Indian cybersecurity services expected to grow to $7.6 bn by 2022: DSCI

More than 35 per cent companies covered by the report are re-skilling half of their security workforce

The Indian cybersecurity services industry is expected to grow to about $7.6 billion in 2022 from $4.3 billion at present. At a growth rate of about 21 per cent, its is expected to be worth $13.6 billion by 2025, according to a report by the Data Security Council of India.

Due to the Covid-19 pandemic, cybesecurity is attracting a lot of attention from company boards and governments alike. The global cybersecurity services' market is expected to reach about $89 billion by 2022, a growth rate of 10 per cent. Managed security services and system integration are the most attractive service