Market Research Report
Critical Infrastructure Protection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||960462|
|Published||Content info||105 Pages
Delivery time: 2-3 business days
|Critical Infrastructure Protection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: September 3, 2020||Content info: 105 Pages||
The global critical infrastructure protection market is currently witnessing strong growth. Critical infrastructure protection (CIP) refers to a security solution used for safeguarding systems, assets and networks from potential threats. It consists of various solutions, such as firewalls, identity and access management, risk and compliance management, antiviruses, intrusion detection systems and encryption systems. These systems protect information related to power grids, railways, nuclear plants and hydro plants from cyberattacks that can threaten public safety, attack national security or cause environmental disasters. CIP solutions also use wireless technology, industrial control systems (ICS), operation technology (OT) and Supervisory Control and Data Acquisition (SCADA) systems to expose additional security vulnerabilities.
The increasing instances of security breaches and cyber-attacks that pose a threat to infrastructural development across the globe are among the key factors driving the growth of the market. The rising concerns for the security and safety of government information and the increasing trend of Bring-Your-Own-Devices (BYOD) across industries have enhanced the requirement for CIP systems. The rapidly expanding internet and interconnected network architecture have influenced federal and security organizations to safeguard cyberspace and minimize threat vulnerabilities. Additionally, various technological advancements, such as the advent of the Internet of Things (IoT), big data, cloud computing and artificial intelligence (AI) solutions, are acting as other growth-inducing factors. They offer scalable and cost-effective data security solutions, owing to which CIP solutions are widely being deployed. Other factors, including improvements in the information technology (IT) infrastructure, along with the increasing adoption of risk management services, are projected to drive the market further. Looking forward, IMARC Group expects the global critical infrastructure protection market to continue its strong growth during the next five years.