Smart Grid Security Market: Global Market Size, Forecast, Insights, and Competitive Landscape with Cumulative Impact of COVID-19 & Ukraine-Russia War
The global smart grid security market is expected to grow at a CAGR of around 15.4% during 2025-2034. This report on global smart grid security market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global smart grid security market by segmenting the market based on solution, deployment, security type, subsystem, application and region. Also, detailed profiles of companies operating in the smart grid security market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing investment to shift to smart grid
• Rising sophistication of cyber attacks
• Burgeoning adoption of internet of things
Market Challenges
• Maintenance of cyber security standards
• Up gradation of communication protocols
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Solution
• Antivirus & Antimalware
• Identity and Access Management
• Encryption
• Services
• Others
Market by Deployment
• On-Premise
• Cloud
Market by Security Type
• Application
• Database
• Endpoint
• Network
Market by Subsystem
• Advanced Metering Infrastructure (AMI)
• Data Acquisition/Industrial Control System (SCADA/ICS)
• Demand Response and Home Energy Management
• Supervisory Control
Market by Application
• Consumption
• Generation
• Distribution & Control
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Smart Grid Security Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Smart Grid Security Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Ukraine-Russia War
- 5. Global Smart Grid Security Market by Solution
- 5.1. Introduction
- 5.2. Antivirus & Antimalware
- 5.3. Identity and Access Management
- 5.4. Encryption
- 5.5. Services
- 5.6. Others
- 6. Global Smart Grid Security Market by Deployment
- 6.1. Introduction
- 6.2. On-Premise
- 6.3. Cloud
- 7. Global Smart Grid Security Market by Security Type
- 7.1. Introduction
- 7.2. Application
- 7.3. Database
- 7.4. Endpoint
- 7.5. Network
- 8. Global Smart Grid Security Market by Application
- 8.1. Introduction
- 8.2. Advanced Metering Infrastructure (AMI)
- 8.3. Data Acquisition/Industrial Control System (SCADA/ICS)
- 8.4. Demand Response and Home Energy Management
- 8.5. Supervisory Control
- 9. Global Smart Grid Security Market by Application
- 9.1. Introduction
- 9.2. Consumption
- 9.3. Generation
- 9.4. Distribution and Control
- 10. Global Smart Grid Security Market by Region
- 8.1 Introduction
- 8.2 Europe
- 8.2.1 Germany
- 8.2.2 United Kingdom
- 8.2.3 France
- 8.2.4 Italy
- 8.2.5 Spain
- 8.2.6 Russia
- 8.2.7 Netherlands
- 8.2.8 Rest of the Europe
- 8.3 North America
- 8.3.1 United States
- 8.3.2 Canada
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 Indi
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Indonesia
- 8.4.7 Rest of the Asia Pacific
- 8.5 Latin America
- 8.5.1 Mexico
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 Turkey
- 8.6.3 Iran
- 8.6.4 Rest of Middle East & Africa
- 11. SWOT Analysis
- 12. Porter’s Five Forces
- 13. Market Value Chain Analysis
- 14. Competitive Landscape
- 12.1 Competitive Scenario
- 12.2 Company Profiles
- 12.2.1 AlertEnterprise Inc.
- 12.2.2 BAE Systems
- 12.2.3 Broadcom Inc.
- 12.2.4 Cisco Systems Inc.
- 12.2.5 Honeywell International Inc.
