Every country aims at economic growth and development. The Indian IT sector has significantly contributed to this goal over the past several years and is still booming.
• Evidence suggests that the Indian cyber security market will grow substantially and will witness a compound annual growth rate (CAGR) of 15.6%.
• The annual growth rate is 1.5 times the global estimate.
• Since, India, and Asia overall have been subject to a myriad of successful cyber-attacks, this market is bound to grow and flourish.
• Due to the pandemic, (with the rise in digitization) the cybercriminals have used it as an opportunity for conducting successful attacks, and hence, organizations have increasingly realized the importance of cyber security.
• Since, different sectors have witnessed different levels of trends due to the pandemic and otherwise, the sectors which are have experienced the most growth can be the targets of these cybercriminals and hence need to be protected.
2022-02-12T18:30:00Z