india-cyber-security-market

The India cyber security market is expected to grow with a CAGR of 13.90%, during the forecast years. The country’s market growth is primarily attributed to factors such as the growing number of cyber-attacks, the initiatives introduced by the government, and the increased usage of the internet. The base year considered for the market study is 2020, and the forecast years are from 2021 to 2025.

INDIA CYBER SECURITY MARKET FORECAST 2021-2025

India Cyber Security Market by Component (Solution, Service) by Application (Identity and Access Management (Iam), Infrastructure Security, Governance, Risk, and Compliance, Unified Vulnerability Management Service Offering, Data Security and Privacy Service Offering, Other) by Deployment (Cloud, on-premises) by Organization Size (Large Organization, Smes) by Industrial Vertical (Aerospace and Defense, Bfsi, Healthcare, Public Sector, Retail, It and Telecommunication, Energy and Utilities, Manufacturing, Others)

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Report Summary

The India cyber security market is expected to grow with a CAGR of 13.90%, during the forecast years. The country’s market growth is primarily attributed to factors such as the growing number of cyber-attacks, the initiatives introduced by the government, and the increased usage of the internet. The base year considered for the market study is 2020, and the forecast years are from 2021 to 2025.
india-cyber-security-market

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While India establishes itself within the information technology (IT) sector, the country’s reliance on technology subsequently increases. Indians utilize the internet for all their needs, such as, studying, banking, shopping, and storing data. As a result, cybercrimes and cyber-attacks have also increased, in proportion to the considerable internet usage.

India witnessed a 68% growth in cybercrimes registered, from 2010 to 2016, while ranking fifth, in terms of comprehensive DNS hijacks. Thus, owing to the surging risks and threats, India’s government strives to confront them through numerous initiatives, like the National Cyber Security Policy, and the Cyber Swachhta Kendra. The government is also preparing itself to combat cybercrimes through legal frameworks, robust regulations, and implementable laws. This strategy is a result of the limited awareness regarding the impact and importance of cybersecurity, in addition to the 9.5% increase in the overall expenses paid by Indian enterprises, on account of the data breaches in 2016. Therefore, these factors are anticipated to fuel India’s cyber security market growth, during the forecast period.

IBM Corporation, headquartered in the United States, functions as an integrated service and technology enterprise, worldwide. Its segment, cognitive solutions, provides a portfolio of enterprise artificial intelligence platforms, like, cloud data services, analytics and data management platforms, industry solutions, and talent management.

 

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    Table of Contents

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      •    KEY DRIVERS
        • INCREASING VIRUS THREATS AMONG ORGANIZATIONS
        • CLOUD-BASED CYBER SECURITY SOLUTIONS IS IN DEMAND
        • GROWTH OF IOT AND BRING YOUR OWN DEVICE
        • RISE IN CYBER SECURITY INCIDENTS AND CYBER SECURITY REGULATIONS
      •    KEY RESTRAINTS
        • COMPLEX DESIGNS OF DEVICE SECURITY
        • LIMITED BUDGET AMONG SMEs
        • INSUFFICIENCY OF CYBER SECURITY PROFESSIONALS
        • AVAILABILITY OF PIRATED VERSION OF SOFTWARES
        • AVOIDING SOFTWARE UPGRADES
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON CYBER SECURITY MARKET
      • KEY INVESTMENT INSIGHTS
      •    PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
      • KEY BUYING CRITERIA
      •    TYPES OF CYBER SECURITY
        • NETWORK SECURITY
        • CLOUD SECURITY
        • APPLICATION SECURITY
        • END-POINT SECURITY
        • WIRELESS NETWORK SECURITY
        • DATABASE SECURITY AND WEB APPLICATION SECURITY
    1. MARKET BY COMPONENT
      • SOLUTION
      • SERVICE
    2. MARKET BY APPLICATION
      • IDENTITY AND ACCESS MANAGEMENT (IAM)
      • INFRASTRUCTURE SECURITY
      • GOVERNANCE, RISK, AND COMPLIANCE
      • UNIFIED VULNERABILITY MANAGEMENT SERVICE OFFERING
      • DATA SECURITY AND PRIVACY SERVICE OFFERING
      • OTHER
    3. MARKET BY DEPLOYMENT
      • CLOUD
      • ON-PREMISES
    4. MARKET BY ORGANIZATION SIZE
      • LARGE ORGANIZATION
      • SMEs
    5. MARKET BY INDUSTRIAL VERTICAL
      • AEROSPACE AND DEFENSE
      • BFSI
      • HEALTHCARE
      • PUBLIC SECTOR
      • RETAIL
      • IT AND TELECOMMUNICATION
      • ENERGY AND UTILITIES
      • MANUFACTURING
      • OTHERS
    6. COMPETITIVE LANDSCAPE
      •    KEY STRATEGIC DEVELOPMENTS
        • MERGER & ACQUISITIONS
        • PRODUCT LAUNCH & DEVELOPMENTS
        • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
        • BUSINESS EXPANSION
      •    COMPANY PROFILE
        • AVG TECHNOLOGIES (ACQUIRED BY AVAST)
        • CISCO SYSTEMS INC
        • DELL TECHNOLOGIES INC
        • FIREEYE INC
        • IBM CORPORATION
        • INTEL SECURITY (INTEL CORPORATION)
        • PALO ALTO NETWORKS INC

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – CYBER SECURITY

    TABLE 2: INDIA CYBER SECURITY MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: INDIA CYBER SECURITY MARKET, BY COMPONENT, FORECAST YEARS, 2021-2025 (IN $ MILLION)

