Taiwan’s Information Security Market Poised to Grow at 8% CAGR

With the computer network attacks becoming more sophisticated, hackers are exploiting vulnerabilities in data infrastructures of top corporate enterprises to commit extortion or other criminal acts. Information security products and services protect computer networks from unwanted data traffic, intruders, and spam. Taiwan’s ICT industry, which already holds a significant position in the global ICT industry, is rapidly moving towards information security products and services. According to our research report “Opportunities in Taiwan Info Security Market”, the information security market in Taiwan is expected to grow at a CAGR of more than 8% during 2011-2013.  

 

The economy of Taiwan largely depends on B2B (Business-to-Business) e-commerce, which is beneficial for small and medium scale enterprises. It has become an important initiative among Taiwanese companies during the last few years. Due to extensive usage of e-commerce, security threats like exposure of confidential data, modification or destruction of data, etc. have become increasingly common. To overcome such type of threats, it is expected that people will buy more security products to protect their systems. Besides e-commerce, our research report has identified other emerging market trends.

 

The report has also found that the need for Internet-related information security will stimulate demand for e-mail security products. Besides, the market for anti-virus, encryption, content and web filtering, authorization, firewalls, virtual private network, security assessment, intrusion detection, and data loss prevention is expected to flourish in near future. Our report provides segment level analysis of Taiwan information security market including anti-virus, e-mail security, and firewall.

 

We have found that Taiwan’s information security industry faces various difficulties in exports/domestic sales. Moreover, there are few bottlenecks, which restrict exports from the country. Our report has analyzed the domestic aspects, overseas sales, and general problem that the industry faces. The country’s development strategy and action plans related to information security for the next three to five years have been explained in the report. Besides, we have analyzed the key players in Taiwan’s information security market along with their business profile, strengths, and weaknesses.

For more information visit: http://www.rncos.com/Report/IM269.htm