The major contributing factor for the growth of the market for Industrial Control Systems Security can be increasing adaption of forth industrial revolution, which includes, , cloud computing, the Internet of things, cyber-physical systems and cognitive computing. IT includes computers, storage, networking devices and other physical devices, infrastructure and processes relating applications, to create, process, store, secure and exchange all forms of electronic data, which is integrated with OT, which mainly deals with manufacturing and industrial environments, includes industrial control systems (ICS) such as supervisory control and data acquisition (SCADA).
Market Size – USD 12.7 billion in 2018, Market Growth – CAGR of 6.5%, Market Trends –Increasing demand for cloud based SCADA/HMI/DCS solutions.
The Industrial Control Systems Security Market is expected to grow from USD 12.7 billion in 2018 to USD 19.3 billion by 2026, at a CAGR of 6.5% during the forecast period. Increasing adaption of forth industrial revolution, which includes, cyber-physical systems, the Internet of things, cloud computing and cognitive computing, integration of information technology and operational technology, increasing concerns regarding cyber threats, such as Dugu, Ransomware and Flame, growth of deployment of industrial control systems, increasing demand for cloud based SCADA/HMI/DCS solutions, adoption of smart grid technology, a 2-way digital communication used to supply electricity to the consumers, increasing demand for big data analytics security and collaborations between ICS security and cyber insurance vendors are some of the driving factors of the market.
Frequent security updates absorbing more power, ICS being prone to security breaches and lack of awareness may be the major restraining factors for the ICS security market.
Players will require increased investments to tackle these restraints and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the Industrial Control Systems Security market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.
Key players with in Industrial Control Systems Security market are Sophos (US), Check Point Software (Israel), ABB (Switzerland), Cisco (US), McAfee (US), Honeywell (US), FireEye (US), Fortinet (US), Kaspersky Lab (Russia), BHGE (US), Belden (US), BAE Systems (UK), Airbus (France), Bayshore Networks (US), CyberArk (US), Dragos (US), Cyberbit (Israel), Indegy (US), Palo Alto Networks (US), Nozomi Networks (US), Rockwell Automation (US), Positive Technologies (US), SecurityMatters (Netherlands), Schneider Electric (France), Symantec (US), and Waterfall Security Solutions (Israel)
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1077
Further key findings from the report suggest
The report “Industrial Control Systems Security Market 2026” is available now to Reports and Data customers and can also be purchased directly at: https://www.reportsanddata.com/report-detail/industrial-control-systems-security-market
For the purpose of this report, the market has been segmented on the basis of security type, component, industry vertical and regional analysis.
Security type Outlook (Revenue, USD Million; 2018–2026)
Component Outlook (Revenue, USD Million; 2018–2026)
Industry vertical Outlook (Revenue, USD; 2018-2026)
Regional Outlook (Revenue, USD Million; 2018–2026)
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1077
Thank you for reading our report. Please connect with us to know more about the report and its customization feature. Our team will ensure the report is well suited to meet your requirements.
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Browse More Reports: