Industry Analysis Vittarth

Cybersecurity Industry


The advancements in technology and its usage have connected people, businesses, and organizations in India and brought them closer, leading to economic progress. However, these advancements come with critical vulnerabilities that can be exploited by those who are experts in misusing technology for economic gains. Cybersecurity breaches across organizations have become commonplace, regularly grabbing headlines that alarm both consumers and leaders. The cybersecurity market in India is expected to grow from USD 1.97 billion in 2019 to USD 3.05 billion by 2022, at a CAGR of 15.6%. As our reliance on data and interconnectivity swells, developing strong resilience to withstand cyberattacks has never been more important.
So, here we present our detailed analysis of the Cybersecurity Industry at a Global and Indian Level as well.


Credits: Aditya Srivastava , Bhumika Nigam , Mihir Balvally

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