Market Forecast By Component (Software, Hardware, Services), By Software (IAM, Antivirus/Antimalware, Log Management and SIEM, Encryption and Tokenization, Compliance and Policy Management, Patch Management, Other Software), By Security Type (Network Security, Cloud Security, Application Security, Endpoint and IoT Security), By Deployment Mode (Cloud, On-premises), By Organization Size (Large Enterprises, SMEs), By Vertical (Aerospace and Defense, BFSI, IT and ITeS, Telecommunication, Energy and Utilities, Retail and eCommerce, Healthcare, Transportation and Logistics) And Competitive Landscape
| Product Code: ETC4385425 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
According to 6Wresearch internal database and industry insights, the India Cyber Security Market is projected to grow at a compound annual growth rate (CAGR) of 14.2% during the forecast period (2025-2031).
| Report Name | India Cyber Security Market | 
| Forecast Period | 2025-2031 | 
| CAGR | 14.2% | 
| Growing Sector | Information Technology (IT) and Digital Infrastructure | 
The India Cyber Security Market Report thoroughly covers the market by component, software, security type, deployment mode, organization size, and vertical. The India Cyber Security Market Outlook report provides an unbiased and detailed analysis of the ongoing India Cyber 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 Cyber Security Market is projected to experience steady growth, driven by the surge in cyber threats, the fast-paced adoption of digital technologies, and the rising necessity to safeguard critical infrastructure from malicious cyberattacks. With government initiatives aimed at strengthening cyber defense capabilities and the increase in cybercrimes, there is a rising demand for advanced security measures. As more businesses and individuals undergo digital transformation, the requirement for reliable and effective security systems will keep growing. Moreover, the growing use of cloud, IoT, and mobile solutions will further drive the market for sophisticated cybersecurity solutions in India.
Below mentioned are some prominent drivers and their influence to the market dynamics:
| Driver | Primary Segments Affected | Why it matters (evidence) | 
| Growing Cyber Threats | All segments | The growing prevalence of cybercrime and data breaches in industries like BFSI, retail, and healthcare underscores the critical requirement for robust cybersecurity. | 
| Digital Transformation & Adoption | All segments | As businesses and government agencies digitize their operations, the demand for advanced security measures rises to safeguard their networks. | 
| Government Cybersecurity Initiatives | All segments | The National Cyber Security Policy 2020 and other government initiatives focus on improving India digital security infrastructure and fostering local cybersecurity innovation. | 
| Growing Adoption of Cloud Computing | Cloud Security, Application Security, Endpoint Security | As cloud adoption grows, the need for comprehensive data protection, application security, and endpoint security solutions rises. | 
| Increasing Mobile and IoT Devices | Endpoint and IoT Security | The growing number of mobile and IoT devices opens up new vectors for cyberattacks, prompting businesses to adopt endpoint protection. | 
The India Cyber Security Market is anticipated to witness significant expansion, registering a CAGR of 14.2% during the forecast period of 2025-2031. Cyber threats, government initiatives, and the ongoing digital transformation across sectors are increasing the demand for cybersecurity solutions. The India Cyber Security Market Growth is being further propelled by the rising adoption of smart devices, cloud services, and IoT systems, all of which require sophisticated security solutions. Subsequently, rising awareness among businesses and consumers about safeguarding sensitive data and ensuring digital security is driving the need for steady cybersecurity frameworks, contributing to market growth.
Below mentioned are some major restraints and their influence to the market dynamics:
| Restraint | Primary Segments Affected | What this means (evidence) | 
| Lack of Skilled Workforce | All segments | The demand for skilled cybersecurity professionals is high, but the shortage of trained professionals limits the ability to implement effective security measures. | 
| High Cost of Advanced Security Solutions | SMEs, Startups | The expense of adopting advanced security measures is often too high for small and medium-sized enterprises (SMEs), restricting their capacity to fully defend against cyber risks. | 
| Fragmented Regulatory Framework | All segments | Inconsistent and fragmented cyber regulations across various states and industries create uncertainty and slow down the adoption of uniform security standards. | 
| Integration Challenges | Large Enterprises | In big organizations, the complexity of merging new security solutions with legacy systems acts as a barrier, delaying the adoption of cutting-edge cybersecurity technologies. | 
| Evolving Nature of Cyber Threats | All segments | The constantly evolving tactics of cybercriminals create obstacles for cybersecurity vendors to stay ahead of emerging threats. | 
There are several challenges expected to hinder the development of the India Cyber Security Industry. Rising regulatory pressures around compliance and cybersecurity laws compel businesses to invest in more comprehensive security systems. With the consistent evolution of cyber threats, security solutions must be regularly updated, requiring significant investments in R&D. The fragmented regulatory landscape and the shortage of skilled professionals. It further prevents the widespread adoption of robust cybersecurity measures in India.
