On May 19th, renowned third-party consulting firm IDC released the "2022 Q4 China IT Security Software Market Tracking Report". According to the report, in 2022, WebRAY consistently ranked among the top 3 in China's response and orchestration software market, with a growing market share.

According to an IDC report, the overall revenue of Chinese IT security software market vendors in the second half of 2022 was approximately 2.38 billion US dollars (about 16.57 billion yuan), an increase of 12.4% year-on-year. Based on the annual data, the market size of IT security software in China reached 3.92 billion US dollars in 2022, an increase of 12.5% compared to 2021.

According to IDC's report on the performance of China's network security software market in 2022, the overall growth rate of China's IT security software market has slowed down due to the impact of the epidemic on economic growth. In the industry, due to the impact of the epidemic and economic uncertainty, the government, transportation and other industries have been cautious in their investment, resulting in a reduction in overall budget scale. Some project bidding has been suspended or postponed until 2023. In the context of slowing investment in various industries, the growth of industries such as finance and manufacturing is relatively stable.

Since 2019, this is the fourth time that WebRAY has been selected for the IDC China IT Security Software Market Report, and its market share ranking has been increasing year by year. This is not only a concrete manifestation of Shengbang Security's two precision and one deep research and development strategy, but also a recognition of the company's product competitiveness and market performance by well-known third-party organizations.