Press release
Smart Grid Security Market 2018 - Cisco Systems, Elster Solutions, Intel Security, N-Dimension Solutions, IBM Corporation, Symantec Corporation, Leidos, Siemens AG, Alertenterprise, BAE Systems PLC
A smart grid is an electrical grid which includes a variety of operational and energy measures including smart meters, smart appliances, renewable energy resources, and energy efficient resources. A smart grid, being online, can be vulnerable to various cyber attacks. Benefits of smart grid security system include - reduced system vulnerability to physical attack or cyber attack, operating resiliency against security disruptions, secure access and data privacy for smart grid information, optimized network reliability, computing, and operational support for grid communications, and establishment of a framework for compliance.The Global Smart Grid Security Market was valued at USD 4.45 billion in 2016 and is projected to reach USD 11.06 billion by 2025, growing at a CAGR of 10.65% from 2017 to 2025.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Evolution and development of smart grids
1.2 Integration of smart grid IT and cyber security solutions
1.3 Growing cyber attacks
1.4 Requirements of regulations and standards
2. Market Restraints
2.1 Maintaining cyber security standards
2.2 Lack of security awareness among smart grid stakeholders
Market Segmentation:
The Global Smart Grid Security Market is segmented on the security type, component, deployment model, subsystem, and region.
1. By Security Type:
1.1 Application security
1.2 Endpoint security
1.3 Database security
1.4 Network security
2. By Component:
2.1 Solution
2.1.1 Identity and Access Management (IAM)
2.1.2 Antivirus and antimalware
2.1.3 Encryption
2.1.4 Firewall
2.1.5 Distributed Denial of Service (DDoS)
2.1.6 Security and vulnerability management
2.1.7 Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
2.2 Service
2.2.1 Managed Service
2.2.2 Professional Service
2.2.2.1 Training and education
2.2.2.2 Consulting services
2.2.2.3 Support and maintenance
3. By Deployment Model:
3.1 Cloud-based
3.2 On-premise
4. By Subsystem:
4.1 Demand response
4.2 Supervisory Control and Data Acquisition (SCADA)/Industrial Control System (ICS)
4.3 Home energy management
4.4 Advanced metering infrastructure
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
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Competitive Landscape:
The major players in the market are as follows:
1. Cisco Systems, Inc.
2. Elster Solutions
3. Intel Security (Mcafee)
4. N-Dimension Solutions, Inc.
5. IBM Corporation
6. Symantec Corporation
7. Leidos
8. Siemens AG
9. Alertenterprise
10. BAE Systems PLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Table of Content
1.INTRODUCTION OF GLOBAL SMART GRID SECURITY MARKET
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
4 GLOBAL SMART GRID SECURITY MARKET OUTLOOK
5 GLOBAL SMART GRID SECURITY MARKET, BY SECURITY TYPE
6 GLOBAL SMART GRID SECURITY MARKET, BY COMPONENT
7 GLOBAL SMART GRID SECURITY MARKET, BY DEPLOYMENT MODEL
8 GLOBAL SMART GRID SECURITY MARKET, BY SUBSYSTEM
9 GLOBAL SMART GRID SECURITY MARKET, BY GEOGRAPHY
10 GLOBAL SMART GRID SECURITY MARKETCOMPETITIVE LANDSCAPE
11 COMPANY PROFILES
12 Appendix
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