Press release
Implementation of BYOD at airport led to a massive increase of world Industrial Control Systems Security Software Market in terms of CAGR throughout estimated forecast period.
As per report " Global Industrial Control Systems Security Software Market – Size, Outlook, Trends and Forecasts (2018 – 2024)", this Market is envisaged to outreach $14.20 Billion with an empowering CAGR of 6.54% throughout the forecast period.Remote access and growth in automation although led to a convenient accessing of data in a mobile way but on the other hand created a critical threat regarding security with respect to ICS (Industrial Control Systems). ICS refers to a collaboration of various controls systems associated with instruments for industrial process control. ICS has got vital usage which includes, for controlling and monitoring systems on regular basis, proving flexibility, enhancing performance and for simplified operations. Implementation of ICS includes Power plants, refineries, transportation systems, chemical and manufacturing facilities with complex infrastructure. Few commonly used solutions for ICS include firewall, event management, SCADA encryption, virtualization, patch management, distributed denial of service. Among all, firewall contributes largest market share due to the implementation of next level with advanced capabilities like applications awareness, deep packet inspection, and others. Factors like the rise in cyber attacks, large investments in smart technology and increase in government support to ICS security are responsible for the growth of Global Industrial Control Systems Security Software Market to an advanced level.
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This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
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With respect to geography, North America holds the largest market share of global industrial control systems security software market due to large adoption of new and emerging technology along with the presence of a considerably large number of players.
The growth of market size at a global level is large in North America followed by the Asia Pacific as it offers extensive growth avenues to this market. This is achieved to increase the number of SMEs that provide growth opportunities for vendors of transportation, manufacturing and energy industry of ICS market.
A growth rate of the market with respect to CAGR is seen in the regions of the Middle East and Africa due to increase in industrial automation.
Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges, and constraints on the market during the next five years.
• A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope of the market in end-user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
• A complete 360-degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
• Advanced customizations on countries, specific applications in end-user industries, product based customizations will be provided based on the request.
• All the collected data is further validated and verified using surveys, interviews, and interactions with industrial experts.
Global Industrial Control Systems Security Software Market Top Players:
• ABB Group
• Belden
• Check Point Software Technologies
• Cisco Systems
• Fortinet
• GE
• Honeywell
• Mcafee
• Indegy
• Siemens
Related Reports:
The Middle East and Africa Industrial Control Systems Security Software Market @ https://www.envisioninteligence.com/industry-report/middle-east-africa-industrial-control-systems-security-software-market/
Europe Industrial Control Systems Security Software Market @ https://www.envisioninteligence.com/industry-report/europe-industrial-control-systems-security-software-market/
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