Statistics by different placement consultants and job portals reveal a growing demand for security professionals in the coming years. According to a recent Nasscom study, conducted by the research firm IDC, the demand for Cyber Security professionals is 18,000 and 60,000, in India and worldwide respectively. This is estimated to grow to over 77,000 in India and 188,000 worldwide by 2008. Thus, the requirement, which presently accounts for about 3 percent of overall IT workforce demand, will rise to around 5-6 percent in 2008
Cyber Security market certainly has major potential India. From a skill or function, which was regarded as a poor cousin of IT professionals, the IS talent pool today commands respect.
Prominent signs of this impending demand are already visible for past couple of years. Out of a total 5, 00,000 IT jobs advertised, a large percentage of Cyber Security jobs have substantially raised in past one year.
A few information security services are have a higher demand. For example, the demand for professionals catering to software security services is expected to increase at a Compound Annual Growth Rate of 27 percent between 2001 and 2008, with security management services showing healthy growth at 33 percent. Besides, some other areas that are witnessing a higher demand for IS professionals are in—Cyber Security policy creation, firewall configuration, Operating System administration, IS audits and disaster recovery and planning.
India is on the verge of a technology revolution and the driving force behind the same is the acceptance and adoption of Computers , Information Technology (IT) and its benefits. The information technology is a double edge sword, which can be used for destructive as well as constructive work.