Industrial Cyber Security Market Research Report - Global Forecast to 2027

Industrial Cyber Security Market, By Product (Gateway, Routers and Ethernet switches), By Solutions (Antivirus, firewall, DDOS, Data loss Prevention (DLP) and SCADA), By Organization Size (Large & SME’s), By Industries (Manufacturing, Transportation, Power grid, Oil & Gas) and By Region (North America, Europe, APAC and Rest of the World)

ID: MRFR/ICT/2999-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2025 to 2020-2027. Cordially fill the sample form for updated data

Market Synopsis of Industrial cyber Security Market:


The Industrial Cyber Security market holds some of the major and diversified key players such as IBM Corporation (US), Honeywell International Inc (US), ABB ltd (Switzerland), Cisco Systems, Schneider Electric (France), Rockwell Automation (US), Dell In, Bayshore Networks (US) and Kaspersky labs (Russia).


The Cyber Security market growth is higher in North America in the terms of advancements in technology, manufacturing process operations and industrial infrastructure. Among all the regions North America is the hub for a large number of industries and due to early adoption of innovative technology. Also, Asia – pacific is following the lead because of increasing opportunities in emerging countries of Middle East, their adoption towards cloud services and inclination to industrial automation.


The market of Industrial Cyber security can be broken down to products, solutions, industries, organization size and by the region. On the basis of the components, the cyber security market is divided into Gateways, Routers and Ethernet switches. Out of these, Routers and Ethernet switches holds the largest market share of the product industrial cyber security market. This is majorly due the breaches in the security targeting the infrastructure of the industries and the operation process of plants to get the sensitive data. Also, with the advancements in the connected systems, internet penetration and IIoT, usage of gateways results in the growth of cyber security market.


Many government organizations are raising funds to tackle the situation of security breaches and increase in the web based application for a more number of connected devices for easier and safer transmission of data over the secured networks. On the basis of industries, Transportation industry is prone to cyber threats due to increase in the Whole connected systems rather than standalone systems followed by power grid.


Industrial cyber security is a highly growing and dynamic area of concern including the industrial control systems, network security, the hardware and the network solutions which is designed for the secured operation of machines and plants in the industries. It manages, monitors and look up to everything connected centrally and operated by machines like robotics, power plants and other energy related systems.


Global Industrial Cyber Security Market, USD Billion
Global Industrial Cyber Security Market, USD Billion


Various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. The leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Since many different industries such as Transportation, Power grid, oil & gas and manufacturing are turning to whole connected systems rather than stand alone, these industries are moving towards the cyber-attacks. The Industrial Cyber Security market is highly competitive due to the increase in web based applications and Government funding towards secured centrally connected systems.


The Industrial Cyber Security market is expected to reach approximately 24.41 USD billion by the end of 2023 with 10.97 % CAGR during the forecasted period from 2017 – 2023.


Segments


For the purpose of this study, Market Research Future has segmented the market of Industrial Cyber Security into product, solutions, industries, organization size and region.


Product



  • Gateway

  • Router

  • Ethernet Switches


Solutions



  • Antivirus

  • Firewall

  • DDos

  • Data Loss Prevention (DLP)

  • SCADA


Organization Size



  • Large

  • SME’s


Industries



  • Manufacturing

  • Transportation

  • Power grid

  • Oil & Gas


Region



  • North America

  • Europe

  • Asia pacific

  • Rest of the world.


Intended Audience



  • Device manufacturers

  • Network Operators

  • Network Security providers

  • Distributors

  • Suppliers

  • Research firms

  • Software Developers

  • IT enablers

  • Vendors

  • Government

  • Vendors



Frequently Asked Questions (FAQ) :


Some of the key market leaders are IBM Corporation (US), ABB Ltd (Switzerland), Honeywell International Inc (US), Cisco Systems, Schneider Electric (France), Dell In, Bayshore Networks (US) Rockwell Automation (US), and Kaspersky Labs (Russia).

The industrial cyber security market is anticipated to achieve a valuation of USD 24.41 Bn by 2023.

The industrial cyber security market is poised to expand at 10.97% CAGR.

The segments identified on the basis of product are router, gateway, and Ethernet switches.

The industry-based segments of the industrial cyber security market are manufacturing, transportation, power grid, and oil & gas.

TABLE OF CONTENTS
1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY

2.1 RESEARCH INDUSTRIAL CYBER SECURITY

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS
4. EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 INDUSTRIAL CYBER SECURITY MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY PRODUCT

6.2.1.1 GATEWAYS

6.2.1.2 ROUTERS

6.2.1.3 ETHERNET SWITCHES

6.2.2 BY SOLUTIONS

6.2.2.1 ANTIVIRUS

6.2.2.2 FIREWALL

6.2.2.3 DDOS

6.2.2.4 DATA LOSS PREVENTION (DLP)

6.2.2.5 SCADA

6.2.3 BY INDUSTRIES

6.2.3.1 MANUFACTURING

6.2.3.2 POWER GRID

6.2.3.3 TRANSPORTATION

6.2.3.4 OIL & GAS

6.2.4 BY REGION

6.2.4.1 NORTH AMERICA

6.2.4.2 EUROPE

6.2.4.3 APAC

6.2.4.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 IBM CORPORATION (U.S.)

7.2.2 HONEYWELL INTERNATIONAL (U.S.)

7.2.3 ABB LTD (SWITZERLAND)

7.2.4 CISCO SYSTEMS (U.S.)

7.2.5 SCHNEIDER ELECTRIC (FRANCE)

7.2.6 ROCKWELL AUTOMATION (U.S.)

7.2.7 DELL INC (U.S.)

7.2.8 KASPERSKY LABS (U.S.)
LIST OF TABLES
TABLE 1 INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 2 INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 3 INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES

TABLE 4 INDUSTRIAL CYBER SECURITY MARKET, BY REGION

TABLE 5 NORTH AMERICA INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 6 NORTH AMERICA INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 7 NORTH AMERICA INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES

TABLE 8 U.S INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 9 U.S INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 10 U.S. INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES

TABLE 11 CANADA INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 12 CANADA INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 13 CANADA INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES

TABLE 14 EUROPE INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 15 EUROPE INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 16 EUROPE INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES

TABLE 17 GERMANY INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 18 GERMANY INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 19 FRANCE INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 20 FRANCE INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 21 U.K. INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 22 U.K. INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 23 REST OF EUROPE INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 24 REST OF EUROPE INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 25 ASIA-PACIFIC INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 26 ASIA-PACIFIC INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS

TABLE 27 REST OF THE WORLD INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT

TABLE 28 REST OF THE WORLD INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT (%)

FIGURE 3 INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS (%)

FIGURE 5 INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES (%)

FIGURE 6 INDUSTRIAL CYBER SECURITY MARKET, BY REGION (%)

FIGURE 7 NORTH AMERICA INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT (%)

FIGURE 8 NORTH AMERICA INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES (%)

FIGURE 9 EUROPE INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT (%)

FIGURE 10 EUROPE INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS (%)

FIGURE 11 EUROPE INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES (%)

FIGURE 12 ASIA-PACIFIC INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT (%)

FIGURE 13 ASIA-PACIFIC INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS (%)

FIGURE 14 ASIA-PACIFIC INDUSTRIAL CYBER SECURITY MARKET, BY INDUSTRIES (%)

FIGURE 15 REST OF THE WORLD INDUSTRIAL CYBER SECURITY MARKET, BY PRODUCT (%)

FIGURE 16 REST OF THE WORLD INDUSTRIAL CYBER SECURITY MARKET, BY SOLUTIONS (%)