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The antivirus market share in India is expected to increase by USD 87.58 million from 2021 to 2026, and the market's growth momentum will decelerate at a CAGR of 7.61%.
This market research report of India provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers antivirus market segmentation in India by product (laptop, desktop, and mobile/tablet) and end-user (enterprise, individual, and government). The market report of India also offers information on several market vendors, including AO Kaspersky Lab, BD Software Distribution Pvt Ltd., ESET Spol Sro, F-Secure Corp., McAfee Corp., NortonLifeLock Inc., Quick Heal Technologies Ltd., Sophos Ltd., Trend Micro Inc., and Webroot Inc. among others.
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The increase in the use of mobile devices is notably driving the antivirus software market growth in India, although factors such as complex infrastructure may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the antivirus industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Antivirus Market Driver in India
One of the key factors driving growth in the market in India is the increase in the use of mobile devices. With the increasing adoption of mobile devices, such as mobile phones, laptops, and tablets, the need for antivirus is increasing. Access to the Internet through such devices is increasing the chances of cyber threats. The use of mobile devices for personal and professional use increases access to critical data and information, which, in turn, raises the chance of unauthorized access in case of a stolen mobile device. Confidential information accessed by mobile devices requires high-level security against hacking. Users are increasingly adopting cyber security solutions to ensure data and network security.
Key Antivirus Market Challenge in India
The complex IT infrastructure will be a major challenge for the market in India during the forecast period. The IoT has a high scope of growth and acceptance, as it enhances the connectivity among devices and facilitates the process of M2M communication. However, this has resulted in a complex IT infrastructure, which connects cloud computing, big data, and mobile devices, leading to a network of devices with a lack of security features. Organizations are finding it difficult to provide maximum security and service to their businesses. In addition, engaging in a broad range of activities such as e-commerce, online transactions, online payments, and financial transactions has made the network more vulnerable to attacks, as large-scale financial information is involved in such networks. Therefore, maintaining security and confidentiality in such a complex network infrastructure is a challenge for market vendors.
This market analysis report of India also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the market in India encompasses successful business strategies deployed by the key vendors. The antivirus software market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The market in India forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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The market share growth in India by the laptop segment will be significant during the forecast period. The major factors contributing to the growth of global antivirus software packages in laptops are enterprise mobility, a surge in the number of mobile devices, a rise in malware attacks on mobile devices, and the high use of the Internet on mobile devices. The laptop market will show tremendous growth in the future. The decreasing laptop prices result in the increasing adoption of these devices, which, in turn, will fuel the growth of the market in India.
This report provides an accurate prediction of the contribution of all the segments to the growth of the antivirus software market size in India and actionable market insights on post COVID-19 impact on each segment.
Antivirus Market Scope in India |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 7.61% |
Market growth 2022-2026 |
$ 87.58 million |
Market structure |
Fragmented |
YoY growth (%) |
8.97 |
Regional analysis |
India |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
AO Kaspersky Lab, BD Software Distribution Pvt Ltd., ESET Spol Sro, F-Secure Corp., McAfee Corp., NortonLifeLock Inc., Quick Heal Technologies Ltd., Sophos Ltd., Trend Micro Inc., and Webroot Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
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