target audience: TECH SUPPLIER Publication date: Sep 2024 - Document type: IDC Survey - Doc Document number: # AP51599924
Cybersecurity Investment Trends and Priorities in Asia/Pacific: A Focus on Vertical and Regional Insights
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Abstract
This IDC Survey presents a comprehensive analysis of cybersecurity investment trends and priorities in the Asia/Pacific region, highlighting key insights from various verticals and regions. The analysis includes data on how different industries are approaching cybersecurity transformation, with a particular focus on cloud adoption, automation, and proactive threat detection. It also provides insights into regional investments in emerging technologies, such as cloud-native application protection platforms (CNAPPs), AI/ML, and zero-trust solutions, reflecting the region's diverse cybersecurity landscape. The report emphasizes the importance of compliance with regulations in India, South Korea, China, and Singapore, driving demand for data governance and compliance solutions. Additionally, it underscores the growing focus on cyber-resilience, with enterprises prioritizing investments in solutions like cyber-recovery as a service (CRaaS) to ensure operational continuity in the face of rising cyberthreats. The document concludes with essential guidance for technology suppliers, urging them to tailor their solutions to meet the specific needs of different industries and regions.
The data in this report is derived from IDC's 2024 Asia/Pacific Security Survey, conducted in August 2024 and includes insights from 600 business-to-business enterprises across seven sectors: banking, financial services, insurance (BFSI), manufacturing, retail trade and wholesale, healthcare services, professional services, communications and media, and government. It focuses on IT security decision makers or influencers, including senior IT management responsible for IT security roles (such as the CIO, chief technology officer [CTO], CISO, chief revenue officer [CRO], chief strategy officer [CSO], chief product officer [CPO], chief customer officer [CCO], IT director, VP of IT, head of IT or IT security). The survey captures critical cybersecurity trends, investment priorities, and strategic approaches to emerging technologies and compliance requirements across Asia/Pacific Enterprises.