Table of Content


"1    INTRODUCTION    36
1.1    STUDY OBJECTIVES    36
1.2    MARKET DEFINITION    37
1.3    STUDY SCOPE    37
1.3.1    MARKETS COVERED    37
FIGURE 1    INDUSTRIAL CYBERSECURITY MARKET SEGMENTATION    37
1.3.2    GEOGRAPHIC SCOPE    38
1.3.3    GENERAL INCLUSIONS AND EXCLUSIONS    38
1.3.4    INCLUSIONS AND EXCLUSIONS AT COMPANY LEVEL    38
1.3.5    INCLUSIONS AND EXCLUSIONS AT OFFERING LEVEL    39
1.3.6    INCLUSIONS AND EXCLUSIONS AT END-USER INDUSTRY LEVEL    39
1.3.7    INCLUSIONS AND EXCLUSIONS AT REGIONAL LEVEL    39
1.3.8    YEARS CONSIDERED    40
1.4    CURRENCY    40
1.5    PACKAGE SIZE    40
1.6    LIMITATIONS    40
1.7    STAKEHOLDERS    41
1.8    SUMMARY OF CHANGES    41
2    RESEARCH METHODOLOGY    42
2.1    RESEARCH DATA    42
FIGURE 2    INDUSTRIAL CYBERSECURITY MARKET: RESEARCH DESIGN    42
2.1.1    SECONDARY DATA    43
2.1.1.1    List of major secondary sources    43
2.1.1.2    Key data from secondary sources    43
2.1.2    PRIMARY DATA    44
2.1.2.1    Key data from primary sources    44
2.1.2.2    Key industry insights    44
2.1.2.3    Breakdown of primaries    45
2.1.3    SECONDARY AND PRIMARY RESEARCH    45
2.2    MARKET SIZE ESTIMATION    46
2.2.1    BOTTOM-UP APPROACH    46
2.2.1.1    Approach for capturing market size by bottom-up analysis (demand side)    46
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    47
2.2.2    TOP-DOWN APPROACH    47
2.2.2.1    Approach for capturing market size by top-down analysis
(supply side)    47
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    47
2.3    DEMAND- AND SUPPLY-SIDE APPROACH ANALYSES    48
2.3.1    INDUSTRIAL CYBERSECURITY MARKET: SUPPLY-SIDE ANALYSIS    49
FIGURE 5    MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS    49
2.4    MARKET BREAKDOWN AND DATA TRIANGULATION    50
FIGURE 6    DATA TRIANGULATION    50
2.5    RESEARCH ASSUMPTIONS    51
2.6    RISK ASSESSMENT    51
3    EXECUTIVE SUMMARY    52
FIGURE 7    DEMAND FOR INDUSTRIAL CYBERSECURITY PRODUCTS AND SERVICES TO GROW AT SIGNIFICANT RATE DURING FORECAST PERIOD    52
FIGURE 8    INDUSTRIAL CYBERSECURITY MARKET FOR PRODUCTS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD    53
FIGURE 9    NETWORK SECURITY SEGMENT TO HOLD LARGEST SHARE OF INDUSTRIAL CYBERSECURITY MARKET IN 2022    54
FIGURE 10    POWER INDUSTRY TO ACCOUNT FOR LARGEST SIZE OF INDUSTRIAL CYBERSECURITY MARKET IN 2027    55
FIGURE 11    INDUSTRIAL CYBERSECURITY MARKET, BY REGION, 2021    56
4    PREMIUM INSIGHTS    57
4.1    ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL CYBERSECURITY MARKET    57
FIGURE 12    INCREASING GOVERNMENT EXPENDITURE TO ENSURE CYBERSECURITY AND GROWING FOCUS ON INTEGRATING SMART TECHNOLOGIES IN INDUSTRIAL SECURITY SYSTEMS TO DRIVE MARKET GROWTH DURING FORECAST PERIOD    57
4.2    INDUSTRIAL CYBERSECURITY MARKET, BY END-USER INDUSTRY AND REGION, 2022    58
FIGURE 13    POWER INDUSTRY TO ACCOUNT FOR LARGEST SHARE OF GLOBAL INDUSTRIAL CYBERSECURITY MARKET IN 2022    58
4.3    INDUSTRIAL CYBERSECURITY MARKET, BY OFFERING    58
FIGURE 14    SOLUTIONS & SERVICES SEGMENT TO CAPTURE LARGER SHARE OF INDUSTRIAL CYBERSECURITY MARKET IN 2022    58
4.4    INDUSTRIAL CYBERSECURITY MARKET, BY SECURITY TYPE    59
FIGURE 15    NETWORK SECURITY SEGMENT TO CAPTURE LARGEST SHARE OF INDUSTRIAL CYBERSECURITY MARKET IN 2022    59
4.5    INDUSTRIAL CYBERSECURITY MARKET, BY REGION    59
FIGURE 16    NORTH AMERICA HELD LARGEST SHARE OF INDUSTRIAL CYBERSECURITY MARKET IN 2021    59
5    MARKET OVERVIEW    60
5.1    INTRODUCTION    60
5.2    MARKET DYNAMICS    60
FIGURE 17    INDUSTRIAL CYBERSECURITY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    61
5.2.1    DRIVERS    61
FIGURE 18    INDUSTRIAL CYBERSECURITY MARKET DRIVERS AND THEIR IMPACT    61
5.2.1.1    Rising investments by governments and private organizations worldwide to create safe and secure industrial environment    62
TABLE 1    GOVERNMENT FUNDING PLANS TO ENSURE CYBERSECURITY FOR CRITICAL INFRASTRUCTURE    62
5.2.1.2    Growing number of sophisticated cyberattacks on critical industrial infrastructure    63
FIGURE 19    HISTORY OF CYBERATTACKS ON DIFFERENT INFRASTRUCTURES    63
FIGURE 20    NUMBER OF CYBER ATTACKS, 2018–2021    63
FIGURE 21    PROMINENT CYBERATTACK TYPES IN 2021    64
FIGURE 22    GLOBAL IOT CONNECTIONS, 2018–2027 (BILLION UNITS)    65
5.2.2    RESTRAINTS    66
FIGURE 23    INDUSTRIAL CYBERSECURITY MARKET RESTRAINTS AND THEIR IMPACT    66
5.2.2.1    Underestimation of threat levels and misunderstanding of nature of threats    66
5.2.2.2    Lack of adequate funds, framework, and governance required to develop high-end cybersecurity solutions    66
5.2.3    OPPORTUNITIES    67
FIGURE 24    INDUSTRIAL CYBERSECURITY MARKET OPPORTUNITIES AND THEIR IMPACT    67
5.2.3.1    Rising importance of cloud-based industrial cybersecurity services    67
5.2.3.2    Growing focus of government organizations on releasing rules and regulations for security of industrial control systems    67
5.2.4    CHALLENGES    68
FIGURE 25    INDUSTRIAL CYBERSECURITY MARKET CHALLENGES AND THEIR IMPACT    68
5.2.4.1    Lack of awareness about best practices and criticality of cybersecurity in industrial control systems    68
FIGURE 26    PROMINENT ATTACKS ON ICS NETWORK    69
5.3    PRICING ANALYSIS    70
5.3.1    INDUSTRIAL ROUTERS    70
FIGURE 27    INDUSTRIAL ROUTERS: AVERAGE SELLING PRICE    70
5.4    VALUE CHAIN ANALYSIS    70
5.4.1    INDUSTRIAL CYBERSECURITY MARKET    71
5.5    PORTER’S FIVE FORCES ANALYSIS    72
