Asia Pacific Data Diode Security Products Market Key Companies and SWOT Analysis by 2027

The data diode security products market in APAC is expected to grow from US$ 110.45 million in 2019 to US$ 136.73 million by 2027; it is estimated to grow at a CAGR of 4.3% from 2020 to 2027.

Australia, China, India, Japan, South Korea are major economies in APAC. High acceptance of industrial control system is boosting the APAC airport data diode security products market. With the increasing use of IoT and internet penetration across various verticals such as oil & gas, power grids, BFSI, government, and manufacturing; businesses are inclined toward the use of industrial control system solutions, which is propelling the demand for industrial control system security measures for protection against cyber-attacks. Technological developments in the industrial control systems empower enhancements in production, efficiency, and safety due to increased use of smart assets and digital communications. This promotes dependency on communication technology, which is pressurizing to optimize cyber security in industrial control systems networks. In order to balance the necessity for communication and security, industries are highly adopting data diodes that offer the most substantial means to protect industrial control systems communications. Besides, the price point of data diodes is also anticipated to decline in the future. Thus, there will be widespread adoption of data diodes within other verticals such as energy & power and manufacturing. Thus, the industrial control system industry is expected to provide numerous profitable business opportunities for APAC data diode security products market players during the forecast period. Thus, the high acceptance of industrial control system drives the demand for data diode security products, which would ultimately drive the data diode security products market in APAC.

The COVID-19 pandemic is adversely affecting APAC. The region is characterized by the presence of a large number of developing countries, positive economic outlook, high industrial presence, huge population, strong investments in industrial infrastructure, and rising disposable income. Therefore, APAC holds huge potential for various markets such as data diode security products market. The large number of electronic components and a few sectors such as IT, government, and oil & gas in this region offer lucrative opportunities for the growth of APAC data diode security products market. In addition, China, Japan, South Korea, and India are manufacturing hubs. The COVID-19 pandemic is disrupting the growth of various industries in the region. For instance, China is the largest raw material supplier for various industries worldwide; it is one of the worst affected countries by the COVID-19 crisis. The lockdown of various plants and factories in China is hampering the supply chains in APAC, thereby hindering manufacturing processes, delivery schedules, and sales of various products and services in the region. China has recently emerged from a 2-month containment phase and moved into the mitigation stage; however, there is still decline in the growth of its economy due to uncertainty of the COVID-19 outbreak. The governments of various countries in APAC are taking drastic measures to reduce the effects of the outbreak by imposing lockdowns, and travel and trade bans. All these measures are restricting the adoption and growth of data diode security products, especially in electronics and semiconductor sector, and the effect of pandemic is likely to continue in 2021.   

With the new features and technologies, vendors can attract new customers and expand their footprints in data diode security products market. This factor is likely to drive the APAC data diode security products market. The APAC data diode security products market is expected to grow at a prominent CAGR during the forecast period.

APAC Data Diode Products Market

APAC Data Diode Products Market Segmentation

APAC Data Diode Products Market – By Type

• Non-Ruggedized Data Diode
• Ruggedized Data Diode

APAC Data Diode Products Market – By Application

• Government
• Oil & Gas
•  BFSI
• Others

APAC Data Diode Products Market, by Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC

APAC Data Diode Products Market - Companies Mentioned

• BAE Systems
• Belden Inc.
• Fibersystem AB
• Forcepoint
• Fox-IT Holding B.V.
• Rohde & Schwarz GmbH & Co.

Asia Pacific Data Diode Security Products Report Scope