Industrial Control Security Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

Key Highlights:
• The global Industrial Control Security Market size was valued at USD 16.25 billion in 2023 growing at a CAGR of 7.21% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Industrial Control Security Market size accounted for USD 16.25 Billion in 2023, growing at a CAGR of 7.21% from 2023 to 2033. Industrial Control Security refers to the measures and practices implemented to safeguard the systems and networks that control industrial processes and critical infrastructure. This field focuses on protecting supervisory control and data acquisition (SCADA) systems, distributed control systems (DCS), programmable logic controllers (PLC), and other components that manage and monitor industrial operations. The goal of industrial control security is to prevent unauthorized access, cyber threats, and malicious activities that could disrupt operations, compromise safety, or lead to economic and environmental consequences. It involves the implementation of cybersecurity protocols, secure network architectures, regular system monitoring, and the use of technologies such as firewalls, intrusion detection systems, and encryption to ensure the integrity, confidentiality, and availability of industrial control systems.

Request/Download PDF Sample: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021696

The Industrial Control Security market is primarily driven by the increasing integration of digital technologies in industrial processes, raising awareness of cyber threats to critical infrastructure, and the growing emphasis on securing industrial control systems against cyberattacks.

Key Players
Some of the major Industrial Control Security Market players holding high market shares include Cisco, ABB, Lockheed Martin, Fortinet, Honeywell, and Palo Alto Networks. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include BAE Systems, Raytheon, Trellix, Darktrace, Check Point, and Kaspersky Labs.

Report Description: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021696

Segmental Analysis
Based on Solution, the Industrial Control Security market is segmented into Antimalware/Antivirus, Distributed Denial of Service Mitigation, Encryption, Firewall, Identity and Access Management, Intrusion Detection System/Intrusion Prevention System, Security and Vulnerability Management, Security Configuration Management, Security Information and Event Management, Whitelisting, Others. The dominance of the Antimalware/Antivirus segment in the Industrial Control Security market is attributed to its essential role in preventing and mitigating malware threats, ensuring the integrity and continuous operation of industrial control systems by actively detecting and neutralizing malicious software.
Based on Service, the Industrial Control Security market is Consulting and Integration Services, Support and Maintenance Services, Training and Development Services, Incident Response Services, and Managed Security Services. The projected high CAGR in the Consulting and Integration Services segment is attributed to the increasing recognition of the complex and evolving nature of industrial cyber threats, driving demand for specialized expertise to assess, design, and implement robust security solutions in industrial control environments.
Based on Vertical, the Industrial Control Security market is Power, Energy and Utilities, Transportation Systems, Manufacturing, and Others. The projected high CAGR in the Power segment is attributed to the growing awareness of the critical importance of securing power infrastructure against cyber threats, coupled with increased investments in advanced industrial control security solutions to ensure the reliability and resilience of power generation, transmission, and distribution systems.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

This release was published on openPR.