The International Electrotechnical Commission (IEC) in agreement with the International Society of Automation (ISA) has defined a series of standards that define procedures for implementing secure Industrial Automation and Control Systems (IACS). The standard provides guidance to those that create products, integrate systems, and operate industrial automation and control systems.
The article cited AMA's "Global Cyber Security in Robotic Market Study" explored CAGR of 10.5%. According to the report, Growing Popularity of Human-Robot Collaboration, Industrial Robots, and Mobile Robots
is one of the primary growth factors for the market. Increased Connectivity of Robotic Systems to Corporate Networks, owing to Increase of Internet of Things (IoT) Systems and Connected Sensors
is also expected to contribute significantly to the Cyber Security in Robotic market. Overall, Industrial Robot
applications of Cyber Security in Robotic, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Services, such as Security Testing, is boosting the Cyber Security in Robotic market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Solutions, such as Authentication & Access Control, is boosting the Cyber Security in Robotic market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Operation Type, such as Controller Operated Robots, is boosting the Cyber Security in Robotic market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Cyber Security in Robotic market identified that the demand is rising in many different parts of the world as "Increasing Agile Production, Digital Production, Industry 4.0 and Smart Products & Technologies
". Furthermore, some recent industry insights like "On February 24, 2020, McAfee, the device-to-cloud cybersecurity company, has announced new innovations to its cloud-native MVISION platform with the availability of Unified Cloud Edge (UCE), which provides unified data and threat protection from the device level to the cloud." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cyber Security in Robotic market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cyber Security in Robotic market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cyber Security in Robotic market size is calculated using market estimation process, the Cyber Security in Robotic market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cyber Security in Robotic market size has been validated using both top-down and bottom-up approaches.