target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Analysis Perspective - Doc Document number: # AP50332823
Market Analysis Perspective: Asia/Pacific (Excluding China) Professional Security Services Vendor Landscape, 2023
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Abstract
This IDC Market Analysis Perspective (MAP) provides an overview of the Asia/Pacific professional security services market. This MAP document highlights key market trends and drivers, competitive landscape, buyer concerns and priorities, and future view of the security services market. It also provides advice and insights for tech sales leaders and tech marketing leaders. IDC forecasts that by 2026, the Asia/Pacific professional security services market will reach US$6 billion. With rapid digitalization driving digital transformation (DX) initiatives, Asia/Pacific enterprises are prioritizing investments in cyber defense, managing complex environments (including managing hybrid cloud/multicloud), and ensuring regulatory governance over data privacy and sovereignty. However, the region continues to experience headwinds, such as the impending recession and shortage of skilled IT professionals.