Operational Technology Security Market, By Component (solution (OT Endpoint Security, OT Network Segmentation, Anomaly Detection, Incident Response and Reporting, and Others) and services (Professional Services (Consulting Services, Deployment and Implementation Services, and Other Support Service) and Managed Services)), By industry (Power Generation & Electrical, Manufacturing, Transportation & Logistics, Mining, Oil & Gas, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Operational technology is used to monitor and control various devices, physical processes, and infrastructure. The OT uses both hardware and software combination to monitor the equipment. There are large numbers of industries which rely upon OT for security; including power generation & electrical, manufacturing, transportation & logistics, •mining, and others.
Market Dynamics
The global operational technology security market is expected to grow significantly during the forecast period. The adoption of advanced technology such as Machine Learning (ML), Artificial intelligence (AI) is a major trend in the global operational technology security market. The companies are rapidly adopting these technologies to reduce the time required to respond to a particular cyber threat. The OT security solution equipped with machine learning and AI are provided with large volume of data base which helps machines to quickly learn and distinguish between various types of security threats such as malware, virus, and others and protect the infrastructure.
Thus, considering the benefits offered by these technologies various key players in the market are integrating ML and AI technologies in their products. For instance, in June 2019, Cyber X, Inc., a U.S.-based software company and subsidiary of Microsoft Corporation, launched Ganymede, an advanced automated threat extraction platform for IoT/ICS/OT solution. The Ganymede integrated with machine learning technology is used to identify malware and Advanced Package Tool (APT).
Key features of the study:
This report provides in-depth analysis of global operational technology security market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global operational technology security market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include Accenture plc, Belden Inc., Cisco Systems, Inc., Claroty Ltd., CyberX, Cyberbit, Darktrace, Deloitte Touche Tohmatsu Limited, Bayshore Networks, Hitachi Systems Security Inc., Fortinet, Inc., OTORIO Ltd., IBM Corporation, Dragos, Inc., Indegy, IOActive Inc., Kaspersky Lab, Leidos, Thales Group, TÜV SÜD, Wurldtech Security Technologies Inc., Honeywell International Inc. (NextNine Ltd.), Nozomi Networks Inc., and NCC Group
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global operational technology security market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global operational technology security market
Detailed Segmentation
Global Operational Technology Security Market, By Component:
Solution
OT Endpoint Security
OT Network Segmentation
Anomaly Detection
Incident Response and Reporting
Others
Services
Professional Services
Consulting Services
Deployment and Implementation Services
Other Support Service
Managed Services
Global Operational Technology Security Market, By Industry
Power Generation & Electrical
Manufacturing
Transportation & Logistics
Mining
Oil & Gas
Others
Global Operational Technology Security Market, By Region:
North America
By Component:
Solution
OT Endpoint Security
OT Network Segmentation
Anomaly Detection
Incident Response and Reporting
Others
Services
Professional Services
Consulting Services
Deployment and Implementation Services
Other Support Service
Managed Services
By Industry:
Power Generation & Electrical
Manufacturing
Transportation & Logistics
Mining
Oil & Gas
Others
By Country:
U.S.
Canada
Asia Pacific
By Component:
Solution
OT Endpoint Security
OT Network Segmentation
Anomaly Detection
Incident Response and Reporting
Others
Services
Professional Services
Consulting Services
Deployment and Implementation Services
Other Support Service
Managed Services
By Industry:
Power Generation & Electrical
Manufacturing
Transportation & Logistics
Mining
Oil & Gas
Others
By Country:
China
India
Japan
Australia & New Zealand
South Korea
Rest of Asia Pacific
Europe
By Component:
Solution
OT Endpoint Security
OT Network Segmentation
Anomaly Detection
Incident Response and Reporting
Others
Services
Professional Services
Consulting Services
Deployment and Implementation Services
Other Support Service
Managed Services
By Industry:
Power Generation & Electrical
Manufacturing
Transportation & Logistics
Mining
Oil & Gas
Others
By Country:
Germany
Italy
U.K.
France
Spain
Russia
Rest of Europe
Latin America
By Component:
Solution
OT Endpoint Security
OT Network Segmentation
Anomaly Detection
Incident Response and Reporting
Others
Services
Professional Services
Consulting Services
Deployment and Implementation Services
Other Support Service
Managed Services
By Industry:
Power Generation & Electrical
Manufacturing
Transportation & Logistics
Mining
Oil & Gas
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
By Component:
Solution
OT Endpoint Security
OT Network Segmentation
Anomaly Detection
Incident Response and Reporting
Others
Services
Professional Services
Consulting Services
Deployment and Implementation Services
Other Support Service
Managed Services
By Industry:
Power Generation & Electrical
Manufacturing
Transportation & Logistics
Mining
Oil & Gas
Others
By Country/Region:
GCC Countries
Israel
South Africa
Rest of Middle East and Africa
Company Profiles
1. Accenture plc*
Company Overview
Product Portfolio and Specifications
Financial Performance
Strategic Overview
Recent Developments/Updates
2. Belden Inc.
3. Cisco Systems, Inc.
4. Claroty Ltd.
5. CyberX,
6. Cyberbit
7. Darktrace
8. Deloitte Touche Tohmatsu Limited
9. Bayshore Networks
10. Hitachi Systems Security Inc.
11. Fortinet, Inc.
12. OTORIO Ltd.
13. IBM Corporation
14. Dragos, Inc.
15. Indegy,
16. IOActive Inc.
17. Kaspersky Lab
18. Leidos,
19. Thales Group
20. TÜV SÜD,
21. Wurldtech Security Technologies Inc.
22. Honeywell International Inc. (NextNine Ltd.)
23. Nozomi Networks Inc.
24. NCC Group
“*” marked represents similar segmentation in other categories in the respective section.
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