Singapore Cybersecurity Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Singapore Cybersecurity Market Report is Segmented by Offering (Solutions (Application Security, Cloud Security, Data Security, Identity and Access Management, Infrastructure Protection, Integrated Risk Management, Network Security Equipment, End-Point Security and Other Solutions) and Services (Professional Services and Managed Services)), by Deployment (On-Premise and Cloud), by Organization Size (SMEs, Large Enterprises), by End-User Industry (BFSI, Healthcare, IT and Telecom, Industrial and Defense, Retail, Energy and Utilities, Manufacturing, and Other End-User Industries). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Singapore Cybersecurity Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Singapore Cyber Security Market Size

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Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 2.65 Billion
Market Size (2030) USD 5.60 Billion
CAGR (2025 - 2030) 16.14 %
Market Concentration Medium

Major Players

*Disclaimer: Major Players sorted in no particular order

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Singapore Cyber Security Market Analysis

The Singapore Cybersecurity Market size is estimated at USD 2.65 billion in 2025, and is expected to reach USD 5.60 billion by 2030, at a CAGR of 16.14% during the forecast period (2025-2030).

  • With increasing security and privacy concerns, the market for cyber safety is expected to keep expanding and diversifying with new threats coming upstream. More integrated solutions will also be required in order to respond to rising demand from all parts of the country.
  • Cyber threats are those that exploit the Internet for damage, disrupt information systems, or steal vital information through spyware, malware, and phishing. For the protection of data confidentiality, cybersecurity solutions assist enterprises in monitoring, detecting, reporting, and dealing with cyber threats. With the increasing penetration of the Internet in developing and developed countries, there is a chance that the adoption of cybersecurity solutions will increase.
  • The increasing number of connected devices is expected to increase the occurrence and emergence of new threats and attacks, thereby creating an increased demand for improved security on consumer electronics that are highly vulnerable to cyber attacks, which further reveals the vulnerabilities of IoT devices as endpoints.
  • Large businesses are implementing more data-based AI solutions for security and sales. Cybersecurity experts have turned to geospatial data to shore up the lines of defense. By implementing geospatial data into pre-existing security systems, companies can strengthen emergency management, national intelligence, infrastructure protection, and national defense platforms.
  • The lack of trained cybersecurity staff in all sectors is one of the major causes of increased cyber attacks. The demand for experienced cybersecurity professionals, particularly in Asia-Pacific, is not as great as that of security staff who are needed to tackle cyber threats related to finance institutions and governments or industrial enterprises.

Singapore Cyber Security Industry Overview

The Singaporean cybersecurity market is semi-consolidated. Players in the market such as Horangi Cyber Security, Wizlynx Pte Ltd, Attila Cybertech Pte Ltd, Tech Security, and Tenable Singapore adopt cater to strategic initiatives such as mergers and acquisitions, partnerships, and new product offerings due to increasing awareness regarding mobility security among enterprises.

  • March 2024: Tenable, an exposure management company, announced innovative enhancements in exposure AI, the generative AI capabilities and services within its Tenable One Exposure Management platform. The new features enable customers to quickly summarize relevant attack paths, ask questions of an AI assistant, and receive specific mitigation guidance to act on intelligence and reduce risk.
  • August 2023: Bitdefender announced the acquisition of Horangi Cyber Security, enabling it to offer customers an expanded portfolio of cybersecurity solutions and services and provide an even greater level of service, innovation, and value to meet evolving needs.

Singapore Cyber Security Market Leaders

  1. Horangi Cyber Security

  2. wizlynx Pte Ltd

  3. Attila Cybertech Pte Ltd

  4. Tech Security

  5. Tenable Singapore

  6. *Disclaimer: Major Players sorted in no particular order
Singapore Cybersecurity Market Concentration
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Singapore Cyber Security Market News

  • February 2024: Tenable announced the launch of Tenable One for OT/IoT. It is the first and only exposure management platform that provides holistic visibility into assets across IT and operational technology (OT) environments. It helps extend visibility beyond IT to include OT and IoT and helps security leaders gain a clear picture of true exposure across their entire attack surface.
  • October 2023: Ensign InfoSecurity (Ensign) announced that it was granted a patent for a system and method for detecting phishing domains in a set of domain names and DNS records. The patent represents an important contribution to addressing the critical problem of detecting phishing sites, a tool often used by cybercriminals for phishing attacks.

