Global Industrial Control Systems Security Market

Industrial Control Systems Security Market Size, Share, Growth Analysis, By By Component(Solution, Services), By Solution(Anti-malware/Antivirus, DDoS, Encryption, Firewall), By Services(Consulting and Integration, Support and Maintenance, Training and Development, Incident Response Services), By Security type(Network Security, Endpoint Security, Application Security Database Security), By Vertical(Power [Nuclear Power Plants, Thermal and Hydropower Plants, Renewable Energy Power Plants, Power Grid]), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20O2007 | Region: Global | Published Date: August, 2024
Pages: 202 | Tables: 211 | Figures: 82

Industrial Control Systems Security Market Competitive Landscape

The market for industrial control systems (ICS) is extremely competitive on a global scale. This is related to the continual R & D activities and launches of new technologies by value chain participants. In order to increase their presence on a regional and international scale, significant players are also implementing a variety of corporate growth tactics.

Industrial Control Systems Security Market Top Player’s Company Profiles

  • ABB Ltd. (Switzerland) 
  • Airbus Defense and Space (France) 
  • BAE Systems plc (United Kingdom) 
  • Bayshore Networks, Inc. (United States) 
  • Cisco Systems, Inc. (United States) 
  • Clarity Ltd. (Israel) 
  • CyberArk Software Ltd. (Israel) 
  • Forescout Technologies, Inc. (United States) 
  • Fortinet, Inc. (United States) 
  • General Electric Company (United States) 
  • Honeywell International Inc. (United States) 
  • IBM Corporation (United States) 
  • Kaspersky Lab (Russia) 
  • McAfee LLC (United States) 
  • Palo Alto Networks, Inc. (United States) 
  • Rockwell Automation, Inc. (United States) 
  • Schneider Electric SE (France) 
  • Siemens AG (Germany) 
  • Trend Micro Incorporated (Japan) 
  • Tripwire, Inc. (United States) 
  • Waterfall Security Solutions Ltd. (Israel)

Industrial Control Systems Security Market

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Industrial Control Systems Security Market size was valued at USD 18.85 billion in 2022 and is poised to grow from USD 20.08 billion in 2023 to USD 33.22 billion by 2031, at a CAGR of 6.5% during the forecast period (2024-2031).

The market for industrial control systems (ICS) is extremely competitive on a global scale. This is related to the continual R & D activities and launches of new technologies by value chain participants. In order to increase their presence on a regional and international scale, significant players are also implementing a variety of corporate growth tactics. 'ABB Ltd. (Switzerland) ', 'Airbus Defense and Space (France) ', 'BAE Systems plc (United Kingdom) ', 'Bayshore Networks, Inc. (United States) ', 'Cisco Systems, Inc. (United States) ', 'Clarity Ltd. (Israel) ', 'CyberArk Software Ltd. (Israel) ', 'Forescout Technologies, Inc. (United States) ', 'Fortinet, Inc. (United States) ', 'General Electric Company (United States) ', 'Honeywell International Inc. (United States) ', 'IBM Corporation (United States) ', 'Kaspersky Lab (Russia) ', 'McAfee LLC (United States) ', 'Palo Alto Networks, Inc. (United States) ', 'Rockwell Automation, Inc. (United States) ', 'Schneider Electric SE (France) ', 'Siemens AG (Germany) ', 'Trend Micro Incorporated (Japan) ', 'Tripwire, Inc. (United States) ', 'Waterfall Security Solutions Ltd. (Israel)'

The integration of operational technology (OT) with information technology (IT) networks and the convergence of OT and IT infrastructure are driving the demand for robust ICS security solutions. As industries embrace digital transformation, interconnected systems enable enhanced monitoring, control, and data analysis. However, this interconnectivity also expands the attack surface, making it crucial to secure the connections between IT and OT environments.

Over the projection period, North America is anticipated to gain a significant market share in the industrial control systems (ICS) market worldwide. The fourth industrial revolution, which is taking place in the U.S., involves a greater use of data for production and its integration with various manufacturing systems throughout the supply chain. The country also boasts the biggest automobile markets, which together with the aforementioned considerations are boosting demand for industrial control systems there. In addition, during the course of the forecast period, growth in the global industrial control systems (ICS) market is anticipated to be driven by Canada's recovering economy.

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Global Industrial Control Systems Security Market

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