China IT security market to see rapid development over next 5 years, says IDC

IDC expects Chinas IT security market to experience an on-year growth of 12.7% in 2013 to reach a market size of US$1.83 billion. The security appliance market at US$830 million, accounted for 51.3%, while the security service and software market accounted for 24.5% and 24.3%. IDC predicts that the CAGR of China’s IT Security market from 2012 to 2017 will reach 12.2% in line with the forecast.”]

Source: https://informationsecuritybuzz.com/news/china-it-security-market-to-see-rapid-development-over-next-5-years-says-idc/