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.