Industrial Control Systems Security Market Revenue, Forecast, Overview and Key Companies Analysis by 2028


Market Size – USD 15.24 billion in 2019, Market Growth - CAGR of 6.9%, Market Trends – The rise in the application of smart grid technology for crucial infrastructure security.

The report provides detailed insights into Industrial Control Systems Security market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Industrial Control Systems Security market size over the forecast period, 2020–2028. The report includes profiles of major players in the Industrial Control Systems Security market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Industrial Control Systems Security market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Industrial Control Systems Security market.

The global Industrial Control Systems Security Market is forecasted to be worth USD 25.12 Billion by 2027, according to a current analysis by Emergen Research. The industrial control system security market is expected to grow substantially over the forecast period owing to the rising cyber threats like Night Dragon Operation and Stuxnet in various industries. The growing smart grid implementations, cloud technology for essential infrastructure security, and increasing corporate investment on industrial control systems are expected to further boost the market growth.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Industrial Control Systems Security market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Industrial Control Systems Security market revenue growth to a significant extent over the forecast period.

Key Highlights From The Report

  • In October 2019, In order to enhance industrial control systems security to prevent cyber-attack, ABB Inc. had collaborated with IT firms like Microsoft, Check Point Software, Israel-SCADAfence, and Fortinet. With this collaboration, ABB Inc. will enhance the quality of its systems shortly.
  • Owing to significant benefits such as enhanced security controls, improved cybersecurity, vulnerability prevention, enhanced monitoring, quick and simple implementation, effective integration with networks, the endpoint security segment held the largest market with a share of 32.7% in 2019 in the industrial control systems security market.
  • The consultancy and integration segment is anticipated to dominate the market over the forecast period owing to benefits such as improved efficiency, centralized, safe storage, easy operation, time and cost-efficiency, real-time connectivity, and transparency.

Top key vendors in Industrial Control Systems Security Market include are:

  • Cisco Systems, Inc.,
  • Honeywell International Inc.,
  • Claroty Ltd.,
  • CyberArk,
  • Airbus SE,
  • Palo Alto Networks, Inc.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

  • Transportation
  • Power Energy
  • Healthcare
  • Manufacturing

On the basis of product, this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into

  • Network
  • Application
  • Database
  • Endpoint

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Industrial Control Systems Security Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Industrial Control Systems Security industry

North America Industrial Control Systems Security market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Industrial Control Systems Security growth strategies and initiatives. 

Asia Pacific Industrial Control Systems Security market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Industrial Control Systems Security market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Industrial Control Systems Security market revenue growth in Asia Pacific.

Europe Industrial Control Systems Security market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Industrial Control Systems Security market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Industrial Control Systems Security revenue growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Industrial Control Systems Security industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Industrial Control Systems Security market across different regions?
  • Who are the major driving forces expected to decide the fate of the Industrial Control Systems Security industry worldwide?
  • Who are the prominent market players making a mark in the Industrial Control Systems Security market with their winning strategies?
  • Which Industrial Control Systems Security industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Industrial Control Systems Security market?

Table of Content

Chapter 1. Methodology Sources

    1.1. Industrial Control Systems Security Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Industrial Control Systems Security Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Industrial Control Systems Security Market Segmentation Impact Analysis

    4.1. Industrial Control Systems Security Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Industrial Control Systems Security Market indicators analysis

          4.2.2. Industrial Control Systems Security Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Industrial Control Systems Security Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Industrial Control Systems Security products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Industrial Control Systems Security Market Revenue Share By Manufacturers

    10.2. Mergers Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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