DUBLIN--(BUSINESS WIRE)--The "Global Critical Infrastructure Protection Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The publisher, in its research report, estimates the global critical infrastructure protection market to proliferate with a CAGR of 6.89% during the estimated phase between 2021 and 2028.
Several factors are responsible for driving the growth of this market. These include the implementation of smart grid technology on a large scale as well as a rise in the instances of cyber threats, insider attacks, and physical threats.
Also, in the present market environment, technologies like cloud computing are fundamentally changing the way information technology is used. The cloud computing technology and critical infrastructure protection systems working in conjunction are also contributing to market growth.
However, the lack of understanding of industrial control systems and poor interoperability among products is hampering the growth process. On the brighter side, though, the IoT technology (Internet of Things) is driving the growth of the information and physical security market. This is propelling the critical infrastructure protection market growth.
The global market for critical infrastructure protection spans across the regions of North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa.
North America is the largest market globally, accounting for the highest share in the CIP market. The region is an early adopter of technologies. In Canada, the implementation of the National Strategy and Action Plan for Critical Infrastructure has helped develop a risk-based approach for strengthening the resiliency of the nation's crucial systems and assets. This is aiding the overall market growth.
Further, according to the US Department of Energy, the annual investment for the development of smart grid technology in the US is expected to rise significantly. These rising investments in smart grids to improve the security, flexibility, reliability, and efficiency of the electricity system is also supplementing the market growth in the North America region.
Companies Mentioned
- BAE Systems plc
- Honeywell International Inc
- Raytheon Co
- Airbus Se
- Hexagon Ab
- General Electric Company
- Mcafee Inc (Tpg Capital)
- Waterfall Security Solutions Ltd
- General Dynamics Corporation
- Lockheed Martin Corporation
- Northrop Grumman Corp
- Kaspersky Lab Inc
- Ericsson Ab
- Teltronic
- Axis Communications
Key Topics Covered:
1. Global Critical Infrastructure Protection Market - Summary
2. Industry Outlook
2.1. Key Insights
2.1.1. Growing Need to Secure Operational Technology Networks
2.1.2. Increasing Disruption in the Cyber Domain
2.2. Porter's Five Forces Analysis
2.3. Value Chain Analysis
2.4. Industry Policies
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Key Market Strategies
2.7.1. Acquisitions
2.7.2. Product Launch
2.7.3. Partnership & Agreements
2.8. Market Drivers
2.8.1. Implementation of Smart Grid Technology on a Large Scale
2.8.2. Insider Attacks, Cyber Threats, and Physical Threats
2.8.3. Joint Functioning of Cloud Computing and Critical Infrastructure Protection
2.8.4. Political Pressure for Efficient Regulations
2.9. Market Restraints
2.9.1. Lack of Understanding of Industrial Control Systems
2.9.2. Poor Interoperability Between Products
2.10. Market Opportunities
2.10.1. IoT Driving the Information and Physical Security Market
3. Global Critical Infrastructure Protection Market Outlook - by Security Technology
3.1. Network Security
3.2. Physical Security
3.2.1. Screening and Scanning
3.2.2. Video Surveillance
3.2.3. Psim and Piam
3.2.4. Access Control
3.3. Vehicle Identification Systems
3.4. Building Management Systems
3.5. Secure Communications
3.6. Radar
3.7. Scada Security
3.8. Cbrne
4. Global Critical Infrastructure Protection Market Outlook - by Services
4.1. Risk Management Services
4.2. Designing, Integration, and Consultation
4.3. Managed Services
4.4. Maintenance and Support
5. Global Critical Infrastructure Protection Market Outlook - by Vertical
5.1. Energy and Power
5.2. Transportation
5.3. Sensitive Infrastructure and Enterprises
6. Global Critical Infrastructure Protection Market - Regional Outlook
6.1. North America
6.2. Europe
6.3. Asia-Pacific
6.4. Latin America
6.5. Middle East and Africa
7. Competitive Landscape
7.1. BAE Systems plc
7.2. Honeywell International Inc
7.3. Raytheon Co
7.4. Airbus Se
7.5. Hexagon Ab
7.6. General Electric Company
7.7. Mcafee Inc (Tpg Capital)
7.8. Waterfall Security Solutions Ltd
7.9. General Dynamics Corporation
7.10. Lockheed Martin Corporation
7.11. Northrop Grumman Corp
7.12. Kaspersky Lab Inc
7.13. Ericsson Ab
7.14. Teltronic
7.15. Axis Communications
8. Methodology & Scope
For more information about this report visit https://www.researchandmarkets.com/r/3tkswh
