Asia-Pacific

APAC is highly alarmed with the increase in security spending, owing to the ever-growing threat landscape. The APAC market is witnessing high growth at an exponential rate. Although initially, the APAC region was outsourcing its network infrastructure security, as it was not in a position to handle complex and multiple cyber threats. The situation is changing progressively due to the advent of a wide range of security players, high penetration of cloud-based services, and improved cloud security offerings by vendors in the region. The verticals such as BFSI, government and defense, and IT and Telecom sectors are extensively implementing the cloud-based applications to reduce their overall cost, which is driving the demand for a cloud-based security solution. Due to the increasing sophistication levels of threats, countries such as India, Japan, and Singapore have all updated or introduced new national cybersecurity policies. With the increasing number of cyber-attacks and the increasing cyber war between organizations and hackers, organizations and governments in the region are becoming conscious of the need for robust cyber defense.