The Latest Cybersecurity In The China Industry Statistics Explained
In 2020, China’s cybersecurity market was valued at approximately 9 billion U.S. dollars.
The statistic stating that in 2020, China’s cybersecurity market was valued at approximately 9 billion U.S. dollars indicates the significant size and financial importance of the cybersecurity industry in China during that year. This value represents the total revenue generated by various cybersecurity-related products and services in the Chinese market, including software, hardware, consulting services, and other cybersecurity solutions. The substantial figure reflects the growing awareness and prioritization of cybersecurity measures by businesses and individuals in China to protect against cyber threats, data breaches, and other digital security risks. The statistic underscores the economic significance of the cybersecurity sector in China and the increasing investment in strengthening digital defenses and safeguarding sensitive information in the country.
By 2023, the market size of cybersecurity in China is predicted to reach over 15 billion U.S. dollars.
The statistic indicates that the market size of cybersecurity in China is forecasted to exceed 15 billion U.S. dollars by the year 2023. This prediction suggests a significant growth trajectory for the cybersecurity sector in China, highlighting both the increasing awareness of cybersecurity threats and the growing investments being made by businesses and organizations to protect their digital assets. The rising demand for cybersecurity solutions in China reflects a broader trend of increased digitalization and emphasizes the importance of safeguarding against cyber threats in a rapidly evolving technological landscape. This projection also underscores the potential opportunities for cybersecurity companies and professionals in the Chinese market as the need for robust cybersecurity measures continues to expand.
The cybersecurity market in China is projected to expand at a CAGR of over 23% between 2018 and 2023.
This statistic indicates that the cybersecurity market in China is expected to experience significant growth over the period from 2018 to 2023, with a Compound Annual Growth Rate (CAGR) exceeding 23%. This suggests that the demand for cybersecurity products and services is likely to increase rapidly in China due to factors such as the growing digitalization of businesses, increasing cyber threats, and regulatory efforts to strengthen data protection. The projected expansion at a CAGR of over 23% highlights the opportunities for businesses operating in the cybersecurity sector to capitalize on this growth trend in the Chinese market and underscores the importance of addressing cybersecurity concerns in the region.
In 2020, network security accounted for 38.8% of the total Chinese cybersecurity market.
In 2020, network security accounted for 38.8% of the total Chinese cybersecurity market, indicating the significant emphasis placed on protecting networks from unauthorized access, data breaches, and cyber threats in China. This statistic highlights the growing recognition of the importance of securing digital networks and systems in the face of increasing cyber threats and attacks. With nearly 40% of the cybersecurity market dedicated to network security, it underscores the critical role that safeguarding networks plays in overall cybersecurity strategy and defense mechanisms in China.
Mobile security accounted for approximately 6% of the total cybersecurity market in China in 2020.
The statistic indicates that mobile security represented approximately 6% of the entire cybersecurity market in China during the year 2020. This suggests that a significant portion of the cybersecurity sector in China is focused on protecting mobile devices and data, highlighting the increasing importance of securing mobile technologies in the digital landscape. The figure showcases the specific attention and investment allocated towards addressing potential threats and vulnerabilities associated with mobile devices, applications, and networks within the larger cybersecurity industry in China. Overall, this statistic underscores the growing significance of mobile security as a key component of the cybersecurity ecosystem in the Chinese market.
By 2025, the total revenue of the cybersecurity industry in China is predicted to exceed 65 billion yuan.
The statistic ‘By 2025, the total revenue of the cybersecurity industry in China is predicted to exceed 65 billion yuan’ indicates a forecast for significant growth and revenue generation within China’s cybersecurity sector in the coming years. This projection suggests that the industry is expected to experience substantial expansion and increased market demand for cybersecurity services and products within the Chinese market. The forecasted revenue of over 65 billion yuan by 2025 highlights the importance placed on cybersecurity within China due to the rising threats of cyber attacks and increased digitization across various sectors of the economy. This statistic underscores the potential economic opportunities and importance of investing in cybersecurity measures to protect against digital threats and ensure the security of sensitive data and information in China.
As of 2021, there were 31 publicly listed cybersecurity companies in China.
