The Global Smart Grid Security Market is projected to reach USD 11.06 billion by 2025, growing at a CAGR of 10.65% from 2017 to 2025 and top key players are Cisco Systems, Inc. , Elster Solutions , Intel Security (Mcafee) , N-Dimension Solutions, Inc. , I

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. 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.

Request For Free Sample- https://www.kennethresearch.com/sample-request-10059596

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

Buy Now- https://www.kennethresearch.com/report-purchase-id-10059596

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

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.

Read More- https://www.kennethresearch.com/report-details/global-smart-grid-security-market/10059596

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

This release was published on openPR.