The global Industrial Control Systems (ICS) Security Market is projected to grow from USD 17.1 billion in 2020 to USD 25.72 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period. Industrial control systems (ICS) security is defined as the use of programmable logic controllers to govern localised operations in distributed control systems and smaller control systems. Distributed control systems and smaller control systems employing programmable logic controllers are used to operate locally scattered assets, while supervisory control and data acquisition systems are used to govern regionally spread assets.
The market is expected to develop due to the increasing implementation of IoT and automation technologies in industries. Increased investments in cloud computing and smart grid deployments for critical infrastructure protection in sectors, as well as a more comprehensive security framework, will boost market expansion even further. Increased need for process variables and automation, such as control valves and remote sensors/control, has exposed current infrastructure to cyber-attacks, jeopardising the integrity of crucial data and driving the ICS security industry.
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This Survey report covers the major market insights and industry approach toward growth in the upcoming years. The Industrial Control Systems Security market report presents data and information on the development of the investment structure, technological improvements, market trends and developments, capabilities and comprehensive information on the key players of the Industrial Control Systems Security market. The worldwide market strategies undertaken, with respect to the current and future scenario of the industry, have also been listed in the study.
The study addresses the elements driving the worldwide Industrial Control Systems Security Market. Traders and investors can use this data to strategize to increase market share and newcomers can use it to locate opportunities and grow in the business. There are also some restrictions on the expansion of this market. The Industrial Control Systems Security Market study also provides company biographies, SWOT analysis and business strategies for major industry players. In addition, the research focuses on key industry players, providing details such as business descriptions, skills, current financials and company advancements.
The report begins with a brief presentation and overview of the Industrial Control Systems Security market, about the current market landscape, market trends, major market players, product type, application and region. It also includes the impact of COVID-19 on the global Industrial Control Systems Security market trends, future forecasts, growth opportunities, end-user industries and market players. It also provides historical data, current market scenarios and future insights into the Industrial Control Systems Security market. This study provides a comprehensive understanding of market value with the product price, demand, gross margin and supply of the Industrial Control Systems Security market. The competitive perspective section of the report presents a clear insight into the market share analysis of the major players in the industry.
Global Industrial Control Systems Security Market Segmentation:
The key players covered in this study
ABB Ltd.
Belden Inc.
Check Point Software Technologies Ltd.
Cisco Systems, Inc.
Fortinet, Inc.
General Electric Company
Honeywell International, Inc.
McAfee LLC
Siemens AG
FireEye, Inc.
Carbon Black, Inc.
SecurityMatters.
Market segment by Type, the product can be split into
Network Security
Application Security
Endpoint Security
Database Security
Market segment by Application, split into
Power and Energy
Critical Manufacturing
Mining
Water Utility
Transportation
Chemical
Others
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The key points of the report:
1. The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
2. The report explores the international major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, market shares for each company.
3. Through the statistical analysis, the report depicts the global total market of Industrial Control Systems Security industry including capacity, production, production value, cost/profit, supply/demand import/export.
4. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5. The report then estimates 2022-2028 market development trends of Industrial Control Systems Security industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.
6. The report makes some important proposals for a new project of Industrial Control Systems Security Industry before evaluating its feasibility.
According to the new market "Industrial Control Systems (ICS) Security Market by Component, Solution (Antimalware/Antivirus, DDoS Mitigation, Encryption, Firewall, IDPS, Security and Vulnerability Management), Service, Security Type, Vertical, and Region - Global Forecast to 2025", is projected to grow from USD 15.8 billion in 2020 to USD 22.2 billion by 2025, at a CAGR of 7.0% during the forecast period.
The major growth drivers for the market include the increasing number of security breaches and cyberattacks on ICS infrastructure and strict regulatory compliances toward the adoption of ICS services.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1273 Browse 260 market data Tables and 53 Figures spread through 287 Pages and in-depth TOC on "Industrial Control Systems (ICS) Security Market - Global Forecast to 2025"By component, solutions segment to lead the market in 2020In the post-COVID-19 scenario, the solutions segment is expected to dominate the ICS security market during the forecast years.
Organizations are now dedicating resources to protecting their ICS assets, which include Supervisory Control and Data Acquisition (SCADA) programs, against intentional or accidental security threats.
This is expected to drive the market growth in the solutions segment.North America is expected to hold the largest market size during the forecast period.North American has sustainable and well-established economies, which empower it to invest significantly in Research and Development (R) activities, thereby contributing to the development of new technologies in the ICS security market.
Key players, such as Cisco, Lockheed Martin, Honeywell, Palo Alto Networks, FireEye, and Raytheon Company, along with several start-ups in the region, offer ICS security solutions and services.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1273Market PlayersThe major vendors covered in the ICS security market report include Cisco (US), ABB (Switzerland), Lockheed Martin (US), Fortinet (US), Honeywell (US), Palo Alto (US), Belden (US), BAE Systems (UK), Raytheon Company (US), FireEye (US), Darktrace (US), Check Point (Israel), Kaspersky (Russia), Sophos (UK), CyberArk (US), Airbus (France), Claroty (US), Indegy (US), Bayshore Networks (US), Dragos Security (US), Nozomi Networks (US), Cyberbit (Israel), and CyberX (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
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