    TABLE 4: INDIA CYBER SECURITY MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: INDIA CYBER SECURITY MARKET, BY APPLICATION, FORECAST YEARS, 2021-2025 (IN $ MILLION)

    TABLE 6: INDIA CYBER SECURITY MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: INDIA CYBER SECURITY MARKET, BY DEPLOYMENT, FORECAST YEARS, 2021-2025 (IN $ MILLION)

    TABLE 8: INDIA CYBER SECURITY MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: INDIA CYBER SECURITY MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2021-2025 (IN $ MILLION)

    TABLE 10: INDIA CYBER SECURITY MARKET, BY INDUSTRIAL VERTICAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 11: INDIA CYBER SECURITY MARKET, BY INDUSTRIAL VERTICAL, FORECAST YEARS, 2021-2025 (IN $ MILLION)

    LIST OF FIGURES

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: KEY BUYING IMPACT ANALYSIS

    FIGURE 7: BENEFITS OF NETWORK SECURITY SOLUTIONS

    FIGURE 8: INDIA CYBER SECURITY MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020

    FIGURE 9: INDIA CYBER SECURITY MARKET, BY SOLUTION, 2021-2025 (IN $ MILLION)

    FIGURE 10: INDIA CYBER SECURITY MARKET, BY SERVICE, 2021-2025 (IN $ MILLION)

    FIGURE 11: INDIA CYBER SECURITY MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 12: INDIA CYBER SECURITY MARKET, BY IDENTITY AND ACCESS MANAGEMENT (IAM), 2021-2025 (IN $ MILLION)

    FIGURE 13: INDIA CYBER SECURITY MARKET, BY INFRASTRUCTURE SECURITY, 2021-2025 (IN $ MILLION)

    FIGURE 14: INDIA CYBER SECURITY MARKET, BY GOVERNANCE, RISK AND COMPLIANCE, 2021-2025 (IN $ MILLION)

    FIGURE 15: INDIA CYBER SECURITY MARKET, BY UNIFIED VULNERABILITY MANAGEMENT SERVICE OFFERING, 2021-2025 (IN $ MILLION)

    FIGURE 16: INDIA CYBER SECURITY MARKET, BY DATA SECURITY AND PRIVACY SERVICE OFFERING, 2021-2025 (IN $ MILLION)

    FIGURE 17: INDIA CYBER SECURITY MARKET, BY OTHER, 2021-2025 (IN $ MILLION)

    FIGURE 18: INDIA CYBER SECURITY MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2020

    FIGURE 19: INDIA CYBER SECURITY MARKET, BY CLOUD, 2021-2025 (IN $ MILLION)

    FIGURE 20: INDIA CYBER SECURITY MARKET, BY ON-PREMISES, 2021-2025 (IN $ MILLION)

    FIGURE 21: INDIA CYBER SECURITY MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2020

    FIGURE 22: INDIA CYBER SECURITY MARKET, BY LARGE ORGANIZATION, 2021-2025 (IN $ MILLION)

    FIGURE 23: INDIA CYBER SECURITY MARKET, BY SMEs, 2021-2025 (IN $ MILLION)

    FIGURE 24: INDIA CYBER SECURITY MARKET, GROWTH POTENTIAL, BY INDUSTRIAL VERTICAL, IN 2020

    FIGURE 25: INDIA CYBER SECURITY MARKET, BY AEROSPACE AND DEFENSE, 2021-2025 (IN $ MILLION)

    FIGURE 26: INDIA CYBER SECURITY MARKET, BY BFSI, 2021-2025 (IN $ MILLION)

    FIGURE 27: INDIA CYBER SECURITY MARKET, BY HEALTHCARE, 2021-2025 (IN $ MILLION)

    FIGURE 28: INDIA CYBER SECURITY MARKET, BY PUBLIC SECTOR, 2021-2025 (IN $ MILLION)

    FIGURE 29: INDIA CYBER SECURITY MARKET, BY RETAIL, 2021-2025 (IN $ MILLION)

    FIGURE 30: INDIA CYBER SECURITY MARKET, BY IT AND TELECOMMUNICATION, 2021-2025 (IN $ MILLION)

    FIGURE 31: INDIA CYBER SECURITY MARKET, BY ENERGY AND UTILITIES, 2021-2025 (IN $ MILLION)

    FIGURE 32: INDIA CYBER SECURITY MARKET, BY MANUFACTURING, 2021-2025 (IN $ MILLION)

    FIGURE 33: INDIA CYBER SECURITY MARKET, BY OTHERS, 2021-2025 (IN $ MILLION)

    Segmentation

    1. MARKET BY COMPONENT
      • SOLUTION
      • SERVICE
    2. MARKET BY APPLICATION
      • IDENTITY AND ACCESS MANAGEMENT (IAM)
      • INFRASTRUCTURE SECURITY
      • GOVERNANCE, RISK, AND COMPLIANCE
      • UNIFIED VULNERABILITY MANAGEMENT SERVICE OFFERING
      • DATA SECURITY AND PRIVACY SERVICE OFFERING
      • OTHER
    3. MARKET BY DEPLOYMENT
      • CLOUD
      • ON-PREMISES
    4. MARKET BY ORGANIZATION SIZE
      • LARGE ORGANIZATION
      • SMEs
    5. MARKET BY INDUSTRIAL VERTICAL
      • AEROSPACE AND DEFENSE
      • BFSI
      • HEALTHCARE
      • PUBLIC SECTOR
      • RETAIL
      • IT AND TELECOMMUNICATION
      • ENERGY AND UTILITIES
      • MANUFACTURING
      • OTHERS

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