Global Critical Infrastructure Protection Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global critical infrastructure protection market in its upcoming report titled, “Global Critical Infrastructure Protection Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global critical infrastructure protection market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global critical infrastructure protection market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global critical infrastructure protection market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global critical infrastructure protection market report has been segmented on the basis of component, end-user industry, and region.

Critical infrastructure comprises all systems, assets, and networks that could be targets of criminal threats, industrial espionage, and/or politically motivated disruption, including power and water grids, nuclear energy plants, etc. Attacks on these networks can cause loss of life, create economic upheaval, cause environmental disasters, threaten public safety, or impact national security.

Major factors driving growth of the global critical infrastructure protection market are rising adoption of cloud-based services and increasing penetration of Internet of Things (IoT).  In addition, cloud-based services offer reliable and scalable solutions that are cost-effective owing to which, various industries have adopted these services and solutions to store personal and confidential data. This requires higher level of protection for data critical infrastructure protection systems. Increasing IT spending, investments in smart grids, increasing deployment of automation solutions, gaining traction of bring your own devices (BYOD) trend, and increasing cyber-crimes and cyber-attacks are other major factors driving growth of the global critical infrastructure protection market.

Major factors hampering growth of the global critical infrastructure protection market are lack of technical personnel, lack of interoperability between products, and deep understanding of control system infrastructure. Increasing adoption of multifactor authentication such as biometric authentication, personal identification number (PIN), and phone-based authentication owing to security issues and difficulty in implementation of standalone applications is the current trend in the market, which is expected to drive global critical infrastructure protection market growth during the forecast period.

However, apart from current services of remote management, technical support, and consulting in the security domain, some advanced features of fraud and data analytics coupled with infinite storage are expected to be introduced in all verticals over the next 10 years.

North America dominates the global critical infrastructure protection market and is expected to register a CAGR of XX% during the forecast period. This growth is attributed to early adoption of cloud-based services and solutions coupled with increasing terrorism activities, cyber-attacks, and cyber breaches. The market in Asia Pacific is expected to witness significant growth during the forecast period owing to increasing investments towards communication infrastructure protection and implementation of stringent government regulations.

Global Critical Infrastructure Protection Market Segmentation:

Global critical infrastructure protection market segmentation by component:

• Security
• Services

Global critical infrastructure protection market segmentation by end-user industry:

• Energy and power
• Healthcare systems
• Defense and aerospace
• Government
• Transportation sector

Global critical infrastructure protection market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa