PUBLISHER: IMARC | PRODUCT CODE: 1451827
PUBLISHER: IMARC | PRODUCT CODE: 1451827
Industrial Cybersecurity Market by Component (Product, Solutions and Services), Security Type (Network Security, Cloud Application Security, End-Point Security, Internet Security, and Others), Industry (Process, Discrete), and Region 2024-2032
The global industrial cybersecurity market size reached US$ 17.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 32.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032. The rising incidence of cyberattacks against critical infrastructures, growing demand for cloud-based solutions, the development of advanced cybersecurity solutions, and the utilization of artificial intelligence (AI) and machine learning (ML) techniques represent some of the key factors driving the market.
Industrial cybersecurity refers to the protection of industrial control systems (ICS) and critical assets from cyber threats. It involves implementing various security measures, such as access control, network security, endpoint protection, incident detection and response, vulnerability management, monitoring, and data security. Industrial cybersecurity is widely used to safeguard power transmission and distribution lines, manufacturing plants, automation systems, healthcare infrastructure, communication networks, defense production facilities, critical installations, and transportation systems. It ensures safe and reliable industrial operations, provides secure communication, and prevents potential disruptions, unauthorized access, data breaches, and sabotage. It also aids in mitigating vulnerabilities, ensuring appropriate security controls, protecting national security interests, and preventing industrial accidents. As a result, industrial cybersecurity finds extensive applications across the automotive, transportation, aerospace, defense, chemical, oil and gas, manufacturing, and telecommunication industries.
Industrial Cybersecurity Market Trends:
The rising incidence of cyberattacks and threats against critical infrastructures is one of the primary factors propelling the market growth. Industrial cybersecurity is widely used to safeguard various critical infrastructures, such as power grids, transportation systems, water treatment plants, and healthcare facilities, from malware, ransomware, data breaches, and sabotage attempts. Furthermore, the rapid proliferation of the Industrial Internet of Things (IIoT) devices to improve operational efficiency is facilitating the demand for robust industrial cybersecurity solutions to secure interconnected devices and enable seamless communication. Apart from this, the growing demand for cloud-based solutions, which offer several benefits, such as enhanced scalability, accessibility, security, automatic updates, disaster recovery, and real-time data processing, is favoring the market growth. Additionally, the utilization of artificial intelligence (AI) and machine learning (ML) techniques to enhance threat detection and response, identify anomalies, and automate cybersecurity measures, which aid in reducing response time and improving overall security effectiveness, is strengthening the market growth. Besides this, the adoption of blockchain technology to enhance the security of critical transactions, supply chain operations, and data sharing is positively influencing the market growth. Moreover, the implementation of strict government regulations to promote the adoption of cybersecurity solutions among industries and enhance the security of critical infrastructures important for the country's economy is supporting the market growth. Other factors, including rapid digitalization activities, increasing investment in the development of advanced cybersecurity solutions, and growing awareness regarding the adverse effects of cyber threats, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global industrial cybersecurity market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on component, security type, and industry.
Component Insights:
Product
Solutions and Services
The report has provided a detailed breakup and analysis of the industrial cybersecurity market based on the component. This includes product and solutions and services. According to the report, product represented the largest segment.
Security Type Insights:
Network Security
Cloud Application Security
End-Point Security
Internet Security
Others
A detailed breakup and analysis of the industrial cybersecurity market based on the security type has also been provided in the report. This includes network, cloud application, end-point, internet, and other security. According to the report, network security accounted for the largest market share.
Industry Insights:
Process
Oil and Gas
Chemical
Food and Beverages
Energy and Power
Others
Discrete
Automotive
Electronics
Heavy Manufacturing
Packaging
Others
A detailed breakup and analysis of the industrial cybersecurity market based on the industry has also been provided in the report. This includes process (oil and gas, chemical, food and beverages, energy and power, and others) and discrete (automotive, electronics, heavy manufacturing, packaging, and others). According to the report, process accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for industrial cybersecurity. Some of the factors driving the North America industrial cybersecurity market included increasing incidences of cyberattacks, implementation of strict government regulations, and rapid technological advancements.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global industrial cybersecurity market. Detailed profiles of all major companies have been provided. Some of the companies covered include ABB Ltd., AO Kaspersky Lab, Check Point Software Technologies Ltd., Cisco Systems Inc., Dell Technologies Inc., Honeywell International Inc., International Business Machines Corporation, OPSWAT Inc., Proofpoint Inc., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global industrial cybersecurity market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global industrial cybersecurity market?
- What is the impact of each driver, restraint, and opportunity on the global industrial cybersecurity market?
- What are the key regional markets?
- Which countries represent the most attractive industrial cybersecurity market?
- What is the breakup of the market based on the component?
- Which is the most attractive component in the industrial cybersecurity market?
- What is the breakup of the market based on the security type?
- Which is the most attractive security type in the industrial cybersecurity market?
- What is the breakup of the market based on industry?
- Which is the most attractive industry in the industrial cybersecurity market?
- What is the competitive structure of the global industrial cybersecurity market?
- Who are the key players/companies in the global industrial cybersecurity market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Industrial Cybersecurity Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Product
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Solutions and Services
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Security Type
- 7.1 Network Security
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cloud Application Security
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 End-point Security
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Internet Security
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Industry
- 8.1 Process
- 8.1.1 Market Trends
- 8.1.2 Major Types
- 8.1.2.1 Oil and Gas
- 8.1.2.2 Chemical
- 8.1.2.3 Food and Beverages
- 8.1.2.4 Energy and Power
- 8.1.2.5 Others
- 8.1.3 Market Forecast
- 8.2 Discrete
- 8.2.1 Market Trends
- 8.2.2 Major Types
- 8.2.2.1 Automotive
- 8.2.2.2 Electronics
- 8.2.2.3 Heavy Manufacturing
- 8.2.2.4 Packaging
- 8.2.2.5 Others
- 8.2.3 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 ABB Ltd.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 AO Kaspersky Lab
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Check Point Software Technologies Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Cisco Systems Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Dell Technologies Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Honeywell International Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 International Business Machines Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 OPSWAT Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Proofpoint Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Rockwell Automation Inc.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Schneider Electric SE
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Siemens AG
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 ABB Ltd.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Industrial Cybersecurity Market: Major Drivers and Challenges
- Figure 2: Global: Industrial Cybersecurity Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Industrial Cybersecurity Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Industrial Cybersecurity Market: Breakup by Component (in %), 2023
- Figure 5: Global: Industrial Cybersecurity Market: Breakup by Security Type (in %), 2023
- Figure 6: Global: Industrial Cybersecurity Market: Breakup by Industry (in %), 2023
- Figure 7: Global: Industrial Cybersecurity Market: Breakup by Region (in %), 2023
- Figure 8: Global: Industrial Cybersecurity (Product) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Industrial Cybersecurity (Product) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Industrial Cybersecurity (Software and Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Industrial Cybersecurity (Software and Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Industrial Cybersecurity (Network Security) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Industrial Cybersecurity (Network Security) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Industrial Cybersecurity (Cloud Application Security) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Industrial Cybersecurity (Cloud Application Security) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Industrial Cybersecurity (End-point Security) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Industrial Cybersecurity (End-point Security) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Industrial Cybersecurity (Internet Security) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Industrial Cybersecurity (Internet Security) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Industrial Cybersecurity (Other Security Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Industrial Cybersecurity (Other Security Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Industrial Cybersecurity (Process) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Industrial Cybersecurity (Process) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Industrial Cybersecurity (Discrete) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Industrial Cybersecurity (Discrete) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: North America: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: North America: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: United States: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: United States: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Canada: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Canada: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Asia-Pacific: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Asia-Pacific: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: China: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: China: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Japan: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Japan: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: India: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: India: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: South Korea: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: South Korea: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Australia: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Australia: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Indonesia: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Indonesia: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Others: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Others: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Europe: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Europe: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Germany: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Germany: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: France: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: France: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: United Kingdom: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: United Kingdom: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Italy: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Italy: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Spain: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Spain: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Russia: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Russia: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Others: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Others: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Latin America: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Latin America: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Brazil: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Brazil: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Mexico: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Mexico: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Others: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Others: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Middle East and Africa: Industrial Cybersecurity Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Middle East and Africa: Industrial Cybersecurity Market: Breakup by Country (in %), 2023
- Figure 74: Middle East and Africa: Industrial Cybersecurity Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Global: Industrial Cybersecurity Industry: Drivers, Restraints, and Opportunities
- Figure 76: Global: Industrial Cybersecurity Industry: Value Chain Analysis
- Figure 77: Global: Industrial Cybersecurity Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Industrial Cybersecurity Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Industrial Cybersecurity Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 3: Global: Industrial Cybersecurity Market Forecast: Breakup by Security Type (in Million US$), 2024-2032
- Table 4: Global: Industrial Cybersecurity Market Forecast: Breakup by Industry (in Million US$), 2024-2032
- Table 5: Global: Industrial Cybersecurity Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Industrial Cybersecurity Market: Competitive Structure
- Table 7: Global: Industrial Cybersecurity Market: Key Players