FIGURE 28    INDUSTRIAL CYBERSECURITY: PORTER’S FIVE FORCES ANALYSIS    72
FIGURE 29    PORTER’S FIVE FORCES ANALYSIS: INDUSTRIAL CYBERSECURITY MARKET    73
TABLE 2    PORTER’S 5 FORCES IMPACT ON INDUSTRIAL CYBERSECURITY MARKET    73
5.5.1    THREAT OF NEW ENTRANTS    73
5.5.2    THREAT OF SUBSTITUTES    74
5.5.3    BARGAINING POWER OF SUPPLIERS    74
5.5.4    BARGAINING POWER OF BUYERS    74
5.5.5    INTENSITY OF COMPETITION RIVALRY    74
5.6    KEY STAKEHOLDERS AND BUYING CRITERIA    74
5.6.1    KEY STAKEHOLDERS IN BUYING PROCESS    74
TABLE 3    INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE SECURITY TYPES (%)    74
5.6.2    BUYING CRITERIA    75
FIGURE 30    KEY BUYING CRITERIA FOR TOP THREE SECURITY TYPES    75
TABLE 4    KEY BUYING CRITERIA FOR TOP 3 SECURITY TYPES    75
5.7    KEY CONFERENCES AND EVENTS IN 2022–2023    76
TABLE 5    INDUSTRIAL CYBERSECURITY MARKET: DETAILED LIST OF CONFERENCES AND EVENTS    76
5.8    INDUSTRIAL CYBERSECURITY MARKET: ECOSYSTEM    77
TABLE 6    INDUSTRIAL CYBERSECURITY MARKET: ECOSYSTEM    77
5.9    PATENT ANALYSIS    78
FIGURE 31    NUMBER OF PATENTS GRANTED FOR INDUSTRIAL CYBERSECURITY,
2011–2021    78
FIGURE 32    REGIONAL ANALYSIS OF PATENTS GRANTED FOR INDUSTRIAL CYBERSECURITY EQUIPMENT, 2011–2021    79
TABLE 7    LIST OF FEW PATENTS IN INDUSTRIAL CYBERSECURITY MARKET, 2020–2021    79
5.10    TRADE ANALYSIS    81
TABLE 8    IMPORT DATA FOR SWITCHING AND ROUTING APPARATUS, HS CODE: 851769 (USD MILLION)    82
FIGURE 33    SWITCHING AND ROUTING APPARATUS, IMPORT VALUES FOR MAJOR COUNTRIES, 2016–2020    82
TABLE 9    EXPORT DATA FOR SWITCHING AND ROUTING APPARATUS, HS CODE: 851769 (USD MILLION)    83
FIGURE 34    SWITCHING AND ROUTING APPARATUS, EXPORT VALUES FOR MAJOR COUNTRIES, 2016–2020    83
5.11    TARIFF AND REGULATORY LANDSCAPE    84
5.11.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    84
TABLE 10    NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    84
TABLE 11    EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS    84
TABLE 12    ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS    85
TABLE 13    REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    86
5.12    CASE STUDIES    86
5.12.1    POWER AND WATER INDUSTRIES    86
TABLE 14    ABB CYBER SECURITY SOLUTIONS DEPLOYED AT US-BASED WASTEWATER TREATMENT PLANT    86
5.12.2    MINING INDUSTRY    87
TABLE 15    BOLIDEN (SWEDEN) USED ABB ABILITY CYBER SECURITY FINGERPRINT TO MITIGATE RISKS    87
5.13    TECHNOLOGICAL TRENDS IN INDUSTRIAL CYBERSECURITY    87
5.13.1    ZERO-TRUST FRAMEWORK    87
5.13.2    POTENTIAL OF ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING    87
5.13.3    SECURITY FOR CLOUD-NATIVE ENVIRONMENTS    88

5.14    CODES AND STANDARDS RELATED TO INDUSTRIAL CYBERSECURITY    88
5.15    KEY STAKEHOLDERS AND BUYING CRITERIA    89
5.15.1    TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES    89
FIGURE 35    REVENUE SHIFT FOR INDUSTRIAL CYBERSECURITY MARKET    89
5.15.1.1    Revenue shift and new revenue pockets for cybersecurity service providers    89
6    INDUSTRIAL CYBERSECURITY MARKET, BY SECURITY TYPE    90
6.1    INTRODUCTION    91
FIGURE 36    INDUSTRIAL CYBERSECURITY MARKET, BY SECURITY TYPE    91
TABLE 16    INDUSTRIAL CYBERSECURITY MARKET, BY SECURITY TYPE,
2018–2021 (USD BILLION)    92
TABLE 17    INDUSTRIAL CYBERSECURITY MARKET, BY SECURITY TYPE,
2022–2027 (USD BILLION)    93
6.2    NETWORK SECURITY    93
6.2.1    EXPOSURE OF GOVERNMENT ORGANIZATIONS AND PRODUCTION FACILITIES TO UNAUTHORIZED NETWORK ACCESS TRIGGERS MARKET GROWTH OF NETWORK SECURITY    93
TABLE 18    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY,
BY REGION, 2018–2021 (USD MILLION)    94
FIGURE 38    ASIA PACIFIC TO RECORD HIGHEST CAGR IN MARKET FOR NETWORK SECURITY DURING FORECAST PERIOD    94
TABLE 19    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY,
BY REGION, 2022–2027 (USD MILLION)    95
TABLE 20    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)    95
TABLE 21    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY IN
NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)    95
TABLE 22    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION)    96
TABLE 23    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION)    96
TABLE 24    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY IN ASIA PACIFIC, BY COUNTRY, 2018–2021 (USD MILLION)    97
TABLE 25    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY IN ASIA PACIFIC, BY COUNTRY, 2022–2027 (USD MILLION)    97
TABLE 26    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY IN ROW,
BY REGION, 2018–2021 (USD MILLION)    97
TABLE 27    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY IN ROW,
BY REGION, 2022–2027 (USD MILLION)    98
TABLE 28    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY,
BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    98
TABLE 29    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORK SECURITY,
BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    99
6.3    ENDPOINT SECURITY    99
6.3.1    ENDPOINT SECURITY ASSURES PROTECTION OF IT AND OT INFRASTRUCTURE THAT INCLUDES ENDPOINTS AND REMOTE DEVICES FROM CYBER THREATS    99
TABLE 30    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY, BY REGION, 2018–2021 (USD MILLION)    100
FIGURE 39    NORTH AMERICA TO HOLD LARGEST MARKET SHARE OF INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY THROUGHOUT FORECAST PERIOD    100
