The APAC network security market saw a healthy YoY growth of 19.7% in Q1 2021, indicating a strong recovery from the YoY decline of 7.3% Q1 2020 as a result of the COVID-19 pandemic. The network firewall segment remained the biggest technology segment and is likely to continue driving the overall network security market.

Though 2020 saw a spike in investment as providers scaled up services to meet the sudden increase in demand for secure remote-access solutions, the SSL VPN segment registered a flat growth of 0.8% in Q1 2021, as customers were careful to take strategic decisions to support work requirements.
The IDS&IPS segment experienced a healthy recovery in Q1 2021 with a YoY growth of 14.4%, compared to the YoY decline of 6.5% in Q1 2020. The regulatory environment in China ensured strong demand in 2021, and the country contributed 45.5% to the IDS&IPS revenue in the Asia-Pacific region. However, the demand for stand-alone IDS&IPS will gradually decrease, as the technology is increasingly being featured on other integrated security platforms, such as UTM and NGFW.

Research Scope:
This tracker provides an analysis of the total network security market in the Asia-Pacific region for Q1 2021 (January to March) period. Market trends, such as vendor performance, vertical market splits, and enterprise-size splits are analyzed in this study. The countries included in this study are Australia, New Zealand, Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam, China, Hong Kong, Taiwan, India, Japan, South Korea, and Rest of ASEAN (Brunei, Cambodia, Laos, Myanmar).

This study is segmented per three key focus areas: firewall, Secure Sockets Layer Virtual Private Networking (SSL VPN) and Intrusion Detection System (IDS) & Intrusion Prevention System (IPS). Vertical segmentation in this study includes the government; banking, financial services, and insurance (BFSI); service provider; healthcare; manufacturing; education; and other sectors. Customer segmentation includes large enterprises with more than 500 employees and small and medium-sized businesses with fewer than 500 employees.

This tracker covers products and services from AhnLab, Array Networks, Check Point Software Technologies, Cisco Systems, F5 Networks, Forcepoint, Fortinet, Gajshield, H3C Technologies, Hillstone Networks, Huawei, Juniper Networks, McAfee, Neusoft, NexG, NSFOCUS, Palo Alto Networks, Pulse Secure, QI-ANXIN GROUP, Sangfor, SECUI, SonicWall, Sophos, TopSec, Trend Micro, Venustech, WatchGuard Technologies, WINS, and other vendors.