China Phishing Protection Market Insights Forecasts to 2033

• The Market is Growing at a CAGR of 8.97% from 2023 to 2033
• The China Phishing Protection Market Size is Expected to hold a significant share by 2033

The China Phishing Protection Market is Anticipated to Hold a Significant Share by 2033, Growing at a CAGR of 8.97% from 2023 to 2033.

Market Overview

A group of instruments and methods known as "phishing protection" are used to detect and stop scams before they have a chance to cause any damage. Phishing is a popular kind of cybercrime in which criminals assume the identity of reputable organizations to obtain private data. Phishing attacks can be sent via social media, text messages, voice communications, emails, and other channels. Integrating cutting-edge technology offers the phishing prevention business a significant opportunity, especially in the areas of artificial intelligence and machine learning. One of the primary factors driving the phishing protection market is the exponential rise in the frequency and sophistication of phishing assaults. The demand for sophisticated phishing protection solutions is driven by the need to strengthen defenses against dynamic threats, which is creating lucrative market opportunities.    

Report Coverage

This research report categorizes the market for the China phishing protection market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the China phishing protection market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the China phishing protection market.

Driving Factors

The China phishing protection market is expected to grow as a result of the numerous enterprises investing large sums of money in the adoption of phishing protection services and solutions to safeguard their critical client data. The quick digitalization of business procedures and the growing use of cutting-edge technologies by Chinese businesses, including IoT and AI, are the main drivers of market expansion. To remove and safeguard sensitive data from unauthorized and unidentified, untrusted access in the system, the government, commercial companies, and individuals are investing more and more in phishing prevention, which is driving the growth of the phishing protection market.   

Restraining Factors

Starting and maintaining phishing prevention in the market involves people who are knowledgeable about different types of cyberattacks and threats. However, the country's lack of IT specialists is predicted to restrict growth in the phishing protection market.

Market Segmentation

The China phishing protection market share is classified into type and application.

• The email-based phishing segment is expected to hold the largest market share through the forecast period.

The China phishing protection market is segmented by type into email-based phishing and non-email-based phishing. Among these, the email-based phishing segment is expected to hold the largest market share through the forecast period. Due to email services being introduced and widely used by the public in recent decades, email-based phishing has become more and more common.      

• The BFSI segment is expected to dominate the China phishing protection market during the forecast period.       

Based on the application, the China phishing protection market is divided into BFSI, education, government, healthcare, IT, telecommunication, transportation, and retail. Among these, the BFSI segment is expected to dominate the China phishing protection market during the forecast period. The BFSI market is a result of the growing use of Internet banking and online payment applications, as well as the explosion in the amount of sensitive data, including social security numbers, home addresses, payment card details, and customer names.    

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the China phishing protection market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• BAE Systems
• Cisco Systems Inc.
• FireEye Inc.
• GreatHorn Inc.
• Intel Corporation
• Microsoft Corporation
• Phishlabs
• Proofpoint Inc.
• Symantec Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at China, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the China phishing protection market based on the below-mentioned segments:

China Phishing Protection Market, By Type

• Email-based Phishing
• Non-Email-based Phishing

China Phishing Protection Market, By Application

• BFSI
• Education
• Government
• Healthcare
• IT and Telecom
• Transportation
• Retail
• Others