TABLE 31    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY, BY REGION, 2022–2027 (USD MILLION)    101
TABLE 32    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)    101
TABLE 33    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)    101
TABLE 34    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION)    102
TABLE 35    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION)    102
TABLE 36    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY IN ASIA PACIFIC, BY COUNTRY, 2018–2021 (USD MILLION)    103
TABLE 37    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY IN ASIA PACIFIC, BY COUNTRY, 2022–2027 (USD MILLION)    103
TABLE 38    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY IN ROW,
BY REGION, 2018–2021 (USD MILLION)    104
TABLE 39    INDUSTRIAL CYBERSECURITY MARKET FOR END-POINT SECURITY IN ROW,
BY REGION, 2022–2027 (USD MILLION)    104
TABLE 40    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY,
BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    104
TABLE 41    INDUSTRIAL CYBERSECURITY MARKET FOR ENDPOINT SECURITY,
BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    105
6.4    APPLICATION SECURITY    105
6.4.1    INCREASED PRESENCE OF CLOUD-CONNECTED NETWORKS CREATES NEED FOR APPLICATION SECURITY TO PROTECT THEM FROM CYBERATTACKS AND DATA BREACH ISSUES    105
FIGURE 40    ASIA PACIFIC TO LEAD INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY DURING FORECAST PERIOD    106
TABLE 42    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY,
BY REGION, 2018–2021 (USD MILLION)    106
TABLE 43    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY,
BY REGION, 2022–2027 (USD MILLION)    107
TABLE 44    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)    107
TABLE 45    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)    107
TABLE 46    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION)    108
TABLE 47    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION)    108
TABLE 48    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY IN
ASIA PACIFIC, BY COUNTRY, 2018–2021 (USD MILLION)    109
TABLE 49    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY IN
ASIA PACIFIC, BY COUNTRY, 2022–2027 (USD MILLION)    109
TABLE 50    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY IN ROW, BY REGION, 2018–2021 (USD MILLION)    109
TABLE 51    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY IN ROW, BY REGION, 2022–2027 (USD MILLION)    110
TABLE 52    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY,
 BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    110
TABLE 53    INDUSTRIAL CYBERSECURITY MARKET FOR APPLICATION SECURITY,
BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    111
6.5    CLOUD SECURITY    111
6.5.1    ADOPTION OF SAAS APPLICATION ACCELERATES NEED FOR CLOUD SECURITY SOLUTIONS    111
TABLE 54    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY, BY REGION, 2018–2021 (USD MILLION)    112
FIGURE 41    ASIA PACIFIC TO DOMINATE INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY DURING FORECAST PERIOD    112
TABLE 55    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY, BY REGION, 2022–2027 (USD MILLION)    113
TABLE 56    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)    113
TABLE 57    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)    113
TABLE 58    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY IN EUROPE,
BY COUNTRY, 2018–2021 (USD MILLION)    114
TABLE 59    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY IN EUROPE,
BY COUNTRY, 2022–2027 (USD MILLION)    114
TABLE 60    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY IN ASIA PACIFIC, BY COUNTRY, 2018–2021 (USD MILLION)    115
TABLE 61    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY IN ASIA PACIFIC, BY COUNTRY, 2022–2027 (USD MILLION)    115
TABLE 62    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY IN ROW,
BY REGION, 2018–2021 (USD MILLION)    115
TABLE 63    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY IN ROW,
BY REGION, 2022–2027 (USD MILLION)    116
TABLE 64    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY, BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    116
TABLE 65    INDUSTRIAL CYBERSECURITY MARKET FOR CLOUD SECURITY, BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    117
6.6    WIRELESS SECURITY    117
6.6.1    STRONG FOCUS ON PREVENTION OF DATA THEFT ACROSS WIRELESS NETWORKS INCREASES NEED FOR WIRELESS SECURITY    117
TABLE 66    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY, BY REGION, 2018–2021 (USD MILLION)    118
TABLE 67    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY, BY REGION, 2022–2027 (USD MILLION)    118
TABLE 68    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)    118
TABLE 69    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)    119
TABLE 70    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION)    119
TABLE 71    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION)    120
TABLE 72    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY IN ASIA PACIFIC, BY COUNTRY, 2018–2021 (USD MILLION)    120
TABLE 73    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY IN ASIA PACIFIC, BY COUNTRY, 2022–2027 (USD MILLION)    121
TABLE 74    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY IN ROW,
BY REGION, 2018–2021 (USD MILLION)    121
TABLE 75    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY IN ROW,
BY REGION, 2022–2027 (USD MILLION)    121
TABLE 76    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY,
BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    122
TABLE 77    INDUSTRIAL CYBERSECURITY MARKET FOR WIRELESS SECURITY,
BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    122
6.7    OTHERS    123
TABLE 78    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS, BY REGION,
2018–2021 (USD MILLION)    123
TABLE 79    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS, BY REGION, 2022–2027 (USD MILLION)    123
TABLE 80    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS IN NORTH AMERICA,
BY COUNTRY, 2018–2021 (USD MILLION)    124
TABLE 81    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS IN NORTH AMERICA,
BY COUNTRY, 2022–2027 (USD MILLION)    124
TABLE 82    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS IN EUROPE,
BY COUNTRY, 2018–2021 (USD MILLION)    124
TABLE 83    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS IN EUROPE,
BY COUNTRY, 2022–2027 (USD MILLION)    125
TABLE 84    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS IN ASIA PACIFIC,
BY COUNTRY, 2018–2021 (USD MILLION)    125
TABLE 85    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS IN ASIA PACIFIC,
BY COUNTRY, 2022–2027 (USD MILLION)    126
TABLE 86    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS IN ROW, BY REGION, 2018–2021 (USD MILLION)    126
TABLE 87    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS IN ROW, BY REGION, 2022–2027 (USD MILLION)    126
TABLE 88    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS, BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    127
TABLE 89    INDUSTRIAL CYBERSECURITY MARKET FOR OTHERS, BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    127
7    INDUSTRIAL CYBERSECURITY MARKET, BY OFFERING    128
7.1    INTRODUCTION    129
FIGURE 42    INDUSTRIAL CYBERSECURITY MARKET, BY OFFERING    129
TABLE 90    INDUSTRIAL CYBERSECURITY MARKET, BY OFFERING,
2018–2021 (USD BILLION)    129
TABLE 91    INDUSTRIAL CYBERSECURITY MARKET, BY OFFERING,
2022–2027 (USD BILLION)    130
7.2    PRODUCTS    130
TABLE 92    INDUSTRIAL CYBERSECURITY MARKET, BY PRODUCT,
2018–2021 (USD MILLION)    130
FIGURE 43    GATEWAYS TO DOMINATE INDUSTRIAL CYBERSECURITY MARKET FOR PRODUCTS SEGMENT DURING FORECAST PERIOD    131
TABLE 93    INDUSTRIAL CYBERSECURITY MARKET, BY PRODUCT,
2022–2027 (USD MILLION)    131
7.2.1    GATEWAYS    132
7.2.1.1    Gateways help provide cybersecurity to industrial control systems    132
FIGURE 44    POWER INDUSTRY HELD LARGEST SHARE OF INDUSTRIAL CYBERSECURITY MARKET FOR GATEWAYS IN 2021    132
TABLE 94    INDUSTRIAL CYBERSECURITY MARKET FOR GATEWAYS, BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    133
TABLE 95    INDUSTRIAL CYBERSECURITY MARKET FOR GATEWAYS, BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    133
7.2.2    NETWORKING DEVICES    134
7.2.2.1    Routers    134
7.2.2.1.1    Conventional routers will be replaced with advanced technology-based routers    134
TABLE 96    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORKING DEVICES,
BY TYPE, 2018–2021 (THOUSAND UNITS)    134
FIGURE 45    INDUSTRIAL ETHERNET SWITCHES TO COMMAND INDUSTRIAL CYBERSECURITY MARKET FOR NETWORKING DEVICES THROUGHOUT FORECAST PERIOD    135
TABLE 97    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORKING DEVICES, BY TYPE, 2022–2027 (THOUSAND UNITS)    135
7.2.2.2    Industrial Ethernet switches    135
7.2.2.2.1    Industrial Ethernet switches offer industry-grade reliability, network redundancy, and enhanced security    135
TABLE 98    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORKING DEVICES,
BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    136
TABLE 99    INDUSTRIAL CYBERSECURITY MARKET FOR NETWORKING DEVICES,
BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    136
7.3    SOLUTIONS & SERVICES    137
TABLE 100    INDUSTRIAL CYBERSECURITY MARKET, BY SOLUTION & SERVICE,
2018–2021 (USD MILLION)    137
TABLE 101    INDUSTRIAL CYBERSECURITY MARKET, BY SOLUTION & SERVICE,
2022–2027 (USD MILLION)    137
FIGURE 46    INDUSTRIAL CYBERSECURITY MARKET FOR SOLUTIONS SEGMENT TO GROW AT HIGHER CAGR THAN SERVICES SEGMENT DURING FORECAST PERIOD    138
7.3.1    SOLUTIONS    139
TABLE 102    INDUSTRIAL CYBERSECURITY MARKET FOR SOLUTIONS, BY TYPE,
2018–2021 (USD MILLION)    139
TABLE 103    INDUSTRIAL CYBERSECURITY MARKET FOR SOLUTIONS, BY TYPE,
2022–2027 (USD MILLION)    139
7.3.1.1    Antivirus/malware    140
7.3.1.1.1    Antivirus/malware segment to hold largest share of solutions market in 2027    140
7.3.1.2    Firewall    141
7.3.1.2.1    Working via VPN during COVID-19 heightened requirement for firewall solutions    141
7.3.1.2.1.1    Proxy firewall    141
7.3.1.2.1.2    Packet-filtering firewall    141
7.3.1.2.1.3    Stateful inspection firewall    141
7.3.1.2.1.4    Next-generation firewall (NGFW)    141
7.3.1.3    SCADA encryption    142
7.3.1.3.1    SCADA encryption helps mitigate common attacks    142
7.3.1.4    Virtualization security    142
7.3.1.4.1    Demand for virtualization security expected to increase during forecast period    142
7.3.1.5    Data loss prevention (DLP)    142
7.3.1.5.1    DLP solutions to witness huge demand in post-pandemic situation    142
7.3.1.6    Security information and event management (SIEM)    143
7.3.1.6.1    SIEM provides centralized combined system    143
7.3.1.7    Intrusion detection system/intrusion prevention system    143
7.3.1.7.1    IDS/IPS technologies will be in demand for detecting suspicious activities    143
