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Industrial Control Systems Security Market – Industry Size, Future Trends, Development Strategy, Growth Rate, Historical Analysis, Competitive Landscape And Forecast to 2027

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Industrial Control Systems Security Market – Industry Size, Future Trends, Development Strategy, Growth Rate, Historical Analysis, Competitive Landscape And Forecast to 2027

April 02
09:28 2021
The increasing cyber threats on critical infrastructure and the growing adoption of industrial automation and IoT are driving the demand for the market.

Market Size – USD 15.24 billion in 2019, Market Growth – CAGR of 6.9%, Market Trends – The rise in the application of smart grid technology for crucial infrastructure security.

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.

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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.

Key Market Competitors

The global Industrial Control Systems Security industry is widely fragmented due to the presence of numerous competitors across several regional and local segments of the market. These players are said to dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies operating in this market are in high competition with one another in terms of technological capabilities, product development and innovation, and product pricing strategies.

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.

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 Global Industrial Control Systems Security Market can be geographically bifurcated on the basis of regional demand, output, and estimated revenue share. The most prominent regions dictating the global market include: 

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Germany, France, Italy)
  • Asia Pacific (China, Japan, India, Korea)
  • Latin America (Brazil, Argentina, Ecuador, Chile)
  • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

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The following are the main reasons to buy the Global Industrial Control Systems Security Market report:

  1. The latest report closely evaluates the overall market size and infers on various aspects, such as the current business trends, market share, product offerings, and product share.
  2. It offers a detailed account of the end-use applications of the products & services offered by this industry.
  3. It offers an insightful analysis of the various regional segments of the market that are projected to witness enormous growth over the forecast period.
  4. Furthermore, the report covers the latest developments taking place in the market and effective business strategies implemented by the leading market rivals.

The report considers the following market growth estimation timeline:

  1. Historical Years: 2017-2018
  2. Base Year: 2019
  3. Estimated Year: 2027
  4. Forecast Years: 2020-2027

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

Chapter 5. Industrial Control Systems Security Market By Security Type Insights & Trends, Revenue (USD Billion)
    5.1. Security Type Dynamics & Market Share, 2019 & 2027
          5.1.1. Network
          5.1.2. Application
          5.1.3. Database
          5.1.4. Endpoint

Chapter 6. Industrial Control Systems Security Market By Service Insights & Trends Revenue (USD Billion)
    6.1. Service Dynamics & Market Share, 2019 & 2027
          6.1.1. Incident Response Services
          6.1.2. Support and Maintenance
          6.1.3. Managed Security Services
          6.1.4. Consultation and Integration
          6.1.5. Training and Development

Chapter 7. Industrial Control Systems Security Market By Solution Insights & Trends Revenue (USD Billion)
    7.1. Solution Dynamics & Market Share, 2019 & 2027
          7.1.1. Identity & Access Management
          7.1.2. Distributed Denial of Service Solution
          7.1.3. Firewall
          7.1.4. Unified Threat Management
          7.1.5. Antivirus/Anti-Malware
          7.1.6. SCADA Encryption
          7.1.7. Virtualization Security
          7.1.8. Security Information and Event Management
          7.1.9. Intrusion Detection & Prevention
          7.1.10. Data Loss Prevention
          7.1.11. Others

CONTINUED…!!

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Thank you for reading our report. To know more about the report, please connect with us, and our team will ensure the report is customized to meet your requirements.

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