Global Industrial Cyber Security Market to grow at a CAGR of 14.17% over 2015-2019

Albany, NY, Dec 01: Cyber threats are internet-based attempts that disrupt or damage IT systems and hack critical information using spyware, malware, and phishing. The major attacks seen in the utilities and manufacturing plants include phishing, watering hole, Stuxnet malware, DoS, and brute-force. Cyber security solutions help organizations detect, monitor, report, and counter cyber threats and maintain the confidentiality of IT systems. They maintain the integrity and confidentiality of IT systems, SCADA, and industrial control systems of organizations. Companies are increasingly adopting cyber security solutions to protect critical data or any digital asset stored in a computer or any digital memory device.

The global industrial cyber security market to grow at a CAGR of 14.17% over the period 2014-2019. In this report, Technavio covers the present scenario and growth prospects of the global industrial cyber security market for 2015-2019. The market size is calculated based on:
- Revenue generated from the sales of industrial cyber security software, services, and hardware
- Revenue generated from the Americas, EMEA, and APAC

It covers the utility sector (energy, nuclear power, oil and gas, and water) and manufacturing plants, where industrial cyber security is gaining prominence to strengthen and maintain secure functioning of assets, networks, and systems.

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Technavio's report, Global Industrial Cyber Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors
- Airbus Group
- Cisco Systems
- Honeywell International
- Lockheed Martin
- Schneider Electric

Other Prominent Vendors
- IBM
- Innominate Security Technologies
- Juniper Networks
- Kaspersky Lab
- Rockwell Automation
- Siemens AG
- Tofino Security
- Yokogawa

Market Driver
- Increased Occurrence of Cyber-attacks
- For a full, detailed list, view our report

Market Challenge
- High Cost of Implementation
- For a full, detailed list, view our report

Market Trend
- High Adoption in Developing Regions
- For a full, detailed list, view our report

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- How within the segment the market will behave?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?

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