Information security in 2024
Data protection is of particular importance in today`s information world. This is also extremely relevant when information is strategically important in the current environment.
Next, let’s explore the current state of the Russian cybersecurity market, as well as its trends and prospects.
Current position in the Russian information security market
Experts at the Centre for Strategic Developments have calculated that in 2023, the volume of the Russian cybersecurity market will exceed RUB 248 billion (USD 8.73 billion). This is 28% more than in 2022. The significant growth of the domestic information security market is caused by the increase in the budgets of Russian companies allocated for these purposes; thus, almost 40% of enterprises and organisations from various industries have increased their investments in cybersecurity. The reason for the growth in spending is the increased activity of hackers, who now seek to seize information not only from specific firms or departments but also attack service providers and corporate platforms.
The ratio between services and data protection tools remained virtually unchanged compared to 2022: 27% and 73%, respectively, versus 26% and 74% a year earlier. The segment of data protection tools showed the highest growth, 93.8% in 2023.
In 2023, the share of Russian vendors in the total cybersecurity market increased to 89%, while in 2022, this indicator was 70%. This trend is due to both the strategic importance of information protection and the high quality of products from domestic developers. Kaspersky Lab and Positive Technologies hold the leading positions in this segment. It is also worth mentioning important companies in the sector such as Solar, InfoTeks, User Gate, BI.ZONE, Security Code, Innostage, Jet Infosystems.
Current trends in the domestic cyber security market
One of the main trends in the global and domestic cybersecurity market is the comprehensiveness and flexibility of the solutions offered. A comprehensive solution includes assessment of current security, construction of defence systems, and monitoring and response to various incidents. At the same time, it can be adapted to the specifics of a particular industry or enterprise.
In cybersecurity, it is important to be one or more steps ahead of attackers. For this reason, artificial intelligence and machine learning technologies are becoming particularly important for the industry. They can significantly improve the quality of predicting and preventing cyber threats of various types.
Blockchain technology plays an important role in protecting information. It enables data and banking transactions to be securely protected from unauthorised access and interference.
In recent years, remote and hybrid working formats have become increasingly common. This has been catalysed by the coronavirus pandemic. Consequently, cloud storage and mobile security solutions have become increasingly important.
Internet of Things (IoT) technologies are increasingly being used both in everyday life and at work. There is no doubt that smart gadgets make life more comfortable and work processes more efficient. At the same time, their use expands the variability of cyberattacks. This is why IoT security technologies are becoming increasingly popular.
Projections for the Russian cyber security market
In the next five years, we should expect further dynamic growth of the domestic market of cyber security systems. In their study, CSR experts forecast that from 2024 to 2028, the average annual growth rate of this market will be about 23.6%, which is significantly higher than the global figures. It is expected that by 2028, the volume of the Russian cybersecurity systems market will grow to 715 billion rubles.
We should also expect further growth in the share of domestic vendors. The CSR estimates that by 2028, this figure will reach 95%. Moreover, domestic solutions are already on par with, and in some aspects even superior to, their foreign counterparts. Their use will make it possible to avoid risks of information leakage.
Regarding products, we should expect further growth in demand for integrated solutions. This applies not only to high-tech industries (military-industrial complex, machine building, mining, e-commerce) but also to small and medium-sized businesses, where it is important to ensure not only high security but also the availability of the offered software.
Artificial intelligence, machine learning and big data analytics will be increasingly used every year. These technologies will enable rapid response to emerging challenges and improve the effectiveness of defences.
Why exhibit in Securika Moscow?
The Russian cybersecurity market has demonstrated significant growth rates in recent years and is not going to slow down in the near future. Therefore, entering the market interests both promising players and companies that have already accumulated experience and want to try their hand at new segments. Exhibiting at Securika Moscow 2025 is a great chance to make a name for yourself and demonstrate your solutions to the target audience.
For 29 years, this event has been Russia's largest exhibition of technical security and security and fire protection equipment. The demand for the event is emphasised by the constant growth in the number of visitors; thus, in 2024, 20,379 specialists from 81 regions of Russia and 22 countries became guests of the exhibition. It is worth noting that 93% of visitors influence purchasing decisions, and 38% have a purchasing budget of 20 million rubles or more. It is also important to emphasise that the information security section of the exhibition was among the most popular: 4,313 specialists (32% of the total number of visitors) were interested in it.
In addition, information security market players can also find new partners among the exhibitors. From year to year, leading manufacturers and suppliers of video surveillance, ACS, alarm and notification systems, firefighting and perimeter protection equipment take part in the exhibition. These companies are interested in relevant products and can potentially become long-term partners.
Therefore, if your company develops or supplies cyber security solutions, participation in the 30th International Exhibition for Security and Fire Protection Securika Moscow (23-25 April 2025, Moscow, Crocus Expo IEC, pavilion 3) will allow you to network and increase your brand awareness in Russia and CIS countries: get acquainted with the industry's current trends and prospects, find new partners, and expand your sales territory.