Industrial Control Systems Security Market 2023-2027
The industrial control systems security market is forecasted to grow by USD 10.8 bn during 2022-2027, accelerating at a CAGR of 7.79% during the forecast period. The report on the industrial control systems security market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing smart grid deployments in power sector, increasing investments in IT security, and growing need to improve security.
Technavio's industrial control systems security market is segmented as below:
By Type
- Network security
- Cloud security
By End-user
- Oil and gas
- Power
- Chemicals and mining
- Automotive
- Others
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the adoption of hybrid model as one of the prime reasons driving the industrial control systems security market growth during the next few years. Also, adoption of cloud-based services and integration of information and operational technologies will lead to sizable demand in the market.
The report on the industrial control systems security market covers the following areas:
- Industrial control systems security market sizing
- Industrial control systems security market forecast
- Industrial control systems security market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial control systems security market vendors that include ABB Ltd., Airbus SE, AO Kaspersky Lab, BAE Systems Plc, Belden Inc., Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Claroty Ltd., CyberArk Software Ltd., Darktrace Holdings Ltd., Fortinet Inc., Honeywell International Inc., International Business Machines Corp., Lockheed Martin Corp., Musarubra US LLC, Palo Alto Networks Inc., Positive Technologies, Radiflow, and Sophos Ltd.. Also, the industrial control systems security market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.