Cybersecurity, $26b market by year-end

China Daily (Europe) | Dec 1, 2020 at 1:00 AM
  • The market size of China’s cybersecurity industry is forecast to exceed 170 billion yuan ($25.8 billion) in 2020, twice the size of 2015, as the nation’s companies have made strides in research and development on products and services to safeguard internet information security, officials and experts said on Monday.
  • With the in-depth integration of 5G and industrial systems, severe security challenges will face the industrial internet.
  • It is part of a plan to build a sound and complete cybersecurity system by 2025 to promote the development of the industrial internet in the country.