United States (USA) Critical Infrastructure Protection Market Overview, 2029

United States (USA) Critical Infrastructure Protection Market Overview, 2029

The United States critical infrastructure protection market plays a pivotal role in fortifying systems, assets, and networks against potential threats, safeguarding vital sectors crucial for the nation's functioning. This dynamic market encompasses a range of security solutions, including firewalls, identity and access management, risk and compliance management, antivirus measures, intrusion detection systems, and encryption systems. Moreover, with the elevating focus on protecting information integral to power grids, railways, nuclear plants, and hydro plants, the United States critical infrastructure protection market addresses the ever-growing risk of cyberattacks that could pose threats to public safety, national security, and environmental stability. Besides this, embracing wireless technology, industrial control systems (ICS), operational technology (OT), and supervisory control and data acquisition (SCADA) systems, critical infrastructure protection solutions in the U.S. strive to identify and mitigate potential security vulnerabilities. In line with this, as the dependence on digital infrastructure intensifies across critical sectors and the imperative to bolster resilience against evolving cyber threats and ensuring the uninterrupted and secure functioning, the United States critical infrastructure protection market is poised for continued growth over the forecasted period. Government investments play a pivotal role, with initiatives such as the substantial infrastructure plan in the United States directing funds towards fortifying critical assets in transportation, energy, and communication sectors. Private sector innovations, such as Siemens' advancements in industrial control systems, contribute significantly by providing cutting-edge solutions for energy and manufacturing facilities. The deployment of IoT sensors, especially in the energy sector through smart grids, enhances real-time monitoring capabilities, improving overall security and reliability. Moreover, the adoption of cloud-based solutions, as demonstrated by Microsoft Azure's cybersecurity services, adds scalability, accessibility, and efficient threat detection to the critical infrastructure protection landscape.

According to the research report ""United States Critical Infrastructure Protection Market Overview, 2029,"" published by Bonafide Research, the United States critical infrastructure protection market is anticipated to grow at more than 2% CAGR from 2024 to 2029. The United States is anticipated to be a significant market, primarily owing to the rising adoption of critical infrastructure solutions across the country’s end-users. The nation has a solid foothold of vendors, thereby positively contributing to market growth. These include General Electric Co, Lockheed Martin Corporation, and Raytheon Co, among others. For instance, in 2019, the Department of Homeland Security (DHS) appointed Raytheon to ensure the protection of government networks. The DHS also executed a risk-informed, and all-hazard approach in order to protect critical infrastructure across cyberspace. This primarily entails concentrating on protecting civil liberties and privacy, ensuring accessible and transparent security processes, and domestic and international partnerships. Moreover, implementing several policies and governmental bodies, such as, the National Infrastructure Protection Program (NIPP) and the Homeland Security Presidential Directive (HSPD-7), are projected to generate numerous market opportunities across the United States. Hence, these factors are set to drive market growth. To secure our national economy and the livelihood of all citizens, the United States must protect its critical infrastructures. In fact, the federal government has identified 16 critical infrastructure sectors that are considered so essential that if they sustained an attack or disruption, there would be debilitating effects on national security, public health or safety, the economy, or all the above. Securing these systems from cyber or physical threats is increasingly important and challenging as these threats become more complex, persistent, and destructive. Cyber-attacks are a rapidly evolving threat to critical infrastructure and one of the “most significant and growing issues confronting United States,” according to a White House July 2021 “National Security Memorandum on Improving Cybersecurity for Critical Infrastructure Control Systems.” The memo recognizes that the systems that control and operate the nation’s critical infrastructure are increasingly vulnerable.

Different segments within the critical infrastructure protection market of the U.S. exhibit varied dynamics, impelled by roles and developing threats. The energy & power segment currently holds the largest share, due to the critical nature and vulnerability of these infrastructures. These infrastructures, such as energy and power, are core elements of national stability and economic functioning and they feature installations like power plants, grids, and distribution systems. This sector is vastly invested in and heeded, as the potential impact of disruptions from blackouts to economic losses. Due to the intricate and critical nature of the infrastructure, protection measures have to be taken to avoid big breaks that will bring everything to a close down. The BFSI sector is increasing with enhanced and growing cyber threats against financial data and transactions. The growth in digital banking, online transactions, and financial technology has increased the attack surface, therefore increasing the cybersecurity-related focus. The growth in this sector is triggered by the rising concerns related to the protection of sensitive financial information, compliance with regulatory requirements, and fending off risks associated with financial cyber-attacks, making this segment dynamic and rapidly expanding. IT & Telecommunications security of communication networks and data centers on which business operations and personal connectivity depend. Government & Defence segment is a protection of sensitive government data, defense systems, and national security infrastructure from espionage and attack. Transport & Logistics is securing vital transport systems and supply chains to support operational continuity and safety in a more integrated world. The Oil & Gas sector is critical to global energy supply and, therefore, to both energy markets and national security because of the potential impact of disruptions.

Within the U.S., the critical infrastructure protection market embodies various independent segments that are growing at different rates. The biggest area in this market at the moment is represented by Physical Security & Safety due to the fact that threats are real and immediate. This segment will include surveillance systems, access control, emergency response systems, and others that safeguard infrastructural components against physical damage from vandalism, theft, terrorism, and other forms of attacks. The continued emergence of physical threats and their persistence, new regulatory requirements, and compliance with safety standards have given impetus to the dominance of physical security in protection from critical infrastructure attacks. This sector has huge inflows of investment because of the requirement of protecting facilities and services against direct attacks or breaches, thus paving the way for the growth segment in cybersecurity. It is in this context, with the digital revolution now in full swing and increasing dependence on interconnected systems and data that the risk of cyber-attacks against critical infrastructure has grown. Cybersecurity, ranging from threat detection, intrusion prevention, and incident response, becomes very important for protecting against sophisticated cyber threats to data and operations. This has fast become an area of critical infrastructure protection due to the exponential growth in cyber threats and an increasing complexity of cyber-attacks.

At present, the Solutions segment dominates the critical infrastructure protection market in the United States due to the holistic and proactive approach the infrastructure protection takes. These can include advanced surveillance systems, intrusion detection and access control, and other physical security equipment that provide end-to-end protection, covering all the specific exposures in the infrastructure to protect against a very wide array of threats. It is expected to see demand for such solutions since high reliability and effectiveness are required in protecting these critical assets from physical and cyber threats. Tailoring the solutions to the different infrastructure types has created their stronghold in the market. The Service segment is growing at a spectacular rate in the face of the sophistication of threats and changing nature of infrastructure protection. These services include consulting, system integration, managed security services, and on-going support and maintenance. This reliance on expert services becomes more and more necessary with increasingly sophisticated infrastructures and more dynamic threats. This section is likely to grow, driven by the growing requirement for specialized expertise and steady management involved in keeping pace with the new threats, changing regulations, and technological innovation. Services provide flexibility and scalability that no solution on its own can in terms of maintaining robust protection against a changing environment.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Critical Infrastructure Protection market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Security Type
• Physical Security & Safety
• Cybersecurity

By Vertical
• Energy & Power
• BFSI
• IT & Telecommunications
• Government & Defence
• Transport & Logistics
• Oil & Gas
• Other Verticals

By Offering
• Solutions
• Service

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Critical Infrastructure Protection industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.