Indian cybersecurity industry hits $9.8 bn in revenue
Dec 22, 2021
The Indian cybersecurity industry is also expanding its global footprint, with a presence in the US, Canada, the UK, France, Australia, Singapore, and the UAE
The cybersecurity services and product industry reached $9.85 billion in combined revenue in India this year, growing at a compound annual growth rate (CAGR) of 40 per cent in the last two years as companies scrambled to meet the huge demand for cybersecurity talent amid the pandemic, a Nasscom-Data Security Council of India (DSCI) report showed on Tuesday.
Currently, cybersecurity services companies employ 2.18 lakh people while product companies have a 27,000-strong workforce in the country.
The Indian cybersecurity industry is also…read more