PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1718903
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1718903
The operational technology (OT) security market is projected to grow from USD 23.47 billion in 2025 to USD 50.29 billion by 2030 at a CAGR of 16.5% during the forecast period. Growing regulatory pressure is a major driver of the OT security market, as governments and industry bodies enforce stricter cybersecurity mandates to protect critical infrastructure. Regulations such as the NIS2 Directive in the EU, the US Cybersecurity Executive Order, and standards from bodies like NIST and IEC require organizations in sectors like energy, manufacturing, and transportation to implement robust OT security measures. Compliance with these regulations is pushing enterprises to invest in advanced solutions to secure their operational environments.
Scope of the Report | |
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Years Considered for the Study | 2019-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | USD (Billion) |
Segments | By Offering, Deployment Mode, Organization Size, Vertical, and Region. |
Regions covered | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
"By vertical, the energy & power segment is projected to register the highest CAGR during the forecast period"
The energy & power sector is projected to register the highest CAGR in the OT security market due to its critical role and growing exposure to cyber threats. Increasing adoption of smart grids and digital systems raises the risk of attacks. For example, a recent ransomware attack on the interlinked power utility systems of Telangana and Andhra Pradesh in India led to a complete shutdown, highlighting the urgent need for robust OT cybersecurity in this sector.
"By region, North America is estimated to account for the largest market share in 2025"
North America accounts for a larger share of the OT security market due to the high adoption of advanced technologies, increased cyber threat awareness, and stringent regulatory requirements. The region's industrial sectors, including energy, manufacturing, and transportation, are heavily investing in OT security to protect critical infrastructure. Additionally, the presence of key market players such as Fortinet, Cisco, and Trellix and continuous innovation in cybersecurity solutions further contribute to North America's dominant position in the global OT security market.
Breakdown of primaries
The key players in the OT security market include Fortinet (US), Forcepoint (US), Cisco (US), Tenable (US), Forescout (US), Check Point (Israel), Broadcom (US), Trellix (US), Microsoft (US), Okta (US), Palo Alto Networks (US), Tosibox (Finland), Zscaler (US), Rapid7 (US), and others.
The study includes an in-depth competitive analysis of the key players in the OT security market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the OT security market and forecasts its size by Offering [Solutions (Security Information & Event Management (SIEM), Asset Discovery & Management, Network Security, Vulnerability Management, Identity & Access Management (IAM), Data Security, and Other Solutions) and Services (Consulting & Integration, Support & Maintenance, Training & Development Services, Incident Response Services, and Managed Security Services)], Deployment Mode [Cloud and On-premises], Organization Size [Large Enterprises and SMEs], Vertical [Transportation & Logistics, Manufacturing, Energy & Power, Oil & Gas, and Other Verticals], and Region [North America, Europe, Asia Pacific, Middle East & Africa, and Latin America].
The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall OT security market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.