7.3.1.8    Identity and access management (IAM)    143
7.3.1.8.1    IAM helps provide secure remote access    143
TABLE 104    INDUSTRIAL CYBERSECURITY MARKET FOR SOLUTIONS, BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    144
TABLE 105    INDUSTRIAL CYBERSECURITY MARKET FOR SOLUTIONS, BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    144
FIGURE 47    POWER INDUSTRY CAPTURED LARGEST SHARE OF INDUSTRIAL CYBERSECURITY MARKET FOR SOLUTIONS IN @    145
7.3.1.9    Unified threat management (UTM)    145
7.3.1.9.1    UTM allows network operators to monitor and control security-related applications    145
7.3.1.10    Distributed denial of service (DDoS)    145
7.3.1.10.1    Increasing DDOS attacks to heighten need for DDOS    145
7.3.1.11    Others    146
7.3.1.11.1    Application whitelisting    146
7.3.1.11.2    Update and patch management    146
7.3.1.11.3    Database activity monitoring (DAM)    146
7.3.2    SERVICES    147
TABLE 106    INDUSTRIAL CYBERSECURITY MARKET FOR SERVICES, BY TYPE,
2018–2021 (USD MILLION)    147
TABLE 107    INDUSTRIAL CYBERSECURITY MARKET FOR SERVICES, BY TYPE,
2022–2027 (USD MILLION)    147
FIGURE 48    PROFESSIONAL SERVICES ACCOUNTED FOR LARGER MARKET SHARE THAN MANAGED SERVICES IN 2021    148
7.3.2.1    Managed services    148
7.3.2.1.1    Managed services help companies with critical infrastructure to gain complete visibility and control over systems that are part of network infrastructure    148
7.3.2.2    Professional services    149
FIGURE 49    RISK MANAGEMENT SERVICES TO REGISTER HIGHEST CAGR IN INDUSTRIAL CYBERSECURITY MARKET DURING FORECAST PERIOD    149
TABLE 108    INDUSTRIAL CYBERSECURITY MARKET FOR PROFESSIONAL SERVICES,
BY TYPE, 2018–2021 (USD MILLION)    149
TABLE 109    INDUSTRIAL CYBERSECURITY MARKET FOR PROFESSIONAL SERVICES,
BY TYPE, 2022–2027 (USD MILLION)    150
7.3.2.2.1.1    Risk management services (RMS)    150
7.3.2.2.1.2    Audit and reporting services    150
7.3.2.2.1.3    Design, integration, and consulting services    151
TABLE 110    INDUSTRIAL CYBERSECURITY MARKET FOR SERVICES, BY END-USER INDUSTRY, 2018–2021 (USD MILLION)    151
TABLE 111    INDUSTRIAL CYBERSECURITY MARKET FOR SERVICES, BY END-USER INDUSTRY, 2022–2027 (USD MILLION)    151
8    INDUSTRIAL CYBERSECURITY MARKET, BY END-USER INDUSTRY    152
8.1    INTRODUCTION    153
FIGURE 50    INDUSTRIAL CYBERSECURITY MARKET, BY END-USER INDUSTRY    153
TABLE 112    INDUSTRIAL CYBERSECURITY MARKET, BY END-USER INDUSTRY,
2018–2021 (USD BILLION)    154
TABLE 113    INDUSTRIAL CYBERSECURITY MARKET, BY END-USER INDUSTRY,
2022–2027 (USD BILLION)    154
FIGURE 51    TRANSPORTATION INDUSTRY TO EXHIBIT HIGHEST CAGR IN INDUSTRIAL CYBERSECURITY MARKET DURING FORECAST PERIOD    155
8.2    POWER    156
8.2.1    POWER SECTOR EXPECTED TO HOLD LARGEST MARKET SHARE IN 2027    156
TABLE 114    INDUSTRIAL CYBERSECURITY MARKET FOR POWER INDUSTRY, BY OFFERING, 2018–2021 (USD MILLION)    156
FIGURE 52    SOLUTIONS & SERVICES TO HOLD LARGEST SHARE OF INDUSTRIAL CYBERSECURITY MARKET FOR POWER INDUSTRY DURING FORECAST PERIOD    156
TABLE 115    INDUSTRIAL CYBERSECURITY MARKET FOR POWER INDUSTRY, BY OFFERING, 2022–2027 (USD MILLION)    157
8.2.1.1    Power generation plants    157
8.2.1.2    Nuclear power plants    157
8.2.1.3    Thermal and hydropower plants    158
8.2.1.4    Renewable energy power plants    158
TABLE 116    INDUSTRIAL CYBERSECURITY MARKET FOR POWER INDUSTRY,
BY PRODUCT, 2018–2021 (USD MILLION)    158
TABLE 117    INDUSTRIAL CYBERSECURITY MARKET FOR POWER INDUSTRY,
BY PRODUCT, 2022–2027 (USD MILLION)    158
TABLE 118    INDUSTRIAL CYBERSECURITY MARKET FOR POWER INDUSTRY,
BY SOLUTION AND SERVICE, 2018–2021 (USD MILLION)    159
TABLE 119    INDUSTRIAL CYBERSECURITY MARKET FOR POWER INDUSTRY,
BY SOLUTION & SERVICE, 2022–2027 (USD MILLION)    159
8.2.1.5    Power grids    159
8.3    UTILITIES    160
8.3.1    UTILITIES SECTOR TO WITNESS HIGH DEMAND FOR INDUSTRIAL CYBERSECURITY PRODUCTS OWING TO RISING NUMBER OF CYBER CRIMES    160
TABLE 120    INDUSTRIAL CYBERSECURITY MARKET FOR UTILITIES INDUSTRY,
BY OFFERING, 2018–2021 (USD MILLION)    160
FIGURE 53    PRODUCT OFFERINGS TO RECORD HIGHER CAGR IN INDUSTRIAL CYBERSECURITY MARKET FOR UTILITIES INDUSTRY DURING FORECAST PERIOD    160
TABLE 121    INDUSTRIAL CYBERSECURITY MARKET FOR UTILITIES INDUSTRY,
BY OFFERING, 2022–2027 (USD MILLION)    161
8.3.1.1    Oil and gas pipelines    161
8.3.1.2    Electric power transmission    161
TABLE 122    INDUSTRIAL CYBERSECURITY MARKET FOR UTILITIES INDUSTRY,
BY PRODUCT, 2018–2021 (USD MILLION)    162
TABLE 123    INDUSTRIAL CYBERSECURITY MARKET FOR UTILITIES INDUSTRY,
BY PRODUCT, 2022–2027 (USD MILLION)    162
TABLE 124    INDUSTRIAL CYBERSECURITY MARKET FOR UTILITIES INDUSTRY,
BY SOLUTION & SERVICE, 2018–2021 (USD MILLION)    162
TABLE 125    INDUSTRIAL CYBERSECURITY MARKET FOR UTILITIES INDUSTRY,
BY SOLUTION & SERVICE, 2022–2027 (USD MILLION)    163
8.3.1.3    Water treatment and distribution    163
8.3.1.4    Wastewater collection and treatment    163
8.4    TRANSPORTATION    163
8.4.1    TRANSPORTATION INDUSTRY TO WITNESS HIGHEST CAGR IN INDUSTRIAL CYBERSECURITY MARKET DUE TO INCREASED NUMBER OF CYBERATTACKS    163
TABLE 126    INDUSTRIAL CYBERSECURITY MARKET FOR TRANSPORTATION INDUSTRY,
BY OFFERING, 2018–2021 (USD MILLION)    164
TABLE 127    INDUSTRIAL CYBERSECURITY MARKET FOR TRANSPORTATION INDUSTRY,
BY OFFERING, 2022–2027 (USD MILLION)    164
FIGURE 54    PRODUCTS SEGMENT TO WITNESS HIGHER CAGR IN INDUSTRIAL CYBERSECURITY MARKET FOR TRANSPORTATION INDUSTRY DURING FORECAST PERIOD    165
