Industrial Cyber Security: The Next Big Thing in Tech?

When it comes to industrial cyber security, the stakes are high. A successful attack could result in the loss of life, significant damage to infrastructure, and a major disruption to the economy. That’s why it’s so important for companies to take steps to protect their systems from attack. There are a number of ways to do this, but one of the most important is to ensure that all software and firmware is up-to-date. Attackers are constantly finding new ways to exploit vulnerabilities, so it’s crucial that companies keep their systems patched. Another key element of industrial cyber security is segregation. separating critical systems from less critical ones can help limit the damage if an attacker does gain access to a company’s network.

The global pandemic that struck the economy in 2020 has caused unprecedented turmoil and disruption for people and businesses around the globe. The pandemic led to closures of workplaces and restrictions on travel. It also created the option of working from home for nearly all employees. This has made it difficult for businesses to continue to function. It is assumed that the market for industrial cyber security has experienced low growth during the first three quarters of FY 2020-21. This was followed by steady growth during the fourth quarter of FY 2020-21. The most realistic scenario is that the industrial cybersecurity market will grow at a CAGR rate of 11.6%.. Due to the COVID-19 pandemic, the market will see a single-digit increase in FY 20-21.

Industrial Cyber Security Market Expected to Grow

The industrial cyber security market is expected to grow in the coming years as more and more companies invest in protecting their data and systems. This growth is being driven by the increasing number of cyber attacks on industries, the growing awareness of the importance of cyber security, and the implementation of new regulations.

The industrial cyber security market is segmented by type, application, and geography. By type, the market is divided into network security, application security, endpoint security, and SCADA security. By application, the market is classified into critical infrastructure protection, process automation security, network security, and others. Geographically, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Here is List of BEST KEY PLAYERS Listed in Industrial Cyber Security Market Report are:

IBM (US)
Honeywell (US)
ABB (Switzerland)
Cisco (US)
Schneider (France)
Rockwell (US)
Dell (US)
McAfee (US)
Symantec (US)
Kaspersky Lab (Russia)

Scope of the report @ https://market.us/report/industrial-cyber-security-market/request-sample/

Industrial Cyber Security Market Segmentation:

Industrial Cyber Security Market is segmented in various types and applications according to product type and category. In terms of Value and Volume the growth of market calculated by providing CAGR for forecast period for year 2022 to 2032.

Most Important Types of Industrial Cyber Security Market are covered in this Report:

Network Security

Application Security

Endpoint Security

Wireless Security

Cloud Security

Others

Industrial Cyber Security Market Product Applications:

Power

Energy & Utilities

Transportation Systems

Chemical and Manufacturing