2025-2034 Cyber Security For Industrial Automation Market Evolution: Disruptions, Innovations, and Untapped Opportunities

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What Is the Expected CAGR for the Cyber Security For Industrial Automation Market Through 2025?
In the past few years, the cyber security for industrial automation market has witnessed substantial growth. The market size is predicted to rise from $11.42 billion in 2024 to $12.81 billion in 2025, with a compound annual growth rate (CAGR) of 12.1%. Factors contributing to the growth during the historic period include the increasing interconnectivity of industrial systems, the growing number of Internet of Things (IoT) devices, the adoption of Industry 4.0 technologies, the occurrence of cyberattacks, and the complexities of supply chains in various industrial sectors.

What's the Projected Size of the Global Cyber Security For Industrial Automation Market by 2029?
The market for cyber security in industrial automation is projected to experience significant expansion in the coming years, with an anticipation to reach $20.01 billion by 2029, reflecting a compound annual growth rate (CAGR) of 11.8%. The upsurge during the projected period can be linked to the surging awareness amongst industry stakeholders, growth in industrial automation, unification of information technology (IT), and an upgrade of outdated industrial control systems (ICS). Key trends identified for the forecast period consist of an emergence of Industrial Internet of Things (IIoT) security solutions, the proliferation of AI and machine learning technologies, development in cloud-based security services, and the adoption of Zero Trust Architecture principles.

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Top Growth Drivers in the Cyber Security For Industrial Automation Industry: What's Accelerating the Market?
The anticipated rise in cyberattacks is predicted to boost the progression of cyber security within the industrial automation market. Cyberattacks, which encompass harmful activities that target weaknesses in computer systems, networks, or software applications in order to illicitly gain access, disrupt operations, or inflict damage to digital assets, are increasing due to broadening attack vectors, advanced threat actors, and a requisite for cybersecurity mindfulness and readiness. The essence of cybersecurity for industrial automation lies in protecting vital infrastructure, confirming operational consistency, and mitigating risks related to safety, environment, and finances from cyber threats. For instance, a Check Point study in January 2023, a software security firm based in Israel, cited a 38% global upsurge in cyberattacks in 2022, in comparison to 2021. The communications sector recorded average weekly attacks per organization of 1,380, reflecting a 27% surge compared to 2021. In a likewise trend, the Internet/Managed Service Provider (ISP/MSP) industry saw an average of 1,372 attacks per organization on a weekly basis in 2022, a 28% hike from the preceding year. As such, the anticipated escalation in cyberattacks underscores the growth trajectory of cyber security within the industrial automation market.

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What Trends Will Shape the Cyber Security For Industrial Automation Market Through 2029 and Beyond?
Key industry players in the industrial automation cyber security market are strategically broadening their product offerings by introducing cutting-edge technologies, such as comprehensive security testing suites for industrial networks, to maintain a competitive advantage. This advanced security testing suite is an integrated software solution aimed at discovering, evaluating, and countering vulnerabilities and security threats in multiple applications, systems and networks. For instance, Siemens AG, a prominent German automation organization, unveiled its Siemens SINEC security inspector, a complete security testing suite for industrial networks in October 2023. The SINEC Security Inspector offers a consistent user interface for a software structure that merges various cybersecurity tools, allowing the scanning of separate network devices, sections, or the total network infrastructure during routine maintenance. The SINEC security inspector amalgamates state-of-the-art security tools into a single platform, delivering an all-inclusive method for assessing network security.

What Are the Main Segments in the Cyber Security For Industrial Automation Market?
The cyber security for industrial automation market covered in this report is segmented -

1) By Type: Programmable Automation System, Fixed Automation System, Flexible Automation System, Integrated Automation System
2) By Security Type: Enterprise Security, Supervisory Control And Data Acquisition (SCADA) Security, Network Security, Device Security, Physical Security
3) By Tools Or Technologies: Numerical Control (NC) Machine Tools, Programmable Logic Controllers (PLCS), Computer Numerical Control (CNC) Systems, Industrial Sensors
4) By End Use: Automotive Manufacturing, Electronics And Telecommunication, Food And Beverage Processing, Pharmaceuticals, Other End-Users

Subsegments:
1) By Programmable Automation System: PLC (Programmable Logic Controller) Systems, SCADA (Supervisory Control And Data Acquisition) Systems
2) By Fixed Automation System: Automated Assembly Lines, Specialized Robotics Systems
3) By Flexible Automation System: Reconfigurable Robotics, Flexible Manufacturing Systems (FMS)
4) By Integrated Automation System: Industrial Internet Of Things (Iiot) Integration, Integrated Control Systems

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Which Top Companies are Driving Growth in the Cyber Security For Industrial Automation Market?
Major companies operating in the cyber security for industrial automation market report are Microsoft Corporation; Dell Inc.; Siemens AG; International Business Machines Corporation; Cisco Systems Inc.; Schneider Electric SE; Broadcom Corporation; ABB Ltd; Rockwell Automation Inc.; Palo Alto Networks Inc.; Fortinet Federal Inc.; Check Point Software Technologies Ltd.; Trend Micro Incorporated; CrowdStrike Holdings Inc.; FireEye Inc.; CyberArk Software Ltd.; Darktrace Holdings Ltd; McAfee Associates Inc.; RSA Security LLC; Forescout Technologies Inc.; Claroty Inc.; Sophos Ltd; Nozomi Networks Inc; Indegy Ltd.; Dragos Inc.

Which Regions Will Dominate the Cyber Security For Industrial Automation Market Through 2029?
Asia-Pacific was the largest region in the cyber security for industrial automation market in 2024. The regions covered in the cyber security for industrial automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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