growing stronger : information security market in china | an aranca infographic
DESCRIPTION
The information security market is expected to be the next big investment avenue in the Chinese IT landscape, with growth driven by rapid adoption of emerging technologies such as cloud computing, big data, mobile and social networking.TRANSCRIPT
Growing StrongerInformation Security Market in China
The growing importance of technology and the need for information security have led to significant development in China’s information security market. Between 2011 and 2017, this market is expected to record a CAGR of 11.6%.
Demand for Chinese security appliances and services is expected to increase on account of China’s entry into the era of “big data,” thus positively impacting China’s information security landscape.
China’s Information Security Market and Forecast (Market Size – $ Billion)
China’s Information Security Market by Segment Share (2012)
Key Network Security Players in China & their Market Share (2012)
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Compiled by: Darshan Joshi
The information security market is expected to be the next big investment avenue in the Chinese
IT landscape, with growth driven by rapid adoption of emerging technologies such as cloud
computing, big data, mobile and social networking. Furthermore, integration of big data analytics
and information security technologies is expected to transform security audit procedures going
forward.
Aranca’s Views
2011 2012 2013F 2014F 2015F 2016F 2017F
1.51.6 1.8
2.1 2.4 2.62.9
CAGR (2011-2017) – 11.6%
This growth is ascribed to three important factors
Advent of the third platform (including cloud)
National concern over security
Consumer demand for information security products
for mobile applications
$830 Mn
Security Appliances
Security Services
Security Software
$396 Mn
$394 Mn
$1.6 Bn51.2%
24.5%
24.3%
40.3% 27.9% 5.6%6.5%
Source: International Data Corporation and Aranca Research