The latest research report by Emergen Research, named ‘Global Industrial Control Systems Security Market - Forecast to 2027’, entails a comprehensive review of the global Industrial Control Systems Security market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
The global Industrial Control Systems Security Market is forecasted to be worth USD 25.12 Billion by 2027, according to a current analysis by Emergen Research. The industrial control system security market is expected to grow substantially over the forecast period owing to the rising cyber threats like Night Dragon Operation and Stuxnet in various industries.
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Key Highlights From The Report
- In October 2019, In order to enhance industrial control systems security to prevent cyber-attack, ABB Inc. had collaborated with IT firms like Microsoft, Check Point Software, Israel-SCADAfence, and Fortinet. With this collaboration, ABB Inc. will enhance the quality of its systems shortly.
- Owing to significant benefits such as enhanced security controls, improved cybersecurity, vulnerability prevention, enhanced monitoring, quick and simple implementation, effective integration with networks, the endpoint security segment held the largest market with a share of 32.7% in 2019 in the industrial control systems security market.
- The consultancy and integration segment is anticipated to dominate the market over the forecast period owing to benefits such as improved efficiency, centralized, safe storage, easy operation, time and cost-efficiency, real-time connectivity, and transparency.
Regional Overview:
- The global Industrial Control Systems Security market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Industrial Control Systems Security market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key Questions Answered in the Report:
- What is the growth rate of the Industrial Control Systems Security market? What is the anticipated market valuation of Industrial Control Systems Security industry by 2027?
- What are the key growth driving and restraining factors of the Industrial Control Systems Security market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Industrial Control Systems Security industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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