Network Security Market in India CY 2014
The Indian network security market achieved a steady year-on-year (YoY) growth of %, with a revenue of INR crores in 2014.
The market is expected to grow at a compound annual growth rate (CAGR) of % and reach a market size of INR crore by 2021.
Convergence of network technologies is likely to drive the demand for advanced security intelligence.
Increasing number of mobile devices in the consumer segment will drive demand for mobile security solutions.
Mobile security management is being adopted at a fast pace within the traditional endpoint security vendors.
About this report
In the last few years, there have been organised security breaches in the Indian subcontinent that have caused data losses worth millions of dollars. Organisations in the region have started to realise that these sophisticated attacks not only affect their business continuity and agility but also tarnish their brand image. Consequently, companies across verticals are investing significantly in network security solutions to guard against the future attacks.
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