PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1779617
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1779617
India Cloud Security Market, By Security Type; By Deployment Mode; By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2031
India Cloud Security Market Size Zooming 2.8X to Surpass USD 5 Billion by 2031
India Cloud Security Market is flourishing because of rapid adoption of cloud technology solutions and services, the escalating volume of cyber threats, and increasingly stringent regulatory mandates.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Cloud Security Market size at USD 1.79 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects India Cloud Security Market size to expand at a CAGR of 16.1% reaching a value of USD 5.1 billion by 2031. The growth of Cloud Security Market across India is propelled by the urgent need to safeguard sensitive data and critical infrastructure within an expanding digital economy. As businesses pivot from traditional IT frameworks to scalable cloud environments, robust cloud security has become indispensable. It serves as the cornerstone for countering evolving cyber threats, ensuring stringent regulatory compliance, and facilitating seamless digital transformation. Cloud security solutions deliver essential capabilities such as identity and access management, advanced threat detection, and comprehensive encryption, empowering organizations to effectively mitigate risks associated with data breaches and system vulnerabilities. This market expansion is further accelerated by the widespread adoption of remote work models, the emergence of sophisticated AI-based automated security tools, and ambitious government-led digital initiatives like Digital India and Smart Cities. Consequently, as enterprises across key sectors-including IT, e-commerce, and government-prioritize secure cloud adoption, the demand for comprehensive cloud security services continues to intensify, cementing its role as a vital component of India's evolving digital landscape.
Impact of Escalating Geopolitical Tensions on India Cloud Security Market
Intensifying geopolitical tensions could disrupt the growth of India Cloud Security Market, primarily by intensifying concerns around data sovereignty, cross-border data flows, and the reliability of foreign-based cloud service providers. Such tensions may precipitate stricter government regulations, increased demand for local data centers, and a definitive shift towards indigenous cloud solutions. This strategic pivot aims to mitigate risks associated with foreign surveillance or cyber-espionage. Furthermore, potential global supply chain disruptions and advanced cybersecurity threats originating from hostile nations are compelling organizations to bolster their investments in sophisticated cloud security frameworks. These evolving geopolitical dynamics are expected to both challenge and reshape the market, ultimately driving innovation, influencing policy shifts, and fostering a stronger emphasis on self-reliance in India's cloud infrastructure.
Identity and Access Management (IAM) Dominates India Market
The identity & access management (IAM) segment commands the largest share of India Cloud Security Market. The IAM segment's market dominance is driven by the escalating imperative to safeguard sensitive information against pervasive cyber threats and ensure stringent regulatory compliance across diverse industries. IAM solutions, encompassing multi-factor authentication, zero-trust security models, and AI-powered identity verification, are witnessing heightened adoption in critical sectors like banking, government, and healthcare. This accelerated demand for sophisticated IAM tools is linked to the substantial increase in cyberattacks-from 394,499 incidents in 2019 to over 1.4 million in 2021-and the alarming statistic that approximately 52% of data breaches stem from human error and weak passwords. These frameworks empower IT teams to efficiently manage digital identities and meticulously control user access, thereby substantially reducing vulnerabilities within cloud environments. Furthermore, the growth of India Cloud Security Market is significantly bolstered by the overarching trend of digitalization, the strategic shift towards cloud-based deployments, and the continuous need for comprehensive security governance.
