Industrial Cybersecurity is the Fastest Growing Segment Fueling the Growth of Industrial Control Systems (ICS) Market

According to research report "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=1273Browse 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.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1273North 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.Market 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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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 research report by Emergen Research, named ‘Global Industrial Control Systems Security Market - Forecast to 2027’, entails a comprehensive review of the global Industrial Control Systems Security market’s present and future trends.

The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.

The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.To get a sample copy of the Global Industrial Control Systems Security Market report, visit @ https://www.emergenresearch.com/request-sample/171Market Taxonomy:Chapter 1: Methodology & ScopeDefinition and forecast parametersMethodology and forecast parametersData SourcesChapter 2:Executive SummaryBusiness trendsRegional trendsProduct trendsEnd-use trendsChapter 3:Industry InsightsIndustry segmentationIndustry landscapeVendor matrixTechnological and innovation landscapeChapter 4:Regional LandscapeChapter 5:Company ProfileBusiness OverviewFinancial DataProduct LandscapeStrategic OutlookTo learn more details about the Global Industrial Control Systems Security Market report, visit @ https://www.emergenresearch.com/industry-report/industrial-control-systems-security-marketGlobal 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)NetworkApplicationDatabaseEndpointService Outlook (Revenue, USD Billion; 2017-2027)Incident Response ServicesSupport and MaintenanceManaged Security ServicesConsultation and IntegrationTraining and DevelopmentSolution Outlook (Revenue, USD Billion; 2017-2027)Identity & Access ManagementDistributed Denial of Service SolutionFirewallUnified Threat ManagementAntivirus/Anti-MalwareSCADA EncryptionVirtualization SecuritySecurity Information and Event ManagementIntrusion Detection & PreventionData Loss PreventionOthersEnd-Use Outlook (Revenue, USD Billion; 2017-2027)TransportationPower & EnergyHealthcareManufacturingOil & GasOthersLeading Players Profiled in the Report: 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.Key questions addressed in the report:What are the key factors driving the global Industrial Control Systems Security market?Who are the key manufacturers in this market space?Who are the distributors, traders and dealers of this market?What are the market opportunities and risks affecting the performance of the vendors in the global Industrial Control Systems Security market?What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?Region wise performance of the Industrial Control Systems Security industryNorth America Industrial Control Systems Security market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028.

In addition, North America Industrial Control Systems Security market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.Asia Pacific registered fastest revenue CAGR in 2020, and the Industrial Control Systems Security market forecast is that this trend is expected to continue going ahead.