8.4.1.1    Airports    165
TABLE 128    INDUSTRIAL CYBERSECURITY MARKET FOR TRANSPORTATION INDUSTRY,
BY PRODUCT, 2018–2021 (USD MILLION)    166
TABLE 129    INDUSTRIAL CYBERSECURITY MARKET FOR TRANSPORTATION INDUSTRY,
BY PRODUCT, 2022–2027 (USD MILLION)    166
TABLE 130    INDUSTRIAL CYBERSECURITY MARKET FOR TRANSPORTATION INDUSTRY,
BY SOLUTION & SERVICE, 2018–2021 (USD MILLION)    166
TABLE 131    INDUSTRIAL CYBERSECURITY MARKET FOR TRANSPORTATION INDUSTRY,
BY SOLUTION & SERVICE, 2022–2027 (USD MILLION)    167
8.4.1.2    Seaports    167
8.4.1.3    Railways    167
8.4.1.4    Others    167
8.5    CHEMICALS AND MANUFACTURING    168
8.5.1    URGENT NEED TO PROTECT INDUSTRIAL CONTROL SYSTEMS PROPELS GROWTH OF INDUSTRIAL CYBERSECURITY MARKET    168
TABLE 132    INDUSTRIAL CYBERSECURITY MARKET FOR CHEMICALS AND MANUFACTURING INDUSTRY, BY OFFERING, 2018–2021 (USD MILLION)    168
FIGURE 55    SOLUTIONS & SERVICES SEGMENT TO HOLD LARGER SHARE OF INDUSTRIAL CYBERSECURITY MARKET FOR CHEMICALS AND MANUFACTURING INDUSTRY DURING FORECAST PERIOD    168
TABLE 133    INDUSTRIAL CYBERSECURITY MARKET FOR CHEMICALS AND MANUFACTURING INDUSTRY, BY OFFERING, 2022–2027 (USD MILLION)    169
8.5.1.1    Automated production units    169
TABLE 134    INDUSTRIAL CYBERSECURITY MARKET FOR CHEMICALS AND MANUFACTURING INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)    169
TABLE 135    INDUSTRIAL CYBERSECURITY MARKET FOR CHEMICALS AND MANUFACTURING INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)    170
TABLE 136    INDUSTRIAL CYBERSECURITY MARKET FOR CHEMICALS AND MANUFACTURING INDUSTRY, BY SOLUTION AND SERVICE,
2018–2021 (USD MILLION)    170
TABLE 137    INDUSTRIAL CYBERSECURITY MARKET FOR CHEMICALS AND MANUFACTURING INDUSTRY, BY SOLUTION AND SERVICE,
2022–2027 (USD MILLION)    170
8.5.1.2    Refining plants    170
8.5.1.3    Mining units    171
8.6    OTHERS    171
TABLE 138    INDUSTRIAL CYBERSECURITY MARKET FOR OTHER INDUSTRIES,
BY OFFERING, 2018–2021 (USD MILLION)    171
TABLE 139    INDUSTRIAL CYBERSECURITY MARKET FOR OTHER INDUSTRIES,
BY OFFERING, 2022–2027 (USD MILLION)    171
FIGURE 56    SOLUTIONS & SERVICES SEGMENT TO CAPTURE LARGER MARKET SHARE FOR OTHER INDUSTRIES DURING FORECAST PERIOD    172
TABLE 140    INDUSTRIAL CYBERSECURITY MARKET FOR OTHER INDUSTRIES,
BY PRODUCT, 2018–2021(USD MILLION)    172
TABLE 141    INDUSTRIAL CYBERSECURITY MARKET FOR OTHER INDUSTRIES,
BY PRODUCT, 2022–2027 (USD MILLION)    173
TABLE 142    INDUSTRIAL CYBERSECURITY MARKET FOR OTHER INDUSTRIES,
BY SOLUTION AND SERVICE, 2018–2021(USD MILLION)    173
TABLE 143    INDUSTRIAL CYBERSECURITY MARKET FOR OTHER INDUSTRIES,
BY SOLUTION AND SERVICE, 2022–2027 (USD MILLION)    173
9    GEOGRAPHIC ANALYSIS    174
9.1    INTRODUCTION    175
FIGURE 57    INDUSTRIAL CYBERSECURITY MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2022 TO 2027    175
TABLE 144    INDUSTRIAL CYBERSECURITY MARKET, BY REGION,
2018–2021 (USD MILLION)    175
TABLE 145    INDUSTRIAL CYBERSECURITY MARKET, BY REGION,
2022–2027 (USD MILLION)    176
9.2    NORTH AMERICA    177
FIGURE 58    SNAPSHOT OF INDUSTRIAL CYBERSECURITY MARKET IN NORTH AMERICA    177
TABLE 146    INDUSTRIAL CYBERSECURITY MARKET IN NORTH AMERICA, BY SECURITY TYPE, 2018–2021 (USD MILLION)    178
TABLE 147    INDUSTRIAL CYBERSECURITY MARKET IN NORTH AMERICA,
BY SECURITY TYPE, 2022–2027 (USD MILLION)    178
TABLE 148    INDUSTRIAL CYBERSECURITY MARKET IN NORTH AMERICA,
BY COUNTRY, 2022–2027 (USD MILLION)    179
TABLE 149    INDUSTRIAL CYBERSECURITY MARKET IN NORTH AMERICA,
BY COUNTRY, 2022–2027 (USD MILLION)    179
9.2.1    US    179
9.2.1.1    US to hold major share of industrial cybersecurity in 2027    179
TABLE 150    INDUSTRIAL CYBERSECURITY MARKET IN US, BY SECURITY TYPE,
2018–2021 (USD MILLION)    180
TABLE 151    INDUSTRIAL CYBERSECURITY MARKET IN US, BY SECURITY TYPE,
2022–2027 (USD MILLION)    180
9.2.2    CANADA    181
9.2.2.1    Canada to witness high demand for industrial cybersecurity products and services owing to rising adoption of digital technologies by business owners    181
TABLE 152    INDUSTRIAL CYBERSECURITY MARKET IN CANADA, BY SECURITY TYPE, 2018–2021 (USD MILLION)    181
TABLE 153    INDUSTRIAL CYBERSECURITY MARKET IN CANADA, BY SECURITY TYPE, 2022–2027 (USD MILLION)    182
9.2.3    MEXICO    182
9.2.3.1    Mexican market growth is driven by implementation of wireless connectivity devices in industrial plants    182
TABLE 154    INDUSTRIAL CYBERSECURITY MARKET IN MEXICO, BY SECURITY TYPE,
2018–2021 (USD MILLION)    182
TABLE 155    INDUSTRIAL CYBERSECURITY MARKET IN MEXICO, BY SECURITY TYPE,
2022–2027 (USD MILLION)    183"
"9.3    EUROPE    183
FIGURE 59    SNAPSHOT OF INDUSTRIAL CYBERSECURITY MARKET IN EUROPE    184
TABLE 156    INDUSTRIAL CYBERSECURITY MARKET IN EUROPE, BY SECURITY TYPE, 2018–2021 (USD MILLION)    185
TABLE 157    INDUSTRIAL CYBERSECURITY MARKET IN EUROPE, BY SECURITY TYPE, 2022–2027 (USD MILLION)    185
TABLE 158    INDUSTRIAL CYBERSECURITY MARKET IN EUROPE, BY COUNTRY,
2018–2021 (USD MILLION)    186
TABLE 159    INDUSTRIAL CYBERSECURITY MARKET IN EUROPE, BY COUNTRY,
2022–2027 (USD MILLION)    186
9.3.1    UK    187
9.3.1.1    Rising number of active cybersecurity firms in UK to create opportunities for market growth    187
TABLE 160    INDUSTRIAL CYBERSECURITY MARKET IN UK, BY SECURITY TYPE,
2018–2021 (USD MILLION)    187
TABLE 161    INDUSTRIAL CYBERSECURITY MARKET IN UK, BY SECURITY TYPE,
2022–2027 (USD MILLION)    187
