Market Highlights: Cybersecurity has been a primary concern for utilities for decades, due to their important roles as operators of critical infrastructure and providers of essential services. However, the concern over cybersecurity continues to climb up the utilities’ agendas, which is driven by the increasingly interconnected nature of their infrastructure and systems, and growing number of attacks targeting the utilities market. Utilities need to be transition to a more connected and smart energy system. They are also adopting the IoT technologies which potentially open up utilities’ systems and infrastructure to the outside of the world. Which include sensors, smart meters, and other grid monitoring devices The market study is being classified by Type (Network Security, End point Security, Application Security, Cloud Security and Other Security) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Cybersecurity In Utilities are IBM (United States), Microsoft (United States), Cisco (United States), Check Point (United States), Symantec (United States), CyberArk (Israel), F5 Networks (United States), FireEye (United States), Fortinet (United States), Palo Alto Networks (United States), Imperva (United States), Qualys (United States), F-Secure (Finland) and Micro Focus (United Kingdom).
Major Market Development Highlights IBM Security and McAfee extended their partnership to integrate IBM IRP with Data Exchange Layer (DXL) and provide better protection through automation and intelligence sharing Symantec announced the development of a powerful threat detection technology, which was used by its world-class research teams. Symantec’s Targeted Attack Analytics (TAA) enables ATP, thereby helping customers leverage advanced machine learning and discover targeted attacks
Key Questions Answered in the Report What will the Cybersecurity In Utilities Market size and the growth rate be in Future? What are the key factors driving the Cybersecurity In Utilities Market? What are the key market trends and macro-economic impacting the growth of the Cybersecurity In Utilities Market? What are the challenges to market growth? Who are the key vendors in the Cybersecurity In Utilities Market? What are the market opportunities and threats faced by the vendors in the Cybersecurity In Utilities Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Cybersecurity In Utilities Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cybersecurity In Utilities market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cybersecurity In Utilities market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cybersecurity vendors, Information security consultants, Security system integrators, Government agencies, Consulting firms, Managed Security Service Providers (MSSPs), Value-Added Resellers (VARs) and Independent software vendors. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.