India Managed Security Services Market Research Report By Service Type (Managed Firewall, Intrusion Detection System, Unified Threat Management, Security Information and Event Management, Endpoint Security), By Deployment Model (On-Premises, Cloud-Based, Hybrid), By Organization Size (Small Enterprises, Medium Enterprises, Large Enterprises) and By End Use Industry (BFSI, Healthcare, ITTelecom, Retail, Government)-Forecast to 2035

India Managed Security Services Market Overview

As per MRFR analysis, the India Managed Security Services Market Size was estimated at 1.9 (USD Billion) in 2023.The India Managed Security Services Market Industry is expected to grow from 2.5(USD Billion) in 2024 to 5 (USD Billion) by 2035. The India Managed Security Services Market CAGR (growth rate) is expected to be around 6.504% during the forecast period (2025 - 2035).

Key India Managed Security Services Market Trends Highlighted

The India Managed Security Services Market is currently undergoing substantial growth, which is being driven by the growing necessity for organisations to protect their data and the surge in cyber threats. The increased vulnerability to cyber assaults in sectors such as banking, insurance, and e-commerce has prompted businesses to adopt managed security services as a dependable solution for threat detection and response. This has been facilitated by the rapid digital transformation of these sectors. Regulatory compliance requirements, such as those established by the Reserve Bank of India and other government agencies, are significant market drivers.

These requirements necessitate stringent data protection measures. Furthermore, the demand for comprehensive security solutions is on the rise as a result of the increasing adoption of cloud computing and the Internet of Things (IoT), which is expanding the attack surface. There is an abundance of opportunities in the market, particularly for service providers that can provide customised solutions that are suitable for a variety of sectors. Indian enterprises are increasingly seeking partnerships with managed service providers that can provide high-quality, cost-effective, and scalable security services.

There is a discernible trend towards the integration of sophisticated technologies, such as artificial intelligence and machine learning, into security protocols to improve the detection and management of threats. In recent years, there has been a noticeable increase in the level of awareness regarding cybersecurity among Indian businesses, which has resulted in a more proactive investment in security measures.

Companies are recognising the substantial financial and reputational repercussions of security breaches and are therefore prioritising security over ordinary compliance. Additionally, there has been an increase in the utilisation of Security as a Service (SECaaS) models, which enables businesses to capitalise on their expertise without incurring substantial infrastructural investments. In general, the managed security services market in India is undergoing a transformation, which is indicative of a greater emphasis on adaptability and resilience in the context of a constantly evolving threat landscape.

India Managed Security Services Market Drivers

Increasing Cybersecurity Threats Leading to Higher Demand

The rise in digital transformation initiatives in India has resulted in a significant increase in cybersecurity threats. According to a report from the Indian Computer Emergency Response Team (CERT-In), there was a staggering 74% increase in cybersecurity incidents in the first half of 2022 compared to the previous year, with more than 6.5 million reported attacks.

This uptick in cyber threats places immense pressure on businesses and government organizations to enhance their security measures.Consequently, the demand for outsourcing security operations to Managed Security Service Providers (MSSPs) is likely to rise. Major players in the India Managed Security Services Market Industry, such as Tata Communications and Wipro, are expanding their service offerings to cater to this growing need, making the market more competitive and innovative.

Government Initiatives to Strengthen Cybersecurity Infrastructure

The Indian government is proactively investing in enhancing the national cybersecurity framework. The National Cyber Security Policy aims to create a safe, secure, and resilient cyberspace for citizens, businesses, and the government. The government has established the Cyber Coordination Centre for effective cybersecurity operations and response based on the increased frequency of cyber threats.

By 2023, the Indian government plans to invest over USD 1 billion in enhancing the cybersecurity infrastructure.This support positions the India Managed Security Services Market Industry at an advantage, as it brings forth more opportunities for MSSPs to collaborate with the government for better security practices.

Rising Awareness of Security Regulations and Compliance

As the global landscape for data protection regulations becomes stringent, Indian enterprises recognize the importance of compliance with standards such as the Information Technology Act and the General Data Protection Regulation (GDPR) for business operations. According to a survey by the Data Security Council of India, approximately 66% of organizations in India expressed an urgent need to adopt robust cybersecurity measures to meet compliance requirements.

This increasing recognition drives companies to seek the expertise of Managed Security Service Providers to ensure regulatory compliance and avoid potential fines. Organizations such as Infosys and HCL Technologies are rapidly developing their Managed Security Services to fulfill this demand, making a robust contribution to the growth of the India Managed Security Services Market Industry.

Growth of the Digital Economy and Remote Work Culture

The shift towards a digital-first economy in India, accelerated by the pandemic, has led to increased reliance on online platforms for business operations. With the expansion of remote work, companies are compelled to secure their distributed networks effectively. Reports from the Ministry of Electronics and Information Technology indicate a surge in internet users in India, surpassing over 700 million by mid-2022, demonstrating the growing digital landscape.

