Market Research Report
Europe Critical Infrastructure Protection Market Forecast 2021-2028
|Published by||Inkwood Research||Product code||980895|
|Published||Content info||132 Pages
Delivery time: 2-3 business days
|Europe Critical Infrastructure Protection Market Forecast 2021-2028|
|Published: January 11, 2021||Content info: 132 Pages||
The Europe critical infrastructure protection market is anticipated to grow with a CAGR of 6.51%, during the forecast years of 2021 to 2028. Favorable energy policies and regulations, the growing awareness regarding cybersecurity threats, the growing demand for critical infrastructure protection, and rising investments within the transportation sector, are associated with the region's market growth.
The Europe critical infrastructure protection market growth is assessed through the analysis of Belgium, Russia, Poland, the United Kingdom, Italy, Germany, France, and the rest of Europe. The Belgian Federal Police, in 2019, reported more than 32,000 cyber-criminality cases, representing a significant increase, compared to the previous year. Cyber-crime refers to crimes committed through an online network or a computer system. As a result, the fairly new form of criminality is different than conventional crime and happens within a virtual territory. The globalization of network access and the democratization of software access have further led to the development of cyber-attacks, across Poland.
On the other hand, Russia's power supply networks are exposed to several threats, owing to its relationship with the United States. However, the majority of the country's energy grid systems are manually controlled, thereby making it challenging to breach. In 2020, SentinelOne highlighted its report on Russia enabling Ukraine's critical infrastructure as a testing base for the country's cyber warfare tools. These tools are primarily intended for applications within Ukraine's law enforcement information technology infrastructure and military. Hence, these factors are likely to propel Europe's critical infrastructure protection market growth, over the forecast years.
Some of the distinguished companies operating in the market include, BAE Systems PLC, Airbus SE, Hexagon AB, Waterfall Security Solutions Ltd, etc.