Critical Infrastructure Protection Market – Overview
The Global Critical Infrastructure Protection Market is growing with the rapid pace; mainly due to the increasing cyber-attacks in different industry verticals. According to a recent study report published by the Market Research Future, the global market of critical infrastructure protection is growing rapidly and expected to gain prominence over the forecast period.
Critical Infrastructure Protection market is growing at a rapid pace owing to the increasing security breaches in different industry verticals. The rising awareness about critical infrastructure protection for enhanced security is driving the growth of Critical Infrastructure Protection market. Apart from it, the increasing investments by major economies in smart grid technologies is also driving the critical infrastructure protection market. However, the high lack of interoperability between security systems is the major restraining factor for the augmented reality market. Moreover, the complexity in deploying security infrastructure and lack of awareness are the other factors restraining the critical infrastructure protection market growth.
BAE Systems (UK), General Dynamics Corporation (US), Honeywell International Inc. (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Company (US), Airbus Group SE (Netherlands), Hexagon AB (Sweden), Johnson Controls International PLC (Republic of Ireland), Thales Group (France), Teltronic S.A. (Spain), OptaSense (UK), Motorola Solutions, Inc. (US), Huawei Technologies IBMCo., Ltd. (China), Axis Communications AB (U.S.), Robert Bosch (Germany), IBM Corporation (U.S.), McAfee, Inc. (U.S.) and Symantec Corporation (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Critical Infrastructure Protection Market.
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Nov 2017 -. SecurityMatters and Waterfall Security Solutions partnered to protect industrial control systems from the most advanced cyber threats by integrating SecurityMatters’s SilentDefense network monitoring platform with Waterfall’s Unidirectional Security Gateways. This integration would allow industrial enterprises to continuously monitor industrial control networks, while thoroughly protecting those networks from cyber-attacks.
Apr 2018 – Raytheon Company announced an alliance with Virsec, this alliance would bring the commercial cybersecurity tools to global government and critical infrastructure customers. Raytheon and Virsec combined would protects networks by detecting deviations in software applications caused by cyber intrusions using the Raytheon’s decades of cybersecurity defense expertise and Virsec’s patented Trusted Execution™ technology.
Critical Infrastructure Protection Market – Competitive Analysis
The Market of Critical Infrastructure Protection appears to be highly competitive. To maintain their market position and to drive the Critical Infrastructure Protection market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. The government funding to support the critical infrastructure protection especially in North America.
Critical Infrastructure Protection Market – Segmentation
Segmentation by technology: Comprises Network Security, Cyber security
Segmentation by service: Comprises consulting services, managed services, risk management service and maintenance & support services
Segmentation by end-user: Comprises Transportation system, Energy & Power, sensitive infrastructures & enterprise among others
Segmentation by Regions: North America, Europe, Asia Pacific and Rest of the world
Critical Infrastructure Protection Market – Regional Analysis
North-America is dominating the Global Critical Infrastructure Protection Market with the largest market share due to the increasing government initiatives towards critical infrastructure protection in North America region. Critical Infrastructure Protection market in Asia-Pacific region is expected to grow at a substantial CAGR during 2017 to 2023 due high investments in smart grid technologies. The European market for critical infrastructure protection market is expected to grow at a considerable CAGR (2017-2023).
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