This IDC Market Analysis Perspective (MAP) covers the India security products market. The MAP is designed to provide clients the opportunity to engage with IDC's security software and appliance analysts on the key issues impacting the current security products market. It includes a 2016 update on:
"Indian firms comparatively spend lesser than global peers on cybersecurity solutions even as the costs of data breach are rising. There is a need for Indian enterprises to catch up on implementing newer cybersecurity technologies to get the right risk mitigation. Banking, financial services, and insurance (BFSI) and the government's smart cities initiative are providing a lot of traction in terms of revenue and potential for security vendors in India. Fintech companies and 'newcomers' are pushing traditional BFSI customers to take new initiatives, forcing them to implement better solutions for cybersecurity measures," says Pavan Metri, India software analyst.
McAfee LLC, Hewlett Packard Enterprise, Dell Inc., F-Secure Oyj, Sophos Plc, Check Point Software Technologies Ltd., Forcepoint LLC, Palo Alto Networks, Inc., Symantec Corporation, IBM, Fortinet, Inc., Cisco Systems, Inc., Trend Micro Incorporated, Kaspersky Lab ZAO, Juniper Networks, Inc.
Digital transformation, Endpoint security, Firewall and VPN security appliance products, Governance, risk and compliance infrastructure, Identity and access management, Information protection and control, Intrusion detection and prevention, Messaging security, Network security, Security and vulnerability management software, Security management, Unified threat management, Virtual private network products, Web and messaging WAM security appliances, Web security