Indian optical encryption market is estimated to grow significantly at a CAGR of around 10.1% during the forecast period. The major factors that propels the market growth include increasing number of cyberattacks in the country. In March 2019, Pakistani hackers targeted nearly 100 government websites and critical systems of India, following an attack on Indian military forces in Kashmir. In October 2019, the Kudankulam nuclear power plant of India was hacked with the use of malware designed for data extraction which has been connected with Lazarus Group that has been attributed to the North Korean government. Most of the organizations such as BFSI, manufacturing, education, military and defense, and retail have been upgrading their network infrastructure to prevent cyber thefts that further propels the market growth in the country.
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The Report Covers
• Comprehensive research methodology of the Indian optical encryption market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Indian optical encryption market.
• Insights about market determinants which are stimulating the Indian optical encryption market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
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Indian Optical Encryption Market Segmentation
By Encryption Layer
• Layer 1
• Layer 2
• Layer 3
By Verticals
• Military & Defense
• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• Retail
• Transportation
• Telecom & IT
• Others (Energy & Utilities)
Company Profiles
• Ciena Corp.
• Cisco Systems, Inc.
• CenturyLink, Inc.
• Ericsson AB
• ECI Telecom Ltd.
• Huawei Technologies Co., Ltd.
• Infinera Corp.
• Nokia Corp.
• PacketLight Networks Ltd.
• ZTE Corp.
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