India Cyber Security market stood at USD2200.23 million in FY2021 and is forecast to grow at a CAGR of 8.05% by FY2027. Owing to the rising data breach, hacking attempts, phishing, snooping, foreign espionage, etc., also a rise in demand to reduce information technology (IT) costs by using the resources of the cloud computing services, there is a boost in the India cyber security market.

Cyber security refers to the protection of sensitive information, computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks. These malicious attacks or cyberattacks can critically impact individuals, businesses, and government organizations. The impact can be in the form of monetary loss, identity theft, reputational damage, etc. Cyber security also helps in improving the organization's overall security mechanisms with the help of a better information framework, resulting in smooth business management activities. Cyber security is also known as information technology security or electronic information security.

Increasing Dependence on Digital Technology

With the advancement of technologies in India, people are becoming increasingly reliant on such technologies. There has been a rapid increase in user registration on online portals, with websites saving personal data, ranging from social networking to performing banking activities online. Additionally, Indian businesses have changed the way they conduct business, with many relying entirely on cloud-based technologies. During the pandemic, 'remote working' gave an additional push for firms to improve their technological integration. Furthermore, Indian enterprises do all their financial transactions digitally. As a result, the number of cyberattacks has increased, requiring India to deploy cyber security measures.

Increasing Demand for Big Data Analytics

The increasing number of cyber-attacks and data breaches all across the world has created a demand for Security Information and Event Management (SIEM) technology and services that collect real-time security events from various data sources and events to detect threats and generate security incidents responses. Previously, large corporations focused their efforts on threat prevention. With the help of previous patterns, the organizations were able to detect cyber attacks. However, the necessity of monitoring and evaluating cyber attacks trends to assist governments and corporations in developing adequate cyber security measures are emphasized via ongoing innovation in cyberspace. As a result, big data is predicted to play a large role in the cyber security market, affecting a wide range of cyber security solutions such as network monitoring, fraud detection, identity, access management, etc. Thus, the use of big data cyber analytics by businesses is increasing, boosting growth in the India cyber security market.

Growth in Demand of Cloud Services

The rise in remote working emerges as a result of the lockdown all across India, which has been primarily backed by cloud computing solutions, allowing employees to do their work efficiently from any location. With the help of cloud services, businesses and governments can easily handle vast amounts of data. However, misconfigured storage, insufficient identity and access management restrictions, insecure application programming interfaces (APIs), data loss, breaches, and leaks are all common problems with cloud services. These threats will become more critical as more businesses adopt cloud computing platforms, fueling growth in the cyber security sector.

 

Market Segmentation

India cyber security market can be segmented into security type, solution type, deployment mode, end use industry and region. Based on security type, the market is segmented into network security, endpoint security, application security, cloud security, content security, others. Based on solution type, the market is divided into Firewall, Antivirus & Antimalware, Data Loss Prevention, Risk & Compliance Management, Identity & Access Management, Intrusion Detection/Prevention System, Email Filtering, Secure Web Gateways, Encryption & Decryption, Others. On the basis of end use industry, the market is segmented into BFSI, IT & Telecom, Defense, Healthcare, Energy & Power, Retail & E-Commerce, and Others. Based on deployment mode, the India cyber security market is segmented into On-Premise and Cloud. The market analysis also studies the regional segmentation and the top 12 states.

Company Profiles

Mcafee Software (India) Private Limited, Palo Alto Networks (India) Private Limited, Quick Heal Technologies Limited, Sonicwall Technology Systems India Private Limited, NortonLifeLock India Private Limited, Juniper Networks India Private Limited, IBM India Private Limited, Crowdstrike India Private Limited are among the major market players in India that lead the market growth of the India cyber security market. 

