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Industrial Control Systems Security Market worth $25.78 billion by 2030, growing at a CAGR of 6.06% - Exclusive Report by 360iResearch
Industrial Control Systems Security Market | 360iResearch
The Global Industrial Control Systems Security Market to grow from USD 17.07 billion in 2023 to USD 25.78 billion by 2030, at a CAGR of 6.06%.
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Industrial control systems (ICS) security encompasses the protective measures and protocols implemented to safeguard control systems, such as SCADA, PLC, and DCS, and their associated instrumentation, which operate industrial processes. ICS security aims to ensure the integrity, availability, and confidentiality of these critical systems that manage and monitor industrial operations. The increasing complexity of cyber threats, the convergence of IT and operational technology (OT), regulatory compliance requirements, and the digital transformation of industrial environments are primary drivers of ICS security. Growing connectivity with enterprise networks and the Internet exposes ICS to new vulnerabilities, thus reinforcing the need for robust security measures. Key challenges in ICS security include the integration of legacy systems that were designed without cybersecurity in mind, the scarcity of cybersecurity skills specialized in the ICS domain, and the difficulty in maintaining operational continuity while implementing security updates. Additionally, cross-sector dependencies amplify the complexities of securing these systems. Advancements in cybersecurity technology present opportunities to enhance ICS security through real-time monitoring, anomaly detection, and improved incident response. Furthermore, the development of industry-specific security standards and the increasing awareness about ICS security risks lead to better preparedness and investment in protective measures.
Market Segmentation & Coverage:
This research report categorizes the Industrial Control Systems Security Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Services and Solutions. The Services is further studied across Consultation & Integration, Incident Response Services, Managed Security Services, Support & Maintenance, and Training & Development. The Solutions is further studied across Antimalware or Antivirus, DDoS Mitigation, Encryption, Firewall, Identity & Access Management, Intrusion Detection & Prevention Systems, Security & Vulnerability Management, Security Information & Event Management, and Whitelisting. The Solutions is projected to witness significant market share during forecast period.
Based on Security Type, market is studied across Application Security, Database Security, Endpoint Security, and Network Security. The Endpoint Security is projected to witness significant market share during forecast period.
Based on Verticals, market is studied across Energy & Utilities, Manufacturing, Power, and Transportation Systems. The Energy & Utilities is further studied across Electric Power Transmission, Oil & Gas, Wastewater Collection & Treatment, and Water Treatment & Distribution. The Manufacturing is further studied across Automotive, Chemicals & Materials, Mining Units, and Paper & Pulp. The Power is further studied across Nuclear Power Plants, Power Grid, Renewable Energy Power Plants, and Thermal & Hydro Plants. The Transportation Systems is further studied across Airports, Railways, and Seaports. The Manufacturing is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Industrial Control Systems Security Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Industrial Control Systems Security Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Industrial Control Systems Security Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Airbus SE, BAE Systems PLC, Bayshore Networks Inc., Belden Incorporated, Check Point Software Technologies Ltd., Cisco Systems, Inc., CyberArk Software Ltd., Dragos, Inc., Fortinet, Inc., Honeywell International Inc., Lockheed Martin Corporation, Nozomi Networks Inc., Palo Alto Networks, Inc., and Raytheon Technologies Corporation.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Industrial Control Systems Security Market, by Component
7. Industrial Control Systems Security Market, by Security Type
8. Industrial Control Systems Security Market, by Verticals
9. Americas Industrial Control Systems Security Market
10. Asia-Pacific Industrial Control Systems Security Market
11. Europe, Middle East & Africa Industrial Control Systems Security Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Industrial Control Systems Security Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Industrial Control Systems Security Market?
3. What is the competitive strategic window for opportunities in the Industrial Control Systems Security Market?
4. What are the technology trends and regulatory frameworks in the Industrial Control Systems Security Market?
5. What is the market share of the leading vendors in the Industrial Control Systems Security Market?
6. What modes and strategic moves are considered suitable for entering the Industrial Control Systems Security Market?
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