Global Industrial Cyber Security Market 2015-2019

Published: Jun 2015 Pages: 82 SKU: IRTNTR6294

Key application areas for industrial cyber security

The increased use of industrial control systems and network components in the utility and manufacturing sectors is driving the demand for cyber security. Industrial cyber security provides protection against cyber-attacks such as brute force, stuxnet, spear-phishing, and shamoon. The rise in network security threats and the emergence of advanced systems in many sectors is expected to help the market reach a CAGR of more than 14% until 2019.

The key application areas for industrial cyber-security include: -

  • Security of high volume critical data in the utility sector
  • Financial information of customers
  • Use of computers to manage the flow of oil and gas through pipelines
  • Use of energy management systems to control power grids
  • Use of communication networks such as the Ethernet, WI-FI, and Zigbee
  • Use of operational technologies such as SCADA, power line communications, energy management systems, and intelligent electronic devices

Market segmentation of the industrial cyber security market

The report considers revenues generated from the sale of the following:

  • Industrial cyber security services
  • Industrial cyber security Software
  • Industrial cyber security hardware

In 2014, the software segment accounted for the largest share of the market. One of the key factors contributing to the growth of this segment is the growing number of endpoint and network attacks on critical infrastructure sectors. As most internet service providers have a distributed architecture, a security solution positioned at the network level is not enough to limit the threat of attacks.

The hardware segment accounted for close to 20% of the market in 2014. The market share of the hardware segment is expected to increase by the end of 2019 because of the growing popularity of UTM, and integrated firewall.

Leading vendors of the industrial cyber security market

  • Airbus
  • Cisco
  • Honeywell
  • Lokheed Martin
  • Schneider

The global industrial security market is fragmented and presents a huge opportunity for large application vendors as well as core cyber security firms to align through mergers and improve their market shares. As per the forecast, the many big companies are expected to make technological gains by strategic acquisitions in the next four years.

Geographical segmentation of the industrial cyber security market

  • Americas
  • EMEA
  • APAC

In 2014, the Americas region emerged as the largest contributor to the industrial cyber security. The market is particularly driven by the high adoption from the utilities and manufacturing sectors from the developing regions. The APAC region is expected to experience substantial growth from the period 2015-2019. Though the market in MEA and Latin America is still in its nascent stage, it is expected to witness a high adoption of industrial cyber security, particularly in the oil and gas sector.

Key news highlights of the industrial cyber security market

May 2015: Airbus defense and space and Cisco announced a partnership to create innovative products and systems in cyber security, mobility, cloud, and data intelligence.

April 2015: Honeywell Process Solutions launches an advanced digital dashboard to monitor, measure, and manage cyber security risks in refineries, power plants, and other automated product lines.

April 2015: Honeywell opens a cybersecurity lab in Atlanta.

March 2015: Airbus group wins a $2.21 million contract from the Ministry of Defense to improve cyber defenses.

January 2015: Lokheed Martin Partners with UK supply chain to fight cyber security threats.

Other sections of the report include an analysis of the following

  • Many types of cyber threats and their impact on businesses
  • Product life cycle of industrial cyber security
  • Key buying criteria for consumers of industrial cyber security
  • Key drivers, challenges, and trends and their impact on the industrial cyber security market
  • Five forces analysis of the industrial cyber security market

Related reports

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Summary of Figures
05.1.1 Summary of Key Figures by Product Category
05.1.2 Summary of Key Figures by Geographical Segmentation
06. Market Summary
07. Introduction
08. Market Description
08.1 Types of Cyber Threats
08.2 Cyber-attacks on Utility Infrastructure Sectors in 2014
08.3 Need for Industrial Cyber Security
09. Market Landscape
09.1 Market Overview
09.2 Product Life Cycle Analysis
09.3 Global Industrial Cyber Security Market
09.3.1 Market Size and Forecast
09.4 Five Forces Analysis
10. Market Segmentation by Product Category
10.1 Global Industrial Cyber Security Market by Product Category
10.2 Global Industrial Cyber Security Market by Services
10.2.1 Market Size and Forecast
10.3 Global Industrial Cyber Security Market by Software
10.3.1 Market Size and Forecast
10.4 Global Industrial Cyber Security Market by Hardware
10.4.1 Market Size and Forecast
11. Geographical Segmentation
11.1 Global Industrial Cyber Security Market by Geographical Segmentation 2014-2019
11.1.1 Global Industrial Cyber Security Market by Geographical Segmentation 2014-2019
11.1.2 Industrial Cyber Security Market in Americas
11.1.3 Industrial Cyber Security Market in EMEA
11.1.4 Industrial Cyber Security in APAC
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
19.1 Competitive Scenario
19.2 News Updates
19.2.1 Key News
19.2.2 Mergers and Acquisitions
19.3 List of Key Vendors 2014
19.4 Description of Key Vendors
19.4.1 Airbus Group
19.4.2 Cisco Systems
19.4.3 Honeywell International
19.4.4 Lockheed Martin
19.4.5 Schneider Electric
19.5 Vendor Comparison
19.5.1 Comparison of Vendors by Industrial Cyber Security Software, Hardware, and Services
19.5.2 Comparison of Vendors by Geographical Presence
19.6 Other Prominent Vendors
20. Key Vendor Analysis
20.1 Airbus Group
20.1.1 Key Facts
20.1.2 Business Overview
20.1.3 Product Segmentation
20.1.4 Geographical Segmentation by Revenue 2013
20.1.5 Business Strategy
20.1.6 Recent Developments
20.1.7 SWOT Analysis
20.2 Cisco Systems
20.2.1 Key Facts
20.2.2 Business Overview
20.2.3 Business Segmentation by Revenue
20.2.4 Geographical Segmentation by Revenue
20.2.5 Business Strategy
20.2.6 Key Information
20.2.7 SWOT Analysis
20.3 Honeywell International
20.3.1 Key Facts
20.3.2 Business Overview
20.3.3 Business Segmentation by Revenue 2013
20.3.4 Business Segmentation by Revenue 2012 and 2013
20.3.5 Geographical Segmentation by Revenue 2013
20.3.6 Business Strategy
20.3.7 Recent Developments
20.3.8 SWOT Analysis
20.4 Lockheed Martin
20.4.1 Key Facts
20.4.2 Business Overview
20.4.3 Business Segmentation by Revenue 2013
20.4.4 Business Segmentation by Revenue 2012 and 2013
20.4.5 Business Strategy
20.4.6 Recent Developments
20.4.7 SWOT Analysis
20.5 Schneider Electric
20.5.1 Key Facts
20.5.2 Key Information
20.5.3 Business Overview
20.5.4 Business Segmentation by Revenue 2013
20.5.5 Business Segmentation by Revenue 2012 and 2013
20.5.6 Geographical Segmentation by Revenue 2013
20.5.7 Business Strategy
20.5.8 Recent Developments
20.5.9 SWOT Analysis
21. Other Reports in this Series

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