Oil and Gas Security Market Size US$ 38.8 Billion, CAGR of 6.2% , Key Players and Forecast Report by 2027

According to IMARC Group's latest report, titled "𝐎𝐢𝐥 𝐚𝐧𝐝 𝐆𝐚𝐬 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the global oil and gas security market reached a value of US$ 27.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 38.8 Billion by 2027, exhibiting a CAGR of 6.2% during 2022-2027.

Oil and gas security represents the measures that are undertaken to protect the value chain of the oil and gas sector from security breaches and incidents. This security involves supervisory control and data acquisition (SCADA) and distributed control systems (DCS), which mainly protect the operational technology (OT) of the industrial infrastructure. It plays an essential role in streamlining operations even during harsh climatic conditions, hazardous processes, and extreme temperatures. As a result, this security is gaining immense traction across the globe.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/oil-gas-security-market/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Oil and Gas Security Market Trends:

The increasing digitization across the oil and gas sector is among the key elements stimulating the oil and gas security market. Moreover, the rising cases of hacking and cyberattacks have caused significant disruptions to the entire network, such as web application attacks, malware, phishing, and physical risk/loss of property, which is also propelling the market growth. Besides this, the escalating demand for these security measures, including web-based mobile surveillance, has become essential in such cases to ensure effective safeguarding of the operational network and streamlining the overall security system, thereby acting as another significant growth-inducing factor. Furthermore, the implementation of stringent measures by government bodies of numerous countries to identify and combat cybersecurity vulnerabilities in the oil and gas sector is positively influencing the global market. Apart from this, the depletion of energy resources, the growing adoption of the Internet of Things (IoT), the emerging trend of bring your own device (BYOD), and several investments in the oil and gas sector are anticipated to fuel the oil and gas security market over the forecasted period.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=2170&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape with Key Players:

The report has also analysed the competitive landscape of the market with some of the key players.

• ABB Ltd.
• Cisco Systems Inc.
• General Electric Company
• Honeywell International Inc.
• Intel Corporation
• Lockheed Martin Corporation
• Microsoft Corporation
• Parsons Corporation
• Siemens Aktiengesellschaft
• Waterfall Security Solutions

Key Market Segmentation:
The report has categorized the market based on component, security type, application and region.

Breakup by Component:
• Software
• Services

Breakup by Security Type:
• Cyber Security
• Operational Security
• Command and Control
• Screening and Detection
• Surveillance
• Access Control
• Perimeter Security
• Others

Breakup by Application:
• Exploring and Drilling
• Transportation
• Pipelines
• Distribution and Retail Services
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/request?type=report&id=2170&flag=C

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports by IMARC Group:

United States Smart Grid Security Market Report: https://bit.ly/41tVmOi

Europe Smart Grid Security Market Report: https://bit.ly/3L54rGx

GCC Smart Grid Security Market Report: https://bit.ly/3KYkl5r

Media Contact:

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Website: https://www.imarcgroup.com/

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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