Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The Global Critical Infrastructure Protection market spurring the market growth in the wake of securing cyberspace and improved economy
The global critical infrastructure protection market has the potential to grow with USD 98.28 billion with historical CAGR in the forecast period from 2020-2027. The rapid development and popularization of information coupled with government rules and regulations related to emerging security threats in the economy are driving the demand for the global significant infrastructure protection market.
Regardless of the organization's size, threat exposure, and network security complexity, it is necessary to follow a continuously controllable method to achieve security. Threat pressure from outside and inside continues to escalate, organizations responsible for critical infrastructure need to adopt a consistent and reusable approach to discover, assess, and manage cybersecurity risks.
Moreover, in recent years, there have been many cyberattacks against industrial control systems at home and abroad, and the means of attack have become more specialized, organized, and precise. Therefore, the new generation of information technology deeply integrated with the manufacturing industry, and the Industrial Internet has become outstanding support to promote the manufacturing industry to develop intelligently. Thus, it helps in improving the global critical infrastructure protection market.
Security Type overview in the Global Critical Infrastructure Protection Market
Based on the security type, the global critical infrastructure protection market categorized into Operational Technology, Information Technology. The operation technology segment accounted for the largest share in the global significant infrastructure protection market. It is mainly due to the adoption of SCADA in various enterprises to reduce the risk of cyberspace and improves its functions and operations and control the security system of the companies.
Service overview in the Global Critical Infrastructure Protection Market
Based on the service, the global critical infrastructure protection market segmented into Consulting Services, Managed Services, Risk Management Services, Training & Support Services. The risk management service segment expected to generate the most significant revenue during the critical infrastructure protection forecast period. The adoption of risk management services in private and government companies help in maintaining security and keeping the data safe and secure. Moreover, it provides various solutions such as security risk, infrastructure risk, and financial, which provide the optimum solution to reduce the chances of cyberattacks.
Application overview in the Global Critical Infrastructure Protection Market
Based on the application, the global critical infrastructure protection market classified into BFSI, Energy & Power, Government & Defense, IT & Telecom, Transportation, Others. The transportation segment accounts for the largest share in the global critical infrastructure protection market and will continue to grow in the forecast period from 2020-2027. With the penetration of the internet and smartphones, the transportation facilities have improved, and transportation of essential goods like medicines, food, and others are getting smoother. Thus, to enhance the function and structure of the enterprises, critical infrastructure protection is necessary to overcome uncertainty and to improve the security of data.
Region overview in the Global Critical Infrastructure Protection Market
Based on geography, the global critical infrastructure protection market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific region dominates the market for the global critical infrastructure protection market. It is mainly due to the adoption of new technology and saving software solutions that help in protecting data and enhancing the functions and operations. Thus, the critical infrastructure protection platform is driving the market share in the Asia Pacific market.
Global Critical Infrastructure Protection Market: Competitive Landscape
Companies such as Airbus, Booz Allen Hamilton Inc., DXC Technology Company, Intel Corporation, IBM Corporation, Lockheed Martin Corporation, Leonardo SpA, Northrop Grumman Corporation, TRL Technology Ltd and others are key players in the global critical infrastructure protection market.