SUMMARY: According to “ India Cybersecurity Market By Security Type, By Solution, By End User Sector, Competition Forecast & Opportunities, 2013 – 2023 ”, cybersecurity market is forecast to grow at a CAGR of over 19% during 2018-2023. Growth in the market is expected to be driven by rising number of government initiatives towards digitizing government sector entities and processes, healthcare, BFSI, education and other vital sectors of the country. Rapid adoption of Social, Mobile, Analytics, Cloud & IoT (SMACT) technologies, in addition to emerging networking trends such as Software Defined Networking and Network Function Virtualization are resulting in growing complexities pertaining to data security, network infrastructure, and security regulation & compliance, thereby boosting demand for cybersecurity solutions and services across the country. Some of the major players operating in India cybersecurity market are Cisco Systems (India) Private Limited, Symantec S...
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