Report Overview

India Cloud Security Market – Industry Trends & Forecast Report, 2031

India Cloud Security Market size was estimated at USD 1.79 billion in 2024. During the forecast period between 2025 and 2031, India Cloud Security Market size is projected to grow at a CAGR of 16.1% reaching a value of USD 5.1 billion by 2031. Prominent drivers of the market include the rising need to safeguard sensitive data and infrastructure in an increasingly digital landscape. With enterprises shifting from traditional IT frameworks to cloud environments, cloud security has become essential to counter growing cyber threats, ensure regulatory compliance, and support secure digital transformation. Cloud security solutions offer capabilities like identity and access management, threat detection, and encryption, enabling businesses to mitigate risks associated with data breaches and system vulnerabilities. Furthermore, the proliferation of remote work, AI-based automated security tools, and government-led digital initiatives such as Digital India and Smart Cities are accelerating market growth. As organizations across sectors—particularly IT, e-commerce, and government—prioritize secure cloud adoption, the demand for robust cloud security services continues to expand, making it a critical component of India’s evolving digital infrastructure.

Cloud Security – Overview

Cloud security refers to a set of technologies, protocols, and best practices designed to protect data, applications, and infrastructure hosted in cloud environments. It encompasses measures, such as data encryption, identity and access management (IAM), threat detection, and compliance enforcement to prevent unauthorized access, data breaches, and cyberattacks. As organizations increasingly migrate to cloud platforms for scalability and efficiency, cloud security plays a vital role in ensuring the confidentiality, integrity, and availability of digital assets while supporting regulatory compliance and business continuity.

India Cloud Security Market

Growth Drivers

Rising Cyber Threats

India's rapid digital transformation has unfortunately been met with an alarming surge in cyber threats, directly propelling the growth of the nation's cloud security market. With figures like 18 million cyberattacks and 200,000 daily threats in Q1 2022, and a dramatic increase in cybersecurity incidents from 53,117 in 2017 to over 1.5 million in 2023, the scale of the challenge is undeniable. This escalating threat landscape, characterized by sophisticated ransomware, DDoS attacks, phishing campaigns, and malware, underscores the critical need for advanced defensive measures as businesses and financial institutions increasingly adopt cloud-based environments. Regulatory bodies are also stepping up, with initiatives like the Digital Threat Report 2024 for the BFSI sector, highlighting that robust cybersecurity is not just a regulatory necessity but an economic imperative for stability. The continuous onslaught of these attacks, leading to data breaches, financial losses, and national security concerns, creates an undeniable demand for comprehensive cloud security solutions, making it an essential foundation for India's digital future.

Challenges

Budget Constraints

Budget constraints among small and medium-sized enterprises (SMEs) act as a significant restraint to the growth of India Cloud Security Market. Limited financial resources often hinder SMEs from investing in advanced cloud security solutions, ongoing monitoring, and skilled IT personnel. Additionally, the perceived high costs of implementation and maintenance deter smaller businesses from adopting robust security frameworks. This financial limitation restricts their ability to protect sensitive data effectively, leaving them more vulnerable to cyber threats and slowing overall market expansion, especially in sectors dominated by cost-sensitive enterprises.

Impact of Escalating Geopolitical Tensions on India Cloud Security Market

Escalating geopolitical tensions could significantly impact the growth of India Cloud Security Market by heightening concerns around data sovereignty, cross-border data flows, and the reliability of foreign-based cloud service providers. Such tensions may lead to stricter government regulations, increased demand for local data centers, and a shift towards indigenous cloud solutions to mitigate risks related to foreign surveillance or cyber-espionage. Additionally, global supply chain disruptions and cybersecurity threats from hostile nations can compel organizations to invest more in advanced cloud security frameworks. These geopolitical dynamics may both challenge and reshape the market, driving innovation, policy shifts, and a stronger emphasis on self-reliance in cloud infrastructure.

India Cloud Security Market

Segmental Coverage

India Cloud Security Market – By Security Type

Based on security type, India Cloud Security Market is divided into Network Security, Endpoint Security, Data Security, Identity & Access Management (IAM), Security Information & Event Management, and Application Security segments. The identity & access management (IAM) segment holds the largest share of India Cloud Security Market by security type. The IAM segment’s dominance is driven by the rising need to protect sensitive information against growing cyber threats and ensure regulatory compliance across industries. IAM solutions, including multi-factor authentication, zero-trust security models, and AI-powered identity verification, are increasingly being adopted in sectors, such as banking, government, and healthcare. With the surge in cyberattacks—rising from 394,499 incidents in 2019 to over 1.4 million in 2021—and the fact that 52% of data breaches stem from human error and weak passwords, the demand for IAM tools has significantly accelerated. These frameworks enable IT teams to efficiently manage digital identities and control user access, reducing vulnerabilities in cloud environments. Additionally, the market benefits from growing digitalization, the shift toward cloud-based deployments, and the need for robust security governance.

