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The Asia-Pacific cyber security Market valued USD 15.92 billion and is estimated to reach USD 48.7 billion by the end of 2024, growing at compound annual growth of 15.0% over the forecast period.
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Vision Value Visibility Report Code :HCT 1028 2016-2024 Asia Pacific (APAC) Cyber Security Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India +44-203-318-6627 +91-120-473-0422, +91-991-071-6331 www.goldsteinresearch.com sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Executive Summary Sample Request Asia Pacific Cyber Security IndustryShare(%), By Region-2016-2024 Asia Pacific Cyber Security Market Size USD (Billion). 2016-2024 XX% CAGR: (2016-2024) Source: Goldstein Research Source: Goldstein Research In 2016,Network Security accounted for the highest market share XX% in Asia Pacific Cyber Security Market WithXX%share in 2016, Singapore region dominated the Asia Pacific Cyber Security Market • Global organizations will now have to publicly disclose any data breaches, with penalties ranging from USD XX for responsible individuals to USD XX million for organizations. Singapore’s central bank, the Monetary Authority of Singapore, requires that financial institutions notify it of any “adverse development” – events that could lead to prolonged service failure or disruption, or any breach of customer information. Indonesia introduced Personal Data Protection Regulations in 2013 but only came into eect in December 2015, with penalties of up to USD XX. • Asia–Pacific governments are increasingly engaging with cyber policy issues as the threats and opportunities in cyberspace are better understood by regional policymakers. However, the quality of policy development and implementation remains uneven, and many states have achieved minimal or poor-quality outcomes. Cambodia, Laos, Thailand, China, Papua New Guinea and Pakistan have passed new legislation relating to cyber issues, particularly cybercrime, during the past year. Cambodia’s new Telecommunications Law and other legislation (which the US is advising on) covering e-commerce and cybercrime are promising examples of growth in cyber maturity in oof security Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Major Players Presence-Regional Analysis Sample Request Low Penetration High Penetration Medium Penetration Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Sample Request Asia Pacific Cyber Security Market Size (USD Billion) & Y-O-Y Growth Analysis Asia Pacific Cyber Security Market Size (USD Billion)-2016-2024 Pacific Cyber Security Y-O-Y Growth (%) Analysis-2016-2024 Source: Goldstein Research Source: Goldstein Research • Asia Pacific Cyber Security marketapplications, powered by an influx of big data and advancements in computing power, are positioned to transform major sectors, while simultaneously creating new industries. Asia Pacific Cyber Security is expected to contribute up to USD XX trillion to global GDP by 2024 • The majority of the underinvestment are indicated in the advanced cybersecurity initiatives such as a robust security incident response plan to identify, detect, and handle security incidents including data breaches. APAC had the highest percentage of chief information officers (CIOs) having responsibility for the cyber program, while EMEA had the greatest percentage of chief executive officers (CEOs) having responsibility. Respondents from the Americas and APAC indicated that a substantial percentage of chief financial officers/finance directors are responsible for their organizations' cyber programs Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Market Dynamics Sample Request Growth Drivers Growth Barriers General Trend Highly Complex Moderately Complex Waived Asia Pacific Cyber Security Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Sample Request Korea Cyber Security Market Size (USD Billion) & Y-O-Y growth (%),2016-2024 Fig: 7-2 Korea Cyber Security Market Share By Services, 2016-2024 Fig: 7-1 Korea Cyber Security Market Size(USD Billion)-2016-2024 XX% 2024 2016 CAGR: (2016-2024) Source: Goldstein Research Source: Goldstein Research Fig: 7-4 Korea Cyber Security Market Size (%), By Service-2016-2024 Fig: 7-3 Korea Cyber Security Market Size (USD Millions), By Region-2016-2024 Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Porter’s Five Force Model Sample Request Customer can easily switch to substitute products. So substitutes are not a major threat to this industry. When there are actual and potential substitute products available then segment would be unattractive. Profits and prices are effected by substitutes so, there is need to closely monitor price trends. In substitute industries, if competition rises or technology modernizes then prices and profits decline. The Barriers to Entry are significantly medium to high which means that it will be bumpy road for outside companies to enter into the industry. New entrant is require to offer the innovative and distinguish service or product in order to make place in the competitive space, only such a player tends to establish its market presence . Threat of new entrants Bargaining Power of buyers Bargaining power of suppliers Threat of substitute products or services • Intensity of competition among the existing competitors in the market. Intensity of rivalry depends on the number of competitors and their capabilities. Industry rivalry is high when: • There are number of small or equal competitors and less when there’s a clear market leader. • Customers have low switching costs • Industry is growing • Exit barriers are high and rivals stay and compete • Fixed cost are high resulting huge production and reduction in prices The power of Buyers is medium-high and they are able to negotiate for better pricing. However on the supplier side, the power of Suppliers is also low as there are multiple supplier for a particular systems and these causes, for companies to compete on price when they do not have any point of differentiation. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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Vision Value Visibility Sample Request About Us Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domAsia Pacific Cyber Securityn experts and 50+ employees working day and night to crunch numbers and bring out the best and detAsia Pacific Cyber Securityled market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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