LONDON, Sept. 15, 2016 /PRNewswire/ -- The Frost & Sullivan research service on the global critical national infrastructure (CNI) cyber security market provides a forecast of 6 key CNI segments—law enforcement, oil and gas, power generation, banking and finance, airports, and governments—based on a detailed analysis of base data, company budgets, contracts, and spending patterns. It also gives a region-wise break up of market sizes in these key segments.
The quest for efficiency—police force modernisation, addition of renewable energy-based power plants, upgrade of legacy systems in old power plants, modernisation in the oil and gas sector based on a "connected oilfields" model, dedicated government network security programmes, and smart city programmes—involves increased IT-enabled modernisation which provides extensive market opportunity for CNI-specific cyber security. The research service identifies how segments differ in technology adoption and cyber security policy mandates. It is also aimed at quantifying the diversity in cyber security spending across key CNI sectors and tracing how spending will change across segments between 2015 and 2024 due to the impact of technology, policy, and other factors. The study can help companies prioritise the segments and regions to focus on and direct their expansion strategies. High-growth markets, emerging trends, technologies, and their cyber security implications are presented by Frost & Sullivan's analysts in this study.
1 The market is likely to experience a CAGR of xxx % from 20xx to 20xx, with North America having the highest CAGR of xx% ($xx billion in 20xx).
2 Collaboration and joint development by cyber security firms and industrial control system (ICS) firms are bridging the IT-OT disconnect.
3 Enactment of legislation and standards specific to CNI will be a main driver of cyber security spending, especially in developed countries in North America and Europe.
4 Technology adoption by CNI for increasing efficiencies is causing a multiplication of "cyber touch points" which require security measures.
5 Products/services which will be in demand include firewalls, IPS/IDS, web application filters, SSL inspection, malware sandboxing, and sensors to monitor technology malfunctions which can be induced by cyber threats.
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