Industrial Cybersecurity Market – Global Forecast To 2029
The global industrial cybersecurity market was valued at USD 84.54 billion in 2024 and is projected to reach USD 135.11 billion by 2029; it is expected to register a CAGR of 9.8% during the forecast period.
世界の産業用サイバーセキュリティ市場は、2024 年に 845 億 4,000 万米ドルと評価され、2029 年までに 1,351 億 1,000 万米ドルに達すると予測されています。予測期間中に 9.8% の CAGR を記録すると予想されます。
The industrial cybersecurity market is dominated by a few globally established players such as Microsoft (US), IBM (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Rockwell Automation (US), Honeywell International Inc. (US), Fortinet, Inc. (US), and Musarubra US LLC (US) among others and the study includes an in-depth competitive analysis of these key players in the industrial cybersecurity market, with their company profiles, recent developments, and key market strategies.
Key Benefits to Buy the Report:
- Analysis of key drivers (Rising government and private investments to create a safe and secure industrial environment, Deployment of AI/Gen AI in security solutions, Growing number of sophisticated cyberattacks on critical industrial infrastructure, Increasing focus on integrating Internet of Things into Industrial Control Systems, Rise of IoT and Industry 4.0 Initiatives). Restraint (Underestimating threat levels and misunderstanding the nature of cyber-attacks, Lack of adequate funds, framework, and governance required to develop high-end cybersecurity solutions, Integrating cybersecurity solutions with existing industrial processes), Opportunity (Rising importance of cloud-based industrial cybersecurity services, Growing focus of government organizations on establishing rules and regulations for security of industrial control systems (ICS), Growing investment in ICS security presents opportunities for innovation), Challenges (Lack of awareness about best practices and criticality of cybersecurity in industrial control systems, Differing practices and priorities in OT and IT security to pose challenges)
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the industrial cybersecurity market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the industrial cybersecurity market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the industrial cybersecurity market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and offerings of leading players like Microsoft (US), ABB (Switzerland), Musarubra US LLC (US), Cisco Systems Inc. (US), Honeywell International Inc. (US), IBM (US), Fortinet, Inc. (US), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), Palo Alto Networks (US), Dell Inc. (US) among others in the industrial cybersecurity market.