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Attribute

Details

Market Size Value in FY2021

USD2200.23 Million

Revenue Forecast in FY2027

USD3543.37 Million

Growth Rate

8.05%

Base Year

FY2021

Historical Years

FY2017 – FY2020

Estimated Year

FY2022

Forecast Period

FY2023 – FY2027

Quantitative Units

Revenue in (USD million), and CAGR for FY2017-FY2021 and FY2022-FY2027

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Security Type

·         Solution Type

·         Deployment Mode

·         End-User Industry

Regional Scope

South, North, West, East

Key Companies Profiled

Mcafee Software (India) Private Limited, Palo Alto Networks (India) Private Limited, Quick Heal Technologies Limited, Sonicwall Technology Systems India Private Limited, Fortinet Technologies India Private Limited, FireEye Technologies India Private Limited, Cisco Systems (India) Private Limited, Secureworks India Private Limited, F-Secure Pvt Ltd, Kaspersky Lab India Private Limited, ESET, spol. s r.o., NortonLifeLock India Private Limited, Juniper Networks India Private Limited, IBM India Private Limited, Crowdstrike India Private Limited

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, India Cyber security Market has been segmented into the following categories in addition to the industry trends which have also been listed below:

  • India Cyber security Market, By Security Type:
    • Network Security
    • Application Security
    • Cloud Security
    • Endpoint Security
    • Content Security
    • Others
  • India Cyber security Market, By Solution Type:
    • Firewall
    • Antivirus & Anti-Malware 
    • Data Loss Prevention
    • Risk & Compliance Management
    • Identity & Access Management
    • Intrusion Detection/Prevention System
    • Email Filtering
    • Secure Web Gateways
    • Encryption & Decryption
    • Others
  • India Cyber security Market, By Deployment mode:
    • On-premises
    • Cloud
  • India Cyber security Market, By End-User Industry:
    • BFSI
    • IT & Telecom
    • Defence
    • Healthcare
    • Energy & Power
    • Retail & E-Commerce
    • Others

·         India Cyber security Market, By Region:

    • South
    • North
    • West
    • East

·         India Cyber security Market, By Top 12 States

o    Maharashtra

o    Karnataka

o    Telengana

o    Delhi

o    UP

o    Haryana

o    Tamil Nadu

o    Gujarat

o    West Bengal

o    Chhattisgarh

o    Rajasthan

o    Assam

Competitive Landscape

 

Company Profiles: Detailed analysis of the major companies present in India Cyber security Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Service Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on India Cyber Security Market

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Types of Security Threats Experienced

5.3.  Impact of Cyber Security Threat

5.4.  Customer Satisfaction

5.5.  Key Vendor Selection Parameters

6.    India Cyber Security Market Outlook

6.1.  Market Size & Forecast

6.1.1.       By Value

6.2.  Market Share & Forecast

6.2.1.       By Security Type (Network Security, Endpoint Security, Cloud Security, Application Security, Content Security and Others)

6.2.2.       By Solution Type (Firewall, Antivirus & Antimalware, Risk & Compliance Management, Identity & Access Management, Data Loss Prevention, Intrusion Detection/Prevention System, Encryption & Decryption, Secure Web Gateways, Email Filtering, Others)

