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China's smart-grid explosion drives 'huge' security spending spree


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2026-02-06 11:56:30
milo
Blue Team (CND)
China’s cybersecurity market is set to explode, growing from a valuation of just $1.8 billion last year to $50 billion by 2020, according to new research from GlobalData. The big 44.7% growth curve – which the firm says is an anomaly on the global stage – will be mainly driven by efforts to secure the country’s extensive and ever-growing power infrastructure.

China's smart-grid explosion drives 'huge' security spending spree
https://www.infosecurity-magazine.com/news/chinas-smart-grid-explosion-drives-huge-security/
China’s cybersecurity market is set to explode, growing from a valuation of just $1.8 billion last year to $50 billion by 2020, according to new research from GlobalData. The big 44.7% growth curve – which the firm says is an anomaly on the global stage – will be mainly driven by efforts to secure the country’s extensive and ever-growing power infrastructure.
Mon, 17 Sep 2012 12:21:00 GMT
https://www.infosecurity-magazine.com/news/chinas-smart-grid-explosion-drives-huge-security/

Source: InfosecMagazine
Source Link: https://www.infosecurity-magazine.com/news/chinas-smart-grid-explosion-drives-huge-security/


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