmentation

Market Breakup by Region:

• China
• Japan
• India
• ASEAN
• Australia
• Others

Asia Pacific Cyber Security Market Share

Based on region, the market is segmented into China, Japan, India, ASEAN, and Australia, among others. Over the forecast period of 2025-2034, India is projected to grow at a CAGR of 11.2% amid the growing incidences of state-sponsored cyberattacks and the rising adoption of robust cyber security measures by small and medium-size enterprises.

Leading Companies in the Asia Pacific Cyber Security Market

Increasing geopolitical tensions are expected to increase the risk of state-sponsored cyberattacks over the forecast period. This is expected to increase the incidence of DDoS (distributed denial of service) and phishing attacks in major countries like India, China, and Taiwan, thereby leading to the market expansion.

• IBM Corporation
• Microsoft Corp.
• Cisco Systems Inc.
• Amazon Web Services, Inc.
• Oracle Corporation
• Fujitsu Ltd.
• Dell Inc.
• Fortinet Inc.
• CMC Corp.
• Broadcom Inc.
• McAfee LLC
• Palo Alto Networks Inc.
• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.