Global Industrial Control System Security Market Status and Prospect, Forecast 2018 to 2026
Industrial control system (ICS) is a general term used to describe the integration of hardware and software with network connectivity in order to support critical infrastructure. Industrial control systems are mainly used in distributed industries such as electrical, water, oil, gas and telecommunications. Several intelligent security solutions enable the providers to integrate, collect, and analyse the network through data generated by their supervisory control and data acquisition (SCADA) networks and grids.
Increase in cyber-attacks and network security threats are the major factors to boost growth of the global industrial control system security market. In addition, huge investments in smart technologies and support from government organizations for ICS security are some of the factors driving growth of the global industrial control system security market during forecast period.
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However, high cost and presence of legacy ICS that are more prone to cyber-attacks hampering growth of the global industrial control system security market during forecast period. Also, data privacy and scalability are some of the factors to restrain growth of the global industrial control system security market during forecast period.
The global industrial control system security market has been segmented on the basis of solution, service, security type, industrial vertical, and region.
North America accounts for largest revenue contribution to the global industrial control system security market, followed by market in Europe. This is attributed to increased advancements in industrial automation in these regions. However, the Asia Pacific market is projected to register highest CAGR in terms of revenue during forecast period due to widespread presence of SMEs in the region that are providing growth opportunities for the vendors operating in the Industrial control systems security market across the manufacturing, transportation and energy industry.
Key players in global industrial control system security market include Cisco Systems, Fortinet, Kaspersky Lab, Symantec, Booz Allen Hamilton, Brocade Communications Systems, Citrix Systems, Computer Science Corporation, EMC, and F-Secure.
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