The global critical infrastructure protection market size reached US$ 137.8 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 169.4 Billion by 2028, exhibiting a growth rate (CAGR) of 3.6% during 2023-2028.
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.
2. What is the expected growth rate of the global critical infrastructure protection market during 2023-2028?
3. What is the impact of COVID-19 on the global critical infrastructure protection market?
4. What are the key factors driving the global critical infrastructure protection market?
5. What is the breakup of the global critical infrastructure protection market based on the component?
6. What is the breakup of global critical infrastructure protection market based on the end user?
7. What are the key regions in the global critical infrastructure protection market?
8. Who are the key players/companies in the global critical infrastructure protection market?
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 Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the global critical infrastructure protection market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component and end user.Breakup by Component:
- Solutions
- Physical Security Solutions
- Physical Identity and Access Control Systems
- Perimeter Intrusion Detection Systems
- Video Surveillance Systems
- Screening and Scanning
- Others
- Cyber Security Solutions
- Encryption
- Network Access Control and Firewall
- Threat Intelligence
- Others
- Services
- Designing and Integration Services
- Consultation Services
- Risk Management Services
- Maintenance and Support Services
Breakup by End User:
- Financial Institutions
- Government
- Defense
- Transport and Logistics
- Energy and Power
- Commercial Sector
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined with some of the key players being BAE Systems PLC, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International Inc., Airbus SE, Hexagon AB, Waterfall Security Solutions, General Electric Company, McAfee Inc. (TPG Capital and Intel Corporation) and Raytheon Company (United Technologies Corporation).Key Questions Answered in This Report
1. What was the size of the global critical infrastructure protection market in 2022?2. What is the expected growth rate of the global critical infrastructure protection market during 2023-2028?
3. What is the impact of COVID-19 on the global critical infrastructure protection market?
4. What are the key factors driving the global critical infrastructure protection market?
5. What is the breakup of the global critical infrastructure protection market based on the component?
6. What is the breakup of global critical infrastructure protection market based on the end user?
7. What are the key regions in the global critical infrastructure protection market?
8. Who are the key players/companies in the global critical infrastructure protection market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Critical Infrastructure Protection Market
6 Market Breakup by Component
7 Market Breakup by End User
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- BAE Systems PLC
- Lockheed Martin Corporation
- General Dynamics Corporation
- Northrop Grumman Corporation
- Honeywell International Inc.
- Airbus SE
- Hexagon AB
- Waterfall Security Solutions
- General Electric Company
- McAfee Inc. (TPG Capital
- Intel Corporation) and Raytheon Company (United Technologies Corporation)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 147 |
| Published | October 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 137.8 Billion |
| Forecasted Market Value ( USD | $ 169.4 Billion |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
