In 2023, the revenue of cybersecurity industry in Malaysia increased by around 8.85 percent, a lower growth rate compared to the previous year. Statista Digital Market Insights estimated that the revenue of cybersecurity market in the country will continue to increase with a CAGR of 9.63 percent and reach a market volume of around approximately 748.5 million U.S. dollars by 2029.
Revenue growth of the cybersecurity market in Malaysia from 2019 to 2029
Cybersecurity is the process that provides and maintains confidentiality, integrity, availability, and privacy. This includes measures to prevent and respond to all incidents of cybercrimes, such as digital attacks and disruptions, to protect computer systems, networks, programs, and data (e.g., personal assets, important files, industrial and governmental information). The market for Cybersecurity includes revenues generated by the two key products, namely Cyber Solution and Security Services.
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.
Company examples: Cisco, Palo Alto Networks, Secureworks.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (June 15, 2024). Revenue growth of the cybersecurity market in Malaysia from 2019 to 2029 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1410667/malaysia-cybersecurity-revenue-growth
Statista. "Revenue growth of the cybersecurity market in Malaysia from 2019 to 2029." Chart. June 15, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1410667/malaysia-cybersecurity-revenue-growth
Statista. (2024). Revenue growth of the cybersecurity market in Malaysia from 2019 to 2029. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1410667/malaysia-cybersecurity-revenue-growth
Statista. "Revenue Growth of The Cybersecurity Market in Malaysia from 2019 to 2029." Statista, Statista Inc., 15 Jun 2024, https://www.statista.com/forecasts/1410667/malaysia-cybersecurity-revenue-growth
Statista, Revenue growth of the cybersecurity market in Malaysia from 2019 to 2029 Statista, https://www.statista.com/forecasts/1410667/malaysia-cybersecurity-revenue-growth (last visited November 21, 2024)
Revenue growth of the cybersecurity market in Malaysia from 2019 to 2029 [Graph], Statista, June 15, 2024. [Online]. Available: https://www.statista.com/forecasts/1410667/malaysia-cybersecurity-revenue-growth