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:
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:
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The following are the main reasons to buy the Global Industrial Control Systems Security Market report:
The report considers the following market growth estimation timeline:
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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