India Cloud Security Market – By Deployment Mode

By deployment mode, India Cloud Security Market is divided into Public Cloud, Private Cloud, and Hybrid Cloud segments. The hybrid cloud segment holds the highest share in India Cloud Security Market by deployment mode. The segment growth is driven by its ability to manage data efficiently without centralizing it, ensuring both reliability and strong performance. Hybrid cloud solutions offer a cost-effective way for enterprises to optimize their operations, making them an attractive option, especially in light of economic considerations. As organizations recognize these advantages, they are increasingly investing in hybrid cloud setups to enhance their global reach and technological capabilities.

India Cloud Security Market – By End User

On the basis of end user, India Cloud Security Market is segmented into (BFSI, Healthcare, IT & Telecom, Retail & E-commerce, Government & Defense, Manufacturing, and other end users.

India Cloud Security Market – By Region

The in-depth research report on India Cloud Security Market covers the market in the country’s major regions: North India, South India, East India, and West India regions. South India holds the highest share in India Cloud Security Market and is expected to maintain its dominance during the forecast period.

Competitive Landscape

Major players operating 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. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In April 2025 - Redington India partnered with US-based cybersecurity firm Banyan Cloud to enhance cloud security adoption across key Indian industries. Acting as a value-added distributor, Redington will deliver Banyan Cloud’s advanced security solutions, including Zero Trust and Cloud Security Posture Management, to sectors like banking, IT, and healthcare.

• In January 2025 - Orca Security announced that it had achieved rapid growth in India, expanding its customer base by 500% since launching a local data center in 2023. Driven by AI-powered demand for an integrated, agentless cloud security platform, Orca partnered with key players like Noventiq India to support secure cloud adoption.

Scope of the Report

By Security Type

• Network Security

• Endpoint Security

• Data Security

• Identity & Access Management (IAM)

• Security Information & Event Management

• Application Security

By Deployment Mode

• Public Cloud

• Private Cloud

• Hybrid Cloud

By End User

• BFSI

• Healthcare

• IT & Telecom

• Retail & E-commerce

• Government & Defense

• Manufacturing

• Others

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Cloud Security Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rapid Cloud Adoption
         2. Rising Cyber Threats
         3. Regulatory Mandates
      2. Restraints
         1. Shortage of Skilled Professionals
         2. Budget Constraints for SMEs
      3. Opportunities
         1. Supportive Government Initiatives
         2. AI & ML Integration
      4. Challenges
         1. Data Privacy Concerns
         2. Evolving Threat Landscape
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Cloud Security Market: Marketing Strategies
5. India Cloud Security Market: Pricing Analysis
6. India Cloud Security Market Overview
   1. Market Size & Forecast, 2019–2031
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Security Type
         1. Network Security
         2. Endpoint Security
         3. Data Security
         4. Identity & Access Management (IAM)
         5. Security Information & Event Management
         6. Application Security
      2. By Deployment Mode
         1. Public Cloud
         2. Private Cloud
         3. Hybrid Cloud
      3. By End-User
         1. BFSI
         2. Healthcare
         3. IT & Telecom
         4. Retail & E-commerce
         5. Government & Defense
         6. Manufacturing
         7. Others
      4. By Region
         1. North India
         2. South India
         3. East India
         4. West India
7. North India Cloud Security Market
   1. Market Size & Forecast, 2019–2031
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Security Type
      2. By Deployment Mode
      3. By End User
8. South India Cloud Security Market
   1. Market Size & Forecast, 2019–2031
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Security Type
      2. By Deployment Mode
      3. By End User
9. East India Cloud Security Market
   1. Market Size & Forecast, 2019–2031
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Security Type
      2. By Deployment Mode
      3. By End User
10. West India Cloud Security Market
    1. Market Size & Forecast, 2019–2031
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Security Type
       2. By Deployment Mode
       3. By End User
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Cloud Security Company Market Share Analysis, 2024
    3. Competitive Benchmarking, By Operating Parameters
    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)
    1. Tata Consultancy Services (TCS)
    2. Wipro
    3. HCL Technologies
    4. Infosys
    5. Tech Mahindra
    6. Persistent Systems
    7. Microland
    8. Aujas Cybersecurity (An NSEIT Company)
    9. Quick Heal Technologies (Seqrite)
    10. Subex
    11. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    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