Industrial Cybersecurity Market by Component, Security Layer, Deployment, End-User Industry

List of Tables

The Industrial Cybersecurity Market is projected to reach USD 28.99 billion by 2030 from USD 17.05 billion in 2022, at a CAGR of 6.85% during the forecast period.

Global Industrial Cybersecurity Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 17.05 billion
Estimated Year Value [2023]	USD 18.14 billion
Forecast Year Value [2030]	USD 28.99 billion
CAGR (%)	6.85%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Industrial Cybersecurity Market.

Based on Component, market is studied across Hardware, Services, and Software Solutions. The Hardware is projected to witness significant market share during forecast period.

Based on Security Layer, market is studied across Application Security, Cloud Security, Endpoint Security, Network Security, and Wireless Security. The Network Security is projected to witness significant market share during forecast period.

Based on Deployment, market is studied across Cloud and On-premise. The On-premise is projected to witness significant market share during forecast period.

Based on End-User Industry, market is studied across Chemical & Manufacturing, Energy & Utilities, and Transportation System. The Transportation System is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.22% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Industrial Cybersecurity Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Industrial Cybersecurity Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Industrial Cybersecurity Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Alstom S.A., Amazon Web Services, Inc., Armis Inc., Baker Hughes Company, Incorporated, Bechtel Corporation, Broadcom Inc., Cisco Systems, Inc., Claroty Ltd., Continental AG, CyberArk Software Ltd., Dell Technologies Inc., Fortinet, Inc., Honeywell International Inc., Industrial Defender, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Palo Alto Networks, Inc., QAwerk, Rockwell Automation, Inc., Schneider Electric SE, ScienceSoft USA Corporation, Siemens AG, and Vumetric Inc..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Industrial Cybersecurity Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Industrial Cybersecurity Market?

3. What is the competitive strategic window for identifying opportunities in the Industrial Cybersecurity Market?

4. What are the latest technology trends and regulatory frameworks in the Industrial Cybersecurity Market?

5. What is the market share of the leading vendors in the Industrial Cybersecurity Market?

6. Which modes and strategic moves are suitable for entering the Industrial Cybersecurity Market?

Product Code: MRR-5A2C6AA65B3B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Industrial Cybersecurity Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising instances of security breaches and cyberattacks in industries and changing threat landscape
  - 5.1.1.2. Rapid digitalization of industrial operations with Industry 4.0 initiatives
  - 5.1.1.3. Mandated regulatory compliance requirements such as GDPR and NERC-CIP
- 5.1.2. Restraints
  - 5.1.2.1. Lack of awareness among small and medium-sized enterprises (SMEs) and limited availability of skilled workforce
- 5.1.3. Opportunities
  - 5.1.3.1. Development of AI-based industrial cybersecurity solutions for superior performance
  - 5.1.3.2. Introduction of cloud-based cybersecurity suites and products for easy deployment
- 5.1.4. Challenges
  - 5.1.4.1. Increasing complexity and vulnerability of industrial control systems and problems with threat detection
5.2. Market Segmentation Analysis
- 5.2.1. Component: Increasing development of software solutions with digitalization of industries
- 5.2.2. Security Layer: Growing investments by businesses in network security
- 5.2.3. End-User Industry: Higher potential for industrial cybersecurity in energy & utility sector
- 5.2.4. Deployment: Higher inclination towards on-Cloud deployment due to lower upfront costs
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Industrial Cybersecurity Market, by Component

6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software Solutions

7. Industrial Cybersecurity Market, by Security Layer

7.1. Introduction
7.2. Application Security
7.3. Cloud Security
7.4. Endpoint Security
7.5. Network Security
7.6. Wireless Security

8. Industrial Cybersecurity Market, by Deployment

8.1. Introduction
8.2. Cloud
8.3. On-premise

9. Industrial Cybersecurity Market, by End-User Industry

9.1. Introduction
9.2. Chemical & Manufacturing
9.3. Energy & Utilities
9.4. Transportation System

10. Americas Industrial Cybersecurity Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Industrial Cybersecurity Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Industrial Cybersecurity Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. New Product Launch & Enhancement
  - 13.3.1.1. ABB Launches Cyber Security Solution to Simplify and Improve Protection of Industrial Infrastructure
- 13.3.2. Investment & Funding
  - 13.3.2.1. Industrial Cybersecurity Leader Dragos Raises an Additional USD 74 million in Series D Round Extension Funding Led by WestCap
  - 13.3.2.2. Industrial Cybersecurity Innovator Opscura Receives USD 9.4 million in Series A Funding as Critical Operations Transform

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. ABB Ltd.
- 14.1.2. Alstom S.A.
- 14.1.3. Amazon Web Services, Inc.
- 14.1.4. Armis Inc.
- 14.1.5. Baker Hughes Company, Incorporated
- 14.1.6. Bechtel Corporation
- 14.1.7. Broadcom Inc.
- 14.1.8. Cisco Systems, Inc.
- 14.1.9. Claroty Ltd.
- 14.1.10. Continental AG
- 14.1.11. CyberArk Software Ltd.
- 14.1.12. Dell Technologies Inc.
- 14.1.13. Fortinet, Inc.
- 14.1.14. Honeywell International Inc.
- 14.1.15. Industrial Defender
- 14.1.16. International Business Machines Corporation
- 14.1.17. Microsoft Corporation
- 14.1.18. Oracle Corporation
- 14.1.19. Palo Alto Networks, Inc.
- 14.1.20. QAwerk
- 14.1.21. Rockwell Automation, Inc.
- 14.1.22. Schneider Electric SE
- 14.1.23. ScienceSoft USA Corporation
- 14.1.24. Siemens AG
- 14.1.25. Vumetric Inc.
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing