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.
Get Free Sample link @ https://www.omrglobal.com/request-sample/indian-optical-encryption-market
Indian optical encryption market is segmented on the basis of the encryption layer and vertical. Based on the encryption layer, the market is further segmented into Layer 1, Layer 2, and Layer 3. Based on vertical, the market is further segmented into military & defense, BFSI, healthcare, retail, transportation, IT & telecom, and others. BFSI sector extensively deploys optical encryption to protect their customers, meet government and industry data security compliance standards. Therefore the BFSI segment has significant share in the Indian optical encryption market. Moreover, the significant number of data centers, increasing data traffic over the telecom and IT sector coupled with rising cyber threats are augmenting the need for optical encryption solutions in the IT and telecom sector.
A full report of Indian Optical Encryption Market available @ https://www.omrglobal.com/industry-reports/indian-optical-encryption-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Indian Optical Encryption Market by Encryption Layer
- Layer 1
- Layer 2
- Layer 3
Indian Optical Encryption Market 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
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.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-optical-encryption-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
