The Industrial Control Systems Security Market would reach market size of $13,012.3 million by 2023, growing at a CAGR of 6.1% during 2017 -2023. Industrial control systems are incorporated into a wide range of industrial machineries, globally. The ICS networks monitor, manage and administer almost anything and everything including nuclear power plants and other utilities to HVAC installations, robotics and even prison cell doors.
The rapid growth in the incidences of cyber-attacks and network security threats, significant growth in the investments related to smart technologies, and governmental support for Industrial Control Systems Security (ICS security) have driven the demand for ICS security solutions. The use of Industrial Control Systems (ICS) helps in monitoring industrial processes such as those in oil and gas, nuclear, power transmission and distribution, manufacturing, chemical, and other industries.
Based on the Product type, the Industrial Control Systems Security market is segmented into Solution and Services. The Solution market is further segmented into Firewall, Intrusion Detection System/Intrusion Prevention System, Antivirus/Anti-Malware, Unified Threat Management & SIEM, Data Loss Prevention, Distributed Denial of Service, SCADA Encryption, Virtualization Security, Identity & Access Management and Others. The Services market is segmented into Risk Management Services, Design, Integration, & Consulting, Managed Services and Audit & Reporting. Based on the Security Type, the market is segmented into Endpoint Security, Application Security, Database Security and Network Security.
The verticals covered under the report include Power, Energy & Utilities, Transportation Systems, Chemical & Manufacturing and Others. Based on region, Industrial Control Systems Security market is segmented into North America (US, Canada, Mexico and Rest of North America), Europe (Germany, UK, France, Russia, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Australia and Rest of Asia-Pacific) and Latin America, Middle East & Africa. North America remained the dominant region in the Industrial Control Systems Security market in 2016. Asia Pacific would witness promising CAGR during the forecast period (2017-2023). The report covers the analysis of key stake holders of the Industrial Control Systems Security market. Key companies profiled in the report include ABB Group, Belden Inc., Check Point Software Technologies, Cisco Systems, Inc., Fortinet Inc., General Electric (GE), Honeywell International, Inc., McAfee LLC, Siemens AG, and FireEye, Inc.