India Antivirus Software Market (2018-2024): Market Forecast By End Users, By Application, By Product Types, By Sales Channels, By Regions, By Tier-I Cities, By Tier-II Cities and Competitive Landscape

"Cyber-related risks are a global threat" as described precisely by the honorable Prime Minister Shri Narendra Modi while addressing the need to build credible cyber security systems amidst the changing threat landscape as India gears up to face cyber security threats. Cyber-security threat landscape in India has evolved over the past few years. During the past four years, India registered over 1,90,000 cases of cybercrime incidents. At present, Cyber-security market in India, stands around $4 billion with the industry exhibiting a growth of over 100% during the similar period. Growing number of internet users and proliferation of mobile and personal computing devices in the country resulted in increased threat level among the users, consequently, leading to growth in demand for antivirus software. Additionally, awareness among several end-users are increasingly rising, urging the users to opt for paid antivirus software solutions; enterprises increased their security budgets and have started investing heavily in these solutions.

India Antivirus market is projected to reach INR 14,782 crore by 2024. Antivirus market in India is expected to register healthy growth moving forward. Government initiatives, proliferation of mobile devices, rising internet penetration and IoT sector, substantial increase of cyber security spending and emerging IT, SME and educational hubs in the country are some of the key factors to drive the growth of antivirus market in India. Expenditure on cyber security in India is forecast to reach INR 226 thousand crore by 2025.

Enterprise would remain as the key growth segment for antivirus market vendors in India, however, rising awareness among the individuals for the paid antivirus solutions and growing demand for smartphone devices would open-up potential opportunities for market vendors in the individual segment. On the other hand, government segment is likely to post a much higher growth with Digital India plans on hand leading to higher spending on IT sector.

Smartphone and tablet PC segment is expected to exhibit highest growth among other devices. Android is likely to lead the segment amongst the applications. However, in the overall applications, Windows would still remain as the key revenue generating segment for market vendors.

The report thoroughly covers the market by end-user, by applications, product-type, sales channel, regions and Tier cities. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Historical Data of Global Antivirus Software Market Revenues for the Period 2014-2017
• Market Size & Forecast of Global Antivirus Software Market Revenues until 2024
• Historic Data of India Antivirus Software Market Revenues for the Period 2014-2017
• Market Size & Forecast of India Antivirus Software Market Revenues until 2024
• Historic Data of India Antivirus Software Market Revenues, By End-Users for the Period 2014-2017
• Market Size & Forecast of India Antivirus Software Market Revenues, By End-Users until 2024
• Historic Data of India Antivirus Software Market Revenues, By Application for the Period 2014-2017
• Market Size & Forecast of India Antivirus Software Market Revenues, By Application until 2024
• Historic Data of India Antivirus Software Market Revenues, By Product Type for the Period 2014-2017
• Market Size & Forecast of India Antivirus Software Market Revenues, By Product Type until 2024
• Historic Data of India Antivirus Software Market Revenues, By Regions for the Period 2014-2017
• Market Size & Forecast of India Antivirus Software Market Revenues, By Regions until 2024
• Historic Data of India Antivirus Software Market Revenues, By Sales Channel for the Period 2014-2017
• Market Size & Forecast of India Antivirus Software Market Revenues, By Sales Channel until 2024
• Historic Data of India Antivirus Software Market Revenues, By Tier-I & Tier-II Cities for the Period 2014-2017
• Market Size & Forecast of India Antivirus Software Market Revenues, By Tier-I & Tier-II Cities until 2024
• Market Drivers and Restraints
• Players Market Share and Competitive Benchmarking
• Company Profiles
• Recommendations

The report provides detailed analysis of the following market segments:

By End Users:

•  Individual
•  Enterprise
•  Government

By Applications:

•  Windows
•  MAC
•  Android/IOS/Linux

By Product Types:

•  Laptop
•  Desktop PC
•  Mobile/Tablet PC

By Sales Channels:

•  Online
•  Offline

By Regions:

•  Northern
•  Western
•  Eastern
•  Southern

By Tier-I Cities:

•  SOHO (<= 25 Users)
•  SMB (<= 25 Users)

By Tier-II Cities:

•  SOHO (<= 25 Users)
•  SMB (<= 25 Users)