Security software in Asia/Pacific excluding Japan & China (ApeJC) hits US$7.5B in 2024.
SINGAPORE, 22 July 2025 – According to the IDC Worldwide Semiannual Software Tracker (2024H2), the security software market in the Asia/Pacific (excluding Japan and China) (APeJC) grew 17.2% year-over-year (YoY) in 2024, reaching US$7.5 billion in constant currency. Growth was propelled by rapid AI innovation, rising demand for platform-based solutions, and stricter data privacy mandates.
“Organizations in the region are accelerating adoption of AI-enabled security capabilities,” said Gurpal Singh, senior research manager, IDC Asia/Pacific. “As cyberattacks evolve with generative AI (GenAI), CISOs are turning to unified security platforms with embedded AI to gain real-time visibility and faster threat response.”
GenAI continues to transform the industry by amplifying productivity, democratising advanced analytics, and driving deeper automation across the technology stack. It is also unlocking new revenue streams for security vendors as they roll out ‘AI-native’ upgrades that breathe new life into some mature security segments. Banks and IT/ITeS are leading the way, and are already running AI copilots inside their security operations centres. GenAI drives operational efficiency and reinforces strategic resilience for Asia/Pacific organizations.
IDC forecasts APeJC security software market revenues to grow at a compound annual growth rate (CAGR) of 12.4% over the 2024-2029 period reaching US$13.4 billion (constant currency) by the end of 2029.
Hybrid, multi-cloud environments are now standard, increasing workload complexity and exposing gaps in traditional security models. This is driving adoption of Cloud Native Application Protection Platforms (CNAPP), Endpoint Detection and Response (EDR), and cloud-native Extended Detection and Response (XDR), especially in banking, financial services, and digital-native retail. Growth in Customer Identity and Access Management (CIAM) is also supported by large marketplaces and super-apps across India and Southeast Asia.
U.S. tariff hikes have introduced policy risks that many organizations are factoring into their security planning. Rising hardware costs are accelerating shifts to cloud-based and managed security, extending appliance refresh cycles, and prompting early purchases. At the same time, stronger compliance mandates and infrastructure upgrades are sustaining demand for core appliances like next-generation firewalls and Unified Threat Management (UTM).
“Leading organizations are moving beyond baseline compliance to focus on measurable risk reduction and resilience,” added Singh. “Evolving cybersecurity regulations in Australia, India, Vietnam, Malaysia and other countries underscore the need for strategic technology partners who can translate policy into practical action.”
Despite macroeconomic headwinds, security remains a strategic priority and a driver of long-term business value.
For more information about IDC’s Worldwide Semiannual Software Tracker, please contact Jackie Kliem at 508-988-7984 and jkliem@idc.com.
Click here to learn about IDC’s full suite of data products and how you can leverage them to grow your business.
-Ends-
About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is the world’s leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com/ap. Follow IDC on Twitter at @IDCAP and LinkedIn. Subscribe to the IDC Blog for industry news and insights.