According to a survey conducted in 2021, Indian organizations are expected to increase their cybersecurity budgets in the coming years. About 12 percent of the respondents reported spending a major portion of their budget on cutting down on outdated equipment and switching to next generation technology. Meanwhile, adopting cloud technology and rationalizing supply chain were the other common spending initiatives for businesses.
Distribution of cybersecurity spending within Indian organizations as of August 2021, by type
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PwC India. (March 8, 2022). Distribution of cybersecurity spending within Indian organizations as of August 2021, by type [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1349791/india-cybersecurity-spending-by-type/
PwC India. "Distribution of cybersecurity spending within Indian organizations as of August 2021, by type." Chart. March 8, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1349791/india-cybersecurity-spending-by-type/
PwC India. (2022). Distribution of cybersecurity spending within Indian organizations as of August 2021, by type. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1349791/india-cybersecurity-spending-by-type/
PwC India. "Distribution of Cybersecurity Spending within Indian Organizations as of August 2021, by Type." Statista, Statista Inc., 8 Mar 2022, https://www.statista.com/statistics/1349791/india-cybersecurity-spending-by-type/
PwC India, Distribution of cybersecurity spending within Indian organizations as of August 2021, by type Statista, https://www.statista.com/statistics/1349791/india-cybersecurity-spending-by-type/ (last visited January 08, 2025)
Distribution of cybersecurity spending within Indian organizations as of August 2021, by type [Graph], PwC India, March 8, 2022. [Online]. Available: https://www.statista.com/statistics/1349791/india-cybersecurity-spending-by-type/
