Industrial Cybersecurity Market is Projected to Expand at a Steady CAGR Over the forecast by 2031 | ABB Ltd, Cisco Systems, Schneider Electric, Rockwell Automation

According to a new market research report published by Global Insight Services " Industrial Cybersecurity Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Industrial cybersecurity is the protection of industrial control systems (ICS) and operational technology (OT) from cyber threats. ICS and OT are used in a variety of industries, including energy, water, transportation, and manufacturing. Industrial cybersecurity threats can come from a variety of sources, including nation-states, criminal organizations, and hacktivists. These threats can target ICS and OT systems directly, or they can target the networks and computers that connect these systems to the outside world.

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Top Key Players in Industrial Cybersecurity market: IBM, Honeywell International, ABB Ltd, Cisco Systems, Schneider Electric, Rockwell Automation, Dell Inc.

Key Trends

Increased use of artificial intelligence (AI) and machine learning (ML) for security purposes: AI and ML are being used more and more for industrial cybersecurity applications such as identifying and responding to threats, detecting anomalies, and managing security policies.

Key Drivers

The key drivers of industrial cybersecurity are the increasing number of cyberattacks on industrial facilities and the growing need to protect critical infrastructure from these attacks. Cyberattacks on industrial facilities can cause significant damage to equipment and operations, and can also lead to safety hazards for workers. The growing need to protect critical infrastructure from these attacks has led to the development of industrial cybersecurity solutions that can help to mitigate the risks posed by these attacks.

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Market Segments

By Type

Network Security
Endpoint Security
Application Security
Cloud Security

Reasons to buy Industrial Cybersecurity Report:

Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
Develop business and M&A strategies through understanding of latest trends and emerging players in the market
Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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Key Questions answered in the report:

How is the market structured and what the key drivers and trends of this industry?
How is the market segmented and what is the size of each segment?
Which segments and geographies provide best growth opportunities?
What's the competitive landscape and positioning of players in this market?
What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?

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