Asia-Pacific Network Security Market Tracker, Q2 2021

The APAC network security market continues to witness a healthy YoY growth of 16.7% in Q2 2021, driven by the strong growth of firewall segment. The firewall segment remained as the biggest technology segment and it registered a strong double-digit year-on-year growth rate of 19.8% in Q2 2021.

The SSL VPN segment registered a declining YoY growth of 6.5% in Q2 2021 as enterprises in Asia-Pacific region are shifting away from making tactical decisions to deploying secure remote access solutions when multiple Asia-Pacific countries experienced lockdowns due to the pandemic last year.

The IDS/IPS segment experienced a steady growth in Q2 2021 with a YoY growth rate of 6.3%. This segment continues to be driven by the strong growth of Chinese market participants to cater to the local demand in China. However, demand for standalone IDS/IPS is likely to witness a slowdown in the years to come in other Asia-Pacific countries 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 countries (Brunei, Cambodia, Laos, Myanmar).

This study is segmented into three key focus areas, which are 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. The customer segmentation includes large enterprises with more than 500 employees as well as small and medium-sized businesses with less than 500 employees.

Companies mentioned in this tracker include 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.