Several emerging trends are shaping the India Cyber Security Market landscape:
There are several potential investment opportunities in the industry which continue to open new avenues:
Some leading players operating in the India Cyber Security Market Share include:
| Company Name | Tata Consultancy Services (TCS) | 
| Established Year | 1968 | 
| Headquarters | Mumbai, India | 
| Official Website | Click Here | 
TCS is a leader in the cybersecurity services domain, offering comprehensive solutions for risk management, identity management, and compliance. Their cybersecurity services leverage AI, machine learning, and other cutting-edge technologies to provide robust protection against cyber threats.
| Company Name | Wipro Limited | 
| Established Year | 1945 | 
| Headquarters | Bangalore, India | 
| Official Website | Click Here | 
Wipro provides a wide range of cybersecurity services, including threat intelligence, network security, and governance. The company leverages advanced technologies such as AI and automation to provide efficient and scalable security solutions.
| Company Name | Infosys Limited | 
| Established Year | 1981 | 
| Headquarters | Bangalore, India | 
| Official Website | Click Here | 
Infosys offers end-to-end cybersecurity solutions, focusing on network security, identity management, and cloud security. The company integrates security into the business process, offering customers robust solutions that help secure their digital assets.
| Company Name | Tech Mahindra | 
| Established Year | 1986 | 
| Headquarters | Pune, India | 
| Official Website | Click Here | 
Tech Mahindra’s cybersecurity services encompass threat management, data protection, and compliance management. They focus on providing comprehensive cybersecurity solutions to enterprises, helping them mitigate risk and safeguard their infrastructure.
| Company Name | Quick Heal Technologies | 
| Established Year | 1995 | 
| Headquarters | Pune, India | 
| Official Website | Click Here | 
Quick Heal is a prominent provider of antivirus and endpoint protection solutions. The company offers advanced malware protection, encryption, and secure browsing to individuals and businesses, helping protect against a wide range of cyber threats.
According to Indian Government data, the Indian government has implemented various initiatives to boost the nation cybersecurity framework. For example, the National Cyber Security Policy 2020 aims to develop a secure cyber ecosystem by focusing on the creation of indigenous technologies. Furthermore, the Digital India initiative and the Smart Cities Mission encourage the adoption of advanced technologies, all while ensuring steady data protection and cybersecurity to create a safer digital environment for citizens and businesses alike.
The India Cyber Security Market is anticipated to undergo significant transformation, with a growing emphasis on automation, artificial intelligence (AI), and machine learning. As digital infrastructure, mobile devices, and IoT technologies become more prevalent, the demand for advanced cyber defense systems is expected to rise substantially. However, the rising focus on compliance with international data privacy regulations will further drive the need for steady and effective cybersecurity solutions to safeguard sensitive information and ensure secure digital operations.
According to Ritika Kalra, Senior Research Analyst, 6Wresearch, Software is expected to dominate the India Cyber Security Market due to the increasing demand for software solutions such as antivirus software, encryption tools, and identity management systems. The rise in digital threats and the growing adoption of cloud-based services will further fuel the demand for these software solutions.
Identity and Access Management (IAM) is projected to be the dominating category within the software segment. As businesses increasingly prioritize secure user authentication and access control, IAM solutions are gaining significant traction.
Network security is expected to be the dominant security type, given its critical importance in safeguarding enterprise networks from attacks such as DDoS and unauthorized access. With the rise in remote working and increased reliance on digital platforms, demand for network security solutions will continue to grow.
Cloud deployment is expected to dominate the market as businesses move their infrastructure to the cloud to reduce costs, increase flexibility, and scale operations. Cloud security solutions are essential to ensure data protection, compliance, and business continuity.
Large enterprises will remain the dominant segment due to the increasing need for comprehensive, enterprise-wide cybersecurity solutions to protect their vast networks, data, and intellectual property.
The BFSI sector is expected to dominate the market due to the sensitive nature of financial data and the high frequency of cyberattacks targeting this sector. Financial institutions are heavily investing in cybersecurity measures to ensure compliance with regulations and protect their customer data.
