Press release
Explore Latest Trends in Industrial Cybersecurity Market Overview 2020 | Global Growth Analysis and Forecast Report by 2027
Global Industrial Cybersecurity Market was valued at USD 17.22 billion in 2020 which is expected to reach USD 30.85 billion by 2027 at CAGR 8.92%.Latest published report on the Industrial Cybersecurity Market, found on the Qualiket Research website revealed a great deal about various market dynamics. These driving factors influence the market from a very miniscule level to its holistic standard and can traverse limitations to assist the market achieve a significant growth rate over the analysis period of 2020-2027.
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Cybersecurity is defined as the body of technologies practices, and processes which is specifically designed to protect networks, applications, programs, devices, and data from attack, damage or unauthorized access. Increase in incidences of cybercrimes across discrete and process management industries is expected to drive the global industrial Cyber security market growth.
Market Drivers
Rise in investments by governments across the globe to establish framework for improving Cybersecurity at industrial environments is the key driving factor which is expected to boost the global industrial Cyber-security market growth. Nowadays, the critical resources of country’s economy depend on digital technologies. Cyberattacks can damage plat operations and IT systems by hacking important information using malware phishing, and spyware. Cyber threats on utilities and manufacturing plants mostly include brute-force, phishing, and malware. Many governments are increasingly providing funds to handle security breaches, and improve industrial Cybersecurity. Furthermore, increase in demand for industrial Cybersecurity in other end use industries like automotive, oil and gas will positively contribute the market growth. Moreover, increase in focus on integrating IoT into industrial control system which is expected to propel the global industrial Cybersecurity market growth over the forecast period.
Market Restraints
However, underestimation of threat levels and misunderstanding of nature of threats are the major restraining factors which are expected to hamper the global industrial Cybersecurity market growth. Also, lack of awareness about best practices and critically of Cybersecurity in industrial control systems will affect the market growth.
Market Key Players
Various key players are discussed in this report such as IBM Corporation, Honeywell International, ABB Ltd, Cisco Systems, Siemens, Schneider Electric, Dell Inc, Rockwell Automation, FORTINET, PALO ALTO NETWORKS, and PROOFPOINT.
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Market Taxonomy
By Security Type
Network
Application
Endpoint
Wireless
Cloud
Others
By Offerings
Products
Solutions
Services
By End User
Power
Utilities
Transportation
Automotive
Oil & Gas
Manufacturing
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Global Industrial Cybersecurity Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Industrial Cybersecurity Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Industrial Cybersecurity Market, By Security Type
5.1 Y-o-Y Growth Comparison, By Security Type
5.2 Global Industrial Cybersecurity Market Share Analysis, By Security Type
5.3 Global Industrial Cybersecurity Market Size and Forecast, By Security Type
5.3.1 Network
5.3.2. Application
5.3.3 Endpoint
5.3.4 Wireless
5.3.5 Cloud
5.3.6 Others
6 Global Industrial Cybersecurity Market, By Offering
6.1 Y-o-Y Growth Comparison, By Offering
6.2 Global Industrial Cybersecurity Market Share Analysis, By Offering
6.3 Global Industrial Cybersecurity Market Size and Forecast, By Offering
6.3.1 Products
6.3.2 Solutions
6.3.3 Services
7 Global Industrial Cybersecurity Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Industrial Cybersecurity Market Share Analysis, By End User
7.3 Global Industrial Cybersecurity Market Size and Forecast, By End User
7.3. 1 Power
7.3.2. Utilities
7.3.3. Transportation
7.3.4. Automotive
7.3.5. Oil & Gas
7.3.6 Manufacturing
7.3.7 Others
8 Global Industrial Cybersecurity Market, By Region
Continue…
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Contact Person:-
Vishal Thakur
Research Support Specialist
QualiKet Research
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Email: sales@qualiketresearch.com
Website: https://qualiketresearch.com
About Us:-
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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