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Integrated Security Appliance Remains the Strongest Growing Segment in Network Security Market
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The Asia-Pacific network security market recorded a year-over-year (YoY) growth rate of 12.7% in Q1 2019. The quarter experienced a weaker YoY growth rate when compared to Q1 2018’s 15.0%. The significant rise in the number of data breaches among organizations, the rapid adoption of digital technologies across businesses, and the enforcement of cybersecurity-related regulations remain the key factors that drive market growth. The growing acceptance of new digital technologies has resulted in these attacks on data, and enterprises’ existing defense systems are unable to handle the number and the scale of these violations.
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