Market Review｜2025 Annual

China Cybersecurity Market Review｜2025 Annual

Z-ONE consulting’s China Cybersecurity Market Review demonstrated M&A and Financing Deal Summary and Public Company Analysis.

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KEY POINTS

Market Low: Financing hit a multi-year low with only 30 deals totaling ¥700 million.
Strategic M&A: Recorded 5 deals worth ¥410 million, focusing on AI and code security.
Performance Gap: Top vendors grew up to 179.2%, while others fell by as much as 24.1%.

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