This IDC Forecast details the 2023–2028 market size and growth rate of India's security spending "The pressing need for India organizations to address the complex threat landscape and mitigate risk is expected to drive double-digit growth in India security spending over the next five years," says Neha Gupta, senior research manager, IDC India. "As businesses in India embrace digital transformation and face evolving cyber-risks, AI-driven solutions will take center stage, and the integration of AI-powered technologies will become a critical focus to strengthen threat detection, automate incident response, and counter sophisticated cyberattacks," Gupta adds.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Bridging Security Gaps Across Hybrid Infrastructure — Safeguarding Hybrid Environments
Anticipating Threats Before They Emerge — Proactive Security Services
Building Trust in Real Time — Real-Time Support and Strong Relationships
Protection Across All Fronts — Broad Range of Security Services
Revolutionizing Security Operations — Harnessing the Power of GenAI
Tailored Security — Industry-Specific Security Solutions
Collaborative Success — Fostering Strong Partnerships
Market Forecast
Hardware Security Market Forecast
Services Security Market Forecast
Software Security Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Regulatory and Compliance Landscape
Growth of Global Capability Centers
AI and Emerging Technologies
Inhibitors
Cybersecurity Talent Shortage
Geopolitical Instability
Significant Market Developments
Collaborations and Partnerships
Rise of MSS
Adoption of AI and ML in Security
Expansion of India's Cybersecurity Start-Up Ecosystem
Strengthening of India's National Cybersecurity Policy
Rapid Adoption of Zero-Trust Architectures
Rise of India's Cyberdiplomacy Efforts
Changes from Prior Forecast
Market Definition
Methodology
Related Research
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