Global Industrial Cybersecurity Market Analysis
According to Verified Market Intelligence, The Global Industrial Cybersecurity Market was valued at USD 13.81 billion in 2017 and is projected to reach USD 27.92 billion by 2025, growing at a CAGR of 9.2% from 2018 to 2025.
What is Industrial Cybersecurity Market?
Adoption of cybersecurity services in industrial sector is known as industrial cybersecurity.Rise in cybercrimes and threats by the hackers has led to an accelerated demand of cybersecurity services and solutions which can help the professionals to keep their confidential data safe and sound. Individual incorporation of such solutions can be expensive and time consuming thus, industrial cybersecurity is taken into consideration, wherein a specific industry opts for services and solutions which can protect them from emerging cyber threats.
Global Industrial Cybersecurity Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
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Industrial inclination towards IoT and government sponsorships for enhancement of cybersecurity solutions is driving the market for global industrial cybersecurity market. On the other hand, high costs to maintain the computer infrastructure in the industries might hinder the growth rate of the market at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The "Global Industrial Cybersecurity Market" is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Industrial Cybersecurity Market Competitive Landscape
The "Global Industrial Cybersecurity Market" study report will provide a valuable insight with an emphasis on global market including some of the major players such as Honeywell, Cisco, Siemens, Kaspersky, Belden, GE, Dell Inc. and 3eTI. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Industrial Cybersecurity Market Segmentation, by End Use
On the basis of End Use, Global Industrial Cybersecurity market is segmented into:
Energy and Utilities
Chemicals and Manufacturing
Energy and Utilities segment dominated the market in 2017 and is projected to lead the market over the forecast period.
Global Industrial Cybersecurity Market Segmentation, by Type
On the basis of Type, Global Industrial Cybersecurity market is classified into:
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Network Security segment accounted for the major share of the market in the year 2017 and is projected to expand at the highest CAGR over the forecast period.
Global Industrial Cybersecurity Market Geographic Scope
Rest of Europe
Rest of Asia Pacific
Rest of the World
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