Industrial Cybersecurity Market size was valued at US$ 17.88 Bn in 2021 and the total revenue is expected to grow at 5.80% through 2022 to 2029, reaching nearly US$ 28.07 Bn.Industrial Cybersecurity Market Overview:
Cyber security is the use of technology, processes, and policies to prevent cyber-attacks on systems, networks, programs, devices, and data. Its goal is to reduce the risk of cyber-attacks and secure systems, networks, and technology from unauthorized use. There are various industries that requires strong cybersecurity in the forecast period 2022-2029, such as energy and utilities, healthcare, small businesses, government, financial services, and others. Cybersecurity is used in industries due to its various advantages, such as protects the computer from being hacked, protects systems from viruses, spyware, and other unwanted programs, and protects the data from theft. So, these are the significant benefits of cybersecurity used in industries.To know about the Research Methodology :- Request Free Sample Report Malware, denial of service, phishing, password attacks, SQL injection are the types of cybersecurity. Financial services, retail, transportation are the most targeted industries for cyber-attacks in 2021. So, to protect the industries from cyber-attacks, cybersecurity is used in various industries.
Industrial Cybersecurity Market Dynamics:
The main factors driving the growth of the Industrial Cybersecurity market are the increase in the number of cyber-attacks on industrial control systems, increasing demand for connected devices in the industries, and protecting from unauthorized access. Moreover, the increasing adoption of cloud-based ICS-as-a-service and industrial robots based on artificial intelligence platforms among manufacturing and industrial plants and increasing demand for services in the industries, such as employee training, cybersecurity defense, and penetration testing, are the major benefits that drive the growth of industrial cybersecurity market in the forecast period. The major restraining factors which hamper the growth of global Industrial cybersecurity market are lack of awareness and lack of professionals. Moreover, the lack of professionals to design and operate industrial cybersecurity solutions in developing countries, where cyber-attacks are increasing are the other major factors which restrain the growth of the industrial cybersecurity market in the forecast period.Industrial Cybersecurity Market Segment Analysis:
The global Industrial Cybersecurity market is segmented by security type, by component, and by industry analysis. Based on the Security Type, the global Industrial Cybersecurity market is segmented into network security, cloud application security, end-point security, internet security, and others. Cloud application security is expected to grow rapidly to experience a higher CAGR of xx% in the global Industrial Cybersecurity market during the forecast period 2022-2029. The driving factors that drive the growth of cloud application security in the Industrial Cybersecurity market is the increasing adoption of cloud technology in the manufacturing industry. Cloud application security refers to a series of policies, processes, controls, and technologies that protect all data exchanges in collaborative cloud environments such as Microsoft Office 365, Google G Suite, Slack, and Box. Moreover, network security, end-point security, internet security, and others are expected to grow at a stable rate in the forecast period. Based on the Component, the global industrial cybersecurity market is segmented into products, software, and services. The software segment is expected to hold the largest market share of xx% in 2029, due to the rising demand for software solutions like firewall, SCADA encryption, antivirus/malware, DDoS, and many other software solutions. McAfee, a top cybersecurity software company, provides security software to protect mobile devices and personal computers. Many companies are launching advanced industrial security software solutions across industries like oil & gas, energy, automotive, electric utility, and others.Based on the Industry Analysis, the global industrial cybersecurity market is segmented into the process and discrete industry. The discrete industry is expected to hold the largest market share of xx% in 2029. Owing to the increasing demand for industry 4.0 solutions, 5G network, IoT enabled devices such as smart security systems, smartphones, smart door locks, and others devices are the major benefits of the discrete industry which drive the growth in the global industrial cybersecurity market in the forecast period. The examples of discrete industries are automotive, toys, manufacturing, electronics, aerospace, defense, and others.
