Market Share of Singapore Cybersecurity Industry
Singapore cybersecurity market is moderately fragmented. Players in the market adopt strategic initiatives such as mergers and acquisitions, partnerships, and new product offerings due to increasing awareness regarding mobility security among enterprises. Some of the recent developments in the market are:
- September 2021: ST Engineering's Cyber business launched advanced cybersecurity solutions to provide customers with the latest critical technologies amidst evolving cyber threats and growing regulatory compliances. It unveiled NetCrypt Mini and a new generation Data Diode, network and data security control solutions aimed at helping governments and enterprises strengthen cross-domain security and defend critical systems data against cyber threats at boundaries of sensitive or classified networks.
- March 2021: Singapore government announced that it is launching two initiatives to manage cybersecurity risks across the supply chain. One initiative focuses specifically on the critical information infrastructure owners, and the other on improving cybersecurity in all industries' supply chains.
Singapore Cybersecurity Market Leaders
Horangi Cyber Security
wizlynx Pte Ltd
Attila Cybertech Pte Ltd
Tech Security
Tenable Singapore
*Disclaimer: Major Players sorted in no particular order
