Operational Technology (OT) Security Market

Top Companies List of Operational Technology (OT) Security Industry - Fortinet (US), Schneider Electric (France) | MarketsandMarkets

According to MarketsandMarkets, the Operational Technology (OT) security market is set to grow significantly. It's expected to be worth around USD 20.7 billion in 2024, increasing to about USD 44.9 billion by 2029. This growth is due to more businesses relying on digital tools and devices, which raises the need to protect against cyber threats effectively.

Leading Operational Technology (OT) Security Companies include

  • Schneider Electric(France)
  • Siemens (Germany)
  • ABB(Switzerland)
  • Fortinet (US)
  • Rapid7 (US), and many more....

Some leading players in Operational Technology (OT) security market include Fortinet (US), Forcepoint(US), Cisco(US), Tenable (US), Forescout (US), Checkpoint (Israel), Broadcom (US), Trellix (US), Microsoft (US), OKTA(US), Palo Alto Networks(US), Qualys (US), Zscaler (US), BeyondTrust (US), CyberArk (US), Rapid7 (US), Sophos (US), Tripwire (US), Radiflow (Israel), Kaspersky (Russia), SentinelOne (US), Thales (France), Armis (US), Darktrace(US), Nozomi networks (US), Honeywell (US), Schneider Electric(France), Siemens (Germany), ABB(Switzerland), Forcepoint(US) 

To know about the assumptions considered for the study download the pdf brochure

Schneider Electric(France)

Schneider Electric, based in France, is a global leader in energy management and automation solutions. They offer a wide range of products and services for various industries, including industrial automation, buildings, infrastructure, and data centers. In the realm of Operational Technology (OT) security, Schneider Electric provides tailored cybersecurity solutions for industrial environments, leveraging their expertise in industrial automation and control systems to safeguard critical infrastructure and assets from cyber threats.

Siemens (Germany)

Siemens, headquartered in Germany, is a global conglomerate known for its expertise in industrial automation and digitalization. They provide a wide range of solutions across various sectors, including energy, healthcare, and manufacturing. In the field of Operational Technology (OT) security, Siemens offers tailored cybersecurity solutions to protect industrial control systems and critical infrastructure from cyber threats.

ABB(Switzerland)

ABB, headquartered in Switzerland, is a global technology leader specializing in electrification, robotics, and industrial automation. Their comprehensive portfolio of products and services spans multiple industries. In Operational Technology (OT) security, ABB offers advanced cybersecurity solutions tailored to protect industrial control systems and critical infrastructure from cyber threats.

Fortinet (US)

Fortinet offers a comprehensive OT security platform tailored for ICS and SCADA systems, integrating security tools, threat intelligence, and services specifically designed for OT environments. Leveraging FortiGuard Labs, it provides real-time threat intelligence covering over 70 OT protocols and 4,000 vulnerability signatures, ensuring deep visibility across the entire OT network to detect suspicious activities promptly. By implementing a zero-trust security model, the platform enhances security by mandating verification for authorized users and devices and enabling secure remote access for personnel to manage essential operations remotely. Seamless integration into the Fortinet Security Fabric securely facilitates IT/OT convergence, leading to improved threat detection, streamlined security management, and enhanced security posture, effectively addressing vulnerabilities and access control comprehensively.

Rapid7 (US)

Rapid7 bridges the gap between IT and OT security operations by integrating security solutions for both domains, facilitating a unified view of potential risks. Partnering with SCADAfence, a specialist in OT security, Rapid7's Insight Connect platform integrates with SCADAfence to provide comprehensive OT visibility and vulnerability management. This integration enables organizations to gain more precise insights into all their assets, including traditional IT and industrial control systems (ICS) within the OT environment, leading to better risk assessment and prioritization. Rapid7's vulnerability management tools extended to OT systems through the SCADAfence integration facilitate identifying and mitigating vulnerabilities specific to OT devices. Rapid7 aims to improve threat detection and response efficiency by fostering collaboration between IT and OT security teams, providing organizations with a unified view of their security posture and enhancing vulnerability management across both IT and OT systems, ultimately leading to improved threat detection and response capabilities.

Related Reports:

Operational Technology (OT) Security Market by Offering (Solutions & Services), Deployment Mode (On-premises & Cloud), Organization Size (SMEs & Large Enterprises), Vertical (Manufacturing, Oil & Gas, Others), End User & Region - Global Forecast to 2029

Operational Technology (OT) Security Market Size,  Share & Growth Report
Report Code
TC 8139
RI Published ON
5/6/2024
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