TECH SUPPLIER Jun 2020 - Market Forecast - Doc # AP45395120

Asia/Pacific (Excluding Japan) Security Hardware, Software and Services Forecast, 2019–2024—Market Opportunity Adjusted for COVID-19 Pandemic

By: Cathy HuangAssociate Research Director, Services and Security, IDC Asia/Pacific, James SivalingamResearch Manager, Gurpal SinghAssociate Research Manager, Shahnawas LatiffSenior Market Analyst

Abstract

This Asia/Pacific (Excluding Japan) Security Hardware, Software and Services Forecast, 20192024Market Opportunity Adjusted for COVID-19 Pandemic forecast document provides a five-year outlook of the overall security market in APEJ. The forecast is derived from the best available data and information such as the latest IDC's Black Book Live Edition, IDC's COVID-19 Tech Index Survey and input from IDC's market analyst on the ground.

"Some companies may choose panic cut, but more companies will choose to reassure clients about service continuity and look for efficiency and protect the core and foundations for recovery and future growth. Therefore, security vendors should offer any possible "help in kind" - be it sharing threat intelligence, financial assistance, donation, or moral support to its customers and community in a challenging time like now", says Cathy Huang, associate research director, Security and Services, IDC Asia/Pacific.


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