Chinese IT security market poised for strong growth

September 19, 2013

China is placing greater emphasis on IT security, with the market expected to grow considerably over the next few years.

The International Data Corporation (IDC) predicts that the compound growth rate in the market will reach 12.2 per cent between 2012 and 2017.

The report, titled China IT Security Software, Appliance and Services 2013-2017 Forecast and Analysis: The Big Picture, shows that security has picked up while other areas have slowed down.

Compared with developed nations, China's IT security investment last year accounted for only one per cent of the industry – but further, more substantial rises are on the cards.

Pei Wang, research manager responsible for IT security market research at IDC China, said that customer demand for these products is continuously increasing.

"Emerging technologies for the third IT platform including cloud computing, big data, mobile and social network will lead the future growth of the IT security field," he commented.

The expert noted that China entered the era of big data last year and the trend will help to transform network security protection technologies over the next few years.

The IDC believes that big data analysis and security technologies will integrate, therefore transforming the way in which companies carry out a security audit and other processes.

One of the biggest challenges to enterprise security strategies that has been identified in China is the rise in social networks, which create the need for information security management.

Social media increases the risk of information breaches, the IDC said, which means that organisations as well as everyday consumers need to be on their guard.

China's information security technology and product and research development will therefore need to reflect these changes in the digital landscape.

Emphasis will also need to be placed on how China constructs its network security defence systems.


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