Critical Infrastructure Protection Market Global Industry Analysis Forecast 2016 - 2024
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Based on service offered by the manufacturer, the global CIP market has been segmented into maintenance & support, designing, integration & consulting, and risk management services. Out of these, the risk management services segment accounted for a major share of the market, followed by designing and integration & consulting. The risk management services segment is anticipated to remain the leading segment of the market for critical infrastructure protection during the forecast period.
Based on security technology, the global critical infrastructure protection market has also been segmented into physical security, network security, SCADA security, building management systems, secure communications, radars, vehicle identification, and CBRNE. Out of these, the physical security technology segment holds a major share of the critical infrastructure protection market and is anticipated to remain the leading segment of the market during the forecast period. Increasing terrorist attacks across the globe, threats to physical assets, and government regulations are the key factors likely to propel the market during the forecast period.
Based on vertical, the CIP market has been segmented into transportation systems, energy & power, and sensitive infrastructure & enterprises. The sensitive infrastructure & enterprises segment accounts for a leading share of the critical infrastructure protection market and the trend is anticipated to continue during the forecast period. The sensitive infrastructure & enterprises segment has been sub-segmented into government facilities & defense services, stadiums, holy places & public places, banking & financial services, communication systems, chemical sector, and manufacturing sector. These sub-segments are highly critical assets and they form a country’s important infrastructure. Critical infrastructure protection provides solutions for this infrastructure to offer security and safety to customers.
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Based on region, global critical infrastructure protection market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa North America dominated the global critical infrastructure protection market in 2015 and the same trend is likely to continue during the forecast period. The U.S. is a major market in North America, due to its susceptibility to terrorism, cyber hijacking, and other local threats. However, the market in Asia Pacific is anticipated to expand at a rapid rate during the forecast period. Constant threat of terrorism, rising cyber threats, and increasing investment in infrastructure protection are the major factors expected to propel the demand for critical infrastructure protection in the region during the forecast period.
The global market for CIP is highly competitive with the presence of global and regional players. Some of the leading players are BAE Systems, Honeywell International Inc., EMC Corporation, General Electric, and McAfee Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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