DUBLIN–(BUSINESS WIRE)–The “India Cyber Security Market, By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Content Security, Others), By Solutions Type, By Deployment Mode, By End Use Industry, By Company, By Region, Forecast & Opportunities, FY2027” report has been added to ResearchAndMarkets.com’s offering.
India cyber security market is expected to grow at an impressive rate during the forecast period.
The India cyber security market is driven by the increasing incidences of cyber attacks and data breaches. This has increased the need to deploy strong authentication systems and cyber security solutions across enterprises thereby fostering the market growth over the next few years.
Additionally, ongoing technological advancements and new cyber security solutions launched by the major vendors operating in the market are expected to create lucrative opportunities for the market growth through FY2027.
Furthermore, increasing expenditure by the government on security solutions in order to prevent important intelligence data breaches is expected to foster the market growth over the next few years. However, high cost of cyber security solutions can hamper the market growth during the forecast period. Besides, the use of pirated and open source security solutions is further expected to restrict the market growth.
Based on solution type, the market can be fragmented into identity & access management, risk & compliance management, encryption & decryption, data loss prevention, unified threat management, firewall, antivirus & malware, intrusion detection/prevention system, infrastructure security and others.
The encryption & decryption segment is expected to dominate the market since they provide highest level of data security and dependability. Additionally, benefits such as ease of use, flexibility, affordability, scalability, among others further drive the segmental growth. Based on deployment mode, the market can be bifurcated into on-premise and cloud.
The on-premise segment is expected to register significant growth in the market owing to the widespread adoption across different enterprises. Additionally, these are affordable and do not require purchase, installation or maintenance.
Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study:
Key Target Audience:
The major players operating in the cyber security market are
Report Scope:
Years considered for this report:
India Cyber Security Market, By Security Type
India Cyber Security Market, By Solution Type
India Cyber Security Market, By Deployment Mode
India Cyber Security Market, By End User Industry
India Cyber Security Market, By Region
For more information about this report visit https://www.researchandmarkets.com/r/k2rjaq
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