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Surge in Cybersecurity Threats Fueling The Growth Of The Market Due To Increasing Digitalization Of Critical Infrastructure: Strategic Insights Driving Artificial Intelligence (AI)-Driven Smart Grid Intrusion Detection Market Momentum in 2025
Artificial Intelligence (AI)-Driven Smart Grid Intrusion Detection
What Will the Artificial Intelligence (AI)-Driven Smart Grid Intrusion Detection Industry Market Size Be by 2025?
The market value for smart grid intrusion detection, driven by artificial intelligence (AI), has seen substantial growth in recent times. The market is projected to rise from $1.76 billion in 2024 to $2.11 billion in 2025, with a compound annual growth rate (CAGR) of 19.9%. The historic period's surge in growth can be credited to the escalation in cyberattacks on power infrastructure, the increased adoption of smart grids, governmental regulations pertaining to the protection of crucial infrastructure, a heightened awareness concerning energy security, and the privatization and deregulation of power utilities.
What's the Long-Term Growth Forecast for the Artificial Intelligence (AI)-Driven Smart Grid Intrusion Detection Market Size Through 2029?
The market size of the intrusion detection system for smart grids, powered by artificial intelligence (AI), is forecasted to show substantial growth over the next few years. It is projected to reach $4.30 billion by 2029, with a compound annual growth rate (CAGR) of 19.5%. The expected growth during this period can credited to several factors, such as the broadening of renewable energy sources, growth in internet of things (IoT) and connected devices usage in grids, increased investments in grid modernization, more stringent compliance regulations, and rising urbanization and electricity needs. Predicted trends during this period include a move towards real-time threat identification, the application of edge computing to grid security, the use of blockchain for data authenticity, the escalating use of digital twins for grid management, and an increased collaboration between utility companies and cybersecurity firms.
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What Are the Key Growth Drivers Fueling the Artificial Intelligence (AI)-Driven Smart Grid Intrusion Detection Market Expansion?
The rise in Cybersecurity hazards is stimulating market expansion due to the growing digitization of vital infrastructure.
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How Is the Artificial Intelligence (AI)-Driven Smart Grid Intrusion Detection Market Segmented?
The artificial intelligence (AI)-driven smart grid intrusion detection market covered in this report is segmented
1) By Component: Software, Hardware, Services
2) By Deployment Mode: On-Premises, Cloud
3) By Security Type: Network Security, Endpoint Security, Application Security, Other Security Types
4) By Application: Energy Management, Critical Infrastructure Protection, Fraud Detection, Other Applications
5) By End-User: Utilities, Industrial, Commercial, Residential, Other End-Users
Subsegments:
1) By Software: Intrusion Detection Systems, Security Information And Event Management, Network Monitoring Tools, Data Analytics Platforms, Machine Learning Algorithms
2) By Hardware: Sensors, Servers, Network Devices, Gateways, Storage Devices
3) By Services: Consulting Services, Managed Security Services, Support And Maintenance, Training And Education, System Integration
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Which Companies Are Leading the Charge in Artificial Intelligence (AI)-Driven Smart Grid Intrusion Detection Market Innovation?
Major companies operating in the artificial intelligence (ai)-driven smart grid intrusion detection market are Siemens Energy AG, Hitachi Energy Ltd., IBM Corporation, Cisco Systems Inc., ABB Ltd., BAE Systems plc, Cognizant Technology Solutions Corporation, Palo Alto Networks Inc., Fortinet Inc., Splunk Inc., Itron, Trellix, Trend Micro Incorporated, Persistent Systems, Tenable Holdings Inc., Darktrace plc, Kongsberg Digital Software And Services Pvt. Ltd., Claroty Ltd., Dragos Inc., Nozomi Networks Inc.
Which Regions Are Leading the Global Artificial Intelligence (AI)-Driven Smart Grid Intrusion Detection Market in Revenue?
North America was the largest region in the artificial intelligence-driven smart grid intrusion detection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in artificial intelligence (AI)-driven smart grid intrusion detection report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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