The global Industrial Control Systems Security Market is forecasted to be worth USD 25.12 Billion by 2027, according to a current analysis by Emergen Research. The industrial control system security market is expected to grow substantially over the forecast period owing to the rising cyber threats like Night Dragon Operation and Stuxnet in various industries. The growing smart grid implementations, cloud technology for essential infrastructure security, and increasing corporate investment on industrial control systems are expected to further boost the market growth.
The latest report is touted as the first study covering the current Industrial Control Systems Security market situation gravely impacted by the COVID-19 outbreak. The market intelligence report analyzes the drastic impact of the pandemic on the global economy. The coronavirus outbreak has beleaguered the Industrial Control Systems Security business landscape, thereby impeding various manufacturers’ and buyers’ developmental scope in this sector. The report discusses the pandemic’s impact on the existing market scenario, accompanied by speculations about the Industrial Control Systems Security marketin the post-COVID-19 scenario.
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Key Highlights From The Report
- Owing to significant benefits such as enhanced security controls, improved cybersecurity, vulnerability prevention, enhanced monitoring, quick and simple implementation, effective integration with networks, the endpoint security segment held the largest market with a share of 32.7% in 2019 in the industrial control systems security market.
- The consultancy and integration segment is anticipated to dominate the market over the forecast period owing to benefits such as improved efficiency, centralized, safe storage, easy operation, time and cost-efficiency, real-time connectivity, and transparency.
- The Identity and Access Management segment is expected to dominate the market during the forecast period, as it includes programs such as password management, user provisioning, and improved encryption that allow users to access and manage network access.
- Key participants include BAE Systems plc, Cisco Systems, Inc., Honeywell International Inc., Claroty Ltd., CyberArk, Airbus SE, Palo Alto Networks, Inc., Sophos Group plc, ABB Inc., and Indegy Ltd. among others.
Industrial Control Systems Security Market Segmentation:
Emergen Research has segmented the global Industrial Control Systems Security Market on the basis of security type, service, solution, end-use, and region:
- Security Type Outlook (Revenue, USD Billion; 2017-2027)
- Network
- Application
- Database
- Endpoint
- Service Outlook (Revenue, USD Billion; 2017-2027)
- Incident Response Services
- Support and Maintenance
- Managed Security Services
- Consultation and Integration
- Training and Development
- Solution Outlook (Revenue, USD Billion; 2017-2027)
- Identity & Access Management
- Distributed Denial of Service Solution
- Firewall
- Unified Threat Management
- Antivirus/Anti-Malware
- SCADA Encryption
- Virtualization Security
- Security Information and Event Management
- Intrusion Detection & Prevention
- Data Loss Prevention
- Others
- End-Use Outlook (Revenue, USD Billion; 2017-2027)
- Transportation
- Power & Energy
- Healthcare
- Manufacturing
- Oil & Gas
- Others
The regional analysis of the Industrial Control Systems Security market mainly focuses on the key regions and regional market in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.It evaluates the presence of the global Industrial Control Systems Security market in the major regions with regards to market share, market size, revenue contribution, sales network, and distribution channel, and other key elements.
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Key points covered in the report:
- The report provides the reader with a detailed study of the global Industrial Control Systems Security market, including essential data beneficial for business.
- The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
- A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
- It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Industrial Control Systems Security Market Segmentation & Impact Analysis
4.1. Industrial Control Systems Security Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing cyber threats on critical infrastructure
4.2.2.2. Growing adoption of industrial automation and IoT
4.2.3. Market restraints analysis
4.2.3.1. Complexities of implementing and updating industrial control systems
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
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