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China's security services market is one of the largest and fastest-growing in the world. The market is expected to reach US$7.8 billion by 2028, driven by strong demand from government, enterprises, and individuals. Key factors driving the market include increasing cybersecurity threats, growing adoption of cloud computing and IoT, and rising concerns over data privacy.
The Chinese government is a major buyer of security services. In 2022, the government spent an estimated US$1.5 billion on security services, accounting for over 40% of the total market. The government's procurement priorities are focused on cybersecurity, network security, and data security.
The main security services products and services procured by the Chinese government include:
Cybersecurity solutions
Network security solutions
Data security solutions
Identity and access management (IAM) solutions
Security analytics solutions
The top authorities for China security services procurement are:
Ministry of Public Security (MPS)
Ministry of State Security (MSS)
Ministry of Defense (MOD)
National Information Security Industry Administration (NISIA)
The top winners of China security services procurement include:
Huawei
Alibaba Cloud
Tencent Cloud
Sangfor Technologies
Nsoft
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