IDC: It is estimated that the size of the Chinese cybersecurity market will reach $17.8 billion by 2029, with a compound annual growth rate of 9.7% over five years.

According to the Zhitong Finance APP, IDC recently released the 2025 version of the "Global Network Security Spending Guide." IDC data shows that the total investment in global network security IT in 2024 was $244.4 billion, and is expected to increase to $416.2 billion by 2029, with a five-year compound annual growth rate (CAGR) of 11.2%. IDC predicts that the size of the network security market in China will increase from $11.2 billion in 2024 to $17.8 billion in 2029, with a five-year compound annual growth rate of 9.7%.