Critical Infrastructure Protection Market Size, Sector / Industry Report & Analysis 2018-2025 (Includes Business Impact of COVID-19)

  • TBI245572
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                          

Abstract, Snapshot, Market Analysis & Market Definition: Global Critical Infrastructure Protection Market

The global critical infrastructure protection (CIP) market size was valued at USD 57.23 billion in 2016. It is anticipated to register a CAGR of 10.1% over the forecast period. Cybersecurity of nation’s asset is vital and thus, securing cyberspace is of utmost importance in growing digitization. Rising concerns regarding advanced threats such as cutting populations off from clean water, power, transportation, and emergency supplies, thereby disrupting economy and nation, are one of the key trends escalating market growth. A robust cybersecurity posture in an organization analyzes threats and mitigates them. Implementing CIP solution ensures organization safety and non-interrupted functioning of their critical infrastructure. It not only secures physical assets of national importance such as nuclear facilities, but also protects virtual assets such as defense blueprints. However, with the emergence of advanced cyber-attacks, the need for continuous development of cyber security solutions is on the rise. In every nation, it is important to protect government, transport, energy, and financial, among other critical infrastructure operation against terrorist activities and natural disaster. The U.S. government ensures implementation of robust cybersecurity posture in organizations and other facilities. In the recent past, the government established cybersecurity units and deterrence activities by enabling stringent policies aimed to reduce cyber-attacks causing catastrophic damage to the nation. Moreover, the National Protection and Programs Directorate (NPPD) aims to build public-private partnership to enhance security & resilience of nation’s physical and cyber infrastructure. Critical infrastructure protection plays a vital role in modern society. Increasing efforts to safeguard nation’s assets are being prioritized across the world. With rapid evolution of cyber threats in modern critical infrastructure, there is a growing emphasis on protecting the supervisory control and data acquisition (SCADA) systems and industrial control systems in order to maintain continuous operations and performance. Moreover, rapidly developing internet and interconnected network architecture are prompting governments and organizations to secure cyberspace aimed to curb threat vulnerabilities. Growing capabilities of adversaries to penetrate systems controlling all areas of critical infrastructure are raising concerns for several industries. In light to which, there is an increasing number of investments to encourage R&D of cybersecurity for launching of advanced critical infrastructure protection solutions. Moreover, governments are backing demand for CIP by implementing favorable policies for safety of assets. For instance, in 2018 Aperio Systems, an Israel-based critical infrastructure protection solution provider raised USD 4.5 million in seed funding. The company aims to use the funding for strategic investment in next-generation cybersecurity intrusion protection system to secure critical infrastructure.

Market Segmentation, Outlook & Viewpoint: Global Critical Infrastructure Protection Market

Security Type Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025) Operational Technology Information Technology Services Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025) Consulting Services Managed Services Risk Management Services Training & Support Services Application Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025) BFSI Energy & Power Government & Defense IT & Telecom Transportation Others

Key Players, Recent Developments & Regional Insights: Global Critical Infrastructure Protection Market

The energy & power segment dominated the market in 2016 and is likely witness significant growth, registering a CAGR of 10.8% over the forecast period. Globally, a significant voluntary efforts to increase planning and preparedness against cyber-attacks has been taken up by industries to ensure robust security measures. Emergence of smart grid has further necessitated the application of robust critical infrastructure protection to underpin infrastructure security and resilience. The transportation segment commanded a revenue share of 13.51% in the overall market in 2016. It is expected to witness a healthy CAGR during the forecast period. Transportation helps in quickly, safely, and securely allowing the moment of people, food, medicine, and other commodities within a country and overseas. Thus, transportation system is vital owing to economic importance and its various interdependencies with other infrastructure.

Regional Insights

North America was valued at USD 23.49 billion in 2016. Implementation of various bodies & policies by the U.S. government such as the Homeland Security Presidential Directive (HSPD-7) and the National Infrastructure Protection Programme (NIPPare contributing to the growth of the regional market. Furthermore, implementation of the National Strategy and Action Plan for Critical Infrastructure has established a risk-based approach for strengthening the resiliency of Canada's vital systems and assets, thereby supplementing overall market growth. Asia Pacific is estimated to post the highest CAGR of 11.9% during the forecast period. Proliferation of the technology in industrial systems and defense are some of the key factors stimulating the growth of the regional market. China is projected to be the site of high growth rate with increasing investments in infrastructure protection hardware and software. Key players are focusing on expanding their capacities in Asia Pacific, which is poised to influence the growth of the market positively. Critical Infrastructure Protection (CIP) Market Share Insights The market holds high growth potential. With increasing cyber-attacks, governments across nations are anticipated to implement more stringent policies within the private and public sectors, thereby creating opportunities for players in the market. In order to be ahead of the curve, companies operating in the physical & cybersecurity industry focus on rigorous R&D, which is dedicated to both business and technical innovations. Key industry participants, including BAE System Plc; General Dynamic Corporation; Honeywell International Inc.; Boeing; and Raytheon Company, accounted for 32.1% of the overall market in 2016. Other prominent players are Airbus; Booz Allen Hamilton Inc.; DXC Technology Company; Intel Corporation; IBM Corporation; Lockheed Martin Corporation; Leonardo SpA; Northrop Grumman Corporation; and TRL Technology Ltd.

Key Insights Covered: Global Critical Infrastructure Protection Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Critical Infrastructure Protection industry. 2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Critical Infrastructure Protection industry. 3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Critical Infrastructure Protection industry. 4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Critical Infrastructure Protection industry. 5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Critical Infrastructure Protection industry.

Research Methodology: Global Critical Infrastructure Protection Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents
Chapter 1 Methodology and Scope
 1.1 Research Methodology
 1.2 Research Scope & Assumptions
 1.3 List of Data SourcesChapter 2 Executive Summary
 2.1 Critical Infrastructure Protection - Market Snapshot & Key Buying Criteria, 2014 - 2025
     2.1.1 Global Critical Infrastructure Protection Market, 2014 - 2025Chapter 3 Critical Infrastructure Protection Industry Outlook
 3.1 Market Segmentation
 3.2 Critical Infrastructure Protection - Market Size and Growth Prospects
 3.3 Critical Infrastructure Protection - Value Chain Analysis
 3.4 Market Dynamics
     3.4.1 Market driver a
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