According to IMARC Group’s report titled "India Cyber Security Services Market Size, Share, Trends and Forecast by Service, Industry Vertical, and Region, 2025-2033" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.
Note : We are in the process of updating our reports to cover the 2026–2034 forecast period. For the most recent data, insights, and industry updates, please click on "Request Free Sample Report".
Request Free Sample Report: https://www.imarcgroup.com/india-cyber-security-services-market/requestsample
India Cyber Security Services Market Overview
The India cyber security services market size reached USD 2.48 Billion in 2024. The market is projected to grow at a CAGR of 13.60% during the forecast period 2025-2033 to reach a market size of USD 7.83 Billion by 2033. This growth is driven by the rising digital payments, online banking, e-commerce platforms, and increasing usage of AI technologies that aid in identifying unusual network traffic patterns and predicting security breaches. The report presents a thorough review featuring the India cyber security services market analysis, growth, share, trends, and research of the industry.
India Cyber Security Services Market Key Takeaways
- Current Market Size: USD 2.48 Billion in 2024
- CAGR: 13.60% (2025-2033)
- Forecast Period: 2025-2033
- The market growth is fueled by the expansion of digital transactions and e-commerce activities across India.
- Government investments have increased, with the Union Budget 2025 allocating over INR 1,900 Crore, an 18% increase from 2024.
- The rising adoption of AI enhances cybersecurity by enabling proactive threat detection and automated response.
- Businesses across multiple sectors are adopting advanced cyber security solutions to protect sensitive data.
- Cloud-based financial services and cross-border transactions are increasing demand for compliance and risk assessments.
India Cyber Security Services Market Growth Factors
- Expansion of financial and e-commerce transactions, involving daily payments through UPI, credit cards, mobile wallets, and net banking.
- Increased risk of cyber fraud, hacking, and data breaches, driving demand for secure platforms.
- Investment by banks, fintech companies, and e-commerce businesses in advanced cybersecurity solutions.
- Growing requirement for fraud detection systems, secure payment gateways, and encrypted data storage.
- Cybercriminals' evolving tactics necessitate adoption of modern security tools like multi-factor authentication.
- Rise of cloud-based financial and cross-border transactions increasing need for risk assessments and compliance services.
- Indian government’s strengthened cybersecurity regulations backed by increased budgetary allocation.
- Rising use of AI to detect, prevent, and respond to cyber threats in real-time, enhancing proactive security measures.
- AI-driven identity verification, facial recognition, and behavioral analysis improving authentication processes.
Buy the Latest 2026 Edition: https://www.imarcgroup.com/checkout?id=31386&method=1337
India Cyber Security Services Market Trends
- Rapid expansion of digital payments and e-commerce within India.
- Increasing incidents of cyber fraud and data breaches propelling demand for cybersecurity.
- Businesses adopting multi-factor authentication to safeguard sensitive financial information.
- Growing reliance on AI for real-time threat monitoring, anomaly detection, and automated responses.
- Digital transaction growth across cloud computing and IoT fueling AI-centric cybersecurity solutions.
- AI enhancing cybersecurity training through simulation of cyber threat scenarios.
- Government initiatives promoting AI adoption to secure digital infrastructure and data privacy.
- Increased investments in cybersecurity by fintech, banking, and e-commerce sectors.
- Implementation of stricter cybersecurity norms and compliance to counter rising cybercrime.
India Cyber Security Services Market Segmentation
Service Insights
- Professional Services: Integration, Support and Maintenance, Training, Consulting, and Advisory, Penetration Testing, Bug Bounty, Others. These services cover system integration, maintenance, security trainings, advisory roles, and vulnerability assessments.
- Managed Services: Managed Detection Response, Managed Security Incident and Event Management, Compliance and Vulnerability Management, Others. These services provide continuous monitoring, incident response, vulnerability management, and compliance support.
Industry Vertical Insights
- IT and Telecom: Cybersecurity solutions tailored for technology and telecommunication companies.
- Retail: Security services protecting retail transactions and customer data.
- BFSI: Banking, Financial Services, and Insurance sector cybersecurity.
- Healthcare: Protection of sensitive patient data and healthcare infrastructure.
- Defense/Government: Cybersecurity for government bodies and defense establishments.
- Energy: Security services for energy sector infrastructure.
- Manufacturing: Protection of manufacturing processes and data.
- Others: Other industry verticals requiring cybersecurity services.
Regional Insights
- North India
- South India
- East India
- West India
The North India region dominates the market, contributing the largest share, supported by the concentration of IT, BFSI, and governmental clients. The overall market is expected to grow at a CAGR of 13.60% during 2025-2033 across all regions.
India Cyber Security Services Market Recent Developments & News
- In March 2025, Qylis partnered with eSentire to launch Qylis S365, a cybersecurity solution governed locally in India, delivering top-tier threat detection and compliance features.
- In September 2024, CERT-In along with SISA introduced the ANAB-accredited 'Certified Security Professional for Artificial Intelligence (CSPAI)' program, focusing on AI-integrated cybersecurity skills following sustainable methods.
India Cyber Security Services Market Key Highlights of the Report
- Comprehensive quantitative analysis from 2019 to 2033.
- Detailed segmentation by service, industry vertical, and region.
- Insights into market drivers, challenges, and opportunities.
- Porter's Five Forces analysis for industry competitiveness.
- Competitive landscape with key player profiling.
- Post-sale analyst support and customization options.
India Cyber Security Services Market Key Players
The report offers an in-depth examination of the competitive landscape, including market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Get Your Customized Market Report Instantly: https://www.imarcgroup.com/request?type=report&id=31386&flag=E
Customization Note: If you require any specific information not covered within this report’s scope, we will provide it as part of the customization.
About Us
IMARC Group is a global management consulting firm that helps ambitious changemakers create a lasting impact. The company offers comprehensive market assessment, feasibility studies, incorporation support, regulatory assistance, branding and strategy services, and procurement research.
Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel: (D) +91 120 433 0800
United States: +1-201971-6302