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Global critical infrastructure protection market forecast to 2022 illuminated by new report

Global critical infrastructure protection market forecast to 2022 illuminated by new report

“Global Critical Infrastructure Protection Market - By Security Technology (Network Security, Physical Security, Vehicle Identification Management, Building Management Systems, Secure Communication, Radars, SCADA Security, CBRNE), Services (Risk Management)”.

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Global Critical Infrastructure Protection Market - By Security Technology (Network Security, Physical Security, Vehicle Identification Management, Building Management Systems, Secure Communication, Radars, SCADA Security, CBRNE), Services (Risk Management Services, Designing, Integration and consultation, Managed Services, Maintenance and Support), Industry, Geography, Trends, Forecast - (2017 - 2022)

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The Global Critical Infrastructure Protection market is valued at USD 94.76 billion in 2016 and is expected to reach a value of USD 154.59 billion by the end of 2022, growing at a projected CAGR of 8.5% during the forecast period of 2017 – 2022. Countries across the world are paying attention to their critical infrastructure, especially when the virtual and cyber world are exposed to innumerable threats of hacking, attacks and theft.

Critical infrastructure is mostly related to electricity, oil and gas, telecommunication, water supply generation, transmission and distribution, agriculture, food production and distribution, financial services, and security services. There is a dire need for cost-effective solutions to ensure better security and response handling in the case of an emergency.

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This cost-effectiveness eventually ensures a competitive edge to every organization. Critical infrastructure protection deploys, both traditional and modern cyber security technology, to ensure more reliability and better protection in the long run.

The global critical infrastructure protection market is segmented by security technology (network security, physical security, vehicle identification management, building management systems, secure communication, radars, SCADA security, CBRNE), by services (risk management services, designing, integration and consultation, managed services, maintenance and support, and others), by vertical (energy and power, transportation system, sensitive infrastructure and enterprises) by end-user industry (energy and power, healthcare systems, defense and aerospace, government, transportation sector) and by region (North America, Asia-Pacific, Latin America, Europe, Middle East and Africa).

The market is highly competitive with the presence of some big players such as -

BAE Systems

Honeywell International Inc.

EMC Corporation

Raytheon

Airbus

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