The statistic ‘As of 2021, there were 31 publicly listed cybersecurity companies in China’ indicates the number of cybersecurity companies that are traded publicly on the stock market in China as of the specified year. This statistic reflects the growing importance of cybersecurity in the digital age, especially in a country like China with a rapidly expanding technology sector and increasing concerns about data security and privacy. The presence of a significant number of publicly listed cybersecurity companies suggests a thriving industry in China, with investors recognizing the potential for growth and profitability in this sector. The figure also highlights China’s focus on strengthening its cybersecurity capabilities to protect against cyber threats and safeguard sensitive information.
In 2020, China reported as many as 780 million cyber attacks from home and abroad.
The statistic that in 2020 China reported as many as 780 million cyber attacks from home and abroad indicates a concerning trend of widespread and persistent cybersecurity threats faced by the country. The high volume of cyber attacks highlights the importance of addressing the vulnerabilities in China’s digital infrastructure and the increasing sophistication of cyber threats globally. This statistic underscores the critical need for enhanced cybersecurity measures, investments in cybersecurity technologies, and increased cybersecurity awareness and preparedness efforts to safeguard against cyber attacks and protect sensitive information and critical infrastructure from potential threats.
According to a 2019 survey, 31.9% of Chinese users experienced some form of cybersecurity threat.
The statistic, derived from a 2019 survey, indicates that approximately 31.9% of Chinese users reported encountering some type of cybersecurity threat. This finding suggests that a sizable portion of the Chinese population surveyed had experienced activities such as hacking attempts, malware infections, or phishing attacks, highlighting the prevalent nature of cybersecurity risks in the region during that time period. As such, it underscores the importance of implementing robust cybersecurity measures and raising awareness about potential threats to safeguard individuals and organizations against cyber attacks in China.
In 2019, the percentage of Chinese internet users who fell for phishing scams was approximately 19.7%.
The statistic states that in 2019, about 19.7% of Chinese internet users were successfully targeted and fell victim to phishing scams. Phishing scams involve fraudulent attempts to obtain sensitive information, such as personal usernames, passwords, and financial details, by disguising as a trustworthy source through electronic communication. A 19.7% rate of falling for such scams indicates a significant portion of the Chinese online population being vulnerable to these deceptive tactics, highlighting the importance of awareness, education, and cybersecurity measures to safeguard against cyber threats and protect personal information online.
As of 2020, Tencent was the leading cybersecurity company in China by revenue.
The statistic indicates that as of 2020, Tencent, a Chinese multinational conglomerate with a significant presence in the technology sector, held the position of the top cybersecurity company in China based on revenue. This suggests that Tencent’s cybersecurity products and services, designed to protect systems and data from cyber threats and attacks, were generating the highest amount of revenue compared to other companies operating in the same sector within China. As cybersecurity is crucial for safeguarding sensitive information and maintaining the integrity of digital systems, Tencent’s leading position underscores its success and prominence in the cybersecurity industry in China during that period.
In 2020, China detected 52.3 billion cyber security threats, a 33% increase compared to 2019.
The statistic indicates that in 2020, China encountered a significant rise in cyber security threats with a total of 52.3 billion threats detected, representing a notable 33% increase from the previous year. This suggests a growing and evolving landscape of cyber threats targeting Chinese networks and systems. The substantial increase in threats highlights the importance of robust cyber security measures and constant vigilance in protecting digital infrastructure and sensitive data from malicious actors. The statistic underscores the need for organizations and individuals in China to invest in enhanced cyber security solutions and strategies to mitigate risks and strengthen their defense against cyber threats in an increasingly interconnected and vulnerable digital environment.
In 2020, around 37.3% of computers in China were affected by malicious software.
The statistic states that in the year 2020, approximately 37.3% of computers in China were impacted by malicious software. This means that a substantial proportion of computer systems in the country were infected with harmful software such as viruses, malware, or ransomware. The high prevalence of malicious software indicates a significant cybersecurity threat that could potentially lead to data breaches, system vulnerabilities, and financial losses for individuals and organizations. This statistic highlights the importance of implementing robust cybersecurity measures and staying vigilant against cyber threats in order to protect computer systems and sensitive information from malicious attacks.
In 2018, the cybersecurity business of one of the major players, Venustech, had a revenue of about 1.3 billion yuan.
