Market Research Report
India Critical Infrastructure Protection Market Forecast 2021-2025
|Published by||Inkwood Research||Product code||980899|
|Published||Content info||102 Pages
Delivery time: 2-3 business days
|India Critical Infrastructure Protection Market Forecast 2021-2025|
|Published: January 11, 2021||Content info: 102 Pages||
The India critical infrastructure protection market is evaluated to record a CAGR of 10.21%, during the forecast period. The country's market growth is attributed to key factors, including, the launch of several critical infrastructure projects, the increasing rates of cyberattacks, and the growing government investments across the power and energy sector. The base year considered for the market study is 2020, and the forecast years are from 2021 to 2025.
The Indian government's rising investments across the power and energy sector to bolster the generation capacity are anticipated to promote the adoption of critical infrastructure protection solutions over the upcoming years. For instance, in March 2019, as per the Union Power Minister, the government invested nearly INR 31,560 crores in four power projects. Moreover, the increased demand for critical infrastructures, including radars in the defense division, is likely to provide the market with lucrative opportunities. Similarly, in February 2019, as a part of the Comprehensive Integrated Border Management System (CIBMS), Blighter Surveillance Systems Ltd was responsible for deploying the Blighter B400 series E-scan micro Doppleground surveillance radar, along India's border. Moreover, it was deployed to Dat-Con Defence.
On the other hand, according to Cisco Systems, sectors such as, banking and finance, government, and critical infrastructure are among the most targeted, in terms of cyberattacks. Moreover, cybercriminals are also targeting the country's industries like information technology, defense, healthcare, and telecom. Therefore, such factors are projected to fuel market growth.
Some of the distinguished companies operating in the market include McAfee Inc (TPG Capital), General Electric Company, Kaspersky Lab Inc, Ericsson AB, Honeywell International Inc, etc.