REPORT OVERVIEW
Juniper Research's new “Industrial Endpoint Cybersecurity” report delivers an independent analysis of the landscape and future development of this important market. It provides a comprehensive study of the potential for cybersecurity solutions within industrial settings. This analysis includes the opportunities and challenges greater adoption presents, in the context of a rising number of attack surfaces, advanced threats and the challenges that security teams will face, particularly related to endpoint security within corporate networks. The research includes assessments of different types of endpoint cybersecurity, their future prospects, as well as analysis of the future trends that will drive the market, such as greater use of artificial intelligence to mitigate cyber risks to industrial control systems.
The report positions 15 vendors via the Juniper Competitor Leaderboard; delivering an invaluable resource for stakeholders seeking to understand the complex landscape of this market, and the different industrial endpoint cybersecurity solutions available.
This research reveals a comprehensive market forecast; providing extensive insights and actionable data across the below types of endpoint cybersecurity within industry, split by 8 key regions and 60 countries:
- EPP (Endpoint Protection)
- EDR (Endpoint Detection & Response)
- MDR (Managed Detection & Response)
- XDR (Extended Detection & Response)
The technologies are split across the following key metrics:
- Penetration rate of endpoint cybersecurity in terms of industrial facilities and endpoints
- Number of industrial endpoints protected by each industrial endpoint cybersecurity technology
- Total spend on industrial endpoint cybersecurity, by each technology
The research suite includes:
- Market Trends & Strategies (PDF)
- Competitor Leaderboard (PDF)
- Data & Forecasts (PDF & Excel)
- 12 Months' Access to harvest Online Data Platform
Key Market Statistics
Total Spend in 2023: | $3.8bn |
Total Spend in 2028: | $7.9bn |
2023 to 2028 Market Growth: | 105% |
KEY FEATURES
- Market Landscape & Segment Analysis: Provides an in-depth analysis of the landscape and the key trends shaping it, such as rising cyberthreats to industrial processes, the increasing transition to XDR solutions, and how AI can be leveraged for protection. It also analyses how increasing convergence between OT (Operational Technology) and IT (Information Technology) is driving growth.
- Key Takeaways & Strategic Recommendations: Key opportunities for industrial endpoint cybersecurity vendors are highlighted, and recommendations on how those providers must respond to take advantage of these. The key market trends are also analysed, making this section a must-read for cybersecurity providers and the industrial businesses needing protection.
- Benchmark Industry Forecasts: 5-year forecasts are provided for the number of industrial endpoints protected via endpoint cybersecurity solutions, as well as the total spend on these solutions. These are split by the different types of technology, including EPP, EDR, MDR and XDR. The data is also split by 8 key regions and 60 countries:
- Latin America:
- Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay
- West Europe:
- Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK
- Central & East Europe:
- Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine
- Far East & China:
- China, Hong Kong, Japan, South Korea
- Indian Subcontinent:
- Bangladesh, India, Nepal, Pakistan
- Rest of Asia Pacific:
- Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam
- Africa & Middle East:
- Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates
- Juniper Research Competitor Leaderboard: Key player capability assessment of 15 industrial endpoint cybersecurity providers, via the Juniper Research Competitor Leaderboard:
- Armis
- BlackBerry
- Check Point
- Cisco
- CrowdStrike
- CyberArk
- Cynet
- Darktrace
- Fortinet
- Palo Alto Networks
- Qualys
- SentinelOne
- Tata Communications
- Trellix
- Trend Micro
KEY QUESTIONS ANSWERED:
- 1. How is the OT/IT convergence taking shape in industrial markets?
- 2. What are the pitfalls and opportunities that implementers need to keep in mind about OT focused EPP/EDR services?
- 3. What key cybersecurity strategies should be applied for endpoint protection for connected industrial environments?
- 4. What is the total available market for EPP/EDR cybersecurity?
- 5. What are the key cybersecurity EPP/EDR service providers and how do their solutions stack up against the emerging threat horizon?
COMPANIES REFERENCED
- Included in Juniper Research Competitor Leaderboard: Armis, BlackBerry, Check Point, Cisco, CrowdStrike, CyberArk, Cynet, DarkTrace, Fortinet, Palo Alto Networks, Qualys, SentinelOne, Tata Communications, Trellix, Trend Micro.
- Mentioned: Advantech, Alibaba, Allegro MicroSystems, AT&T , Attivo Networks, Avanan, AWS, Azure, Bank of America, Barclays Capital, Booking Group, BT, Capcom, Capgemini, China Development Financial, Cisco, Citrix, Coca-Cola, Colgate-Palmolive, Cylance, Cymplify, DELL, Deutsche Telekom, DigiCenter, DocuSign, Dome9, Dragos, DXC Technology, DZ Bank, EA, E-Global, Estée Lauder, Exabeam, ForceNock, Forescout, Fujitsu, Google, HCL Technologies, Hitachi, IBM, Infosys, JP Morgan, KB Financial Group, Lead Data Technologies, LogRhythm, mCloud, Micron, Mondelez, NEC, NetFoundry, Netscope, NGFW, Nissan, NTT, Odo Security, Okta, Optiv, Orange, PepsiCo, Ping Identity, Proofpoint, Protego, Rabobank, Red Hat, Salesforce, Samsung, Scalyr, SecureWorks, Siemens, Spectral, Splunk, Takeda Pharmaceutical, Tata Communications, Thales, Turkcell, Verizon, Vixxo, VMware, Wipro, Xerox, Yokogawa, Zscaler.
DATA & INTERACTIVE FORECAST
The forecast has several key segments, giving an extensive coverage of the key technologies:
- EPP (Endpoint Protection)
- EDR (Endpoint Detection & Response)
- MDR (Managed Detection & Response)
- XDR (Extended Detection & Response)
The technologies are split across the following key metrics:
- Penetration rate of endpoint cybersecurity in terms of industrial facilities and endpoints
- Number of industrial endpoints protected by each industrial endpoint cybersecurity technology
- Total spend on industrial endpoint cybersecurity, by each technology
Geographic split: 60 countries
Number of tables: 44
Number of Datapoints: 20,000
harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform; enabling clients to better understand key data trends and manipulate charts and tables; overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and receive alerts whenever your data is updated.
Interactive Excel (IFxL): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the interactive scenario tool and compare selected markets side by side in custom charts and tables. IFxls greatly increase a client's ability to both understand a particular market and to integrate their own views into the model.
FORECAST SUMMARY
- Endpoint cybersecurity systems will secure 210 million industrial endpoints by 2028, driven by critical infrastructure threats. This will represent growth of 107% over the next five years.
- The rise of interconnected processes within the Industry 4.0 revolution as increasingly exposing critical industrial infrastructure to external threats, requiring wholesale changes in how industrial stakeholders secure their operations.
- Industrial endpoint cybersecurity spend will reach $7.8 billion by 2028; rising from $3.8 billion in 2023. This rapid growth of 105% demonstrates how quickly the market is evolving, and how industrial endpoint cybersecurity is rapidly becoming a priority for cybersecurity vendors.
- As more processes become connectivity-enabled, the threat environment within industrial settings is exponentially increasing. Cybersecurity vendors must partner with key Industrial IoT vendors to better secure this problematic area.
- With the research forecasting 21% of industrial endpoints to be protected by endpoint cybersecurity services by 2028, this is ultimately a very low proportion of total industrial endpoints. As such, industrial stakeholders must move much faster to secure their critical operations, or they will face spiralling threats from nefarious actors. Boosting visibility in the industrial supply chain and optimising cloud security for critical operations will be vital to ensuring greater protection levels.