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Industrial Control Systems Security Market Growth Prospects 2023 and Projected to Reach US$ 18.05 Billion
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The Global Industrial Control Systems (ICS) Security Market is expected to grow from US$ 13.20 billion in 2018 to USD 18.05 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. The ICS security market growth is driven by various factors, including huge investments by organizations in Industry 4.0, convergence of Information Technology (IT) and Operational Technology (OT), and rise in the number of cyber threats on the critical infrastructure.
Top Key Players in the “Industrial Control Systems Security Market” include are
• ABB (Switzerland)
• Check Point Software (Israel)
• Cisco (US)
• Honeywell (US)
• McAfee (US)
• FireEye (US)
• Fortinet (US)
• BHGE (US)
• Kaspersky Lab (Russia)
• Belden (US)
• Airbus (France)
• BAE Systems (UK)
• Bayshore Networks (US)
• Dragos (US)
• CyberArk (US)
• Cyberbit (Israel)
• Indegy (US)
• Nozomi Networks (US)
• Palo Alto Networks (US)
• Rockwell Automation (US)
• Schneider Electric (France)
• Security Matters (Netherlands)
• Sophos (US)
• Symantec (US)
• Positive Technologies (US)
• Waterfall Security Solutions (Israel)
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Companies in the energy and utilities vertical are adopting next-generation Industrial Control Systems Security solutions and services to safeguard the industrial network, endpoint, application, data, and cloud environment. Energy and utilities plants and organizations are highly prone to cyber-attacks and physical attacks. Any cyber-attack can bring down the entire plant and result in health hazards, environmental hazards, and huge financial loss.
MEA is expected to have the fastest growth rate during the forecast period, due to the wide-scale adoption of industrial control systems security solutions in every vertical in the region for protecting the network infrastructure, applications, and other critical infrastructure from vulnerabilities and preventing attackers from exploiting security flaws to illegally access critical information. Key MEA countries that are showing high adoption of ICS security solutions and services include the Kingdom of Saudi Arabia (KSA), United Arab Emirates (UAE), Israel, and South Africa.
Study Objectives:
The objective of the report is to define, describe, and forecast the industrial control systems security market by solution, service, security type, vertical, and region. The report analyzes the opportunities in the market for stakeholders by identifying the high-growth segments of the market. It profiles the key players of the market and comprehensively analyzes their core competencies, such as new product launches, partnerships, agreements, and collaborations.
A Discount can be asked before order a copy of Industrial Control Systems Security Market report spread across 193 Pages, profiling 26 companies and supported with tables and figures @ https://www.reportsnreports.com/contacts/discount.aspx?name=270334 .
Target Audience for Industrial Control Systems Security Market
• Cloud providers
• Networking solution providers
• Cybersecurity vendors
• Research organizations
• Software vendors
• System integrators
• Suppliers, distributors, and contractors
• Investors and venture capitalists
• Service providers and distributors
• IT security agencies
• VARs
Reason to buy this report:
Industrial Control Systems Security Market report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Industrial Control Systems security industry and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their business and plan suitable go-to-market strategies.
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