Market Forecast By Component (Solutions, Services), By Application (Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management), By Deployment (Cloud, On-premises), By Enterprise Size (Large Enterprises, SMEs), By Security Type (Physical security, Cybersecurity, Network security, Cloud security, Application security, Endpoint security), By Vertical (Aerospace and defense, Government, BFSI, IT and telecom, Healthcare, Retail, Manufacturing, Energy and utilities) And Competitive Landscape
Product Code: ETC4390465 | Publication Date: Jul 2023 | Updated Date: Mar 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 2 | |
Report Name | India Cognitive Security Market |
Forecast period | 2024-2030 |
CAGR | 9.2% |
Growing Sector | BFSI |
The India Cognitive Security Market Report thoroughly covers the market by component, application, deployment, enterprise size, security type, and vertical. The India Cognitive Security Market Outlook report provides an unbiased and detailed analysis of the ongoing India Cognitive Security Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India cognitive security market is estimated to grow at a tremendous growth rate during the forecast period of 2024 to 2030. Cognitive security refers to the use of artificial intelligence, machine learning and other advanced technologies to enhance cybersecurity capabilities. With the increasing number of cyber threats and attacks, businesses and governments are turning towards cognitive security solutions to protect their sensitive data and critical information.
According to 6Wresearch, India Cognitive Security Market size is projected to rise at a CAGR of 9.2% during 2024-2030. The major driver for the growth of the India cognitive security market is the rise in cyber attacks on various sectors such as banking, healthcare, government, and retail. Moreover, the increasing adoption of cloud-based services and the growing use of IoT devices have also fueled the demand for cognitive security solutions in India. With more data being generated and shared through various platforms, there is a need for robust security measures to protect this data from cyber criminals.
However, despite the growth opportunities, the India cognitive security market faces challenges such as high implementation costs and lack of awareness about cognitive security solutions among small and medium enterprises (SMEs). In addition, the shortage of skilled professionals in this field is also hindering the India Cognitive Security Market growth.
Several key players in the Indian market are offering cognitive security solutions, catering to the growing demand for advanced cybersecurity technologies. Some of these players include IBM, Cisco, Dell EMC, Microsoft, and Palo Alto Networks. These companies are continuously investing in research and development to enhance their cognitive security offerings and stay ahead of the competition.
The Indian government has launched various initiatives to enhance the country's cybersecurity posture. In 2015, the Indian Computer Emergency Response Team (CERT-In) was designated as the National Agency for Cyber Security under the Ministry of Electronics and Information Technology (MeitY). CERT-In is responsible for coordinating incident response, vulnerability management, and security implications of emerging technologies. Furthermore, in 2016, the Indian government launched the Cyber Swachhta Kendra (Botnet Cleaning and Malware Analysis Center) to detect and remove malware from infected systems across the country.
The India cognitive security market is rapidly growing, driven by the increasing number of cyber attacks and the adoption of advanced technologies. With the government's support and initiatives, we can expect to see significant advancements in this field and a more secure digital landscape in the country. Organizations must prioritize investing in cognitive security solutions to protect their data and systems from potential cyber threats and stay ahead of the evolving cybersecurity landscape. T
According to Sumit, Senior Research Analyst, 6Wresearch, the services segment is currently experiencing significant growth in India. These services include consulting, integration, training, and support for implementing AI-based security solutions within an organization.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Cognitive Security Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cognitive Security Market Revenues & Volume, 2020 & 2030F |