- 12.2.6 International Business Machines Corporation
- 12.2.7 Leidos
- 12.2.8 Lockheed Martin Corporation
- 12.2.9 N-Dimension Solutions Inc. (IPKeys Power Partners LLC)
- 12.2.10 Siemens Aktiengesellschaft
- 12.2.11 Sophos Ltd. (Thoma Bravo LLC)
- List of Figures
- Figure 1: Global Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 2: Global Smart Grid Security Market by Solution, 2024
- Figure 3: Global Smart Grid Security Market by Deployment, 2024
- Figure 4: Global Smart Grid Security Market by Security Type, 2024
- Figure 5: Global Smart Grid Security Market by Subsystem, 2024
- Figure 6: Global Smart Grid Security Market by Application, 2024
- Figure 7: Global Smart Grid Security Market by Region, 2024
- Figure 8: Global Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 9: Global Smart Grid Security Market by Solution (in %), 2024 & 2034
- Figure 10: Global Antivirus & Antimalware Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 11: Global Antivirus & Antimalware Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 12: Global Identity and Access Management Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 13: Global Identity and Access Management Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 14: Global Encryption Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 15: Global Encryption Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 16: Global Services Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 17: Global Services Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 18: Global Smart Grid Security Market by Deployment (in %), 2024 & 2034
- Figure 19: Global On-Premise Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 20: Global On-Premise Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 21: Global Cloud Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 22: Global Cloud Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 23: Global Smart Grid Security Market by Security Type (in %), 2024 & 2034
- Figure 24: Global Endpoint Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 25: Global Endpoint Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 26: Global Network Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 27: Global Network Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 28: Global Application Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 29: Global Application Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 30: Global Database Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 31: Global Database Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 32: Global Smart Grid Security Market by Subsystem (in %), 2024 & 2034
- Figure 33: Global Advanced Metering Infrastructure (AMI) Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 34: Global Advanced Metering Infrastructure (AMI) Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 35: Global Data Acquisition/Industrial Control System (SCADA/ICS) Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 36: Global Data Acquisition/Industrial Control System (SCADA/ICS) Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 37: Global Demand Response and Home Energy Management Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 38: Global Demand Response and Home Energy Management Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 39: Global Supervisory Control Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 40: Global Supervisory Control Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 41: Global Smart Grid Security Market by Application (in %), 2024 & 2034
- Figure 42: Global Consumption Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 43: Global Consumption Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 44: Global Generation Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 45: Global Generation Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 46: Global Distribution and Control Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 47: Global Distribution and Control Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 48: Global Smart Grid Security Market by Region (in %), 2024 & 2034
- Figure 49: Europe Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 50: Europe Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 51: Europe Smart Grid Security Market by Country (in %), 2024 & 2034
- Figure 52: Germany Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 53: United Kingdom Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 54: France Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 55: Italy Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 56: Spain Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 57: Russia Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 58: Netherlands Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 59: North America Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 60: North America Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 61: North America Smart Grid Security Market by Country (in %), 2024 & 2034
- Figure 62: United States Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 63: Canada Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 64: Asia Pacific Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 65: Asia Pacific Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 66: Asia Pacific Smart Grid Security Market by Country (in %), 2024 & 2034
- Figure 67: China Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 68: Japan Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 69: India Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 70: South Korea Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 71: Australia Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 72: Indonesia Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 73: Latin America Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 74: Latin America Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 75: Latin America Smart Grid Security Market by Country (in %), 2024 & 2034
- Figure 76: Mexico Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 77: Brazil Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 78: Argentina Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 79: Middle East & Africa Smart Grid Security Market (in US$ Million), 2020-2024
- Figure 80: Middle East & Africa Smart Grid Security Market (in US$ Million), 2025-2034
- Figure 81: Middle East & Africa Smart Grid Security Market by Country (in %), 2024 & 2034
- Figure 82: Saudi Arabia Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 83: Turkey Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 84: Iran Smart Grid Security Market (in US$ Million), 2020-2034
- Figure 85: Market Value Chain
- List of Tables
- Table 1: Global Smart Grid Security Market Portraiture
- Table 2: Global Smart Grid Security Market by Solution (in US$ Million), 2024 & 2034
- Table 3: Global Smart Grid Security Market by Deployment (in US$ Million), 2024 & 2034
- Table 4: Global Smart Grid Security Market by Security Type (in US$ Million), 2024 & 2034
- Table 5: Global Smart Grid Security Market by Subsystem (in US$ Million), 2024 & 2034
- Table 6: Global Smart Grid Security Market by Application (in US$ Million), 2024 & 2034
- Table 7: Global Smart Grid Security Market by Region (in US$ Million), 2024 & 2034
- Table 8: Europe Smart Grid Security Market by Country (in US$ Million), 2024 & 2034
- Table 9: North America Smart Grid Security Market by Country (in US$ Million), 2024 & 2034
- Table 10: Asia Pacific Smart Grid Security Market by Country (in US$ Million), 2024 & 2034
- Table 11: Latin America Smart Grid Security Market by Country (in US$ Million), 2024 & 2034
- Table 12: Middle East & Africa Smart Grid Security Market by Country (in US$ Million), 2024 & 2034
- Table 13: List of Key Players
Research Assistance
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