As organizations adapt to flexible work environments, the necessity for specialized cybersecurity solutions becomes paramount. This trend is enabling a surge in demand for Managed Security Services, as seen through companies in the India Managed Security Services Market Industry like Tech Mahindra, which continue to innovate security offerings tailored for remote workforce protection.

India Managed Security Services Market Segment Insights

Managed Security Services Market Service Type Insights

The India Managed Security Services Market has been increasingly focusing on various Service Types to cater to the diverse security needs of organizations across the region. Among the key components of this market are Managed Firewall, Intrusion Detection System, Unified Threat Management, Security Information and Event Management, and Endpoint Security. Each of these services plays a pivotal role in enhancing the overall security framework of businesses.

Managed Firewall services offer robust protection against external threats by controlling the incoming and outgoing traffic based on predetermined security rules, which is crucial for organizations facing increasing cyber threats in India.Intrusion Detection Systems monitor network traffic for suspicious activity, allowing organizations to identify and respond to potential breaches in real time; this proactive approach is vital for maintaining data integrity and compliance with governmental regulations.

Unified Threat Management solutions combine multiple security services into a single platform, simplifying security management and reducing overhead costs while improving efficiency an attractive proposition for many businesses operating in India’s competitive landscape. Security Information and Event Management systems provide integrated solutions for real-time monitoring, analysis, and reporting of security events, facilitating centralized management of security data and compliance with regulatory frameworks, which is increasingly important in a digitally transforming India.

Lastly, Endpoint Security focuses on protecting devices connected to the corporate network, playing a significant role in the rise of remote working models that have become more prevalent in the wake of recent global events. Collectively, these services form a comprehensive approach to cybersecurity, addressing the escalating threats that organizations in India face today. The growth trajectory and increasing adoption of these services reflect the urgent need for stronger security measures in the digital landscape of India as businesses continue to navigate the complexities introduced by technological advancements and evolving cyber threats.

Managed Security Services Market Deployment Model Insights

The India Managed Security Services Market demonstrates diverse Deployment Model segments including On-Premises, Cloud-Based, and Hybrid. Each deployment model plays a pivotal role in shaping the overall landscape of the industry. On-Premises solutions have historically been significant for organizations prioritizing control and security over their infrastructures, catering to sectors that manage sensitive data. Meanwhile, Cloud-Based services are gaining traction due to their scalability and flexibility, enabling companies to adapt quickly to evolving cybersecurity threats while reducing costs.

The Hybrid model, integrating both On-Premises and Cloud solutions, offers flexibility and customization for businesses looking to balance compliance and performance effectively. This segmentation reflects the industry's responsiveness to the complexities of cybersecurity in India, particularly as organizations navigate increasing digitalization and regulatory requirements.

Furthermore, with the Indian government's emphasis on enhancing cybersecurity measures, these deployment models provide a framework that aligns with national interests, driving innovation while addressing the specific challenges businesses face in securing their digital assets.Overall, understanding these dynamics within the India Managed Security Services Market provides critical insights into trends, growth drivers, and the ongoing evolution of cybersecurity strategies.

Managed Security Services Market Organization Size Insights

The India Managed Security Services Market showcases a diverse landscape shaped significantly by organization size, which plays a crucial role in determining the approach to cybersecurity solutions. With the rapid digitization and growing threat landscape, Small Enterprises are increasingly recognizing the need for robust security measures, often opting for cost-effective managed services to safeguard their operations.

Medium Enterprises, positioned between small and large players, tend to seek more comprehensive security solutions, balancing cost with increased security complexity as they scale.Meanwhile, Large Enterprises dominate the market, often leading in the adoption of advanced managed security services due to their extensive data and operations requiring sophisticated security frameworks.

This segment's growth is driven by factors such as increasing awareness of cyber threats, regulatory compliance demands, and the need for 24/7 monitoring and incident response capabilities. The segmented approach allows each type of enterprise to adopt security solutions tailored to their specific needs, thus expanding the overall revenue potential within the India Managed Security Services Market.As organizations navigate the complexities of cybersecurity, the emphasis on effective managed security services is expected to continue growing across all sizes in the Indian market.

Managed Security Services Market End Use Industry Insights

The India Managed Security Services Market encompasses various end use industries that play a crucial role in shaping the landscape of cybersecurity. The Banking, Financial Services, and Insurance (BFSI) sector leads in demand due to its need for stringent security measures to protect sensitive financial data. The healthcare industry follows closely, as it increasingly adopts digital solutions, making the protection of patient information paramount.

The IT and Telecom segments are significant players, driven by the rapid growth of digital transformation and the corresponding need for secure communication channels.Retail, with the rise of e-commerce, faces challenges related to payment fraud and customer data breaches, highlighting the necessity of robust security measures.

Government institutions, tasked with safeguarding national security and citizen information, invest heavily in managed security services to fend off cyber threats. Overall, these industries collectively demonstrate the increasing recognition of cyber threats and the demand for advanced security solutions in the India Managed Security Services Market, emphasizing the vital role these sectors play in driving growth and innovation in cybersecurity.

