openPR Logo
Press release

Critical Infrastructure Protection Market Expected to Grow $152.3 billion by 2025

05-13-2020 11:50 AM CET | IT, New Media & Software

Press release from: MarketsandMarkets(TM)

Critical Infrastructure Protection Market, Critical Infrastructure Protection

Critical Infrastructure Protection Market, Critical Infrastructure Protection

According to research report "Critical Infrastructure Protection Market by Component, Solution (Physical Safety and Security (Video Surveillance Systems, Screening and Scanning], Cybersecurity [Encryption, Threat Intelligence)), Vertical, and Region - Global Forecast to 2025" The Critical Infrastructure Protection (CIP) market size is projected to grow from USD 128.9 billion in 2020 and expected to reach USD 152.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period.

The rising instances of security breaches and increasing number of attacks that pose a threat to physical systems are anticipated to be major market drivers. Additionally, the need to adopt necessary steps in advance for securing the overall security infrastructure and technological advancements in terms of video analytics, Chemical, Biological, Radiological, Nuclear and Explosive (CBRNE) detections, and Radio Detection And Ranging (RADARS) have bolstered the potential use cases across verticals.

Browse 106 market data Tables and 38 Figures spread through 189 Pages and in-depth TOC on "Critical Infrastructure Protection Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/critical-infrastructure-protection-cip-market-988.html

By component, the solutions segment to hold a larger market size during the forecast period

CIP includes physical safety and security, such as physical identity and access control, video surveillance as well as cybersecurity, such as threat intelligence, network access control and firewalls. CIP is mostly provided as a solution as critical infrastructures contain sensitive information. For securing information, governments and other critical infrastructures prefer deploying these solutions on their premises so that the controls remain in the hands of their in-house team of technical experts. Hence, the solutions segment is expected to be a larger segment during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=988

Telecom vertical to be the fastest-growing vertical during the forecast period

Telecom is the most important vertical as they are the first resources to be used in case of emergencies to contact the first respondents. The physical as well as cybersecurity of telecommunications is very important. With the increased trend of Bring Your Own Device (BYOD) and Carry Your Own Device (CYOD), several hackers are making use of mobile networks for sending malicious emails as well as messages to users to infect devices as well as networks. Also in case of intrusions during communication, sensitive data is susceptible to cyberattacks and its protection is of the highest priority for organizations. Hence, it is very important to secure the telecommunication networks as frequent repairing can be costly as well as prove to be a disadvantage for its users.

North America to hold the highest market share during the forecast period

North America has sustainable and well-established economies, which empower it to invest significantly in Research and Development (R&D) activities, thereby contributing to the development of new technologies in the CIP market. The presence of key players is expected to be the major factor driving the growth of the market in this region. Companies, such as Lockheed Martin, General Dynamics, and Northrop Grumman along with several startups in the region offer CIP solutions and services to cater to the needs of customers.

Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=988

Market Players

The major vendors covered in the critical infrastructure protection market include BAE Systems (UK), Lockheed Martin (US), General Dynamics (US), Northrop Grumman (US), Honeywell (US), Airbus (France), Raytheon (US), Thales (France) , Hexagon AB (Sweden), Johnson Controls (US), Huawei (China), Optasense (England), Teltronic (Spain), Motorola Solutions (US), Axis Communications (Sweden), Waterfall Security Solutions (Israel), Rolta (India), SCADAfence (Israel), Tyco International (Ireland), and 3xLogic (US).

