critical infrastructure protection market

Critical Infrastructure Protection Market by Security Technology (Network Security, Physical Security, Vehicle Identification Management, Secure Communications, Building Management Systems, Scada Security, Radars, and CBRNE), Services (Risk Management Systems, Managed Services, Maintenance & Support, Designing, Integration, and Consultation), Vertical (Transportation, Energy & Power, and Sensitive Infrastructure & Enterprises), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-1274
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 164
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The global critical infrastructure protection market size was USD 79.49 billion in 2020 and is estimated to register a substantial CAGR of above 7% during the forecast period, 2021–2028. The growth of the market is attributed to factors such as supporting the seamless progression and assimilation of modern society. Furthermore, the performance, reliability, safety, continuous maintenance, operation, and protection of critical infrastructure are among the national priorities for countries around the world which is likely to drive the market.

critical infrastructure protection market summary

Critical infrastructure protection corresponds to the surveillance and response to serious incidents that involve the critical infrastructure of a region or nation. It includes transportation, banking and finance, energy and power, defense, and others. The increasing requirement to safeguard these infrastructures from such attacks leads to the adoption of critical infrastructure protection solutions. Furthermore, it also provides controls to secure communication between devices, stabilize the device, and to manage and monitor the connected devices. Moreover, it implements physical security control and cyber security controls.

The Covid-19 pandemic had a adverse impact on the critical infrastructure protection market. The demand security solution has declined owing to the ongoing crisis; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing number stringent government regulations and practices to surge the adoption of CIP solutions for the nation’s safety is expected to drive the market during the forecast period.
  • Rising deployment of automation solutions, IT expenditure, and efficient policies and regulations are anticipated to fuel the market in coming years.
  • Increasing security breaches and cyber threats & attacks are likely to boost the critical infrastructure protection market.
  • Growing demand for secure OT networks is projected to propel the market.
  • Lack of knowledge and technically skilled force about industrial control systems are expected to impede the growth of the critical infrastructure protection market.
  • High procurement costs of CIP solutions are projected to hinder the market during the forecast period.
  • R&D investment and technological advancement in the critical infrastructure protection market are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the critical infrastructure protection market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Critical Infrastructure Protection Market –Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Security Technology (Network Security, Physical Security, Vehicle Identification Management, Secure Communications, Building Management Systems, Scada Security, Radars, and CBRNE), Services (Risk Management Systems, Managed Services, Maintenance & Support, Designing, Integration, and Consultation), Vertical (Transportation, Energy & Power, and Sensitive Infrastructure & Enterprises)

Regions

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

BAE Systems; Honeywell International Inc.; EMC Corporation; General Electric; and McAfee Inc. 

 

Market Segment insights

The physical security segment is projected to constitute a large market share

Based on security technology, the critical infrastructure protection market is segregated into network security, physical security, vehicle identification management, secure communications, building management systems, scada security, radars, and CBRNE. The physical security segment is expected to account for a key share of the market during the forecast period owing to increasing threats to physical assets, rising terrorist attacks around the world, and government regulations and practices.

critical infrastructure protection market vertical

The risk managements segment is expected to register a substantial CAGR

Based on services, the market is divided into risk management systems, managed services, maintenance and support, designing, integration, and consultation. The risk management systems segment accounts for a key share of the market and is estimated to propel even further over the forecast period followed by designing and integration & consulting.  Increasing security breaches and cyber threats & attacks are primarily responsible for the segment growth during the forecast period.

The sensitive infrastructure & enterprises segment is estimated to expand at a robust pace

Based on vertical, the market is classified into transportation, energy & power, and sensitive infrastructure & enterprises. The sensitive infrastructure & enterprises segment is anticipated to expand at a rapid pace in coming years. Banking & financial services, government facilities & defense services, holy places & public places, stadiums, chemical sector, communication systems, and manufacturing sector are part of sensitive infrastructure & enterprises and are highly critical assets and they form a country’s important infrastructure. Thereby, Critical infrastructure protection provides solutions for this infrastructure to offer safety and security to customers.

North America is expected to dominate the market

In terms of regions, the market is broadly classified into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is anticipated to expand at a robust CAGR during the forecast period.  Susceptibility to terrorism, cyber hijacking, and other local threats in the region are expected to drive the market growth in near future; however, the market in Asia Pacific is estimated to expand at a robust rate during the forecast period. Rising cyber threats, constant threat of terrorism, and increasing investment in infrastructure protection in this region are the key factors projected to surge the demand for critical infrastructure protection during the forecast period.

critical infrastructure protection market region


 

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Critical Infrastructure Protection Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Critical Infrastructure Protection Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Critical Infrastructure Protection Market - Supply Chain
  4.5. Global Critical Infrastructure Protection Market Forecast
     4.5.1. Critical Infrastructure Protection Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Critical Infrastructure Protection Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Critical Infrastructure Protection Market Absolute $ Opportunity
5. Global Critical Infrastructure Protection Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Critical Infrastructure Protection Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Critical Infrastructure Protection Demand Share Forecast, 2019-2026
6. North America Critical Infrastructure Protection Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Critical Infrastructure Protection Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Critical Infrastructure Protection Demand Share Forecast, 2019-2026
7. Latin America Critical Infrastructure Protection Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Critical Infrastructure Protection Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Critical Infrastructure Protection Demand Share Forecast, 2019-2026
8. Europe Critical Infrastructure Protection Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Critical Infrastructure Protection Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Critical Infrastructure Protection Demand Share Forecast, 2019-2026
9. Asia Pacific Critical Infrastructure Protection Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Critical Infrastructure Protection Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Critical Infrastructure Protection Demand Share Forecast, 2019-2026
10. Middle East & Africa Critical Infrastructure Protection Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Critical Infrastructure Protection Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Critical Infrastructure Protection Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Critical Infrastructure Protection Market: Market Share Analysis
  11.2. Critical Infrastructure Protection Distributors and Customers
  11.3. Critical Infrastructure Protection Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. BAE Systems
     11.4.2. Honeywell International Inc.
     11.4.3. EMC Corporation
     11.4.4. General Electric
     11.4.5. McAfee Inc. 
Segments Covered in the Report

The critical infrastructure protection market has been segmented on the basis of:-

Security Technology
  • Network Security
  • Physical Security
  • Vehicle Identification Management
  • Secure Communications
  • Building Management Systems
  • Scada Security
  • Radars
  • CBRNE
Services
  • Risk Management Systems
  • Managed Services
  • Maintenance & Support
  • Designing, Integration
  • Consultation
Vertical
  • Transportation
  • Energy & Power
  • Sensitive Infrastructure & Enterprises
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Companies
  • BAE Systems
  • Honeywell International Inc.
  • EMC Corporation
  • General Electric
  • McAfee Inc. 

Key players competing in the critical infrastructure protection market include BAE Systems; Honeywell International Inc.; EMC Corporation; General Electric; and McAfee Inc. 
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,

  • In June 2020, Kuwait Integrated Petroleum Industries Company (KIPIC) have took part in strategic collaboration, signing a five-year, multi-million dollar contract for services to protect, optimize and maintain operations at the Al Zour refinery and liquefied natural gas import (LNGI) terminal in southern Kuwait.
  • In Jan 2020, The Company joint force with Amossys at International Cybersecurity Forum (FIC). The partnership has three focus areas i.e. detecting vulnerabilities, studies & innovation work (AI) and the development of Airbus’s cyber range platform. 

critical infrastructure protection market keyplayers


 

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