Friday, 24 March, 2023

India, Aus to lead spending on security product, services in Asia-Pacific: IDC

<p>IDC predicts that spending on security products and services in Asia-Pacific is expected to hit $23.1 bn in 2021, a 12.6 % rise YoY. &nbsp;The investments to grow at a five-year CAGR of 13.3 % over the forecast period (2019-24) and touch $35 bn by 2024. Australia and India, together, &nbsp;will drive the market and account for 26 % of the overall spending in the region. The two countries have a large number of enterprises catering to domestic and international clients.</p>