9.3.2    GERMANY    188
9.3.2.1    Growing adoption of industrial cybersecurity solutions by private and government organizations to ensure data privacy    188
TABLE 162    INDUSTRIAL CYBERSECURITY MARKET IN GERMANY, BY SECURITY TYPE, 2018–2021 (USD MILLION)    188
TABLE 163    INDUSTRIAL CYBERSECURITY MARKET IN GERMANY, BY SECURITY TYPE, 2022–2027 (USD MILLION)    189
9.3.3    FRANCE    189
9.3.3.1    Elevating demand for data security solutions from defense sector to fuel industrial cybersecurity market growth    189
TABLE 164    INDUSTRIAL CYBERSECURITY MARKET IN FRANCE, BY SECURITY TYPE,
2018–2021 (USD MILLION)    190
TABLE 165    INDUSTRIAL CYBERSECURITY MARKET IN FRANCE, BY SECURITY TYPE,
2022–2027 (USD MILLION)    190
9.3.4    ITALY    191
9.3.4.1    Increasing number of cybercrimes prompts use of industrial cybersecurity solutions in Italy    191
TABLE 166    INDUSTRIAL CYBERSECURITY MARKET IN ITALY, BY SECURITY TYPE,
2018–2021 (USD MILLION)    191
TABLE 167    INDUSTRIAL CYBERSECURITY MARKET IN ITALY, BY SECURITY TYPE,
2022–2027 (USD MILLION)    191
9.3.5    NETHERLANDS    192
9.3.5.1    Growing number of digital attacks to create strong need for cybersecurity products    192
TABLE 168    INDUSTRIAL CYBERSECURITY MARKET IN NETHERLANDS, BY SECURITY TYPE, 2018–2021 (USD MILLION)    192
TABLE 169    INDUSTRIAL CYBERSECURITY MARKET IN NETHERLANDS, BY SECURITY TYPE, 2022–2027 (USD MILLION)    192
9.3.6    REST OF EUROPE    193
TABLE 170    INDUSTRIAL CYBERSECURITY MARKET IN REST OF EUROPE, BY SECURITY TYPE, 2018–2021 (USD MILLION)    193
TABLE 171    INDUSTRIAL CYBERSECURITY MARKET IN REST OF EUROPE, BY SECURITY TYPE, 2022–2027 (USD MILLION)    193
9.4    ASIA PACIFIC    194
FIGURE 60    SNAPSHOT OF INDUSTRIAL CYBERSECURITY MARKET IN ASIA PACIFIC    194
TABLE 172    INDUSTRIAL CYBERSECURITY MARKET IN ASIA PACIFIC, BY SECURITY TYPE, 2018–2021 (USD MILLION)    195
TABLE 173    INDUSTRIAL CYBERSECURITY MARKET IN ASIA PACIFIC, BY SECURITY TYPE, 2022–2027 (USD MILLION)    195
TABLE 174    INDUSTRIAL CYBERSECURITY MARKET IN ASIA PACIFIC, BY COUNTRY,
 2018–2021 (USD MILLION)    196
TABLE 175    INDUSTRIAL CYBERSECURITY MARKET IN ASIA PACIFIC, BY COUNTRY,
2022–2027 (USD MILLION)    196
9.4.1    CHINA    196
9.4.1.1    Growing implementation of latest technologies in industrial plants to boost demand for industrial cybersecurity products    196
TABLE 176    INDUSTRIAL CYBERSECURITY MARKET IN CHINA, BY SECURITY TYPE,
2018–2021 (USD MILLION)    197
TABLE 177    INDUSTRIAL CYBERSECURITY MARKET IN CHINA, BY SECURITY TYPE,
2022–2027 (USD MILLION)    197
9.4.2    JAPAN    198
9.4.2.1    Rising technological advancements in Japan will force country to follow industrial cybersecurity measures    198
TABLE 178    INDUSTRIAL CYBERSECURITY MARKET IN JAPAN, BY SECURITY TYPE,
2018–2021 (USD MILLION)    198
TABLE 179    INDUSTRIAL CYBERSECURITY MARKET IN JAPAN, BY SECURITY TYPE,
2022–2027 (USD MILLION)    199
9.4.3    INDIA    199
9.4.3.1    Increasing crime rate prompts country to install industrial cybersecurity solutions    199
TABLE 180    INDUSTRIAL CYBERSECURITY MARKET IN INDIA, BY SECURITY TYPE,
2018–2021 (USD MILLION)    200
TABLE 181    INDUSTRIAL CYBERSECURITY MARKET IN INDIA, BY SECURITY TYPE,
2022–2027 (USD MILLION)    200
9.4.4    SOUTH KOREA    200
9.4.4.1    Surging penetration of computer networks to propel growth of industrial cybersecurity market    200
TABLE 182    INDUSTRIAL CYBERSECURITY MARKET IN SOUTH KOREA, BY SECURITY TYPE, 2018–2021 (USD MILLION)    201
TABLE 183    INDUSTRIAL CYBERSECURITY MARKET IN SOUTH KOREA, BY SECURITY TYPE, 2022–2027 (USD MILLION)    201
9.4.5    REST OF ASIA PACIFIC    202
TABLE 184    INDUSTRIAL CYBERSECURITY MARKET IN REST OF ASIA PACIFIC,
BY SECURITY TYPE, 2018–2021 (USD MILLION)    202
TABLE 185    INDUSTRIAL CYBERSECURITY MARKET IN REST OF ASIA PACIFIC,
BY SECURITY TYPE, 2022–2027 (USD MILLION)    202
9.5    REST OF THE WORLD (ROW)    203
FIGURE 61    SNAPSHOT OF INDUSTRIAL CYBERSECURITY MARKET IN ROW    203
TABLE 186    INDUSTRIAL CYBERSECURITY MARKET IN ROW, BY SECURITY TYPE,
2018–2021 (USD MILLION)    203
TABLE 187    INDUSTRIAL CYBERSECURITY MARKET IN ROW, BY SECURITY TYPE,
2022–2027 (USD MILLION)    204
TABLE 188    INDUSTRIAL CYBERSECURITY MARKET IN ROW, BY REGION,
2018–2021 (USD MILLION)    204
TABLE 189    INDUSTRIAL CYBERSECURITY MARKET IN ROW, BY REGION,
2022–2027 (USD MILLION)    204
9.5.1    MIDDLE EAST AND AFRICA (MEA)    205
9.5.1.1    Cybersecurity spending by governments increased due to growing vulnerability of critical infrastructure to cyber threats    205
TABLE 190    INDUSTRIAL CYBERSECURITY MARKET IN MEA, BY SECURITY TYPE,
2018–2021 (USD MILLION)    205
TABLE 191    INDUSTRIAL CYBERSECURITY MARKET IN MEA, BY SECURITY TYPE,
2022–2027 (USD MILLION)    205
9.5.2    SOUTH AMERICA    206
9.5.2.1    Demand for cybersecurity solutions during forecast period would increase with rising number of cyberattacks in oil & gas and transportation sectors    206
TABLE 192    INDUSTRIAL CYBERSECURITY MARKET IN SOUTH AMERICA, BY SECURITY TYPE, 2018–2021 (USD MILLION)    206
TABLE 193    INDUSTRIAL CYBERSECURITY MARKET IN SOUTH AMERICA,
BY SECURITY TYPE, 2022–2027 (USD MILLION)    207
10    COMPETITIVE LANDSCAPE    208
10.1    INTRODUCTION    208
10.2    KEY PLAYER STRATEGIES/RIGHT TO WIN    208
10.2.1    OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN INDUSTRIAL CYBERSECURITY MARKET    208
10.3    MARKET SHARE ANALYSIS    211
