Global Critical Infrastructure Protection Market By Security Type (Operational Technology and Information Technology), By Services (Consulting Services, Managed Services, and Others), By Application (BFSI, Energy & Power, Government & Defense, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Critical Infrastructure Protection Market Overview:

In 2021, the global critical industry protection market was valued at USD 1,14,240 million. It is projected to see a 16.4% compound annual growth rate over the forecast time.

Cybersecurity of national assets is vital. As such, cyberspace security is essential for digitization. The key trend driving the market growth is the rising concern about advanced threats, such as cutting off power, clean water, transportation, and other essential supplies.

Global Critical Infrastructure Protection Market Scope:

Security type analysis

The market’s dominant segment, operational technology (OT), is likely to stay strong throughout the forecast period. By 2025, it will have a near 60% revenue share. The growing deployment of cybersecurity solutions into SCADA systems, industrial controls systems, and other operational technologies systems is responsible for the segment’s expansion.

As sophisticated attacks like the one in the U.K. rain are becoming more common, governments need to develop a strong deterrence position to help them prioritize the cyberspace challenges. Given the vital importance of OT and the potential consequences of insufficient protection, it is crucial to ensure a robust security position. This, together with the growing demand from the end-users, is expected to drive the market’s growth during the forecast period.

In the future, the segment of information technology (IT), security is expected to grow by 9.8%. IT security plays a crucial role in helping to build the environment necessary to implement successful eCommerce or government activities, national ICT plans, sectoral projects, and finance and education projects. Market growth is expected to be aided by the constant development of new technologies, such as the cloud, big data, and IoT.

Service analysis

The market for critical infrastructure protection was dominated in 2021 by the consulting services sector. CIP helps you to secure your infrastructure by providing expert advice and comprehensive assessment. Consultants ensure that the OT & IT infrastructure have been properly aligned to address inherent challenges.

Growing demand for security services in infrastructure means that consulting services offer a combination of OT and IT protection, as well as cyber, information management, disaster recovery, and incident management to improve organizational resilience to potential threats. Over the forecast period, the sector will see growth due to the possibility of creating customized solutions for clients that meet their security and compliance objectives.

In the forecast period, there will be a 9.7% CAGR in risk management services. Numerous governments are adopting risk management methods. The risk management process integrates threat, vulnerability, & consequence information. This approach allows governments and other organizations the ability to identify key security assets, assess potential risks, and develop priorities and strategies to reduce emerging risks.

Risk management services can be used to prevent, prepare, respond to, and recover from cyber threats. It also facilitates collaboration between private and government agencies to manage the risks associated with critical infrastructure.

Application analysis

The market’s largest segment, energy & electricity, was dominant in 2021, and will likely see significant growth. This forecast period is expected to register a CAGR of 10.8%.

Industries around the world have made substantial voluntary efforts to enhance their security preparedness in order to protect themselves against cyber-attacks. The rise of the smart grid has required the implementation of robust critical infrastructure protection in order to support infrastructure resilience and security.

2021 saw the transportation segment command a revenue share that was 15.40% of the total market. It is expected that it will experience a healthy CAGR over the forecast period.

Transportation allows for people, food, and other commodities to be moved quickly, safely, and securely within a country or overseas. Due to its economic significance and interdependencies on other infrastructure, the transportation system has vital importance.

Кеу Маrkеt Ѕеgmеntѕ

By Security Type

• Operational Technology
• Information Technology

By Services

• Consulting Services
• Managed Services
• Risk Management Services
• Training & Support Services

By Application

• BFSI
• Energy & Power
• Government & Defense
• IT & Telecom
• Transportation
• Other Applications

Market Dynamics:

Organizations that have a robust cybersecurity program can identify threats and take steps to mitigate them. The implementation of critical infrastructure protection solutions (CIP) ensures that organizations are safe and their critical infrastructure is not interrupted. It protects national-important assets such as nuclear facilities and virtual assets such as defense blueprints. However, advanced cyber-attacks have made it more urgent to develop new cybersecurity solutions.

Every nation must ensure the safety of its government, transport, financial system, and energy against terrorist acts and natural catastrophes. The U.S. government makes sure that all facilities and organizations are protected from cyberattacks.

In recent years, the government established cybersecurity units. They also support deterrence activities and enforce strict policies to prevent cyber-attacks from causing widespread destruction to the country. The National Protection and Programs Directorate aims to strengthen the nation’s security and resilience through public-private partnerships.

The protection of critical infrastructure is vital for modern society. Globally, the priority is increasing to protect the nation’s assets. The rapid growth of cyber threats within modern critical infrastructure means that there is an increasing importance placed on protecting industrial control systems and supervisory control and information acquisition (SCADA), systems to ensure continued operations and performance.

A rapidly growing internet and interconnected network architecture are prompting governments to secure cyberspace in order to limit threat vulnerabilities.

There are concerns in many industries about the ability of adversaries, including hackers, to gain access to critical infrastructure areas. An increasing number of investments are being made to support cybersecurity research in order to develop advanced protection solutions for critical infrastructure.

CIP is being encouraged by governments that have favorable policies regarding asset safety. Aperio Systems (Israel-based provider of critical infrastructure protection systems) raised USD 4.5million in seed funding in 2018. The company plans on using the funds for strategic investment in next-generation cybersecurity intrusion defense systems to secure critical infrastructure.

Regional Analysis

North America was the dominant market, accounting for over 41.02% of global revenue in 2021. The U.S. government implements various policies and agencies that help to grow the market. In addition, the National Strategy and Action Plan for Critical Infrastructure have established a risk-based approach for strengthening Canada’s resilience and assets. This helps to boost the overall market growth.

Asia Pacific is projected to see the largest CAGR of 18.9% over the forecast period. The region is being driven by technological developments in both defense and industrial systems. China is expected to see a high growth rate, with increased infrastructure protection hardware investments, and software. Market leaders are increasing their investments in infrastructure protection hardware and software, which will positively impact the growth of the region.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The market offers high growth potential. There are many opportunities in this market due to increasing cyber-attacks. Companies operating in the cybersecurity and physical industries focus on strict R&D. This R&D is focused on both business and technical innovation.

Маrkеt Кеу Рlауеrѕ:

• Вае Ѕуѕtеmѕ
• General Dynamic Corporation
• Honeywell International Inc.
• Raytheon Company
• Nоrthrор Grummаn
• Rауthеоn
• Boeing
• Нехаgоn АВ
• Јоhnѕоn Соntrоlѕ
• Тhаlеѕ Grоuр
• Other Key Players

For the Critical Infrastructure Protection Market research study, the following years have been considered to estimate the market size: