India’s cybersecurity market set grow to ₹15.06 billion by 2031 as company invest to fend off sophisticated cyber attacks

Relentless digitisation, rising cyber risk exposure, and accelerated enterprise investments in advanced defence solutions has placed India’s cybersecurity economy on a high-velocity growth phase and the market is projected to surge from $ 6.56 billion in 2026 to $15.06 billion by 2031, growing at a CAGR of 18%, industry officials said. 

With over 400 cybersecurity product companies, India is emerging as a global hub for cyber innovation and resilience, they added.