Industrial Control System Security (ICS) Market Size Was Val...| MENAFN.COM

Tuesday, 04 October 2022 05:25 GMT

Industrial Control System Security (ICS) Market Size Was Valued At $10.1 Billion - Industryarc


(MENAFN- EIN Presswire)

Market Research Reports, Business Consulting Services & Analytics

Industrial Control System Security (ICS) Market size was valued at $10.1 billion in 2020, and it is estimated to grow at a CAGR of 6.1% during 2021-2026.

HYDERABAD, TELANAGANA, INDIA, September 23, 2022 /EINPresswire.com / -- Industrial Control System Security (ICS) Market size was valued at $10.1 billion in 2020, and it is estimated to grow at a CAGR of 6.1% during 2021-2026. The growth is mainly attributed to the increasing adoption of IoT and automation technologies in industries, and is set to drive the market growth. Increased demand for process variables and automation including control valves and remote sensors/control has made existing infrastructure vulnerable to cyber-attacks, thereby compromising the integrity of critical information which is set to drive the ICS security market.

Click here to browse the complete report summary:


Key takeaways:

This IndustryARC report on the Industrial Control System Security (ICS) market highlights the following areas -

1. North America dominated the Industrial Control System Security market in terms of revenue in 2020 owing to the early adoption of advanced technologies and presence of major number of players.

2. Adoption of advanced technologies such as IoT in industries and stringent regulations for security is poised to propel the market growth.

3. Increasing adoption of Industrial Control System Security in transportation sector for various applications such as aviation, maritime is set to drive the market growth.

4. Lack of awareness in ICS security hamper the market growth.

Interested in knowing more relevant information? Click here:


Segmental Analysis:

1. Network Security held the major share of 30.1% in 2020. Network security solutions include access control, anti-virus and anti-malware software, application security, behavioral analytics, cloud security, data loss prevention, firewalls, intrusion prevention systems, wireless security and among others.

2. North America dominated the Industrial Control System Security market in 2020 with a market share of 34.8%, followed by Europe and APAC owing to the early adoption of advanced technologies such as IIoT, automation technologies and others. Additionally, the presence of high number of players, and high adoption rate of Industrial Control System Security in this region is set to drive the market.

3. Transportation is the fastest growing segment in Industrial Control System Security market and is estimated to grow at a CAGR of 5.7% during the forecast period 2021-2026. Increasing adoption of ICS security for critical transportation networks such as surface transportation, highway, aviation, maritime, and pipeline is set to drive the market growth.

Competitive landscape:

The top 5 players in the Industrial Control System Security industry are:

1. ABB
2. Check Point Software Technologies
3. Cisco
4. Honeywell
5. Mcafee

Click on the following link to buy the Industrial Control System Security Market Report:


Why Choose IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.

Related Reports:

A. Process Control Automation Market


B. Industrial and Factory Automation Market


Contact Us:

Mr. Venkat Reddy
IndustryARC
Email: ,
USA: (+1) 970-236-3677, (+1) 815-656-4596
IND: (+91) 40-485-49062

Venkat Reddy
IndustryARC
+1 614-588-8538

Visit us on social media:
Facebook
Twitter
LinkedIn

MENAFN23092022003118003196ID1104915053


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.