India Security Spending Forecast, 2025-2028

Description

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.

Product Code: AP52209225

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