The statistic provided states that Venustech, a significant player in the cybersecurity industry, generated approximately 1.3 billion yuan in revenue in 2018. This figure reflects the financial performance of Venustech’s cybersecurity business within that specific year. Revenue is a crucial metric that indicates the amount of money a company brings in through its operations, including sales of products or services. The fact that Venustech achieved such substantial revenue highlights its strong market position, customer base, and potentially successful business strategies in the cybersecurity sector. This statistic is essential for stakeholders, investors, and industry analysts to assess the company’s financial health and growth trajectory.
In 2021, the estimated cybersecurity expenditure in China stood at an approximate USD 12 billion.
The statistic indicates that in 2021, China’s total spending on cybersecurity activities amounted to around $12 billion. This expenditure reflects the significant investment made by the Chinese government, businesses, and organizations to enhance their cybersecurity defenses against various cyber threats such as hacking, data breaches, and other cyberattacks. The increasing reliance on digital technologies and the growing sophistication of cyber threats have led to a rise in cybersecurity spending globally, with China being a notable participant in this trend. This substantial investment highlights the critical importance placed on cybersecurity in China and the recognition of cybersecurity as a crucial aspect of modern business operations and national security.
In 2020, mobile malware installation was the most common type of cyber crime in China, with 39.8% of users affected.
The statistic indicates that in 2020, mobile malware installation emerged as the predominant form of cyber crime in China, impacting 39.8% of users. This finding highlights the increasing threat posed by malicious software targeting mobile devices, potentially resulting in data breaches, financial losses, and privacy violations. The prevalence of mobile malware underscores the importance of implementing robust cybersecurity measures for individuals and organizations in China to safeguard against such threats and mitigate the risks associated with the evolving cyber landscape.
Electronic payment fraud was the second most common type of cybercrime in China in 2020, affecting 24.7% of users.
The statistic indicates that electronic payment fraud was the second most prevalent form of cybercrime in China in 2020, impacting nearly a quarter of users. This highlights a significant issue in the country’s digital landscape, where a substantial portion of the population has been affected by fraudulent activities related to electronic payments. Given the widespread use of digital payment methods in China, such as Alipay and WeChat Pay, this statistic underscores the importance of bolstering cybersecurity measures to protect users from falling victim to fraudulent schemes. It also serves as a reminder for individuals and organizations to remain vigilant and adopt best practices to safeguard their financial information and transactions in the evolving digital age.
In 2019, China had the highest number of blockchain patents, a key technology in cybersecurity, with 7,600 patents filed.
The statistic mentioned indicates that in 2019, China led in the number of blockchain patents filed, with a total of 7,600 patents. Blockchain technology is a crucial element in ensuring cybersecurity, as it provides a secure and transparent way of storing and sharing information. By filing a significant number of patents related to blockchain technology, China is showcasing its commitment to advancing cybersecurity measures. This high number of patents filed suggests that China is positioning itself as a key player in the development and implementation of blockchain technology, with potential implications for global cybersecurity strategies and innovation in the coming years.
In 2020, Beijing and Shanghai were the forefront of China’s cyber security field, with each city having over 100 cybersecurity companies.
The statistic indicates that in 2020, Beijing and Shanghai stood out as the leading cities in China’s cyber security sector, each hosting a substantial number of over 100 cybersecurity companies. This highlights the concentration of cyber security expertise and activity in these two major urban centers in China. The presence of a significant number of cybersecurity companies in both Beijing and Shanghai suggests a strong ecosystem of cybersecurity professionals, technology development, and innovation in these cities. The high number of cybersecurity firms in these locations may reflect favorable business environments, access to talent, research institutions, and government support for the cybersecurity industry. Overall, this statistic showcases the central role that Beijing and Shanghai play in advancing cyber security capabilities within China.
Conclusion
It is evident from the statistics presented that cybersecurity in the China industry is a critical issue that requires a strategic and comprehensive approach. The increasing number of cyber attacks and data breaches highlights the importance of investing in robust security measures and fostering a culture of awareness among industry professionals. By staying informed about the latest threats and implementing best practices, businesses in China can better protect their data, infrastructure, and reputation in the digital age.
References
0. – https://www.technode.com
1. – https://www.www.statista.com
2. – https://www.www.scmp.com
3. – https://www.www.researchandmarkets.com
4. – https://www.gbtimes.com
