Markets and Markets : Industrial Control Systems (ICS) SecurityMarket Expected to Reach $10.33 Billion by 2018
(M2 PressWIRE Via Acquire Media NewsEdge) The report "Industrial Control Systems (ICS) Security Market [DDOS, IDS/IPS, Firewall, SIEM, SCADA Encryption, UTM, Application Whitelisting, DLP, Database
Activity Monitoring; Professional Services] - Global Advancements, Market Forecast & Analysis (2013 - 2018)", segments the global ICS security market into
various sub-segments with in-depth analysis and forecasting of revenues. It also identifies drivers and restraints for this market with insights into trends,
opportunities, and challenges.
Browse 83 market data tables and 27 figures spread through 192 pages and in-depth TOC on "Industrial Control Systems (ICS) Security Market [DDOS, IDS/IPS,
Firewall, SIEM, SCADA Encryption, UTM, Application Whitelisting, DLP, Database Activity Monitoring; Professional Services] - Global Advancements, Market
Forecast & Analysis (2013 - 2018)".
Early buyers will receive 10% customization on this report.
MarketsandMarkets has segmented the global ICS security by type of security technologies: Distributed Denial of Service (DDoS), Intrusion Detection
Systems/Intrusion Prevention Systems (IDS/IPS), firewall, antivirus/malware, virtualization security, Data Loss Prevention (DLP), Security Information and
Event Management (SIEM), application whitelisting, Unified Threat Management (UTM), update and patch management and database activity monitoring; by type of
verticals: power, energy and utilities, transportation systems, chemical and manufacturing and other critical infrastructures; by regions: North America
(NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA) and Latin America (LA).
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Increasing terrorist attacks, rise in the sophisticated cyber and network security threats and increasing government pressure for regulatory policies and
security compliances are playing a major role in shaping the future of the ICS security market. Even though there are security measures being implemented to
protect the control systems and automation solutions, but there is no single comprehensive solution for providing fool-proof network security to these
networks. The control system solutions that are currently implemented are in obsolete and are not prepared to counter the target specific cyber attacks.
Major Tier1 companies are now providing embedded control system solutions along with security solutions and are getting into this escalating market for ICS
The major forces driving this market are the increased threat of cyber attacks across energy and power sector, government pressure and security compliance
and regulations, threats from terrorist attacks and cyber attacks, lack in comprehensive solutions for ICS security and insider threats. Companies providing
cyber security solutions are looking forward to gain a better competitive advantage in this growing market, thereby creating comprehensive security solutions
and integrated security management platforms for the industries and critical infrastructures.
The global ICS security market is estimated to be $7.02 billion in 2013 and is expected to grow to $10.33 billion in 2018. This represents an estimated
Compound Annual Growth Rate (CAGR) of 8.0% from 2013 to 2018. . In the current scenario, the power, energy and utilities vertical security continues to be
the largest segment, in terms of spending and adoption, for ICS security solutions. This is followed by commercial, communication systems and manufacturing
industry ICS security solutions. In terms of regions, North America is expected to be the biggest market on the basis spending and adoption for ICS security
solutions. MarketsandMarkets further expects that the increasing energy markets in the developing economies and increased deployment of ICS infrastructure
will further enhance the growth of the market.
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