Competitive Landscape
Major companies in India Cloud Security Market include Tata Consultancy Services (TCS), Wipro, HCL Technologies, Infosys, Tech Mahindra, Persistent Systems, Microland, Aujas Cybersecurity (an NSEIT Company), Quick Heal Technologies (Seqrite), and Subex. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and India Cloud Security Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Cloud Security Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Cloud Security Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rapid Cloud Adoption
- 3.2.1.2. Rising Cyber Threats
- 3.2.1.3. Regulatory Mandates
- 3.2.2. Restraints
- 3.2.2.1. Shortage of Skilled Professionals
- 3.2.2.2. Budget Constraints for SMEs
- 3.2.3. Opportunities
- 3.2.3.1. Supportive Government Initiatives
- 3.2.3.2. AI & ML Integration
- 3.2.4. Challenges
- 3.2.4.1. Data Privacy Concerns
- 3.2.4.2. Evolving Threat Landscape
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Cloud Security Market: Marketing Strategies
5. India Cloud Security Market: Pricing Analysis
6. India Cloud Security Market Overview
- 6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Security Type
- 6.2.1.1. Network Security
- 6.2.1.2. Endpoint Security
- 6.2.1.3. Data Security
- 6.2.1.4. Identity & Access Management (IAM)
- 6.2.1.5. Security Information & Event Management
- 6.2.1.6. Application Security
- 6.2.2. By Deployment Mode
- 6.2.2.1. Public Cloud
- 6.2.2.2. Private Cloud
- 6.2.2.3. Hybrid Cloud
- 6.2.3. By End-User
- 6.2.3.1. BFSI
- 6.2.3.2. Healthcare
- 6.2.3.3. IT & Telecom
- 6.2.3.4. Retail & E-commerce
- 6.2.3.5. Government & Defense
- 6.2.3.6. Manufacturing
- 6.2.3.7. Others
- 6.2.4. By Region
- 6.2.4.1. North India
- 6.2.4.2. South India
- 6.2.4.3. East India
- 6.2.4.4. West India
- 6.2.1. By Security Type
7. North India Cloud Security Market
- 7.1. Market Size & Forecast, 2019-2031
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Security Type
- 7.2.2. By Deployment Mode
- 7.2.3. By End User
8. South India Cloud Security Market
- 8.1. Market Size & Forecast, 2019-2031
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Security Type
- 8.2.2. By Deployment Mode
- 8.2.3. By End User
9. East India Cloud Security Market
- 9.1. Market Size & Forecast, 2019-2031
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Security Type
- 9.2.2. By Deployment Mode
- 9.2.3. By End User
10. West India Cloud Security Market
- 10.1. Market Size & Forecast, 2019-2031
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Security Type
- 10.2.2. By Deployment Mode
- 10.2.3. By End User
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. India Cloud Security Company Market Share Analysis, 2024
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
12. Impact of Escalating Geopolitical Tensions on India Cloud Security Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 13.1. Tata Consultancy Services (TCS)
- 13.2. Wipro
- 13.3. HCL Technologies
- 13.4. Infosys
- 13.5. Tech Mahindra
- 13.6. Persistent Systems
- 13.7. Microland
- 13.8. Aujas Cybersecurity (An NSEIT Company)
- 13.9. Quick Heal Technologies (Seqrite)
- 13.10. Subex
- 13.11. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 India Cloud Security Market Segmentation
- Figure 2 India Cloud Security Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Figure 5 India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Figure 6 India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Figure 7 India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Figure 8 India Cloud Security Market Share, By Region, By Value (USD Billion) 2019-2031
- Figure 9 North India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Figure 10 North India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Figure 11 North India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Figure 12 North India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Figure 13 South India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Figure 14 South India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Figure 15 South India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Figure 16 South India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Figure 17 East India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Figure 18 East India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Figure 19 East India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Figure 20 East India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Figure 21 West India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Figure 22 West India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Figure 23 West India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Figure 24 West India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
List of Tables
- Table 1 India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Table 2 India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Table 3 India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Table 4 India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Table 5 India Cloud Security Market Share, By Region, By Value (USD Billion) 2019-2031
- Table 6 North India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Table 7 North India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Table 8 North India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Table 9 North India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Table 10 South India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Table 11 South India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Table 12 South India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Table 13 South India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Table 14 East India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Table 15 East India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Table 16 East India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Table 17 East India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Table 18 West India Cloud Security Market Size, By Value (USD Billion), 2019-2031
- Table 19 West India Cloud Security Market Share, By Security Type, By Value (USD Billion) 2019-2031
- Table 20 West India Cloud Security Market Share, By Deployment Mode, By Value (USD Billion) 2019-2031
- Table 21 West India Cloud Security Market Share, By End User, By Value (USD Billion) 2019-2031
- Table 22 Tata Consultancy Services (TCS) Company Overview
- Table 23 Tata Consultancy Services (TCS) Financial Overview
- Table 24 Wipro Company Overview
- Table 25 Wipro Financial Overview
- Table 26 HCL Technologies Company Overview
- Table 27 HCL Technologies Financial Overview
- Table 28 Infosys Company Overview
- Table 29 Infosys Financial Overview
- Table 30 Tech Mahindra Company Overview
- Table 31 Tech Mahindra Financial Overview
- Table 32 Persistent Systems Company Overview
- Table 33 Persistent Systems Financial Overview
- Table 34 Microland Company Overview
- Table 35 Microland Financial Overview
- Table 36 Aujas Cybersecurity (An NSEIT Company) Company Overview
- Table 37 Aujas Cybersecurity (An NSEIT Company) Financial Overview
- Table 38 Quick Heal Technologies (Seqrite) Company Overview
- Table 39 Quick Heal Technologies (Seqrite) Financial Overview
- Table 40 Subex Company Overview
- Table 41 Subex Financial Overview
