Industrial Control Systems Security Market- Emerging Trends & Global Industry Forecast to 2026
The industrial control systems security market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, and trends worldwide. Also included in the research report is information pertaining to the companies partaking in the market share and the information pertaining to the regulatory norms that impact the commercialization landscape of this vertical.
The industrial control systems security market is estimated to garner considerable revenue growth on account of prompting need for efficient cybersecurity solutions. ICS security focuses on protecting integrated software and hardware developed to control and monitor the operation of machinery and other related devices used in industrial environments.
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Growing need to safeguard network end devices like mobiles, laptops, and desktop PCs from cyber threats is majorly augmenting ICS endpoint security segment growth. Adopting endpoint security is beneficial as it offers an encrypted framework to secure network infrastructure from data breaches and other attacks that might result in network malfunction.
In addition, these solutions help strengthen network infrastructure and safeguard weak connections. Based on the aforementioned factors, the ICS endpoint security segment is projected to expand at a CAGR of more than 15% through 2026.
Numerous benefits provided by UTM compared to other security solutions are considered to propel its deployment during the analysis period. UTM solutions offer numerous security functionalities and services that help enterprises save networks from security threats and malware attacks.
They drive diverse security function management using only one administration console. On account of these growth factors, the UTM solution segment is projected to grow at a healthy CAGR of above 20% over the forthcoming years.
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On the regional aspect, North America is considered to be a strategical ground for ICS security companies and is forecasted to hold more than 30% of the global industrial control systems security market share by the end of 2026. Factors like surging cyberattacks and growing investments across the U.S. oil & gas sector could play a vital role in strengthening the demand for ICS security solutions.
The competitive landscape of the global industrial control systems security market is inclusive of players like Trend Micro, Kaspersky Lab, Rockwell Automation, Honeywell International, and Schneider Electric among others.
Major Key Points from Table of Content:
Chapter 7 Industrial Control Systems Security Market, By Application
7.1 Market, key trends, by application
7.2 Power & energy
7.2.1 Market estimates and forecast, 2015-2026
7.3 Critical manufacturing
7.3.1 Market estimates and forecast, 2015-2026
7.4 Mining
7.4.1 Market estimates and forecast, 2015-2026
7.5 Water utility
7.5.1 Market estimates and forecast, 2015-2026
7.6 Transportation
7.6.1 Market estimates and forecast, 2015-2026
7.7 Chemical
7.7.1 Market estimates and forecast, 2015-2026
7.8 Other applications
7.8.1 Market estimates and forecast, 2015-2026
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