Global Industrial Cyber Security Market Growth (Status and Outlook) 2023-2029

Global Industrial Cyber Security Market Growth (Status and Outlook) 2023-2029

Industrial cyber security solutions are designed to protect industrial environments from cyber threats at all stages. Industrial cyber security is a highly growing and dynamic area of concern. It includes industrial control systems, the software and hardware solutions, and network security. These cyber security solutions are designed for the secured operation of machines and plants in industries.

LPI (LP Information)' newest research report, the “Industrial Cyber Security Industry Forecast” looks at past sales and reviews total world Industrial Cyber Security sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Cyber Security sales for 2023 through 2029. With Industrial Cyber Security sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Cyber Security industry.

This Insight Report provides a comprehensive analysis of the global Industrial Cyber Security landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Cyber Security portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Cyber Security market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Cyber Security and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Cyber Security.

The global Industrial Cyber Security market size is projected to grow from US$ 11740 million in 2022 to US$ 19020 million in 2029; it is expected to grow at a CAGR of 7.1% from 2023 to 2029.

Today, cyber-attacks are more sophisticated and targeted, resulting in financial and reputation loss. It has become easy for hackers to monetize their attacks using zero-day malware. Traditional cyber security solutions such as intrusion detection solutions and firewalls are unable to provide adequate protection for industrial control systems. The increase in number of cyber-attacks on industrial facilities has resulted in their impairment, led to disruption of production, compromised their safety, and damaged equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Cyber Security market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Network Security
Application Security
Endpoint Security
Wireless Security
Cloud Security
Others

Segmentation by application
Power
Energy & Utilities
Transportation Systems
Chemical and Manufacturing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM (US)
Honeywell (US)
ABB (Switzerland)
Cisco (US)
Schneider (France)
Rockwell (US)
Dell (US)
McAfee (US)
Symantec (US)
Kaspersky Lab (Russia)

Please note: The report will take approximately 2 business days to prepare and deliver.