Singapore Cybersecurity Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Intensity of Competitive Rivalry
    • 4.2.5 Threat of Substitutes
  • 4.3 Industry Guidelines and Policies
  • 4.4 Assessment of Impact of COVID-19 on the Industry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rapidly Increasing Cybersecurity Incidents and Regulations Requiring Their Reporting
    • 5.1.2 Growing M2M/IoT Connections Demanding Strengthened Cybersecurity in Enterprises
  • 5.2 Market Challenges
    • 5.2.1 Lack of Cybersecurity Professionals
    • 5.2.2 High Reliance on Traditional Authentication Methods and Low Preparedness

6. MARKET SEGMENTATION

  • 6.1 By Offering
    • 6.1.1 Solutions
    • 6.1.1.1 Application Security
    • 6.1.1.2 Cloud Security
    • 6.1.1.3 Data Security
    • 6.1.1.4 Identity and Access Management
    • 6.1.1.5 Infrastructure Protection
    • 6.1.1.6 Integrated Risk Management
    • 6.1.1.7 Network Security Equipment
    • 6.1.1.8 End point Security
    • 6.1.1.9 Other Solutions
    • 6.1.2 Services
    • 6.1.2.1 Professional Services
    • 6.1.2.2 Managed Services
  • 6.2 By Deployment Mode
    • 6.2.1 Cloud
    • 6.2.2 On-premise
  • 6.3 By Organization Size
    • 6.3.1 SMEs
    • 6.3.2 Large Enterprises
  • 6.4 By End User
    • 6.4.1 BFSI
    • 6.4.2 Healthcare
    • 6.4.3 IT and Telecom
    • 6.4.4 Industrial & Defense
    • 6.4.5 Retail
    • 6.4.6 Energy and Utilities
    • 6.4.7 Manufacturing
    • 6.4.8 Others

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Horangi Cyber Security
    • 7.1.2 wizlynx Pte Ltd
    • 7.1.3 Attila Cybertech Pte Ltd
    • 7.1.4 Tech Security
    • 7.1.5 Tenable Singapore
    • 7.1.6 InsiderSecurity
    • 7.1.7 Ensign InfoSecurity (Singapore) Pte Ltd
    • 7.1.8 iCyberwise
    • 7.1.9 A Very Normal Company
    • 7.1.10 GROUP8
    • 7.1.11 Blackpanda
    • 7.1.12 MK Cybersecurity
    • 7.1.13 WebOrion
    • 7.1.14 i-Sprint Innovations
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDs

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Singapore Cyber Security Industry Segmentation

Cybersecurity solutions help organizations detect, monitor, report, and counter cyber threats to maintain data confidentiality. The adoption of cybersecurity solutions is expected to grow in line with the rising internet penetration among developing and developed countries. The need for cybersecurity has increased as every system in today's world is connected to the Internet, making data more accessible to cybercriminals.

The Singapore cybersecurity market is segmented by offerings (solutions [application security, cloud security, data security, identity access management, infrastructure protection, integrated risk management, network security, end-point security, and other solution types] and services [professional services and managed services]), by deployment (On-premise, and cloud), by organization size (SMEs, large enterprises), by end-user vertical (BFSI, healthcare, IT and telecom, industrial and defense, retail, energy and utilities, manufacturing, and other end-user industries). The market sizes and forecasts are provided in terms of value in (USD) for all the above segments.

By Offering Solutions Application Security
Cloud Security
Data Security
Identity and Access Management
Infrastructure Protection
Integrated Risk Management
Network Security Equipment
End point Security
Other Solutions
Services Professional Services
Managed Services
By Deployment Mode Cloud
On-premise
By Organization Size SMEs
Large Enterprises
By End User BFSI
Healthcare
IT and Telecom
Industrial & Defense
Retail
Energy and Utilities
Manufacturing
Others
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Singapore Cybersecurity Market Research Faqs

How big is the Singapore Cybersecurity Market?

The Singapore Cybersecurity Market size is expected to reach USD 2.65 billion in 2025 and grow at a CAGR of 16.14% to reach USD 5.60 billion by 2030.

What is the current Singapore Cybersecurity Market size?

In 2025, the Singapore Cybersecurity Market size is expected to reach USD 2.65 billion.

Who are the key players in Singapore Cybersecurity Market?

Horangi Cyber Security, wizlynx Pte Ltd, Attila Cybertech Pte Ltd, Tech Security and Tenable Singapore are the major companies operating in the Singapore Cybersecurity Market.

What years does this Singapore Cybersecurity Market cover, and what was the market size in 2024?

In 2024, the Singapore Cybersecurity Market size was estimated at USD 2.22 billion. The report covers the Singapore Cybersecurity Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Singapore Cybersecurity Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Singapore Cybersecurity Industry Report

Statistics for the 2025 Singapore Cybersecurity market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Singapore Cybersecurity analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Singapore Cybersecurity Market Report Snapshots