Cyber Security In Energy Market By Component (Solution, Service), By Deployment Model (On-premises, Cloud), By Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), By End User (Industrial, Commercial, Residential): Global Opportunity A

Cyber Security In Energy Market By Component (Solution, Service), By Deployment Model (On-premises, Cloud), By Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), By End User (Industrial, Commercial, Residential): Global Opportunity Analysis and Industry Forecast, 2022-2031

Cybersecurity includes the safety of digital assets from cybercrime, terrorism, and other network service disruptions, which could possibly affect everyday operations. Cybersecurity in energy sector can be accomplished through active monitoring of IT assets, exposure of outages or malicious movement, and prompt response to interruptions. In addition, with the proliferation of cloud, mobility, and bring-your-own-device (BYOD), endpoint protection has become crucial for all security departments. Moreover, cybersecurity threats and vulnerabilities can change from day to day and even hour to hour.

Effective steps to manage cyber risks in energy sector are unlikely to suffice for long, thus, maintaining security in a wireless environment is challenging for most vendors in the ecosystem. Furthermore, cyber threats not only affect the IT infrastructure of a company, however, also lead to disruption of the entire network, which impact the principal business functions and processes. Moreover, rise in malware & phishing threats and surge in adoption of IoT trend in energy sector are the major factors driving the cyber security in energy market growth. However, constant need to conform to industry standards & regulations of device security acts as a major restraint for the market. The impact of this factor is expected to be nominal due to the introduction of new security techniques in the cyber security in energy market. Furthermore, cybersecurity activities are now being prioritized and aligned to strategic business activities to minimize the damage of IT resources, which is expected to provide remunerative opportunity for the expansion of the global market.

The cyber security in energy market is segmented on the basis of component, deployment model, enterprise size, end user, and region. Depending on component, the market is bifurcated into solution and service. By solution, the market is fragmented into identity & access management; infrastructure security; governance, risk, & compliance; unified vulnerability management service offering; data security & privacy service offering; and others. By deployment model, the market is bifurcated into cloud and on-premises. By enterprise size, it is segregated into large enterprises and SMEs. As per end user, it is classified into industrial, commercial, and residential. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the key players operating in the global cyber security in energy market include Accenture, IBM Corporation, General Electric, Vestas, Mitsubishi Power, Hitachi Energy Ltd, Nordex, Ansaldo Energia, Baker Hughes, and Elliot Ebara.

Key benefits for stakeholders

The study provides in-depth analysis of the global cyber security in energy market along with the current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the global cyber security in energy market size are provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global cyber security in energy market from 2021 to 2031 is provided to determine the market potential.

Key Market Segments

By Component

Solution
Solution
Identity and Access Management
Infrastructure Security
Governance Risk and Compliance
Unified Vulnerability Management Service Offering
Data Security and Privacy Service Offering
Others
Service

By Deployment Model

On-premises
Cloud

By Enterprise Size

Large Enterprises
Small and Medium-sized Enterprises

By End User

Industrial
Commercial
Residential

By Region

North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Accenture
IBM Corporation
General Electric
Nordex SE
Ansaldo Energia
Baker Hughes
Hitachi Energy Ltd.
Elliot Ebara
Vestas
Mitsubishi Power

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