3.3 India Cognitive Security Market - Industry Life Cycle |
3.4 India Cognitive Security Market - Porter's Five Forces |
3.5 India Cognitive Security Market Revenues & Volume Share, By Component, 2020 & 2030F |
3.6 India Cognitive Security Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 India Cognitive Security Market Revenues & Volume Share, By Deployment, 2020 & 2030F |
3.8 India Cognitive Security Market Revenues & Volume Share, By Enterprise Size, 2020 & 2030F |
3.9 India Cognitive Security Market Revenues & Volume Share, By Security Type, 2020 & 2030F |
3.10 India Cognitive Security Market Revenues & Volume Share, By Vertical, 2020 & 2030F |
4 India Cognitive Security Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cognitive Security Market Trends |
6 India Cognitive Security Market, By Types |
6.1 India Cognitive Security Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Cognitive Security Market Revenues & Volume, By Component, 2020 - 2030F |
6.1.3 India Cognitive Security Market Revenues & Volume, By Solutions, 2020 - 2030F |
6.1.4 India Cognitive Security Market Revenues & Volume, By Services, 2020 - 2030F |
6.2 India Cognitive Security Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Cognitive Security Market Revenues & Volume, By Threat Intelligence, 2020 - 2030F |
6.2.3 India Cognitive Security Market Revenues & Volume, By Anomaly Detection & Risk Mitigation, 2020 - 2030F |
6.2.4 India Cognitive Security Market Revenues & Volume, By Automated Compliance Management, 2020 - 2030F |
6.3 India Cognitive Security Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 India Cognitive Security Market Revenues & Volume, By Cloud, 2020 - 2030F |
6.3.3 India Cognitive Security Market Revenues & Volume, By On-premises, 2020 - 2030F |
6.4 India Cognitive Security Market, By Enterprise Size |
6.4.1 Overview and Analysis |
6.4.2 India Cognitive Security Market Revenues & Volume, By Large Enterprises, 2020 - 2030F |
6.4.3 India Cognitive Security Market Revenues & Volume, By SMEs, 2020 - 2030F |
6.5 India Cognitive Security Market, By Security Type |
6.5.1 Overview and Analysis |
6.5.2 India Cognitive Security Market Revenues & Volume, By Physical security, 2020 - 2030F |
6.5.3 India Cognitive Security Market Revenues & Volume, By Cybersecurity, 2020 - 2030F |
6.5.4 India Cognitive Security Market Revenues & Volume, By Network security, 2020 - 2030F |
6.5.5 India Cognitive Security Market Revenues & Volume, By Cloud security, 2020 - 2030F |
6.5.6 India Cognitive Security Market Revenues & Volume, By Application security, 2020 - 2030F |
6.5.7 India Cognitive Security Market Revenues & Volume, By Endpoint security, 2020 - 2030F |
6.6 India Cognitive Security Market, By Vertical |
6.6.1 Overview and Analysis |
6.6.2 India Cognitive Security Market Revenues & Volume, By Aerospace and defense , 2020 - 2030F |
6.6.3 India Cognitive Security Market Revenues & Volume, By Government , 2020 - 2030F |
6.6.4 India Cognitive Security Market Revenues & Volume, By BFSI, 2020 - 2030F |
6.6.5 India Cognitive Security Market Revenues & Volume, By IT and telecom, 2020 - 2030F |
6.6.6 India Cognitive Security Market Revenues & Volume, By Healthcare, 2020 - 2030F |
6.6.7 India Cognitive Security Market Revenues & Volume, By Retail, 2020 - 2030F |
6.6.8 India Cognitive Security Market Revenues & Volume, By Energy and utilities, 2020 - 2030F |
6.6.9 India Cognitive Security Market Revenues & Volume, By Energy and utilities, 2020 - 2030F |
7 India Cognitive Security Market Import-Export Trade Statistics |
7.1 India Cognitive Security Market Export to Major Countries |
7.2 India Cognitive Security Market Imports from Major Countries |
8 India Cognitive Security Market Key Performance Indicators |
9 India Cognitive Security Market - Opportunity Assessment |
9.1 India Cognitive Security Market Opportunity Assessment, By Component, 2020 & 2030F |
9.2 India Cognitive Security Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 India Cognitive Security Market Opportunity Assessment, By Deployment, 2020 & 2030F |
9.4 India Cognitive Security Market Opportunity Assessment, By Enterprise Size, 2020 & 2030F |
9.5 India Cognitive Security Market Opportunity Assessment, By Security Type, 2020 & 2030F |
9.6 India Cognitive Security Market Opportunity Assessment, By Vertical, 2020 & 2030F |
10 India Cognitive Security Market - Competitive Landscape |
10.1 India Cognitive Security Market Revenue Share, By Companies, 2023 |
10.2 India Cognitive Security Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |