Critical Infrastructure Protection Market 2021 Status and Business Outlook - Bae Systems PLC, Honeywell International Inc., Airbus SE, Hexagon AB

The Critical Infrastructure Protection Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global critical infrastructure protection market was valued at USD 71.83 billion in 2019 and is projected to be worth USD 108.57 billion by 2025, registering a CAGR of 7.08% during the period from 2020 to 2025.

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Top Leading Companies of Critical Infrastructure Protection Market are Bae Systems PLC, Honeywell International Inc., Airbus SE, Hexagon AB (Intergraph Corporation), General Electric Company, Mcafee Inc. (TPG Capital), Waterfall Security Solutions, General Dynamics Corporation, Lockheed Martin Corporation, Northrop Grumman Corp., Kaspersky Lab Inc., Ericsson AB and others.

Industry News and Updates

- June 2020 - The company and Kuwait Integrated Petroleum Industries Company (KIPIC) have participated in strategic collaboration, signing a five-year, multi-million dollar contract for services to protect, optimize and maintain operations at the Al Zour refinery and liquefied natural gas import (LNGI) terminal in southern Kuwait.
- Jan 2020 - The company partnered with Amossys at International Cybersecurity Forum (FIC). The partnership has three focus areas i.e. detecting vulnerabilities, studies, and innovation work (AI) and the development of Airbus’s cyber range platform.

Key Market Trends

Sensitive Infrastructure and Enterprises Sector Vertical to Grow at the Highest Rate

- Additionally, the Trojan malware steals credentials for e-payment and online banking systems, intercepting one-time passwords, and then sending the data to the attackers behind the Trojan. According to Kaspersky Lab, of 889,452 attacks, almost 25% of them were corporate, a figure that remained consistent for the past three years.
- Some of the prominent players in the industry, through R&D, have been able to develop advancements in technology, which is expected to boost the adoption of critical infrastructure during the forecast period. For instance, in December 2018, Intracom Telecom announced the launch of SIS-C2, a command, control, and integration management platform for border surveillance, critical infrastructure protection, homeland security, and maritime domain awareness.
- According to a 2018 report by EfficientIP, the telecom sector is one of the worst at tackling cyber threats. In 2018, 43% of telco organizations were victimized by DNS-based malware, and 81% took three days or more to apply the critical security patch. As telecoms are often the gateway into numerous businesses, the aim of direct cyber attacks is to access the core infrastructure of the telecom companies. Hence, there is an increasing need for protecting such infrastructure. Thus, creating opportunities for the market.

Regional Outlook of Critical Infrastructure Protection Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Critical Infrastructure Protection Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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