Industrial Cybersecurity Market Expands with Rising Focus on Protecting Critical Infrastructure

Global Industrial Cybersecurity Market, By Component (Solutions, Services), Security Type (Endpoint Security, Network Security, Application Security, Cloud Security, Others), Deployment (On-Premises, Cloud), End User (Industrial Manufacturing, Transportation & Logistics, Energy & Utilities, Others) - Industry Trends and Forecast to 2031.

Data Bridge Market Research analyses that the Global Industrial Cybersecurity Market which was USD 16489.3 Million in 2023 is expected to reach USD 28544.2 Million by 2031 and is expected to undergo a CAGR of 7.10% during the forecast period of 2023 to 2031

Explore Further Details about This Research Industrial Cybersecurity Market Share Report https://www.databridgemarketresearch.com/reports/global-industrial-cybersecurity-market

**Segments**

- **Security Type**: The industrial cybersecurity market can be segmented based on security type into network security, endpoint security, application security, cloud security, and others. Network security aims to protect the organization's network infrastructure from cyber threats. Endpoint security focuses on securing individual devices like laptops, desktops, smartphones, and other devices connected to the network. Application security involves protecting software applications from external threats. Cloud security ensures data protection in cloud environments.

- **Component**: The market can also be segmented by component into solutions and services. Solutions may include firewalls, antivirus software, intrusion detection systems, encryption tools, and others. Services may include risk assessment, consulting, managed security services, and incident response services.

- **Industry Vertical**: Industrial cybersecurity can be further segmented based on industry verticals such as energy and utilities, manufacturing, transportation, aerospace and defense, and others. Each industry vertical has specific cybersecurity needs and challenges that require tailored solutions to protect critical infrastructure and sensitive data.

**Market Players**

- **IBM Corporation**: IBM offers a range of cybersecurity solutions for industrial applications, including threat detection, incident response, and risk management services.

- **Cisco Systems, Inc.**: Cisco provides industrial cybersecurity solutions that help organizations secure their networks and connected devices from cyber threats.

- **Schneider Electric**: Schneider Electric offers cybersecurity solutions tailored for industrial automation and control systems to protect critical infrastructure from cyber attacks.

- **Siemens AG**: Siemens provides industrial cybersecurity solutions for various industries, focusing on securing digitalized processes and operational technology environments.

- **Symantec Corporation**: Symantec offers industrial cybersecurity solutions that include endpoint protection, threat intelligence, and security analytics to safeguard industrial systems.

The global industrial cybersecurity market is witnessing significant growth due to the increasing number of cyber threats targeting industrial control systems and the rising adoption of connected technologies in various industries. Companies are investing in robust cybersecurity solutions to protect their critical infrastructure and sensitive data from cyber attacks. The market is expected to continue to expand asThe industrial cybersecurity market is experiencing rapid growth driven by the escalating sophistication of cyber threats targeting industrial control systems and the expanding integration of connected technologies across different sectors. The segmentations within the market, such as security type, component, and industry vertical, provide a comprehensive framework for understanding the diverse needs and challenges faced by organizations in safeguarding their critical infrastructure and data from malicious cyber activities.

The security type segmentation of the industrial cybersecurity market highlights the multiple layers of defense that organizations can deploy to protect their network infrastructure, devices, applications, and data in cloud environments. Network security and endpoint security play crucial roles in securing the perimeter and individual devices, while application security and cloud security focus on safeguarding software applications and data stored in cloud environments. By having a holistic approach to security type segmentation, companies can implement a multi-faceted cybersecurity strategy to mitigate potential risks effectively.

Furthermore, the categorization of components into solutions and services showcases the comprehensive range of offerings available to address cybersecurity needs. Solutions encompass a variety of tools such as firewalls, antivirus software, and encryption tools that are essential in establishing robust defenses against cyber threats. On the other hand, services like risk assessment, consulting, and managed security services provide organizations with the necessary expertise and support to enhance their cybersecurity posture and respond effectively to security incidents. The combined utilization of solutions and services enables businesses to proactively manage cyber risks and ensure the resilience of their cybersecurity infrastructure.

In addition to the component segmentation, the industry vertical classification further underscores the specialized requirements of different sectors in terms of industrial cybersecurity. The energy and utilities, manufacturing, transportation, aerospace and defense, and other industry verticals each present unique cybersecurity challenges that necessitate tailored solutions to protect critical assets and sensitive data. For instance, the energy and utilities sector may prioritize securing operational technology systems to ensure uninterrupted energy supply, while the aerospace and defense industry may focus on safeguarding intellectual property and classified information from cyber threats. By aligning cybersecurity measures with specific industry verticals, organizations can effectively mitigate sector**Market Players**
- Fortinet, Inc. (U.S.)
- Cisco Systems, Inc. (U.S.)
- Juniper Networks, Inc. (U.S.)
- Palo Alto Networks, Inc. (U.S.)
- IBM Corporation (U.S.)
- Check Point Software Technologies Ltd. (Israel)
- F5, Inc. (U.S.)
- Splunk, Inc. (U.S.)
- Mandiant, Inc. (U.S.)
- Broadcom, Inc. (U.S.)
- Oracle Corporation (U.S.)
- Microsoft Corporation (U.S.)
- Intel Corporation (U.S.)
- Imperva, Inc. (U.S.)
- Cyberark Software Ltd. (U.S.)
- RSA Security LLC (U.S.)

The global industrial cybersecurity market is experiencing remarkable growth driven by the escalating sophistication of cyber threats targeting industrial control systems and the expanding integration of connected technologies across different sectors. The segmentations within the market, such as security type, component, and industry vertical, provide a comprehensive framework for understanding the diverse needs and challenges faced by organizations in safeguarding their critical infrastructure and data from malicious cyber activities. The security type segmentation underscores the multiple layers of defense that organizations can deploy to protect their network infrastructure, devices, applications, and data in cloud environments. Network security and endpoint security are pivotal in securing perimeters and individual devices, while application security and cloud security focus on safeguarding software applications and data stored in cloud environments. Businesses are increasingly adopting a multi-fac

Table Of Content

1 Introduction

1.1 Objectives Of The Study

1.2 Industrial Cybersecurity Market Definition

1.3 Overview

1.4 Limitations

1.5 Markets Covered

2 Industrial Cybersecurity Market Segmentation

2.1 Industrial Cybersecurity Market Covered

2.2 Geographical Scope

2.3 Years Considered For The Study

2.4 Currency And Pricing

2.5 Dbmr Tripod Data Validation Model

2.6 Multivariate Modeling

2.7 Primary Interviews With Key Opinion Leaders

2.8 Dbmr Industrial Cybersecurity Market Position Grid

2.9 Dbmr Vendor Share Analysis

2.1 Secondary Sources

2.11 Assumptions

3 Executive Summary.............

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