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The Worldwide Critical Infrastructure Protection Industry is Expected to Reach $157.1 Billion by 2026 at a CAGR of 3.3% from 2021


DUBLIN, July 5, 2021 /PRNewswire/ — The “Critical Infrastructure Protection Market by Component, Solution (Physical Safety and Security (Video Surveillance Systems, Screening and Scanning) and Cybersecurity (Encryption, Threat Intelligence)), Vertical, and Region – Global Forecast to 2026”

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The post-COVID 19 critical infrastructure protection market size to grow from USD 133.3 billion in 2021 to USD 157.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 3.3% from 2021 to 2026.

The major factors fueling the Critical infrastructure protection market include increasing stringent government regulations to increase the adoption of CIP solutions, rising security breaches and attacks pose a threat to physical systems and growing need to secure OT networks in wireless broadband to boost the growth of critical infrastructure protection market across the globe during the forecast period.

Services to grow at a higher CAGR during the forecast period

On the basis of services, the CIP market is segmented into risk management services, consulting services, managed services, and maintenance and support services. CIP services are necessary for the protection of people, building infrastructure, IT systems, and critical data. The increased instances of cyberattacks on enterprises, national agencies, defense organizations, and commercial users have become a major concern. In May 2017, a ransomware named WannaCry targeted computers that were run on Windows Operating System (OS). WannaCry is one of the majors cyberattacks in the last three years. Stuxnet and Flame attacks are other cyberattacks that have a major impact. Stuxnet have a direct effect on critical infrastructure, which has a negative impact on cybersecurity environments.

Stuxnet and Flame are believed to be the most vulnerable computer worms created by some national state modular computer malware. Governments and owners of critical infrastructure are taking the assistance of CIP service providers and consultants for streamlining workflows, maximizing efficiencies, and improving security. Several enterprises and agencies offer services, such as field engineering/design (planning, risk analysis, mitigation, and response and reconstitution), IT managed security and services (managed monitoring and cloud-based services), maintenance, and support and consulting. Due to the need for automation in surveillance systems, and information protection and remote monitoring infrastructures such as oil and gas pipelines, smart grids, and nuclear reactors, the demand for unique solutions is on the rise. This requirement is expected to drive the adoption of CIP services during the forecast period.

In Hardware segment, thermal cameras to have the highest market share during the forecast period

Thermal cameras effectively translate heat into visible light to analyze surroundings. Such cameras are widely deployed at critical infrastructure sites for security purposes. Major players are investing in increasing their product portfolios in thermal technologies. In January 2021, Teledyne Technologies (US) announced the acquisition of a thermal camera supplier FLIR Systems for USD 8 billion.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Critical Infrastructure Protection Market

4.2 Market, by Component, 2021

4.3 Market, by Solution, 2021

4.4 Market, by Solution Type, 2021

4.5 Market, by Service, 2021

4.6 Critical Infrastructure Protection Market: CAGR of Top Three Solutions and Regions, 2021

4.7 Market Investment Scenario

5 Market Overview and Industry Trends

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Increasing Stringent Government Regulations to Increase the Adoption of CIP Solutions

5.2.1.2 Rising Security Breaches and Attacks Pose a Threat to Physical Systems

5.2.1.3 Growing Need to Secure Networks

5.2.2 Restraints

5.2.2.1 High Procurement Costs of Cip Solutions

5.2.2.2 Technical Complexities and Lack of Interoperability Between Cip Solutions

5.2.3 Opportunities

5.2.3.1 Rise in the Adoption of Cloud Technology and IoT Devices

5.2.3.2 R&D Investments by Governments and Enterprises to Develop Robust Cip Solutions

5.2.4 Challenges

5.2.4.1 Lack of Trained Security Analysts to Analyze CIP Systems

5.3 Use Cases

5.3.1 John F. Kennedy International Airport Provided Security Support from Thales

5.3.2 Argentina’s Terminal 6 Agro-Industrial Complex Provided with the Scadafence Security Solution

5.3.3 Owl Perimeter Defense Solution Provided An Effective Solution for Petrochemical Companies

5.3.4 Forcepoint Provides Support to Prevent Online Breaches

5.3.5 At&T Uses Location Analytics to Protect Telecom Infrastructures from Climate Events

5.4 Regulatory Compliances

5.5 COVID-19-Driven Market Dynamics

5.6 Value Chain Analysis

5.7 Technology Analysis

5.8 Patent Analysis

5.9 Pricing Analysis

5.10 Revenue Shift Yc-Ycc Analysis

5.11 Porter’s Five Forces Analysis

6 Critical Infrastructure Protection Market, by Component

7 Critical Infrastructure Protection Market, by Solution

8 Critical Infrastructure Protection Market, by Vertical

9 Critical Infrastructure Protection Market, by Region

10 Competitive Landscape

10.1 Overview

10.2 Market Structure

10.3 Historical Revenue Analysis

10.4 Market Evaluation Framework

10.5 Revenue Analysis of Leading Players

10.6 Ranking of Key Players

10.7 Company Evaluation Quadrant

10.7.1 Company Evaluation Quadrant Definitions and Methodology

10.7.2 Star

10.7.3 Pervasive

10.7.4 Emerging Leaders

10.7.5 Participants

10.8 Strength of Product Portfolio

10.9 Business Strategy Excellence

10.10 Startup/SME Evaluation Quadrant, 2020

10.10.1 Progressive Companies

10.10.2 Responsive Companies

10.10.3 Dynamic Companies

10.10.4 Starting Blocks

10.11 Strength of Product Portfolio (Startups/SMEs)

10.12 Business Strategy Excellence (Startups/SMEs)

10.13 Competitive Scenario

10.13.1 New Product Launches/Development

10.13.2 Partnerships/Agreements/Collaborations

10.13.3 Acquisitions

11 Company Profiles

11.1 Introduction

11.2 Major Players

11.2.1 Bae Systems

11.2.2 Lockheed Martin

11.2.3 General Dynamics

11.2.4 Northrop Grumman

11.2.5 Honeywell

11.2.6 AirbUS

11.2.7 Raytheon

11.2.8 Thales

11.2.9 Hexagon Ab

11.2.10 Johnson Controls

11.2.11 Huawei

11.2.12 Optasense

11.2.13 Teltronic

11.2.14 Motorola Solutions

11.2.15 Axis Communications

11.2.16 Waterfall Security Solutions

11.2.17 Rolta

11.2.18 Tyco International

11.2.19 3Xlogic

11.2.20 Sightlogic

11.2.21 Accritical Infrastructure Protectioniter Radar

11.3 Startup Companies

11.3.1 Bayshore

11.3.2 Icritical Infrastructure Protection

11.3.3 Wave Representatives

11.3.4 Mission Secure

11.3.5 Scadafence

12 Adjacent Markets

13 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/roofn6

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com   



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