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 Cyber Security Market Overview | 
| 3.1 India Country Macro Economic Indicators | 
| 3.2 India Cyber Security Market Revenues & Volume, 2021 & 2031F | 
| 3.3 India Cyber Security Market - Industry Life Cycle | 
| 3.4 India Cyber Security Market - Porter's Five Forces | 
| 3.5 India Cyber Security Market Revenues & Volume Share, By Component, 2021 & 2031F | 
| 3.6 India Cyber Security Market Revenues & Volume Share, By Software, 2021 & 2031F | 
| 3.7 India Cyber Security Market Revenues & Volume Share, By Security Type, 2021 & 2031F | 
| 3.8 India Cyber Security Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F | 
| 3.9 India Cyber Security Market Revenues & Volume Share, By Organization Size, 2021 & 2031F | 
| 3.10 India Cyber Security Market Revenues & Volume Share, By Vertical, 2021 & 2031F | 
| 4 India Cyber Security Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing frequency and sophistication of cyber attacks in India | 
| 4.2.2 Government initiatives and regulations promoting cybersecurity measures | 
| 4.2.3 Growing adoption of digital technologies and cloud services in India | 
| 4.3 Market Restraints | 
| 4.3.1 Lack of cybersecurity awareness and skilled professionals in the country | 
| 4.3.2 High initial investment and ongoing costs associated with cybersecurity solutions | 
| 4.3.3 Fragmented regulatory environment and compliance challenges | 
| 5 India Cyber Security Market Trends | 
| 6 India Cyber Security Market, By Types | 
| 6.1 India Cyber Security Market, By Component | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 India Cyber Security Market Revenues & Volume, By Component, 2021 - 2031F | 
| 6.1.3 India Cyber Security Market Revenues & Volume, By Software, 2021 - 2031F | 
| 6.1.4 India Cyber Security Market Revenues & Volume, By Hardware, 2021 - 2031F | 
| 6.1.5 India Cyber Security Market Revenues & Volume, By Services, 2021 - 2031F | 
| 6.2 India Cyber Security Market, By Software | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 India Cyber Security Market Revenues & Volume, By IAM, 2021 - 2031F | 
| 6.2.3 India Cyber Security Market Revenues & Volume, By Antivirus/Antimalware, 2021 - 2031F | 
| 6.2.4 India Cyber Security Market Revenues & Volume, By Log Management and SIEM, 2021 - 2031F | 
| 6.2.5 India Cyber Security Market Revenues & Volume, By Encryption and Tokenization, 2021 - 2031F | 
| 6.2.6 India Cyber Security Market Revenues & Volume, By Compliance and Policy Management, 2021 - 2031F | 
| 6.2.7 India Cyber Security Market Revenues & Volume, By Patch Management, 2021 - 2031F | 
| 6.3 India Cyber Security Market, By Security Type | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 India Cyber Security Market Revenues & Volume, By Network Security, 2021 - 2031F | 
| 6.3.3 India Cyber Security Market Revenues & Volume, By Cloud Security, 2021 - 2031F | 
| 6.3.4 India Cyber Security Market Revenues & Volume, By Application Security, 2021 - 2031F | 
| 6.3.5 India Cyber Security Market Revenues & Volume, By Endpoint and IoT Security, 2021 - 2031F | 
| 6.4 India Cyber Security Market, By Deployment Mode | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 India Cyber Security Market Revenues & Volume, By Cloud, 2021 - 2031F | 
| 6.4.3 India Cyber Security Market Revenues & Volume, By On-premises, 2021 - 2031F | 
| 6.5 India Cyber Security Market, By Organization Size | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 India Cyber Security Market Revenues & Volume, By Large Enterprises, 2021 - 2031F | 
| 6.5.3 India Cyber Security Market Revenues & Volume, By SMEs, 2021 - 2031F | 
| 6.6 India Cyber Security Market, By Vertical | 
| 6.6.1 Overview and Analysis | 
| 6.6.2 India Cyber Security Market Revenues & Volume, By Aerospace and Defense, 2021 - 2031F | 
| 6.6.3 India Cyber Security Market Revenues & Volume, By BFSI, 2021 - 2031F | 
| 6.6.4 India Cyber Security Market Revenues & Volume, By IT and ITeS, 2021 - 2031F | 
| 6.6.5 India Cyber Security Market Revenues & Volume, By Telecommunication, 2021 - 2031F | 
| 6.6.6 India Cyber Security Market Revenues & Volume, By Energy and Utilities, 2021 - 2031F | 
| 6.6.7 India Cyber Security Market Revenues & Volume, By Retail and eCommerce, 2021 - 2031F | 
| 6.6.8 India Cyber Security Market Revenues & Volume, By Transportation and Logistics, 2021 - 2031F | 
| 6.6.9 India Cyber Security Market Revenues & Volume, By Transportation and Logistics, 2021 - 2031F | 
| 7 India Cyber Security Market Import-Export Trade Statistics | 
| 7.1 India Cyber Security Market Export to Major Countries | 
| 7.2 India Cyber Security Market Imports from Major Countries | 
| 8 India Cyber Security Market Key Performance Indicators | 
| 8.1 Number of reported cyber attacks and security incidents in India | 
| 8.2 Percentage of organizations investing in cybersecurity training and education programs | 
| 8.3 Adoption rate of advanced cybersecurity technologies and solutions in the Indian market | 
| 9 India Cyber Security Market - Opportunity Assessment | 
| 9.1 India Cyber Security Market Opportunity Assessment, By Component, 2021 & 2031F | 
| 9.2 India Cyber Security Market Opportunity Assessment, By Software, 2021 & 2031F | 
| 9.3 India Cyber Security Market Opportunity Assessment, By Security Type, 2021 & 2031F | 
| 9.4 India Cyber Security Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F | 
| 9.5 India Cyber Security Market Opportunity Assessment, By Organization Size, 2021 & 2031F | 
| 9.6 India Cyber Security Market Opportunity Assessment, By Vertical, 2021 & 2031F | 
| 10 India Cyber Security Market - Competitive Landscape | 
| 10.1 India Cyber Security Market Revenue Share, By Companies, 2024 | 
| 10.2 India Cyber Security Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |