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Advanced Threat Landscape will Give Rise to Increased Network Security Spending

Even though 2013 was a challenging year because of the economic slowdown and rupee depreciation, the overall demand for network security from enterprises remained robust. The market is expected to continue the growth momentum in the short to medium terms, as enterprises are likely to deploy security solutions due to the growing need for regulatory compliance and address the security challenges arising from upcoming trends like Web 2.0, mobile security, social media and cloud computing.

Executive Summary
-The Indian network security market achieved a steady year-on-year (YOY) growth of %, with a revenue of INR crore in 2013. Although 2013 was a challenging year because of the economic slowdown and rupee depreciation, the overall demand for network security from enterprises remained robust.
-The market is expected to continue the growth momentum over the short to medium terms, as enterprises are likely to deploy security solutions due to the growing need for regulatory compliance and address the security challenges arising from upcoming trends such as web 2.0, mobile security, social media, and cloud computing.
-The use of smart phones, tablet PCs, and other mobile devices is rapidly increasing across organizations in India. The proliferation of consumer-owned smart phones and tablet PCs on the corporate network of organizations has given rise to network security solutions that are designed specifically for bring-your-own-device (BYOD). Networking vendors are aggressively expanding their portfolios to address the consumerization of smartphones and tablets. This trend is likely to continue to grow for another 3-4 years.
-Additionally, enterprises are becoming increasingly dependent on web/ Internet-based technology for their day to day operations. This trend is also significantly driving the demand for network security products and solutions.
-The strengthening of partnerships between network security vendors and managed security service providers (MSSPs) is another market trend in India. Security vendors partner with MSSPs and offer security solutions to organizations in the region through the model of outsourcing. This consolidation of partnership between MSSPs and original equipment manufacturers (OEMs) in India is likely to drive the network security market.

Research Objectives
This market insight provides the emerging trends in the Network Security market in India for CY 2013.
It analyses the market trends, technology trends, revenue analysis, and competitive scenario.
The Network Security market is segmented into Firewall/IPSec VPN, SSL VPN, and Intrusion Detection and Prevention Systems (IDS/IDP/IPS).

Research Scope
Geographic scope: India
Years considered for forecasts: CY 2014–2020
Research Methodology
Primary research with OEMs
Frost & Sullivan published research services
Published news
Company Web sites and other secondary sources

Table Of Contents

Emerging Trends in the Network Security Market in India, CY 2013
Executive Summary

Executive Summary
Research Objectives, Scope, and Methodology
Assumptions

Market Overview

Market Overview—Technology Segmentation
Market Overview—Definitions
Key Market Drivers and Restraints
A Snapshot of the Network Security Market
Top Spenders in the Indian Network Security Market

Market Highlights, Trends, and Forecast

Past and Future….
Key Trends Shaping the Network Security Market
Network Security Market Trends
Market Highlights
Network Security Market—Growth Rate and Market Share
Product/Service Life Cycle Analysis—Network Security Market
Network Security Market—Revenue Forecast

Competition Analysis

Competitive Analysis
Current and Future Adoption Rate
Key Areas of Importance as Perceived by End Users

Strategic Recommendations

Predictions for the Network Security Market
Recommendations

Appendix

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