Contact:
Mr. Aashish Mehra
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets(TM)

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Critical Infrastructure Protection Market Expected to Grow $152.3 billion by 2025 here

News-ID: 2043930 • Views: 247

More Releases from MarketsandMarkets(TM)

Casino Management Systems Market predicted to obtain $13.7 billion by 2025
According to a new market research report "Casino Management Systems Market by Component (Solutions and Services), Application (Accounting, Security and Surveillance, Player Tracking, Hotel and Hospitality, Analytics, and Digital Content Management), End User, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size projected to grow from USD 6.4 billion in 2020 to USD 13.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.4%
5G Core Market extrapolated to obtain $ 9,497 million by 2025
According to a new market research report "5G Core Market by Component (Solutions and Services), Network Function (Access and Mobility Management Function, Policy Control Function, Unified Data Management), Deployment Model (Cloud and On-premises), End User, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the 5G core market size projected to grow from USD 630 million in 2020 to USD 9,497 million by 2025, at a Compound Annual Growth
IoT in Healthcare Market worth $188.2 billion by 2025
According to a new market research report "IoT in Healthcare Market by Component (Medical Device, Systems & Software, Services, and Connectivity Technology), Application (Telemedicine, Connected Imaging, and Inpatient Monitoring), End User, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size expected to grow from USD 72.5 billion in 2020 to USD 188.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.0% during the
Affective Computing Market revenues to gain $140.0 billion by 2025
According to a new market research report "Affective Computing Market by Technology (Touch-based and Touchless), Component (Software (Speech Recognition and Gesture Recognition) and Hardware (Sensors, Cameras, and Storage Devices and Processors)), Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the affective computing market size in the post-COVID-19 scenario is projected to grow from USD 28.6 billion in 2020 to USD 140.0 billion by 2025, at a CAGR

All 5 Releases


More Releases for Critical

Critical Limb Ischemia Market Pipeline Insight, 2019
"Critical Limb Ischemia - Pipeline Insight, 2019” report offers comprehensive Insight of the pipeline (under development) therapeutics scenario and growth prospects across Critical Limb Ischemia development. The report provides detailed coverage of the pipeline landscape for this mechanism of action, equipped with data from multiple sources with complete pipeline analysis by developmental stage, associated indications, route of administration and molecule type. Get Discount on this Research Report at https://www.reportsnreports.com/contacts/discount.aspx?name=1336639 Pipeline Products
Critical Communication Market Identifying Latent Threats 2025
Global Critical Communication Market: Overview Considering the range adaptability, execution measurements and growing community of versatile broadband services, the need for critical communication can be recognized effectively. Critical communication is a term characterized for communication where regular systems can't meet particular prerequisites of the end-client. Critical communications clients incorporate transportation, oil and gas, utilities, mission-critical sections and other crisis services. Versatile broadband for critical communication are significantly utilized for security concerns
UK Protection Insurance: Critical Illness & Income Protection
Summary Individual product performance in the protection market is a turbulent and confusing picture, with erratic premium behavior across the board. While term (and specifically non-mortgage term) products are still the dominant force with over 70% of protection share, there has been downward pressure on every product line in recent times, reflecting the uncertain, fragile national macroeconomic picture. Indeed, in the absence of major market-driven change it is the macro-environment that
Critical Path Management Hires Consultant Peter Schrandt
Arisdyne Systems, Inc. to Benefit from Schrandt’s Focus on Controlled Flow Cavitation Technology GLEASON, WI (January 30, 2013) – Critical Path Management LLC (CPM), provider of process consulting and construction management services for the ethanol and process industry, recently welcomed Peter Schrandt to the CPM team. Schrandt’s responsibilities will be as project manager for the full range of CPM clients and services with his initial focus directed towards business development
Critical Group launches Critical Management Consulting
Lisbon, January 18th, 2012 – The Critical Group today announced its expansion into the field of management consulting. The new company, Critical Management Consulting (CMC), will advise and support its clients on strategic decision-making, business planning and executing change and performance improvement measures. Headquartered in Portugal, CMC aims at developing a significant share of its business activities in international markets, especially in Portuguese-speaking countries like Angola, Brazil, Cape Verde and Mozambique,
APO Safeguards Critical IT Projects
SoftStream is proud to announce the launch of Automated Project Office (APO) in the United Kingdom and Northern Ireland. SoftStream is providing a proven solution to IT departments of large and midsized companies across the world. APO is a Software as a Service (SaaS) solution that makes it easy to successfully implement IT projects. APO enables IT managers and executives to improve resource performance, slash cost overruns