Cyber Security in Robotic Market Scope
Cybersecurity for IoT robotic systems requires a multistep approach including a robust application security program. As more robots are connected to each other, the enterprise and the cloud, cybersecurity risks such as data breaches and production delays increase, thus damaging the financial aspects and reputation. Threats can come from many sources, either unwitting or intentional, and even from within. Cybersecurity for robotics demands that the system be flexible beyond current security technologies. In the near future, hackers could override industry safeguards, disrupt services, harm products and steal important information thus high-level abstractions may be used to secure the system whereas privacy is another major concern that may be achieved by certain access control mechanisms.
The Cyber Security in Robotic market study is segmented by Type (Software-based, Hardware-based, Network & Cloud and Other), by Application (Industrial Robot, Collaborative Robot, Service Robot and Others (Human-robot, Mobile Robots, AI-enabled Robots)) and major geographies with country level break-up. According to AMA, the Global Cyber Security in Robotic market is expected to see growth rate of 10.5%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cyber Security in Robotic market throughout the predicted period.
McAfee (United States), TUV Rheinland (Germany), Beyond Security (United States), Alias Robotics (Spain), Exida.com LLC (United States), SkyHopper (Israel), Aujas (India), Cloudflare (United States), Akamai Technologies (United States) and Symantec (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Karamba Security (United States), Radware (Israel), NTT Data (United Kingdom), Xelium Tech Solution (India), DXC Technology (United States) and Cloud Flare (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Cyber Security in Robotic market by Type, Application and Region.
On the basis of geography, the market of Cyber Security in Robotic 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).
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.
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.
Market Trend
- Growing Popularity of Human-Robot Collaboration, Industrial Robots, and Mobile Robots
- Development in ITP Protocol to Enhance the Security Features of Hardware System
Market Drivers
- Increased Connectivity of Robotic Systems to Corporate Networks, owing to Increase of Internet of Things (IoT) Systems and Connected Sensors
- Continuous Growth of Robotics Systems and Increase in Cybersecurity and Safety Risks & Challenges
- Increase in Cyber-Attacks, Combined With the Shift toward Automating Business Processes Using Robotic Process Automation (RPA)
Opportunities
- Increasing Agile Production, Digital Production, Industry 4.0 and Smart Products & Technologies
- Huge Investments in Technological Innovation and Developments such as Cognitive Learning Functions
Restraints
- High Implementation Cost of Security Systems and Technology
Challenges
- Lack of Awareness of Security Risk
- Integration of Security Features with Proper Functioning
Key Target Audience
Cybersecurity Solution Providers, Robot Manufacturers, System Integrators, IT & Software Service Providers, Technical Developers & Engineers and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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