Information Technology
Industrial Cybersecurity Market worth $135.11 billion by 2029 - Exclusive Report by MarketsandMarkets™
It is anticipated that network security will dominate the market for industrial cybersecurity throughout the forecast period since it serves as the grounding for protecting linked systems from external threats. When AI and IoT are introduced into enterprises, their networks are threatened by intrusions, which underlines the need to manage data flow between devices and systems. As industrial networks become increasingly complex, companies focus on enhancing network security to safeguard their operations, maintain information integrity, and ensure organizational resilience when facing new and growing threat risks.
In the industrial cybersecurity market by deployment type, the cloud segment is expected to have the highest CAGR as more firms achieve cloud adoption for their solutions than on-premises due to factors such as flexibility and cost of acquiring infrastructure. While organizations implement digital strategies and distributed work, cloud security remains an important issue. One of the major reasons that cloud security is rapidly growing is that more important data and critical operations have started storing in the cloud services.
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=37646764
North America is anticipated to have the largest share in the industrial cybersecurity industry because of its early adaptation of modern technologies as well as its strong industrial environment. The presence of major industrial cybersecurity players coupled with legal frameworks that put pressure on firms to adopt enhanced security measures are driving the market growth. Furthermore, the increasing trend of cyber threats towards critical infrastructure, such as energy and manufacturing sectors is forcing organizations in North America to embrace more advanced and superior cybersecurity solutions, making the region a leader in the market.
The key companies offering industrial cybersecurity companies include Microsoft (US), IBM (US), Palo Alto Networks (US), ABB ( Switzerland ), Siemens ( Germany ), Schneider Electric ( France ), Rockwell Automation (US), Honeywell International Inc. (US), Fortinet, Inc. (US), and Musarubra US LLC (Trellix) (US).
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=37646764
Semiconductor and Electronics Market Research Reports &Consulting
Industrial IoT Market Size, Share & Industry Trends Growth Analysis Report by Offering (Hardware (Processors, Connectivity ICs, Sensors, Memory Devices, Logic Devices), Software (PLM, MES, SCADA, OMS), Platforms), Connectivity Technology, Deployment, Vertical and Region - Global Forecast to 2029
Industrial Communication Market Size, Share & Industry Trends Analysis Report by Components (Switches, Gateways, Power Supply Devices, Router & WAP, Communication Interface & Protocol Converters, Controllers), Software, Services, Communication Protocol, Vertical and Region - Global Forecast to 2028
MarketsandMarkets™ has been recognized as one of , as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/industrial-cybersecurity-market.asp
Content Source:
https://www.marketsandmarkets.com/PressReleases/industrial-cybersecurity.asp
View original content: https://www.prnewswire.co.uk/news-releases/industrial-cybersecurity-market-worth-135-11-billion-by-2029---exclusive-report-by-marketsandmarkets-302284150.html