The Asia Pacific Cybersecurity for Critical Infrastructure in Financial Sector Market is expected to witness market growth of 6.9% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Cybersecurity for Critical Infrastructure in Financial Sector Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.32 billion by 2031. The Japan market is registering a CAGR of 6.4% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 7.6% during 2024-2031.
Cybersecurity measures are necessary to ensure the validity of user identities, secure logins, and protect against identity theft. Techniques such as biometric authentication, two-factor authentication (2FA), and behavioural analytics are commonly deployed to secure access to sensitive financial systems. The adoption of cybersecurity solutions for protecting critical infrastructure in the financial sector has become increasingly widespread due to the growing cyber threat landscape.
As financial institutions move to adopt new technologies such as cloud computing, blockchain, and digital currencies, the need for robust security solutions has never been more pressing. The adoption process is influenced by various factors, including regulatory requirements, industry best practices, and cybercriminals' growing sophistication.
The rise of fintech and the increasing digitization of the banking sector in India and China have created more sophisticated and interconnected financial infrastructures. This transformation has directly influenced the demand for cybersecurity solutions, particularly in securing critical financial infrastructure. As digital banking services, mobile payments, and AI-driven financial technologies continue to expand, the need to protect sensitive financial data and ensure the integrity of these systems becomes paramount. With these advancements, India is experiencing a pressing need for cybersecurity solutions to protect critical financial infrastructure, particularly as the nation’s rural and semi-urban regions increasingly adopt digital banking services. As China continues to expand its fintech infrastructure and integrate more advanced technologies into its banking systems, the need for robust cybersecurity measures grows significantly. Thus, the combined growth of fintech and digital banking in India and China has spurred a rising demand for cybersecurity solutions to protect critical financial infrastructure.
The China market dominated the Asia Pacific Cybersecurity for Critical Infrastructure in Financial Sector Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.32 billion by 2031. The Japan market is registering a CAGR of 6.4% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 7.6% during 2024-2031.
Cybersecurity measures are necessary to ensure the validity of user identities, secure logins, and protect against identity theft. Techniques such as biometric authentication, two-factor authentication (2FA), and behavioural analytics are commonly deployed to secure access to sensitive financial systems. The adoption of cybersecurity solutions for protecting critical infrastructure in the financial sector has become increasingly widespread due to the growing cyber threat landscape.
As financial institutions move to adopt new technologies such as cloud computing, blockchain, and digital currencies, the need for robust security solutions has never been more pressing. The adoption process is influenced by various factors, including regulatory requirements, industry best practices, and cybercriminals' growing sophistication.
The rise of fintech and the increasing digitization of the banking sector in India and China have created more sophisticated and interconnected financial infrastructures. This transformation has directly influenced the demand for cybersecurity solutions, particularly in securing critical financial infrastructure. As digital banking services, mobile payments, and AI-driven financial technologies continue to expand, the need to protect sensitive financial data and ensure the integrity of these systems becomes paramount. With these advancements, India is experiencing a pressing need for cybersecurity solutions to protect critical financial infrastructure, particularly as the nation’s rural and semi-urban regions increasingly adopt digital banking services. As China continues to expand its fintech infrastructure and integrate more advanced technologies into its banking systems, the need for robust cybersecurity measures grows significantly. Thus, the combined growth of fintech and digital banking in India and China has spurred a rising demand for cybersecurity solutions to protect critical financial infrastructure.
List of Key Companies Profiled
- Cisco Systems, Inc.
- IBM Corporation
- Fortinet, Inc.
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Trend Micro, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Broadcom, Inc.
- Schneider Electric SE
- Honeywell International, Inc.
Market Report Segmentation
By Deployment Mode
- On-Premise
- Cloud
By Industry
- Fintech
- Banking
- Insurance
By Component
- Solution
- Service
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Cybersecurity for Critical Infrastructure in Financial Sector Market by Deployment Mode
Chapter 6. Asia Pacific Cybersecurity for Critical Infrastructure in Financial Sector Market by Industry
Chapter 7. Asia Pacific Cybersecurity for Critical Infrastructure in Financial Sector Market by Component
Chapter 8. Asia Pacific Cybersecurity for Critical Infrastructure in Financial Sector Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Cisco Systems, Inc.
- IBM Corporation
- Fortinet, Inc.
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Trend Micro, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Broadcom, Inc.
- Schneider Electric SE
- Honeywell International, Inc.
Methodology
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