About Industrial Control Systems Security
Industrial Control Systems Security has traditionally been designed for durability, ease of safe use, and dependability. From the last decade, critical infrastructure security had become a fashionable topic, partly because the use of the internet and the use of commodity software brought security challenges to industries that so far had secluded themselves from common IT security threats. Growing awareness of industrial control systems security issues has brought about a growing body of work in this area, including pioneering contributions based on realistic control system logs and network traces is accelerating the growth of the industrial control systems security market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Players having a strong hold in the market are International Business Machines (IBM), Siemens AG, Honeywell International , and ABB Group. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Industrial Control Systems Security market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABB Group [Switzerland], Honeywell International Inc. (United States), McAfee, LLC (United States), Airbus SE (Netherlands), BAE Systems plc (United Kingdom), Check Point Software Technologies (Israel), DescriptionCisco Systems, Inc. (United States), Palo Alto Networks, Inc. (United States), Rockwell Automation, Inc. (United States) and Symantec Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are FireEye, Inc. (United States), Kaspersky Lab (Russia), Belden Incorporated (United States), Bayshore Networks (United States), Dragos, Inc. (United States), CyberArk (United States), Cyberbit Ltd. (Israel), Indegy (United States), Nozomi Networks Inc. (United States), Schneider Electric [France], Sophos Group plc (United Kingdom), Positive Technologies [United States], Waterfall Security Solutions [Israel], SecurityMatters - A Forescout Company (Netherlands) and Fortinet, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Control Systems Security market by Type (Endpoint Security, Database Security, Network Security and Application Security) and Region.
On the basis of geography, the market of Industrial Control Systems Security has been segmented into 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). If we see Market by Services, the sub-segment i.e. Audit & Reporting will boost the Industrial Control Systems Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Power will boost the Industrial Control Systems Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solutions, the sub-segment i.e. Data Loss Prevention (DLP) will boost the Industrial Control Systems Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Rapid Industrialization in Developing Economies and Implementation of Artificial Intelligence and the Internet of Things (IoT)
Market Growth Drivers:
Increasing Cyber Risks such as Stuxnet and Night Dragon and Increasing Smart Grid Deployments, Cloud Computing for Critical Infrastructure Protection
Challenges:
Lack of Expertise and Industries for Industrial Control Systems Understanding
Restraints:
Lack of Skilled Working Professionals
Opportunities:
Increase in Spending by the Industries for Industrial Control Systems and Increasing Strategic Partnerships Between ICS Security and Cyber Insurance Vendors
Market Leaders and their expansionary development strategies
On 5th August 2019, Nozomi Networks Inc. has announced that the company has signed a global partnership agreement with Schneider Electric. This agreement and Provides Schneider Electric customers with their ICS cybersecurity and visibility solution.
On 13th June 2019, Palo Alto Networks has announced that it has completed its acquisition of PureSec, to extend its Prisma cloud security strategy. This acquisition will strengthen their ability to secure serverless applications and deliver greater protections.
Key Target Audience
Industrial Control Systems Security Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.