Page 7 - InformationSecurity
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the market is projected to reach 21% by 2023. The world faces an
                 increasingly challenging information security environment where threats
                 to information security continue to rise every day. With demands for the
                 development of cloud applications, artificial intelligence, and the IoT, the
                 output value of the information security industry in Taiwan is expected
                 to increase to NT$55 billion in 2020, and could reach NT$60 billion in
                 2021.


                               Proxy service      Information security software
                 NT$ Billion   Information security service  Information security module/haedware
                 70
                                                                59.75
                 60                                  55.35
                                           49.33
                 50                                              7.75
                                 43.93                 7.56
                       39.36
                 40                         6.92                16.72
                                  6.24                14.72
                        5.14                12.25
                 30               10.21                          5.45
                        8.53                4.78       5.22
                 20     4.16      4.46

                 10     21.53     23.02     25.38     27.85     29.83

                  0
                       2017      2018      2019       2020      2021

                Source: Industry, Science and Technology International Strategy Center, ITRI.
                       Figure 1 Overview of the output value of Taiwan's information
                                  security industry 2017-2021


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