HONG KONG, June 15, 2022 /PRNewswire/ — Sangfor Technologies (300454.SZ) proudly announces that it is a top 3 cybersecurity vendor by revenue for 2021 in the Asia Pacific region* based on recent Gartner publication Market share: Security software, worldwide, 2021 report. The Gartner report presents security software revenue and market share for more than 90 security software vendors in all security markets and regions worldwide.
Sangfor’s security products were included in the following three security sub-segments of the report:
An APAC leader
The Market Share report reveals Sangfor’s excellent results in a security market for 2021 that was worth $6.2 billion in total:
- 2 best sellers in APAC (combination of the above sub-segments)
- Top 3 providers in APAC (all security sub-segments)
- Revenue growth of 61.30% in the APAC security market
In recent years, Sangfor has pursued ambitious international expansion and deep localization strategieswith Asia Pacific the center of attention. The region has seen a surge in cybersecurity spending due to the growing need to protect digital transformation businesses across various industries from cyberattacks. Indonesiain particular, has been the target of the highest number of ransomware attacks in the world, and organizations urgently need to strengthen their network defense capabilities.
With professional teams, multiple offices and trusted partners based in the countries of the region, coupled with years of rich local experience, Sangfor is perfectly positioned to help users keep their businesses safe.
“We believe great results like these are the drivers of our continuous innovation and pursuit of excellence. Sangfor is committed to providing users worldwide with industry leading products and services and fulfilling our mission of simplify and secure your digital transformation,” says Kaden ZhangChairman of Sangfor International Market.
 Gartner, Inc., Security Software Market Share, Global, 2021, Shailendra Upadhyay et al., published May 10, 2022.
*The Asia Pacific the region referred to in this article is a combination of emerging Asia/Pacific, mature Asia/Pacific and Greater China regions in the Gartner report.
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Sangfor Technologies is a leading global provider based in APAC specializing in cybersecurity, cloud computing and IT infrastructure. Founded in 2000 and publicly traded since 2018 (STOCK CODE: 300454.SZ), Sangfor employs 9,500 employees, operates 60 offices and serves more than 100,000 customers worldwide, many of which are Fortune 500 companies, government institutions , universities and schools. Visit us at www.sangfor.com to learn more about Sangfor solutions and let Sangfor make your digital transformation easier and safer.
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