Industrial Control Systems (ICS) Security Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023, the industrial control systems (ICS) security market worldwide was valued at US$ 9.5 Bn in 2016, and is expected to cross US$ 16.5 Mn by 2025, expanding at a CAGR of 6.5% from 2017 to 2025. Increasing integration of IT technologies with ICS has increased the risk of cyber vulnerabilities and threats. Organization across the world have recognized the importance of ICS security solution and increasingly investing in ICS security solutions to avoid risk of operational failure and financial loss caused due to cyber threats.
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Based on technologies used in ICS security, market is classified into distributed denial of service (DDOS), intrusion detection/prevention system, antivirus/malware, firewall, virtualization security, security information and event management (SIEM), SCADA Encryption, unified threat management (UTM), application whitelisting, update and patch management, data loss prevention and database activity monitoring. Firewall is commonly used technology for blocking threats for ICS system and to control flow of communication by filtering harmful network traffic.
Database activity management (DAM) technology is used to monitor, capture and record database events in real time and plays important role in securing database from external attackers. DAM technology plays important role in meeting regulatory mandates related to payment card industry, health insurance and data security. DAM is expected to witness the fastest growth with its increasing applications in payment card and health insurance industry.
North America is the largest regional market for industrial control system (ICS) security solutions. In the last five years, the number of cyber-attacks in the U.S. increased by 490%. This is encouraging installation of ICS security solutions in the country. In Europe, oil and gas industry represent the most attractive end-use segment as more than 90% of oil and gas companies are not sufficiently taken necessary measures to avoid attacks on industrial control systems. It is also observed that more than 90% of SACADA systems are vulnerable to breaches in the UK.
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Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Industrial Control System (ICS) Security Market
2.2 Global Industrial Control System (ICS) Security Market, By Solution
2.3 Global Industrial Control System (ICS) Security Market, By Vertical
2.4 Global Industrial Control System (ICS) Security Market, By Services
2.5 Global Industrial Control System (ICS) Security, By Geography
Chapter 3 Market Dynamics
3.1.1 Global Industrial Control System (ICS) Security Market Revenue and Growth, 2015 – 2025, (US$ Mn)
3.2 Market Inclination Insights
3.3 Market Drivers
3.3.1 Rising Industrial Automation
3.3.2 Increasing Number of Cyber Attacks
3.3.3 Rising Demand for Smart Solutions
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