Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Industrial Control System (ICS) Security Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international. The research study also
emphasizes on the impact of restraints, drivers, and macro indicators on the regional
and world Industrial Control System (ICS) Security Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Industrial
Control System (ICS) Security Market is offered.
Market
Insights:
In accordance with the report, the Industrial Control
System (ICS) Security Market is projected to expand at a CAGR of X.X% over the period of forecast. The global Industrial Control System (ICS)
Security Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. The Industrial Control System (ICS) security market could expand due to
a few causes. Strong ICS security solutions are becoming more and more
necessary globally. Additionally, the adoption of IoT (Internet of Things)
across various industries fuels the expansion of the ICS security industry.
Additionally, corporate culture, globalisation, and a rapidly growing industry
are being adopted by all major nations. As a result, these elements propel the
market for industrial control system security to grow faster. Over the
projection period of 2023 to 2031, the ICS control systems market is broken
down regionally into North America, Asia Pacific, Europe, Middle East &
Africa, and the rest of the globe. The control system cyber security market is
most likely to be dominated by the North American area in the next years. It
holds a market share of 53.6% for Industrial Control System security. It is
anticipated to outpace market expectations at a high CAGR of 5.59%. It is
anticipated that the European region will have steady market growth. The
development in industrialisation and other factors are expected to cause the
Asia Pacific area to see a high CAGR. The advanced cyber-security challenges
are assisted by the ICS security systems.
Research
Methodology:
To compile
the detailed study of the global Industrial
Control System (ICS) Security Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Industrial Control System (ICS) Security
Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Industrial Control System (ICS) Security Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Industrial Control System (ICS) Security Market was
affected negatively due to the shutdown of manufacturing/processing facilities
for some time. The analysts have also focused on the key measures that the
companies are opting to withstand the harsh scenario.
Segment
Covered:
Industrial Control System (ICS) Security Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Industrial Control System (ICS) Security Market research report includes an in-depth coverage of the
industry with estimates & forecast from 2023 to 2031, for the following
segments:
Industrial
Control System (ICS) Security Market, By System Type, 2023-2031 (USD Million)
·
SCADA
·
PLC
·
DCS
·
Others
Industrial
Control System (ICS) Security Market, By Solution, 2023-2031 (USD Million)
·
Unified
Threat Management (UTM)
·
Data loss
prevention
·
Antivirus
·
Firewall
·
Distributed
Denial of Service (DDOS)
Industrial
Control System (ICS) Security Market, By Service, 2023-2031 (USD Million)
·
Change in
Management
·
Communication
Services
·
Managed
Support
·
Risk
Management
·
Others
Industrial
Control System (ICS) Security Market, By Vertical, 2023-2031 (USD Million)
·
Manufacturing
·
Food &
Beverage
·
Energy &
Power
·
Transportation
·
Others
Report
Highlights:
The prime objective of the Industrial Control
System (ICS) Security Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Industrial
Control System (ICS) Security Market, By Region, 2023-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Industrial
Control System (ICS) Security Market:
·
Rockwell
Automation Inc. (US)
·
BAE Systems
(UK)
·
Schneider
Electric (France)
·
ABB
(Switzerland)
·
Fortinet Inc.
(US)
·
Cisco Systems
Inc. (US)
·
Belden Inc.
(US)
·
Siemens AG
(Germany)
·
Check Point
Software Technologies Ltd. (Israel)
·
Honeywell
International (US)
·
AO Kaspersky
(Russia)
Industrial
Control System (ICS) Security Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry