Industrial Cybersecurity Market Improvement Study by Dynamics, Opportunities and Driving Forces to 2029
Posted on Jan 10 2023 10:24 AM
"The market is projected to grow from USD 15.84 billion in 2019 to USD 29.41 billion in 2027 at a CAGR of 8.2% in the 2020-2027 period "
Global Industrial Cybersecurity Market report explores comprehensive and insightful information about various key factors like regional growth, segmentation, CAGR, business revenue status of top key players and drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
The Industrial Cybersecurity Market report majorly focuses on market trends in 2022, historical growth rate, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter’s Five Forces Analysis.
The market is projected to grow from USD 15.84 billion in 2019 to USD 29.41 billion in 2027 at a CAGR of 8.2% in the 2020-2027 period
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KEY INDUSTRY DEVELOPMENTS:
- June 2020: Microsoft Corporation completed the acquisition of CyberX, provider of industrial IoT, Operational Technology and infrastructure solutions. The acquisition assisted the company to boost the adoption and secure users’ IoT deployments.
- February 2020: Rockwell Automation, Inc., completed acquisition of Kalypso, an Ohio-based company. The acquisition assisted Rockwell to develop and offer a full suite of security solutions across consulting, business process management, and enterprise technologies.
The Study Objectives of this Report Are:
- To analyze global status, future forecast and growth opportunity.
- To present the market development in North America, Europe, China, Japan, Southeast Asia, India and Central and South America.
- To strategically profile the key players and comprehensively analyse their development plan and strategies.
- To define, describe and forecast the Industrial Cybersecurity Market by type, global size and key regions.
List of Key Companies Operating in Industrial Cybersecurity Market Include:
- IBM Corporation (New York, United States)
- ABB Ltd. (Switzerland)
- Check Point Software Technologies Ltd. (Israel)
- Schneider Electric (Rueil-Malmaison, France)
- Mcafee, LLc (Intel Security) (California, United States)
- Cisco Systems, Inc. (California, United States)
- Honeywell International Inc. (North Carolina, United States)
- Microsoft Corporation (Washington, United States)
- Siemens AG (Munich, Germany)
- Trend Micro, Inc. (Tokyo, Japan)
- Splunk Inc. (California, United States)
- Rockwell Automation, Inc. (Wisconsin, United States)
- Bayshore Networks, Inc. (North Carolina, United States)
- Broadcom Inc. (California, United States)
- Kaspersky Lab (Moscow, Russia)
- Dell Inc. (Texas, United States)
- Proofpoint, Inc. (California, United States)
- FireEye, Inc. (California, United States)
- Symantec Corporation (NortonLifeLock Inc.) (Arizona, United States)
- Palo Alto Networks (California, United States)
Some of the Key Questions Answered in this Report:
- What trends, challenges and barriers will impact the development and sizing of the global market?
- SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
- What is the Industrial Cybersecurity Market growth momentum or market carries during the forecast period?
- Which region may tap the highest market share in the coming era?
- Which application/end-user category or Product Type may seek incremental growth prospects?
- What focused approach and constraints are holding the market demand?
The report specifically highlights company profiles with regional outlook, product portfolio, sales data, distribution chain, manufacturing, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors to help the new entrants understand the market scenario better.
Important factors like strategic developments, government regulations, end-users, target audience, distribution network, branding, product portfolio, market share, threats and barriers, growth drivers and latest trends in the industry are also
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Increasing Acceptance of Cloud Technologies Among Heavy Manufacturing Industry to Aid Growth
Based on the security type, the industrial cybersecurity market is classified into network security, cloud application security, end-point security, internet security and others.
Among all, cloud application security is anticipated to grow with the highest CAGR during the forecast period. This is mainly attributable to the increasing adoption of cloud technology across the heavy manufacturing industry. The network security, end-point security, internet security segment is expected to rise at a stable growth rate during the forecast period. The growth in the segment is owing to increasing demand for stable and secure security solutions across industries such as energy, food & beverages, automotive and others
Market Segment Analysis -Market Segment Analysis –
By Security Type
- Network Security
- Cloud Application Security
- End-point Security
- Internet Security
- Others (Wireless Security, etc.)
- Oil and Gas
- Food and Beverages
- Energy and Power
- Other (Water, etc.)
- Heavy Manufacturing
- Others (Aerospace and Defense, and etc.)
- By Geography
- North America (By Component; Security Type; Industry; and Country)
- United States (By Discrete Industry)
- Canada (By Discrete Industry)
- Mexico (By Discrete Industry)
- South America (By Component; Security Type; Industry; and Country)
- Brazil (By Discrete Industry)
- Argentina (By Discrete Industry)
- Rest of South America
- Europe (By Component; Security Type; Industry; and Country)
- United Kingdom (By Discrete Industry)
- Germany (By Discrete Industry)
Key Points from TOC:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
- Executive Summary
- Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
- Key Insights
4.1 Global Statistics — Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario — Key Countries
4.5 Recent Industry Developments — Partnerships, Mergers & Acquisitions
- Global Industrial Cybersecurity Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
- Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis — Major Players
- Company Profiles
- Strategic Recommendations
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