Industrial Control Systems Security Market Key Analysis on SCADA encryption, firewalls, identity & access management, virtualization security, endpoint protection, network security

Industrial Control Systems (ICS) Security market is projected to surpass USD 7 billion by 2024. Industrial control system encompasses different types of control systems in the industrial environment including Distributed Control Systems (DCS), Supervisory Control and Data Acquisition (SCADA) systems, and configurations such as Programmable Logic Controllers (PLC). An ICS comprises different mechanical, pneumatic, electrical, and hydraulic components that function together to facilitate the completion of industrial objectives such as the transportation or manufacturing of energy or matter.

The prime objective of Industrial Control Systems (ICS) Security Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.

Advanced technologies in Artificial Intelligence (AI) and machine learning are emerging as effective tools to facilitate improved ICS security against sophisticated cyber threats. By using the real-time data monitoring with automated response and orchestration, these solutions offer an enhanced value compared to the legacy systems that function on the human-intervention based response.

This report focuses on the top Manufacturers and players in global market are given bellow:-

SCADA encryption, firewalls, identity & access management, virtualization security, endpoint protection, network security, secure media exchange, and managed ICS security services

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Securing ICS components from the risks of cyber-attacks is highly critical as the consequences of cyber incidents in an industrial environment can be far more severe than the associated financial losses. Some of these consequences include a long-lasting impact on the environment, fines from regulators or partners or customers, who have been put at risk, and loss of a service or a product due to a data breach. As industrial cyber-attacks are becoming common, it is one of the most critical concerns for industries to identify and assess risks and establish the necessary policies and procedures to manage those risks effectively.

The ICS security market is projected to register a CAGR of over 20% between 2018 and 2024. The growth is attributed to the increasing incidents of cyber-attacks on critical infrastructure industries and consistent increase in the number of vulnerabilities detected in ICS components globally with government policies to ensure a robust IT security framework for National Critical Infrastructure (NCI) protection. The increasing need to secure industrial IT infrastructure from internal threats will contribute to the growing awareness related to ICS security over the forecast timeline. Using ICS security, companies can minimize the potential exposure to threats arising from internal resources by preventing access violations from unauthorized users. IT administrators can implement policies to determine, who can gain access to the applications and control systems equipment by centrally managing the user authentication and authorization.

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Industrial Control Systems (ICS) Security Market Size By Security Type

Network Security, Application Security, Endpoint Security, Database Security

By Component

Solution [Firewall, SCADA Encryption, Antivirus/Anti-Malware, Intrusion Detection & Prevention, Identity & Access Management {IAM}

Distributed Denial of Service {DDoS} Solution, Data Loss Prevention {DLP}, Virtualization Security, Security Information and Event Management {SIEM}, Unified Threat Management {UTM}], Service [Managed Service, Integration & Consulting, Audit & Reporting, Risk Management]), By Application (Power and Energy, Critical Manufacturing, Mining, Water Utility, Transportation, Chemical),

Industry Analysis Report, Regional Outlook

U.S., Canada, UK, Germany, France, Italy, Spain, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Brazil, Mexico, Argentina, GCC, South Africa)

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