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The Global Critical Infrastructure Protection Market was valued at USD 107.70 billion in 2016 and is projected to reach USD 198.2 billion by 2025, growing at a CAGR of 7.01% from 2017 to 2025.
Critical infrastructure protection is the area of concern surrounding the protection of systems, networks and assets whose continuous operation is deemed necessary to ensure the security of a given nation, its economy, and the publicâ€™s health and/or safety. Steps included in critical infrastructure protection cycle include - analysis and assessment, remediation, indications and warnings, mitigation, incident response, and reconstitution.
1. Market Drivers
1.1 Increasing adoption of cloud in CIP
1.2 Emerging IoT technologies
1.3 Growing security breaches and cyber attacks
1.4 Increasing threats to physical systems and insider attacks
1.5 Growing investments in smart grid technology
1.6 Implementation of BYOD policy
2. Market Restraints
2.1 Complex IT infrastructure
2.2 Integration issues between critical infrastructure protection solutions
2.3 Growing use of biometrics
The Global Critical Infrastructure Protection Market is segmented on the security technology, services, application, and region.
1. By Security Technology:
1.1 Vehicle identification management
1.2 Network security
1.3 Radars, Building management systems
1.4 Physical security
1.7 Radiological and Nuclear Defense
1.8 Supervisory Control And Data Acquisition security
1.9 Secure communication
2. By Services:
2.1 Managed services
2.2 Risk management services
2.3 Maintenance and support services
2.4 Consulting services
3. By Application:
3.1 Transportation systems
3.1.1 Highways and bridges
3.1.4 Railway infrastructures
3.2 Energy and power
3.2.1 Oil and gas
3.2.2 Power grids
3.2.3 Power generation
3.3 Sensitive infrastructures and enterprises
3.3.1 Chemical and manufacturing
3.3.2 Stadiums, holy places, and public places
3.3.3 Communication systems
3.3.4 Banking, Financial Services, and Insurance (BFSI)
3.3.5 Government facilities and defense establishments
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
2. Lockheed Martin
4. Bae Systems
5. General Dynamics
6. Hexagon AB
7. MotoRoLA Solutions
8. Johnson Controls.
9. Northrop Grumman
10. Thales Group
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Critical Infrastructure Protection Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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