Growth rate of expenditure towards cyber security India 2019-2022 by sector

In 2019, the information technology and services sector in India had the highest share of expenditure towards cyber security. It was estimated that the sector's cyber security expenses would grow at a rate of 18 percent between 2019 and 2022. The banking, financial services and insurance sector came second with a 16.1 percent growth rate of cyber security expenses in the given time period.

Growth rate of cyber security expenditure in India between 2019 and 2022, by sector*

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Sources

Release date

December 2019

Region

India

Survey time period

2019

Supplementary notes

*Forecast

BFSI denotes banking, financial services and insurance sector.
IT/ITeS denotes Information technology and Information technology enabled services.

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