Industrial Cybersecurity Market Regional Insights:
North America dominates the global Industrial Cybersecurity market during the forecast period 2022-2029. North America is expected to hold the largest market share of xx% to experience a higher CAGR of xx% during the forecast period 2022-2029. The growth in the North America region is due to the presence of some top software companies like Rockwell Automation, Inc., Cisco System, Inc., CyberArk Software Ltd., and other software companies. Cisco system, Inc. provides highly secure firewall, web, and email services while helping to enable mobility and teleworking. Moreover, other software companies also have the best industrial cybersecurity products and they are focusing on developing and launching advanced cybersecurity products for industries. Increasing investment of key players in the North America region to grow their business and their presence worldwide is also the major factor that drives the growth in North America region in the global industrial cybersecurity market in the forecast period 2022-2029. The objective of the report is to present a comprehensive analysis of the global industrial cybersecurity market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global industrial cybersecurity market dynamic, structure by analyzing the market segments and project the global industrial cybersecurity market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global industrial cybersecurity market make the report investor’s guide.Industrial Cybersecurity Market Scope: Inquire before buying
Global Industrial Cybersecurity Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US$ 17.88 Bn Forecast Period 2022 to 2029 CAGR: 5.80% Market Size in 2029: US$ 28.07 Bn Segments Covered: by Security Type • Network Security • Cloud Application Security • End-Point Security • Internet Security • Others by Component • Products • Software • Services by Industry Analysis • Process Industry • Discrete Industry Industrial Cybersecurity Market, by Region
• North America • Europe • Asia Pacific • South America • Middle East and AfricaIndustrial Cybersecurity Market Key Players
• Honeywell International Inc. • Microsoft Corporation • Siemens AG • Trend Micro, Inc. • Splunk Inc. • Rockwell Automation, Inc. • Dell Inc. • Check Point Software Technologies Ltd. • Mcafee, LLc(Intel Security) • Cisco Systems, Inc. • ABB Ltd. • IBM Corporation • Schneider Electric • FireEye, Inc. • Symantec Corporation • Others Frequently Asked Questions: 1. Which region has the largest share in Global Industrial Cybersecurity Market? Ans: North America region holds the highest share in 2021. 2. What is the growth rate of Global Industrial Cybersecurity Market? Ans: The Global Industrial Cybersecurity Market is growing at a CAGR of 5.80 % during forecasting period 2022-2029. 3. What is scope of the Global Industrial Cybersecurity market report? Ans: Global Industrial Cybersecurity Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Industrial Cybersecurity market? Ans: The important key players in the Global Industrial Cybersecurity Market are – Honeywell International Inc., Microsoft Corporation, Siemens AG, Trend Micro, Inc., Splunk Inc., Rockwell Automation, Inc., Dell Inc., Check Point Software Technologies Ltd., Mcafee, LLc(Intel Security), Cisco Systems, Inc., ABB Ltd., IBM Corporation, Schneider Electric, FireEye, Inc., Symantec Corporation, and Others 5. What is the study period of this market? Ans: The Global Industrial Cybersecurity Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Industrial Cybersecurity Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Industrial Cybersecurity Market 3.4. Geographical Snapshot of the Industrial Cybersecurity Market, By Manufacturer share 4. Global Industrial Cybersecurity Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Industrial Cybersecurity Market 5. Supply Side and Demand Side Indicators 6. Global Industrial Cybersecurity Market Analysis and Forecast, 2021-2029 6.1. Global Industrial Cybersecurity Market Size & Y-o-Y Growth Analysis. 7. Global Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 7.1.1. Network Security 7.1.2. Cloud Application Security 7.1.3. End-Point Security 7.1.4. Internet Security 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 7.2.1. Products 7.2.2. Software 7.2.3. Services 7.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 7.3.1. Process Industry 7.3.2. Discrete Industry 8. Global Industrial Cybersecurity Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 9.1.1. Network Security 9.1.2. Cloud Application Security 9.1.3. End-Point Security 9.1.4. Internet Security 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 9.2.1. Products 9.2.2. Software 9.2.3. Services 9.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 9.3.1. Process Industry 9.3.2. Discrete Industry 10. North America Industrial Cybersecurity Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 11.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 12. Canada Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 12.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 13. Mexico Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 13.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 14. Europe Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 14.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 15. Europe Industrial Cybersecurity Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 16.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 17. France Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 17.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 18. Germany Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 18.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 19. Italy Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 19.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 20. Spain Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 20.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 21. Sweden Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 21.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 22. CIS Countries Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 22.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 23. Rest of Europe Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 23.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 24. Asia Pacific Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 24.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 25. Asia Pacific Industrial Cybersecurity Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 26.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 27. India Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 27.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 28. Japan Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 28.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 29. South Korea Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 29.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 30. Australia Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 30.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 31. ASEAN Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 31.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 32. Rest of Asia Pacific Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 32.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 33. Middle East Africa Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 33.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 34. Middle East Africa Industrial Cybersecurity Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 35.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 36. GCC Countries Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 36.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 37. Egypt Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 37.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 38. Nigeria Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 38.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 39. Rest of ME&A Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 39.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 40. South America Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 40.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 41. South America Industrial Cybersecurity Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 42.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 43. Argentina Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 43.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 44. Rest of South America Industrial Cybersecurity Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Security Type, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029 44.3. Market Size (Value) Estimates & Forecast By Industry Analysis, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Industrial Cybersecurity Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Honeywell International Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Microsoft Corporation 45.3.3. Siemens AG 45.3.4. Trend Micro, Inc. 45.3.5. Splunk Inc. 45.3.6. Rockwell Automation, Inc. 45.3.7. Dell Inc. 45.3.8. Check Point Software Technologies Ltd. 45.3.9. Mcafee, LLc(Intel Security) 45.3.10. Cisco Systems, Inc. 45.3.11. ABB Ltd. 45.3.12. IBM Corporation 45.3.13. Schneider Electric 45.3.14. FireEye, Inc. 45.3.15. Symantec Corporation 45.3.16. Others 46. Primary Key Insights