CYBERSECURITY TECH GOING GLOBAL

2023.081stEdition FOREWORD Cybersecurity industry has been growing rapidly in recent years, attracting attention with itsmomentum. As an important component of China's digital transformation and new technologydevelopment, cybersecurity technology plays a crucial role in protecting information security andpreventing cyber attacks. With the gradual maturity of China's cybersecurity technology products, China’s cybersecurityvendors have embarked on the path of exploring overseas markets. This trend has become increasingly evident in 2023. This report aims to provide a summary overview of China’s cybersecurity vendors that are activelyexploring global markets. The report offers a comprehensive overview of their overseas business,including company profiles, product technologies, GTM and business landing models. Our goal is to provide a holistic overview for global clients and partners, enabling them to betterunderstand the strengths and characteristics of China’s cybersecurity tech vendors. Additionally, wehope this report will facilitate more technological and business collaborations with them, contributingto the enhancement and innovative development of global cybersecurity. This report is part of the Cyber Security Billboard series by Z-ONE Consulting. CHINACYBERSECURITY TECHMARKET OVERVIEW Per IDC data, worldwide spending on security solutions and servicesis forecast to be $219 billion in 2023, an increase of 12.1% compared to2022. Asia/Pacific (excluding Japan and China) and the People's Republicof China will be the next largest regions for security spending this year.China is forecast to see the fastest spending growth over the 2021-2026forecast period with a five-year CAGR of 18.8%. According to the "Digital China Development Report (2022)”, the scale of thecybersecurity industry in China continues to expand. In 2022, it is estimated to havereached nearly CNY 217 billion, with a year-on-year growth of 13.9%. The numberof enterprises engaged in the cybersecurity sector exceeds 3,000. Furthermore, thetalent pool in cybersecurity is continuously growing, with over 500 undergraduateand vocational colleges across the country offering majors related to network andinformation security. CYBERSECURITY ANGEL INVESTMENT ISHOTFOR THE PAST 3 YEARS CYBERSECURITYENTREPRENEURIAL ECOSYSTEMIS DEVELOPING CHINACYBERSECURITY TECHGLOBAL EXPANSION STATUS Technological Advantages ofChinese Cybersecurity Vendors Tech Maturity After years of polishing in the Chinesedomestic market and extensivedeployment, certain segments ofcybersecurity technology, such as networktraffic and endpoints, have becomehighly mature and stable, comparable tointernational vendors. Language Advantage Some threat scenarios are related toChinese language context, such asphishing fraud and threat intelligence.Chinese vendors have a natural advantagein this area. Service Support Chinese customers have high demandsfor security services along with product.Therefore, customized after-sales serviceand support from security analysts arebasic capabilities of Chinese securityvendors. CHINACYBERSECURITY TECHGOING GLBAL TOP 20 Copyright Notice Disclaimers This report is produced by Z-ONE Consulting, and its copyright belongs toZ-ONE Consulting. No organization or individual shall use, copy, modifyor disseminate the contents of the report in any form without the writtenpermission of Z-ONE Consulting. Reprint, excerpt or quote the contents andviews of this report shall indicate that "it comes from specific report by Z-ONEConsulting" and inform Z-ONE Consulting in writing. This report is not intended to address any citizen or resident of any region, country or other jurisdiction whose use of this report results in a violationof local laws or regulations by Z-ONE Consulting and its affiliates or may subject Z-ONE Consulting to laws or regulations. The data and analysisin this report are mainly completed by the company's researchers using desktop research, industry interviews, market research and other researchmethods. Part of the text and data are collected from public information, and Z-ONE Consulting does not Limited by research methods and dataacquisition resources, this report is only provided to users as market reference materials. In any case, the information or views expressed in thisreport do not constitute any suggestions, and Z-ONE Consulting shall not be liable for any losses caused by using the materials in this report.