The rising demand for cybersecurity solutions in Japan, South Korea, and Taiwan amidst increasing digital transformation is presenting opportunities for UK tech companies, according to a new report.
The report, part of the UK-APAC Tech Growth Programme and commissioned by the UK government, explores the cybersecurity market in Northeast Asia. It has been produced by Intralink, an international business development consultancy, and outlines specific opportunities for UK firms in sectors like manufacturing, automotive, and healthcare.
In Japan, the cybersecurity market, currently ranked as the 16th largest globally, is expected to grow to GBP £6.2 billion by 2027. Challenges such as low investment levels, outdated systems, and a shortage of cybersecurity professionals have led Japanese corporations to depend heavily on international expertise to tackle the increasing number of cyberattacks. The report indicates that the healthcare sector, in particular, has specific needs for encryption tools, advanced threat detection, and access management solutions, while manufacturing…