TABLE 194    INDUSTRIAL CYBERSECURITY MARKET: DEGREE OF COMPETITION    211
10.4    REVENUE ANALYSIS    212
10.4.1    INDUSTRIAL CYBERSECURITY MARKET    212
FIGURE 62    REVENUE ANALYSIS OF KEY COMPANIES IN PAST FIVE YEARS    212
10.5    COMPANY EVALUATION QUADRANT    213
10.5.1    INDUSTRIAL CYBERSECURITY MARKET    213
10.5.1.1    Star    213
10.5.1.2    Emerging leader    213
10.5.1.3    Pervasive    213
10.5.1.4    Participant    213
FIGURE 63    INDUSTRIAL CYBERSECURITY MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2021    214
10.6    COMPETITIVE BENCHMARKING    215
10.6.1    STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX    215
10.6.1.1    Progressive company    215
10.6.1.2    Responsive company    215
10.6.1.3    Dynamic company    215
10.6.1.4    Starting block    215
FIGURE 64    STARTUP/SME EVALUATION MATRIX    216
TABLE 195    INDUSTRIAL CYBERSECURITY MARKET: DETAILED LIST OF KEY STARTUP/SMES    217
TABLE 196    INDUSTRIAL CYBERSECURITY MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]    218
10.7    COMPETITIVE SCENARIO AND TRENDS    219
10.7.1    INDUSTRIAL CYBERSECURITY    219
10.7.1.1    Product Launches and developments    219
TABLE 197    INDUSTRIAL CYBERSECURITY MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS, AUGUST 2018 AND JANUARY 2022    219
10.7.1.2    Deals    222
TABLE 198    INDUSTRIAL CYBERSECURITY MARKET: DEALS, AUGUST 2018 AND JANUARY 2022    222
10.7.1.3    Others    231

11    COMPANY PROFILES    232
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
11.1    KEY PLAYERS    232
11.1.1    INTERNATIONAL BUSINESS MACHINES (IBM) CORPORATION    232
TABLE 199    IBM CORPORATION: BUSINESS OVERVIEW    232
FIGURE 65    IBM CORPORATION: COMPANY SNAPSHOT    233
TABLE 200    IBM CORPORATION: PRODUCTS AND SOLUTIONS OFFERED    233
TABLE 201    IBM CORPORATION: SERVICES OFFERED    234
TABLE 202    IBM CORPORATION: PRODUCT LAUNCHES    235
TABLE 203    IBM CORPORATION: DEALS    235
TABLE 204    IBM CORPORATION: OTHERS    237
11.1.2    HONEYWELL INTERNATIONAL INC.    239
TABLE 205    HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW    239
FIGURE 66    HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT    240
TABLE 206    HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED    240
TABLE 207    HONEYWELL INTERNATIONAL INC.: SOLUTIONS OFFERED    241
TABLE 208    HONEYWELL INTERNATIONAL INC.: SERVICES OFFERED    241
TABLE 209    HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES    242
TABLE 210    HONEYWELL INTERNATIONAL INC.: DEALS    242
11.1.3    ABB LTD.    244
TABLE 211    ABB LTD.: BUSINESS OVERVIEW    244
FIGURE 67    ABB LTD.: COMPANY SNAPSHOT    245
TABLE 212    ABB LTD.: PRODUCTS OFFERED    245
TABLE 213    ABB LTD.: PRODUCT LAUNCHES    246
TABLE 214    ABB LTD.: DEALS    246
11.1.4    CISCO SYSTEMS, INC.    248
TABLE 215    CISCO SYSTEMS, INC.: BUSINESS OVERVIEW    248
FIGURE 68    CISCO SYSTEMS, INC.: COMPANY SNAPSHOT    249
TABLE 216    CISCO SYSTEMS, INC.: PRODUCTS OFFERED    249
TABLE 217    CISCO SYSTEMS, INC.: SERVICES OFFERED    250
TABLE 218    CISCO SYSTEMS, INC.: PRODUCT LAUNCHES    250
TABLE 219    CISCO SYSTEMS, INC.: DEALS    251
11.1.5    SCHNEIDER ELECTRIC    254
TABLE 220    SCHNEIDER ELECTRIC: BUSINESS OVERVIEW    254
FIGURE 69    SCHNEIDER ELECTRIC: COMPANY SNAPSHOT    255
TABLE 221    SCHNEIDER ELECTRIC: PRODUCTS OFFERED    255
TABLE 222    SCHNEIDER ELECTRIC: DEALS    256
11.1.6    MCAFEE CORPORATION    258
TABLE 223    MCAFEE CORPORATION: BUSINESS OVERVIEW    258
FIGURE 70    MCAFEE CORPORATION: COMPANY SNAPSHOT    258
TABLE 224    MCAFEE CORPORATION: PRODUCTS OFFERED    259
TABLE 225    MCAFEE CORPORATION: PRODUCT LAUNCHES    259
TABLE 226    MCAFEE CORPORATION: DEALS    260
11.1.7    SIEMENS    262
TABLE 227    SIEMENS: BUSINESS OVERVIEW    262
FIGURE 71    SIEMENS: COMPANY SNAPSHOT    263
TABLE 228    SIEMENS: PRODUCTS OFFERED    263
TABLE 229    SIEMENS: DEALS    264
11.1.8    DELL TECHNOLOGIES INC.    265
TABLE 230    DELL TECHNOLOGIES INC.: BUSINESS OVERVIEW    265
FIGURE 72    DELL TECHNOLOGIES INC.: COMPANY SNAPSHOT    266
TABLE 231    DELL TECHNOLOGIES INC.: PRODUCTS OFFERED    266
TABLE 232    DELL TECHNOLOGIES INC.: DEALS    267
11.1.9    NORTONLIFELOCK INC.    268
TABLE 233    NORTONLIFELOCK INC.: BUSINESS OVERVIEW    268
FIGURE 73    NORTONLIFELOCK INC.: COMPANY SNAPSHOT    269
TABLE 234    NORTONLIFELOCK INC.: PRODUCTS OFFERED    269
TABLE 235    NORTONLIFELOCK INC.: DEALS    270
11.1.10    ROCKWELL AUTOMATION INC.    271
TABLE 236    ROCKWELL AUTOMATION INC.: BUSINESS OVERVIEW    271
FIGURE 74    ROCKWELL AUTOMATION INC.: COMPANY SNAPSHOT    272
TABLE 237    ROCKWELL AUTOMATION INC.: PRODUCTS OFFERED    272
TABLE 238    ROCKWELL AUTOMATION INC.: DEALS    273
11.2    OTHER PLAYERS    275
11.2.1    KASPERSKY LAB    275
11.2.2    FORTINET    276
11.2.3    PALO ALTO NETWORK    277
11.2.4    PROOFPOINT    278
11.2.5    TREND MICRO    279
11.2.6    SPLUNK TECHNOLOGY    280
11.2.7    BROADCOM INC.    281
11.2.8    MICROSOFT CORPORATION    282
11.2.9    FORESCOUT TECHNOLOGIES INC.    283
11.2.10    OPSWAT    284
11.2.11    DRAGOS INC.    285
11.2.12    CYBERARK    285
11.2.13    ARGUS CYBER SECURITY    286
11.2.14    CYLUS    286
11.2.15    UPSTREAM SECURITY    287
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

12    APPENDIX    288
12.1    DISCUSSION GUIDE    288
12.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    292
12.3    AVAILABLE CUSTOMIZATIONS    294
12.4    RELATED REPORTS    294
12.5    AUTHOR DETAILS    295"