2023: India's cybersecurity market at $6bn, global spending at $200bn, Indian startups poised for growth.

India's cybersecurity market has grown at a 25% CAGR since 2019, reaching $6bn in 2023. With global spending on cybersecurity projected to hit $200bn this year, Indian cybersecurity startups are poised for steady growth. Accel's Prayank Swaroop highlighted this potential at the Accel Cybersecurity Summit 2024, where he said Indian startups are set to make a global impact amid rising global cybersecurity spending.

July 25, 2024
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