India Managed Security Services Market Key Players and Competitive Insights

The India Managed Security Services Market has increasingly become a focal point for organizations looking to enhance their cybersecurity posture in an era marked by rising digital threats and rapid technological advancements. This market is characterized by a wide array of service offerings which include threat detection, incident response, and compliance management, among others. As organizations in various sectors recognize the critical importance of securing their digital assets, competition among service providers has intensified

Companies are differentiating their offerings through innovations, partnerships, and specialized services designed to meet the unique requirements of different industries. Additionally, factors such as regulatory compliance, operational efficiency, and cost-effectiveness are driving firms to seek managed security service providers to mitigate risks and bolster their security frameworks. WeSecureApp has established a strong presence in the India Managed Security Services Market, focusing on innovation and customer satisfaction as its key strengths. Tailoring their services to meet the demands of a variety of clients, WeSecureApp has gained reputation for its robust service offerings, including advanced threat intelligence and real-time monitoring solutions.

The company thrives on its technical expertise and agile response times, ensuring that it maintains high service quality in a competitive landscape. Moreover, WeSecureApp’s flexibility to adapt its solutions to the ever-evolving security landscape has made it a preferred choice for many organizations across different sectors, reinforcing its reputation for reliability and effectiveness.

The strategic focus on holistic cybersecurity solutions, combined with a customer-centric approach, has offered WeSecureApp a competitive edge, enabling it to effectively navigate the complexities of India's cybersecurity environment.Tech Mahindra operates as a significant player in the India Managed Security Services Market, recognized for its extensive portfolio of cybersecurity solutions that include managed detection and response, identity and access management, and cloud security services.

Leveraging its established market presence and experienced workforce, Tech Mahindra positions itself as a trusted partner for organizations aiming to guard against cyber threats. The company has a strong network of strategic alliances and partnerships, aiding in enhancing its service offerings and market reach. Tech Mahindra has also pursued several mergers and acquisitions to strengthen its capabilities and expand its service footprint within the region, thereby enhancing its market competitiveness.

The company’s focus on delivering customized solutions, underpinned by advanced technologies, has driven its growth in the Indian market, establishing it as an influential player in the managed security space. Recognized for its operational efficiencies and innovation-driven approach, Tech Mahindra continues to play a vital role in shaping the managed security services landscape in India.

Key Companies in the India Managed Security Services Market Include

• WeSecureApp
• Tech Mahindra
• Paladion Networks
• Netsafe
• SecureLayer7
• Wipro
• Infosys
• CyberTech Systems
• eSec Forte Technologies
• HCL Technologies
• Tata Consultancy Services

India Managed Security Services Market Industry Developments

Wipro and Cyble established an alliance in August 2024 to provide enterprise clients with AI-driven cybersecurity risk management solutions. The alliance will integrate real-time threat intelligence, automated incident response, and dark-web surveillance within Wipro's CyberShield managed security framework. ([turn0search0])The "Breach Ready Security Solution" was jointly offered by Wipro and ColorTokens in March 2025 to clients in the BFSI, healthcare, manufacturing, and retail sectors of India.

This solution is based on micro segmentation, Zero Trust architecture, and managed SOC operations. ([turn0search4])Paladion Networks (a Quess Company) and Happiest Minds Technologies became prominent MSSPs in India during 2023–2024. They provide a range of sophisticated services, such as AI/ML-based threat detection, cloud security, identity and access management, and 24/7 SOC operations.

India Managed Security Services Market Segmentation Insights

Managed Security Services Market Service Type Outlook

• Managed Firewall
• Intrusion Detection System
• Unified Threat Management
• Security Information and Event Management
• Endpoint Security

Managed Security Services Market Deployment Model Outlook

• On-Premises
• Cloud-Based
• Hybrid

Managed Security Services Market Organization Size Outlook

• Small Enterprises
• Medium Enterprises
• Large Enterprises

Managed Security Services Market End Use Industry Outlook

• BFSI
• Healthcare
• ITTelecom
• Retail
• Government

 

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	1.9(USD Billion)
MARKET SIZE 2024	2.5(USD Billion)
MARKET SIZE 2035	5.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	6.504% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	WeSecureApp, Tech Mahindra, Paladion Networks, Netsafe, SecureLayer7, Wipro, Infosys, CyberTech Systems, eSec Forte Technologies, BreachLock, Cybersecurity Solutions, HCL Technologies, Saviant Consulting, Tata Consultancy Services, Quick Heal Technologies
SEGMENTS COVERED	Service Type, Deployment Model, Organization Size, End Use Industry
KEY MARKET OPPORTUNITIES	growing cyber threats awareness, increasing regulatory compliance demands, rise in cloud adoption, expanding SMB security needs, demand for advanced threat intelligence
KEY MARKET DYNAMICS	growing cyber threats, increasing regulatory compliance, rising demand for automation, shift to cloud security, evolving customer awareness
COUNTRIES COVERED	India