India Network-based Advanced Malware Analysis (NAMA) Solutions Market, Forecast to 2021

Evolving Threats and the Need to Build Cyber Resiliency Driving the Market
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Published: 22 Feb 2018

The Indian NAMA market experienced a robust YoY growth of 86.2% in 2016, achieving revenue of $20.3 million. The overall NAMA market is expected to grow at a CAGR of 40.2%, driven by the strong growth of cloud-based NAMA solutions in the next five years. The ongoing digital transformation in India that fosters the rapid adoption of cloud, along with the introduction of digital wallets and e-governance initiatives, places the country at a high risk of being exposed to cyber attacks. Several security vendors have uncovered evidence for the same, with individuals, government organizations, and the banking industry, being targeted by cyber-espionage group to launch advanced malware attack.

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