target audience: TECH SUPPLIER Publication date: Mar 2023 - Document type: Market Forecast - Doc Document number: # AP50331823
Asia/Pacific (Excluding Japan and China) Security Services Forecast, 2022–2026
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Abstract
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.