Industrial Control Systems Security Market worth 18.05 Billion US$ till 2023 | ABB , Check Point Software, Cisco, Honeywell , McAfee , FireEye , Fortinet , BHGE and Others

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Industrial Control Systems Security Market 2018 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2023. It aims at estimating the market size and the growth potential of this market across different segments, such as industry, application, solution, type, and region.

The Global Industrial Control Systems (ICS) Security Market is expected to grow from US$ 13.20 Billion in 2018 to US$ 18.05 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. Download Here Free Sample Research Report of Industrial Control Systems Security Market at https://www.reportsnreports.com/contacts/requestsample.aspx?name=270334

“The Encryption solution is expected to grow at the highest CAGR during the forecast period”
The encryption solution is expected to be the fastest growing segment in the ICS security market. The ICS security market by solution has been segmented into antimalware/antivirus, Distributed Denial of Service (DDoS) mitigation, encryption, firewall, Identity and Access Management (IAM), Intrusion Detection System/Intrusion Prevention System (IDS/IPS), security and vulnerability management, security configuration management, Security Information and Event Management (SIEM), white listing, and others.

“The Energy and utilities vertical is expected to hold the largest market share during the forecast period”
Companies in the energy and utilities vertical are adopting next-generation ICS 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. On the other hand, the manufacturing vertical is expected to grow at the highest CAGR during the forecast period.

“The Middle East and Africa (MEA) is expected to record the fastest growth rate during the forecast period”
MEA is expected to have the fastest growth rate during the forecast period, due to the wide-scale adoption of ICS 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.

Breakdown of primary participants’ profile:
• By Company Type: Tier I: 35%, TierII:55%, and Tier III: 10%
• By Designation: C-Level Executives: 60%, Directors: 25%, and Others15%
• By Region: North America: 25%, Europe: 35%, APAC: 25%, MEA: 10%and Latin America: 5%

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.

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.

Most Popular Companies 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), and Waterfall Security Solutions (Israel).

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Reason to buy this report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall ICS security market 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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