Dublin, Jan. 17, 2024 (GLOBE NEWSWIRE) -- The "Global Critical Infrastructure Protection Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.
Emerging Cyber Threats and Regulatory Mandates Drive Growth
The critical infrastructure protection market continues to witness an upward trajectory, reaching an anticipated market size of USD 146.13 billion by end of 2022. This robust growth, calculated at a CAGR of 5.46% from 2018 to 2028, mirrors the heightened need for robust defense mechanisms against growing cybersecurity threats and the escalating regulatory mandates governing the protection of critical infrastructure.
Integrated Approach to Safeguard Critical Systems
The convergence of physical and cybersecurity forms a cornerstone within the market, marking a paradigm shift in how organizations perceive and address threats to critical systems. Advanced security solutions are increasingly being deployed to address a spectrum of risks that span across the digital and physical realms.
Digitalization and Interconnectivity Present New Challenges
As infrastructure systems around the world become more interconnected, the demand for sophisticated solutions that can manage the complexities of these vast networks is on the rise. Given the expansion in IoT device usage and the corresponding vulnerabilities, the market is poised for significant strides in security technologies aimed at maintaining system integrity and resilience.
Energy & Power Segment Leads Demand
Within the critical infrastructure protection market, the energy & power sector emerges as a significant driver. The sector's quest for robust security measures is catalyzed by the critical nature of energy systems and the urgent need to prevent the catastrophic outcomes of potential disruptions.
North America Pioneering Market Growth
Navigating through regional performance, North America maintains dominance due to its pioneering stance on adopting advanced security measures and regulatory compliance. The region sets a benchmark with its ongoing commitment to safeguarding its multi-faceted critical infrastructure amidst evolving global threats.
- Market segmentation insights reveal the significant role of security technologies.
- Consultation services lead as integral components, supporting organizations in tailoring robust security postures.
- Radar, secure communication, and SCADA security technologies have been pinpointed as areas of interest amongst a suite of defense solutions.
For insights on specific sectors and regions, as well as the technological innovations that are shaping this market’s future, stakeholders and interested parties are invited to delve into the comprehensive landscape analysis provided.
The critical infrastructure protection market report is a testament to the ongoing transformations in security paradigms and the factors driving their evolution. For those seeking to understand the intricacies and trends within this essential sector, this analysis offers valuable perspectives and a glimpse into the market dynamics.
Focus on Recovery Strategies
In recognition of the occasional inevitability of disruptions, the emphasis on resilience and the ability for rapid recovery highlights a critical trend in the market. Resilience-building strategies, including developing robust backup systems and contingency frameworks, are integral components of current market offerings, ensuring the continuous operation of critical services despite unforeseen disturbances.
Report Scope:
In this report, the global critical infrastructure protection market has been segmented into the following categories:
By Component:
- Security Technologies
- Network Security
- Physical Security
- Screening & Scanning
- Video Surveillance
- PSIM & PIAM
- Access Control
- Vehicle Identification Management
- Building Management Systems
- Secure Communications
- Radars
- SCADA Security
- CBRNE
- Services
- Risk Management Services
- Designing
- Integration
- Consultation
- Managed Services
- Maintenance & Support
By Application:
- Energy & Power
- Transportation
- Sensitive Infrastructure & Enterprises
- Others
By Region:
- North America
- Europe
- South America
- Middle East & Africa
- Asia Pacific
Companies Profiled:
- McAfee
- Bae Systems
- Lockheed Martin
- Honeywell International
- Airbus
- Northrop Grumman
- Hexagon
- General Dynamics
- General Electric Company
- Waterfall Security Solutions
For more information about this report visit https://www.researchandmarkets.com/r/44ngvu
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