Market shares of cybersecurity hardware brands in China 2022
As of 2022, Venustech was the leading cybersecurity company in the hardware segment in China, with a market share of over 10 percent. In the same year, the size of the cybersecurity hardware market in China reached 26 billion yuan. According to the forecast, the industry's size was projected to exceed 27 billion yuan in 2023. The hardware segment in the cybersecurity industry accounted for around half of the overall market.