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Industrial control systems security market to reach $13.88 billion by 2022

Industrial Market Research

Industrial Control Systems (ICS) security market size is expected to grow from $10.24 billion in 2017 to $ 13.88 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 6.3%.

A complete report on Industrial Control Systems Security Market spread across 206 pages, profiling 13 companies and supported with 95 tables and 39 figures.

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This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (18%); Tier 2 (47%) and Tier 3 (35%) companies were contacted for interviews.

The interviews were conducted with various key people such as C level (54%), Director Level (39%) and others (7%) from various key organizations.

The primary interviews were conducted worldwide covering regions such as Asia-Pacific (9%), Europe (15%), North America (69%), and Row (7%).

The IAM segment among the ICS security solutions is projected to grow at the highest rate during the forecast period since IAM reduces the risk of unauthorized access to critical systems. To better protect industrial sectors such as power, energy and utilities, chemical and manufacturing, and others, companies need to be able to control access to their networked resources, all of which have unique challenges.

IAM also reduces the risk of malicious or untrained people gaining unauthorized access to critical infrastructure components and interfering with their operation, thereby lowering overall business risk.

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Table of Content: Market Overview and Industry Trends

1.      Types of Threats to Industrial Control Systems

2.      DDOS Attacks

3.      Social Engineering and Phishing

4.      Malware Infection Via Internet and Intranet

5.      Intrusion Via Remote Access

6.      Intrusion of Malware Through Removable Media and External Hardware

7.      Market Dynamics

8.      Drivers

9.      Exponential Rise in Cyber-Attacks and Network Security Threats

10.  Huge Investments in Smart Technologies

11.  Support From Government Organizations for ICS Security

12.  Restraints

13.  High Cost of Innovation and Budget Constraints

14.  Presence of Legacy ICS That are More Prone to Cyber Threats

15.  Opportunities

16.  Advent of IIoT

17.  Cloud Computing for ICS Protection

18.  Challenges

19.  Lack of Awareness About ICS Security

The ICS security market has been segmented based on solutions, services, security types, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overview; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; expansions; and competitive landscapes associated with the ICS security market.

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