Oriental Guardians · China's Top 20 Cybersecurity Tech Going Global
Z-ONE Report
Cybersecurity industry has been growing rapidly in recent years, attracting attention with its momentum. As an important component of China's digital transformation and new technology development, cybersecurity technology plays a crucial role in protecting information security and preventing cyber attacks.
With the gradual maturity of China's cybersecurity technology products, China’s cybersecurity vendors have embarked on the path of exploring overseas markets.
This trend has become increasingly evident in 2023.
This report aims to provide a summary overview of China’s cybersecurity vendors that are actively exploring global markets. The report offers a comprehensive overview of their overseas business, including company profiles, product technologies, GTM and business landing models.
Our goal is to provide a holistic overview for global clients and partners, enabling them to better understand the strengths and characteristics of China’s cybersecurity tech vendors. Additionally, we hope this report will facilitate more technological and business collaborations with them, contributing to the enhancement and innovative development of global cybersecurity.
This report is part of the Cyber Security Billboard series by Z-ONE Consulting.
Per IDC data, worldwide spending on security solutions and services is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022. Asia/Pacific (excluding Japan and China) and the People's Republic of China will be the next largest regions for security spending this year. China is forecast to see the fastest spending growth over the 2021-2026 forecast period with a five-year CAGR of 18.8%.
According to the "Digital China Development Report (2022)”, the scale of the cybersecurity industry in China continues to expand. In 2022, it is estimated to have reached nearly CNY 217 billion, with a year-on-year growth of 13.9%. The number of enterprises engaged in the cybersecurity sector exceeds 3,000. Furthermore, the talent pool in cybersecurity is continuously growing, with over 500 undergraduate and vocational colleges across the country offering majors related to network and information security.
Based on Z-ONE Cybersecurity Search Engine Data
• Active China Tech Vendors: 1000+
• Cybersecurity Tech Sectors: 190+
• In most sectors there are China Tech vendors benchmark against Global Vendors
The entrepreneurial ecosystem is gradually developing and maturing.
• VC/PE/CVC: 200+
• Financial Advisor: 20+
• Accelerator: 5+
• Social Media: 30+
• Pitch Competition: 3+
• Headhunt: 10+
Distributor: 10+
Technological Advantages of Chinese Cybersecurity Vendors:
• Tech Maturity: After years of polishing in the Chinese domestic market and extensive deployment, certain segments of cybersecurity technology, such as network traffic and endpoints, have become highly mature and stable, comparable to international vendors.
• Language Advantage: Some threat scenarios are related to Chinese language context, such as phishing fraud and threat intelligence. Chinese vendors have a natural advantage in this area.
• Service Support: Chinese customers have high demands for security services along with product. Therefore, customized after-sales service and support from security analysts are basic capabilities of Chinese security vendors.
