DUBLIN, October 22, 2021--(BUSINESS WIRE)--The "Critical Infrastructure Protection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global critical infrastructure protection market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of 3.5% during 2021-2026.
BAE Systems PLC
Lockheed Martin Corporation
General Dynamics Corporation
Northrop Grumman Corporation
Honeywell International Inc.
Waterfall Security Solutions
General Electric Company
McAfee Inc. (TPG Capital and Intel Corporation)
Raytheon Company (United Technologies Corporation)
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Critical infrastructure protection (CIP) refers to a security solution used for safeguarding systems, assets and networks from potential threats. It consists of various solutions, such as firewalls, identity and access management, risk and compliance management, antiviruses, intrusion detection systems and encryption systems. These systems protect information related to power grids, railways, nuclear plants and hydro plants from cyberattacks that can threaten public safety, attack national security or cause environmental disasters. CIP solutions also use wireless technology, industrial control systems (ICS), operation technology (OT) and Supervisory Control and Data Acquisition (SCADA) systems to expose additional security vulnerabilities.
The increasing instances of security breaches and cyber-attacks that pose a threat to infrastructural development across the globe are among the key factors driving the growth of the market. The rising concerns for the security and safety of government information and the increasing trend of Bring-Your-Own-Devices (BYOD) across industries have enhanced the requirement for CIP systems. The rapidly expanding internet and interconnected network architecture have influenced federal and security organizations to safeguard cyberspace and minimize threat vulnerabilities. Additionally, various technological advancements, such as the advent of the Internet of Things (IoT), big data, cloud computing and artificial intelligence (AI) solutions, are acting as other growth-inducing factors. They offer scalable and cost-effective data security solutions, owing to which CIP solutions are widely being deployed. Other factors, including improvements in the information technology (IT) infrastructure, along with the increasing adoption of risk management services, are projected to drive the market further.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Critical Infrastructure Protection Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
7 Market Breakup by End-user
8 Market Breakup by Region
9 SWOT Analysis
10 Value Chain Analysis
11 Porters Five Forces Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/vnxh0l
View source version on businesswire.com: https://www.businesswire.com/news/home/20211022005336/en/
Laura Wood, Senior Press Manager
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