Asia Pacific Cyber Security Market Size & Outlook

The cyber security market in Asia Pacific is expected to reach a projected revenue of US$ 123,114.8 million by 2030. A compound annual growth rate of 14.3% is expected of Asia Pacific cyber security market from 2024 to 2030.
Revenue, 2023 (US$M)
$48,322.1
Forecast, 2030 (US$M)
$123,114.8
CAGR, 2024 - 2030
14.3%
Report Coverage
Asia Pacific

Asia Pacific cyber security market highlights

  • The Asia Pacific cyber security market generated a revenue of USD 48,322.1 million in 2023.
  • The market is expected to grow at a CAGR of 14.3% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating component in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 48,322.1 million
Market revenue in 2030USD 123,114.8 million
Growth rate14.3% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideBAE Systems PLC, Broadcom Inc, Check Point Software Technologies Ltd, Cisco Systems Inc, Fortinet Inc, International Business Machines Corp, Lockheed Martin Corp, LogRhythm, McAfee, Palo Alto Networks Inc, Proofpoint, Sophos, Trend Micro Inc


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 21.7% of the global cyber security market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 123,114.8 million by 2030.

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Cyber Security Market Companies

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Asia Pacific cyber security market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cyber security market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 41.94% in 2023. Horizon Databook has segmented the Asia Pacific cyber security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


Asia Pacific is witnessing an increase in cyberattacks, which can be attributed to rapid digitalization, a large user base of endpoint devices, and inadequate cybersecurity resources and awareness among SMEs and emerging businesses. 

The increased deployment of cognitive technologies such as artificial intelligence, the Internet of Things, and machine learning is transforming the BFSI, healthcare, manufacturing, education, and transportation industries in the region. 

However, it is also exposing vulnerabilities and weak links, leading to a significant rise in cyber-attacks in the region. In order to counter the rising threats of cyber security, major companies in the market are taking significant steps in building cybersecurity infrastructure, resources, and capabilities.

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Target buyers of Asia Pacific cyber security market databook

  • Our clientele includes a mix of cyber security market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cyber security market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific cyber security market size, by country, 2018-2030 (US$M)

Asia Pacific Cyber Security Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific cyber security market size, by country, 2018-2030 (US$M)

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