HOME Research Insight Industrial Control Systems (ICS) Security Market Forecast & Analysis to 2018



Industrial Control Systems (ICS) Security Market Forecast & Analysis to 2018


Industrial Control Systems (ICS) Security Market report gives detailed insights into the global ICS security market split across various regions, type of technologies, type of verticals and type of professional services.

There has been a significant rise in the threats and attacks on critical infrastructures all over the globe. The power grids, energy utilities and pipelines are also not detached from these attacks and they are posing major threats. These cyber attacks on the facility networks enable he hackers to control the processes and compromise the integrity of critical information. To safeguard the processes and the critical infrastructures, almost every country and the related companies are turning towards robust security solutions.  

There are major companies which provide embedded security solutions which include automation solutions and network security solutions to safeguard the infrastructures.  The solutions provided are highly sophisticated and provide a strong fortification to the facilities from outside threats and vulnerabilities.

Another important driving factor for the ICS security market is the increased government pressure, security compliance and regulations.   Governments of both developed and developing nations have outlined strict measures to secure the infrastructures of energy, power, transportation and utilities sector. The infrastructure and related companies producing and distributing power, oil and gas, water utilities have to adhere to these regulation and compliances for the overall security of the industry. These regulations have helped the companies and the countries to safeguard the critical infrastructures.

There has been a major confusion about the solutions available for ICS network security. The control systems solutions available in the market are obsolete and are not designed to cater to current cyber security needs. The companies have to implement these security solutions according to their security protocol requirements. Foreseeing these issues, there is a large demand in the market for an inclusive security solution for ICS security that would include easy integration of various processes over a single platform as well as provide network security solutions. This demand is also driving the overall ICS security market across the globe.

There has always been more emphasis on securing the processes in the facility from outside attacks and threats. But in recent times, there has been an increase in the insider attacks. Companies are focusing more on securing the restricted areas by implementing authentication and access controls. These policies are designed by security consulting companies for protecting the facilities from people who are working inside the plants. These issues have given a boost for the ICS security consulting and professional services.

These growing trends have pushed the overall market of ICS security. The global market for oil and gas security is expected to grow from $7.02 billion in 2013 to $10.33 billion by 2018, at an estimated Compound Annual Growth Rate (CAGR) of 8.0% from 2013 to 2018.

Related Reports:

Industrial Control Systems (ICS) Security Market [DDOS, IDS/IPS, Firewall, SIEM, SCADA Encryption, UTM, Application Whitelisting, DLP, Database Activity Monitoring; Professional Services] - Global Advancements, Market Forecast & Analysis (2013 - 2018)

http://www.marketsandmarkets.com/Market-Reports/industrial-control-systems-security-ics-market-1273.html

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