As per this study the Global Industrial Control Systems Security Market was valued USD 13 BN (by revenue) in 2017 and is anticipated to reach USD 20.2 BN by 2024 with a CAGR of 6.5%.
 
Industrial control systems security is a smart technology that offers the assurance of industrial control systems along with the coordinated programming and equipment utilized to control and monitor the working environment of industrial hardware. They gather information from operational data and sensors at isolated stations, they are linked with the information technology and communications networks owing to their distributed nature can be information retrieved through the internet. Therefore, it controls and deals with the entire thing from robot to various power plants in the industry.
 
Objectives of the Study:

• Define and measure the global industrial control systems security market
• Revenue forecast of the global industrial control systems security market and its various sub-segments with respect to main geographies
• Analyze and identify major market trends along with the factors driving or inhibiting the market growth
• Study the company profiles of the major market players with their market share
• Analyze competitive developments

 
Market Dynamics
 
Rising deployment of smart technology such as cloud, smartphones, and tablets in supervisory control and data acquisition (SCADA) and ICS is the major factor fueling the market growth. Also, rules and regulation set up by the respective bodies of various countries for operation, maintenance, and security of critical infrastructure are also supporting the growth of the industrial control systems market to some extent. On the other hand, lack of professionals coupled with the growing cases of cyber-attacks are the factors expected to hamper the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of industrial control systems security.
 
Market Segmentation
 
The broad industrial control systems security market has been sub-grouped into solution, service, security type, and vertical. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Solution

• Antimalware/antivirus
• Distributed Denial of Service (DDoS) Mitigation
• Encryption
• Firewall
• Identity and Access Management (IAM)
• Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
• Security and Vulnerability Management
• Security Configuration Management
• Security Information and Event Management (SIEM)
• Whitelisting
• Others

 
By Service

• Consulting and Integration Services
• Support and Maintenance Services
• Training and Development Services
• Incident Response Services
• Managed Security Services

 
By Security Type

• Network Security
• Endpoint Security
• Application Security
• Database Security

 
By Vertical

• Power
• Energy and Utilities
• Transportation Systems
• Manufacturing
• Others

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for industrial control systems security in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Industrial Control Systems Security Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the industrial control systems security market include ABB, Baker Hughes, Belden, Check Point Software Technologies, Cisco, Fireeye, Fortinet, Honeywell, and Mcafee. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.