target audience: TECH SUPPLIER  Publication date: Feb 2024 - Document type: Market Forecast - Doc  Document number: # AP50955624

Asia/Pacific (Excluding Japan and China) Security Services Forecast Update, 2023–2027

By:  Christian Fam Loading


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This IDC forecast details the 2023–2027 market size and growth rate for the APEJC security services market.

"Despite global economic challenges, the demand for security services is rising in the shift to a digital-first business landscape. The prominence of GenAI in 2023 comes with cyber-risks, as adversaries exploit it for sophisticated attacks. The Asia/Pacific region leads in GenAI adoption, while the focus on cyber-resiliency grows amid a surge in ransomware incidents. As digital landscapes evolve, third-party supply chain risks increase, emphasizing the need for robust risk management," says Christian Fam, research manager, IDC Asia/Pacific Security.


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