Synopsis
A recent report reveals that Indian enterprises are poised to boost their information security investments, anticipating a total expenditure of $3.3 billion by 2025, reflecting a 16.4% increase due to rising cybersecurity threats and regulatory demands.Key Takeaways
- Projected spending on information security to reach $3.3 billion by 2025.
- 16.4% increase in spending driven by cybersecurity threats and regulatory changes.
- Security services expected to grow by 19% in 2025.
- Investment in security software to hit $1.2 billion as companies enhance cloud protection.
- Shift towards cyber resilience and new data protection strategies is evident.
Mumbai, March 11 (NationPress) Indian companies are gearing up to enhance their investment in information security, with total end-user expenditure expected to hit $3.3 billion by 2025, as indicated by a recent report released on Tuesday.
This represents a 16.4% increase compared to 2024, driven by escalating cybersecurity threats, changing regulations, and the increasing embrace of cloud technology.
As per a Gartner report, enterprises are channeling more resources into security to combat ongoing challenges like ransomware attacks, data breaches associated with generative AI (GenAI), and intricate regulatory requirements.
Businesses are concentrating on real-time threat detection and incident response to safeguard their hybrid information technology (IT) environments.
Among various segments, security services are anticipated to exhibit the most significant growth, with spending projected to rise by 19% in 2025.
Additionally, investment in security software is also anticipated to increase, reaching $1.2 billion, as companies aim to streamline their security platforms and enhance cloud protection.
Gartner forecasts that by 2028, 40% of IT services contracts will incorporate security components.
Moreover, by 2026, 75% of organizations initiating GenAI projects will redirect their spending from structured to unstructured data security.
The report underscores two pivotal cybersecurity trends that will influence 2025. The first is the increasing influence of GenAI on data security, compelling companies to embrace new protection methodologies.
Firms are expected to invest in synthetic data tools to supplant traditional anonymization techniques, thereby minimizing privacy risks and ensuring compliance.
The second crucial trend is the shift towards cyber resilience. Organizations are evolving from a sole focus on preventing cyberattacks to prioritizing strategies that mitigate the impact of security incidents.
This transition acknowledges that cyber threats are unavoidable, necessitating that companies be ready to adapt and recover swiftly.
Shailendra Upadhyay, Senior Principal at Gartner, remarked that these security hurdles are prompting organizations to fortify their security strategies.
"Chief Information Security Officers (CISOs) in India are emphasizing investments in cloud security, access management, and data privacy to bolster their defenses and ensure operational continuity,” he emphasized.
