Press Release

Mumbai, India, August 29, 2017 View All Press Releases

Gartner Says Information Security Spending In India Will Grow 12 Percent to Reach $1.5 Billion in 2017

Rising Business Impact of Security Incidents and New Detection and Response Requirements Driving Market Growth

Spending on information security products and services in India will reach $1.5 billion in 2017 in constant currency terms, an increase of 12 percent over 2016, with spending expected to grow to $ 1.7 billion in 2018, according to the latest forecast from Gartner, Inc.

Security services will continue to be the fastest growing segment, especially IT outsourcing, consulting and implementation services. However, hardware support services will see growth slowing, due to the adoption of virtual appliances, public cloud and software as a service (SaaS), which reduces some of the need for attached hardware support overall.

The strong growth of security services in India is due to the widespread skills shortages and proliferation of new security initiatives that several large organizations in India are engaging in. Many Indian enterprises are in their first or second iteration of creating and maturing their security program, meaning that they have a need for a wide range of security services to help build and grow their security processes and technologies. In particular, security monitoring and detection is a hot area for investment with organizations having to choose from a variety of architecture and delivery models that security services providers are offering.

"Rising awareness amongst CEOs and boards of directors about the business impact of security incidents, and an evolving regulatory landscape, have led to continued end user spending for security products and services,” said Siddharth Deshpande, principal research analyst at Gartner. “However, improving security maturity is not just about spending on new technologies. As witnessed in the recent spate of global security incidents, getting the basics right has never been more important. Organizations can improve their security posture significantly just by addressing basic security and risk related hygiene elements like threat centric vulnerability management, centralized log management, internal network segmentation, backups and system hardening among others."

More detailed analysis is available to Gartner clients in the report "Forecast Analysis: Information Security, Worldwide, 1Q17 Update." Additional research on how organizations can take a practical approach to vulnerability management to reduce their risk exposure is available to Gartner clients in the report ‘It's Time to Align Your Vulnerability Management Priorities With the Biggest Threats’

 Gartner Security and Risk Management Summits

Gartner analysts will provide additional analysis on IT security trends at the Gartner Security & Risk Management Summits 2017 taking place in Mumbai, London and Dubai. Follow news and updates from the events on Twitter at #GartnerSEC.

About Gartner

Gartner, Inc. (NYSE: IT) is the world's leading research and advisory company. The company helps business leaders across all major functions in every industry and enterprise size with the objective insights they need to make the right decisions. Gartner's comprehensive suite of services delivers strategic advice and proven best practices to help clients succeed in their mission-critical priorities. Gartner is headquartered in Stamford, Connecticut, U.S.A., and has more than 15,000 associates serving clients in 11,000 enterprises in 100 countries. For more information, visit

Comments or opinions expressed on this blog are those of the individual contributors only, and do not necessarily represent the views of Gartner, Inc. or its management. Readers may copy and redistribute blog postings on other blogs, or otherwise for private, non-commercial or journalistic purposes. This content may not be used for any other purposes in any other formats or media. The content on this blog is provided on an "as-is" basis. Gartner shall not be liable for any damages whatsoever arising out of the content or use of this blog.