Market Research Report
Critical Infrastructure Protection Market 2020-2026
|Published by||Orion Market Research Pvt Ltd||Product code||962367|
Delivery time: 2-3 business days
|Critical Infrastructure Protection Market 2020-2026|
|Published: August 13, 2020||Content info:||
Global Critical Infrastructure Protection Market Size, Share & Trends Analysis Report by Security Technology (Physical Security, Network Security, Others) by Service (Risk Management Services, Designing, Integration, and Consultation, Managed Services, Maintenance, and Support) Forecast Period (2020-2026)
The global critical infrastructure protection market is projected to witness considerable growth during the forecast period. The high adoption of critical infrastructure protection solutions by the consumers to safeguard themselves from the cyber threat of terrorist attacks is a key factor contributing towards the growth of the global critical infrastructure protection (CIP) market. The growth of the critical infrastructure protection market can be slowdown due to reasons such as economic slowdown, high cost, reliability & privacy concerns and increasing incidences of false alarm rates.
The global critical infrastructure protection market is classified on the basis of security technology and service. Based on security technology, the market is segmented into physical security, network security, and others. Based on service, the market is segmented into risk management services, designing, integration, and consultation, managed services, and maintenance and support. The increasing adoption of risk management approaches by several governments is anticipated to offer considerable growth to the market segment.
Geographically, the global critical infrastructure protection market is classified into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to hold major market share during the forecast period. The presence of cohesive government policies and programs such as the Homeland Security Presidential Directive (HSPD-7) and the National Infrastructure Protection Programme (NIPP) is the key factor contributing towards the high market share in the region.
The major players operating in the global critical infrastructure protection market include BAE Systems PLC, Honeywell International Inc., United Technology Corp., Airbus SE, General Electric Co., Bosch Security Systems Inc., Lockheed Martin Corp., Puretech Systems, Schneider Electric SE, Senstar Inc., and so on. These players are actively adopting different growth strategies such as partnerships, collaboration, and mergers & acquisitions, geographical expansion among others to sustain their market place in the highly competitive market. A new product is a key strategy to remain competitive in the global market. For instance, in December 2019, Schneider Electric SE had launched Galaxy VS UPS for critical infrastructure applications.
The market study of the global critical infrastructure protection market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
The Report covers: