Software & Services

CCID Consulting forecasts China's network security product revenues will reach 15.6 billion Yuan by 2012. However, growth will slow as the market matures. Trends to watch include:

• Increase in security services demand
• Increase in software content of network security products
• Rise of China's mobile applications will spur growth mobile security
• While product offerings expand, security vendors will consolidate

2007 in Review

Revenues for China's network security products are estimated to reach 6.69 billion Yuan in 2007, growing 20.3% over 2006. Growth has been strong and steady.

Source: CCID Consulting, November 2007

Market features in 2007 include:

• More clearly defined product segmentation, as vendors in China pursued their own niches.
• China's government released policies for information security protection levels and administration, which will encourage adoption of security products to support such policies.
• Enterprise sector increases its spending on security operations and systems.
• Attacks via viruses, worms, and bots are still spreading in China, and cyber-crimes are becoming a business.

For more information

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Unless otherwise specified, all information provided is sourced from CCID Consulting.

Ó 2008 CCID Consulting Co., Ltd.