DUBLIN--(BUSINESS WIRE)--May 14, 2018--The "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" report has been added to ResearchAndMarkets.com's offering.

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.

Scope of the Report

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)

Companies Mentioned

Quick Heal Technologies Ltd. Trend Micro India Pvt. Ltd Kaspersky Lab India Pvt. Ltd ESET, spol. s r.o. Micro World Software Services Pvt. Ltd Symantec Software Solutions Pvt. Ltd BD Software Distribution Pvt Ltd. McAfee India Sales Pvt. Ltd Sophos IT Services Pvt Ltd. F-Secure Pvt. Ltd

For more information about this report visit https://www.researchandmarkets.com/research/84mxtj/india_antivirus?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180514006189/en/

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Related Topics:Software

KEYWORD: ASIA PACIFIC INDIA

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 05/14/2018 02:20 PM/DISC: 05/14/2018 02:20 PM

http://www.businesswire.com/news/home/20180514006189/en