Operational Technology Security Market is predicted to reach USD 105,933.4 million at a CAGR of 21.7% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Operational Technology Security Market” that contains information from 2018 to 2032. The Operational Technology Security market is estimated to register a CAGR of 21.7% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Operational Technology Security market— Honeywell International Inc., Schneider Electric, Palo Alto Networks, Cisco Systems Inc., Fortinet Inc., General Electric, HCL Technologies Ltd, Vmware, Inc., Broadcom, Kaspersky Lab, General Electric, Rockwell Automation, Inc, Pas Global LLC (Hexagon AB), Forescout Technologies Inc, Darktrace, Nozomi Networks Inc, and Scadafence.

Market Highlights

The global Operational Technology Security market is accounted to register a CAGR of 21.7% during the forecast period and is estimated to reach USD 105,933.4 million by 2032.

The Operational Technology (OT) Security market pertains to the implementation of specialized cybersecurity measures to safeguard industrial and critical infrastructure systems. It focuses on protecting operational technology networks, devices, and control systems from cyber threats, ensuring the reliability, safety, and continuity of essential processes in sectors such as manufacturing, energy, and transportation.

Segment Analysis

The global Operational Technology Security market has been segmented based on Component, Deployment and End Use Industry.

On the basis of Component, the market is segmented into Solution and Services. With a share of almost 67.8% of the market revenue in 2022, The Solution owned the lion's share. Further sub-divisions of the solution sector include OT endpoint security, OT network segmentation, anomaly detection, incident response and reporting, and others.

Based on Deployment, the global Operational Technology Security market has been segmented into On-Premise, Hybrid, and Cloud. In 2022, On-Premise led the market, and it is anticipated that it would do so again over the projection period of 2022–2032. In order to support production analytics and optimisation, ICS infrastructure is becoming more interconnected with the outside world in tandem with evolving Industry 4.0 trends and the convergence of IT and operational technology (OT) environments.

Regional Analysis

The global Operational Technology Security market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Operational Technology Security market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Operational Technology Security market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Operational Technology Security market comprises of Middle East, Africa, and Latin America.

The North American Operational Technology Security Market dominated this market in 2022 In 2022, On-Premise led the market, and it is anticipated that it would do so again over the projection period of 2022–2032. In order to support production analytics and optimisation, ICS infrastructure is becoming more interconnected with the outside world in tandem with evolving Industry 4.0 trends and the convergence of IT and operational technology (OT) environments.

Additionally, the second-largest market for OT security is Europe. The continent is home to both some of the most technologically advanced and startup-friendly nations, including Israel and the UK, as well as some of the largest industrial powers in the world, including Germany. The rise in data traffic, the arrival of 5G, the rise in cloud-based data centres, employee mobility, and the growing adoption of IoT technologies are some of the major factors driving the market growth. These factors are encouraging businesses and service providers to integrate operational technology security solutions into their networks. One of the pioneers in OT security adoption is Europe.

Moreover, one of the markets with the greatest growth for OT security is Asia-Pacific. The market is being driven ahead by the expanding industrial growth in the area, particularly in nations like China and India. Asia-Pacific is home to countries with strong manufacturing and technological capabilities, which has resulted in a demand for OT security. The key factors driving the growth of the regional market are increasing need to consolidate the threat detection and prevention operations at one place, and enterprises focus on the vulnerability and threat exposures of their systems.

Key Findings of the Study

• The global Operational Technology Security market is expected to reach USD 105,933.4 million by 2032, at a CAGR of 21.7% during the forecast period.


• The North American Operational Technology Security Market dominated this market in 2022 In 2022, On-Premise led the market, and it is anticipated that it would do so again over the projection period of 2022–2032.


• Based on Component, With a share of almost 67.8% of the market revenue in 2022, The Solution owned the lion's share.


• Honeywell International Inc., Schneider Electric, Palo Alto Networks, Cisco Systems Inc., Fortinet Inc., General Electric, HCL Technologies Ltd, Vmware, Inc., Broadcom, Kaspersky Lab, General Electric, Rockwell Automation, Inc, Pas Global LLC (Hexagon AB), Forescout Technologies Inc, Darktrace, Nozomi Networks Inc, and Scadafence.