India security system integrators market is projected to grow from $ 453 million in 2018 to $ 1.17 billion by 2024, exhibiting a robust CAGR of 18% during 2019-2024. Anticipated growth in the market can be attributed to rising cases of cybercrimes and surging adoption of cloud computing services such as Cloud-as-a-Infrastructure, Software-as-a-Services, etc. Moreover, a rising number of small & medium-sized enterprises along with the emergence of artificial intelligence in cyber security are some of the other factors driving growth in the India security system integrators market. Cybersecurity providers have a huge opportunity in India as a large number of global (Wipro, HCL & TCS) and domestic (Velocis Systems, Locuz Enterprise Solutions, etc.) security system integrators are operating in the country, which in turn, are offering them an opportunity to expand their presence in the Indian cyber security market during next five years.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
The objective of the Study:
• To define, segment, describe and forecast the India security system integrators market on the basis of security type, organization size, industry verticals, region, and company.
• To analyze and forecast India security system integrators market size.
• To scrutinize the detailed market segmentation and forecast the market size, by segmenting India security system integrators market in industry verticals, namely, BFSI, IT & Telecom, Government, Aerospace & Defense, Manufacturing, Retail, Energy & Utilities, Healthcare, and Others.
• To identify drivers and challenges for India security system integrators market.
• To analyze and forecast the market size for India security system integrators market with respect to security type, organization size, industry verticals, region, and company.
• To strategically profile leading players in the market which are driving innovation and technological advancements in India security system integrators market.
Report Scope:
In this report, the India security system integrators market has been segmented into the following categories in addition to the industry trends which have also been detailed below:
• The market, by Security Type:
o Network Security
o Data Security
o Endpoint Security
o Application Security
o Business Continuity & Disaster Recovery
o Risk & Compliance Management
o Others
• Market, by Organization Size:
o Large Enterprises
o Small & Medium-Sized Enterprises
• The market, by Industry Verticals:
o BFSI
o IT & Telecom
o Government
o Aerospace & Defense
o Manufacturing
o Retail
o Energy & Utilities
o Healthcare
o Others
• The market, by Region:
o South
o West
o North
o East
• The market, by Company:
o Wipro Limited
o HCL Technologies Ltd
o Tata Consultancy Services Limited
o Tech Mahindra Limited
o Others
• Domestic Security System Integrators Potential Partners for Cyber Security Providers:
o Velocis Systems Pvt. Ltd.
o Locuz Enterprise Solutions Ltd.
o ACPL Systems Pvt. Ltd.
o Frontier Business Systems (P) Ltd
o Others
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