6.2.3.       By Deployment Mode (Cloud & On-Premise)

6.2.4.       By End-User Industry (BFSI, IT & Telecom, Defense, Energy & Power, Retail, Healthcare & Others)

6.2.5.       By Region

6.2.6.       By Top 12 States

6.2.7.       By Company (2021)

6.3.  Market Map (Security Type, Solution Type, Deployment Mode, End-User Industry, Region)

7.    India Network Security Market Outlook

7.1.  Market Size & Forecast

7.1.1.                By Value

7.2.  Market Share & Forecast

7.2.1.                By Solution Type

7.2.2.                By Deployment Mode

7.2.3.                By End-User Industry

8.    India Endpoint Security Market Outlook

8.1.  Market Size & Forecast

8.1.1.                By Value

8.2.  Market Share & Forecast

8.2.1.                By Solution Type

8.2.2.                By Deployment Mode

8.2.3.                By End-User Industry

9.    India Application Security Market Outlook

9.1.  Market Size & Forecast

9.1.1.                By Value

9.2.  Market Share & Forecast

9.2.1.                By Solution Type

9.2.2.                By Deployment Mode

9.2.3.                By End-User Industry

10.  India Cloud Security Market Outlook

10.1.       Market Size & Forecast

10.1.1.                  By Value

10.2.       Market Share & Forecast

10.2.1.                  By Solution Type

10.2.2.                  By Deployment Mode

10.2.3.                  By End-User Industry

11.  India Content Security Market Outlook

11.1.       Market Size & Forecast

11.1.1.                  By Value

11.2.       Market Share & Forecast

11.2.1.                  By Solution Type

11.2.2.                  By Deployment Mode

11.2.3.                  By End-User Industry

12.  Market Dynamics

12.1.       Drivers

12.2.       Challenges

13.  Market Trends and Developments

14.  Policy & Regulatory Landscape

15.  India Economic Profile

16.  Company Profiles

16.1.      Mcafee Software (India) Private Limited

16.2.      Palo Alto Networks (India) Private Limited

16.3.      Quick Heal Technologies Limited

16.4.      Sonicwall Technology Systems India Private Limited

16.5.      Fortinet Technologies India Private Limited

16.6.      FireEye Technologies India Private Limited

16.7.      Cisco Systems (India) Private Limited

16.8.      Secureworks India Private Limited

16.9.      F-Secure Pvt Ltd

16.10.   Kaspersky Lab India Private Limited

16.11.   ESET, spol. s r.o.

16.12.   NortonLifeLock India Private Limited

16.13.   Juniper Networks India Private Limited

16.14.   IBM India Private Limited

16.15.   Crowdstrike India Private Limited

17.  Strategic Recommendations

18.  List of Cities with Maximum Cyber Attack Incidents, By Region

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • Figure 1: India Cyber Security Market Size, By Value (USD Million), 2017-2027F

    Figure 2: Various Types Of Incidents Handled by Indian Computer Emergency Response Team, 2019/20-2020/21

    Figure 3: India Cyber Security Market Share, By Security Type, By Value, 2017-2027F

    Figure 4: India Cyber Security Market Share, By Solution Type, By Value, 2017-2027F

    Figure 5: India Cyber Security Market Share, By Deployment Mode, By Value, 2017-2027F

    Figure 6: India Cyber Security Market Share, By End-User Industry, By Value, 2017-2027F

    Figure 7: India Cyber Security Market Share, By Region, By Value, 2017-2027F

    Figure 8: India Cyber Security Market Share, By Top 12 States, By Value, 2017-2027F

    Figure 9: India Cyber Security Market Share, By Company, By Value, 2021

    Figure 10: India Cyber Security Market Map, By Security Type, Market Size (USD Million) & Growth Rate (%)

    Figure 11: India Cyber Security Market Map, By Solution Type, Market Size (USD Million) & Growth Rate (%)

    Figure 12: India Cyber Security Market Map, By Deployment Mode, Market Size (USD Million) & Growth Rate (%)

    Figure 13: India Cyber Security Market Map, By End-User Industry, Market Size (USD Million) & Growth Rate (%)

    Figure 14: India Cyber Security Market Map, By Region, Market Size (USD Million) & Growth Rate (%)

    Figure 15: India Network Security Market Size, By Value (USD Million), 2017-2027F

    Figure 16: India Network Security Market Share, By Solution Type, By Value, 2017-2027F

    Figure 17: India Network Security Market Share, By Deployment Mode, By Value, 2017-2027F

    Figure 18: India Network Security Market Share, By End-User Industry, By Value, 2017-2027F

    Figure 19: India Endpoint Security Market Size, By Value (USD Million), 2017-2027F

    Figure 20: India Endpoint Security Market Share, By Solution Type, By Value, 2017-2027F

    Figure 21: India Endpoint Security Market Share, By Deployment Mode, By Value, 2017-2027F

    Figure 22: India Endpoint Security Market Share, By End-User Industry, By Value, 2017-2027F

    Figure 23: India Application Security Market Size, By Value (USD Million), 2017-2027F

    Figure 24: India Application Security Market Share, By Solution Type, By Value, 2017-2027F

    Figure 25: India Application Security Market Share, By Deployment Mode, By Value, 2017-2027F

    Figure 26: India Application Security Market Share, By End-User Industry, By Value, 2017-2027F

    Figure 27: India Cloud Security Market Size, By Value (USD Million), 2017-2027F

    Figure 28: India Cloud Security Market Share, By Solution Type, By Value, 2017-2027F

    Figure 29: India Cloud Security Market Share, By Deployment Mode, By Value, 2017-2027F

    Figure 30: India Cloud Security Market Share, By End-User Industry, By Value, 2017-2027F

    Figure 31: India Content Security Market Size, By Value (USD Million), 2017-2027F

    Figure 32: India Content Security Market Share, By Solution Type, By Value, 2017-2027F

    Figure 33: India Content Security Market Share, By Deployment Mode, By Value, 2017-2027F

    Figure 34: India Content Security Market Share, By End-User Industry, By Value, 2017-2027F