Critical Infrastructure Protection (CIP) Market Report 2020-2030

NEW YORK, Dec. 11, 2019 /PRNewswire/ --

Forecasts by Industry (Energy and Power, Transportation Systems and Sensitive Infrastructures and Enterprises), Security Type (Cybersecurity, Surveillance, Physical Barriers, Personnel and Access Control) and Geography (Asia Pacific, Middle East, North America, Europe, Africa and ROW)

Read the full report: https://www.reportlinker.com/p05482475/?utm_source=PRN

Drivers in the Global Critical Infrastructure Protection Market 2019
Rise in security breaches and cyber-attacks targeting enterprises across various industry verticals
In today's business environment, there is increase in the usage of digital solutions, connected devices, and IT systems due to rapid advancements in technologies. The foundation of this digital infrastructure is based on the communication between various business critical applications and data across platforms, devices, and users. With data explosion and frequently increasing cyber threats, chances of data breaches at every level have amplified significantly. Government agencies and energy infrastructure industries are more susceptible to such outbreaks, as such organizations handle a country's critical infrastructure, putting confidential business data and personnel information at risk.

Stringent government regulations and increasing adoption of best practices for CIP
The CIP systems and service providers, along with government agencies, play a vital role in safeguarding the cyberspace without diminishing the benefits that it provides to critical infrastructures. The private sector holds a major proportion of a country's critical infrastructure and its protection is their primary concern. Agencies from the government provide intelligence, identify threats, and conduct assessments on infrastructures and communities to help businesses and local governments to take decisions and enhance security before the occurrence of an event Terrorist activities across the globe, recent rise in cyber-attacks on Industrial Control Systems (ICS) and other industrial infrastructure, Distributed Denial of Service (DDoS) attacks on the severs of Dyn (the company that controls the internet's Domain Name System (DNS) infrastructure) in 2016 that brought down major websites including Twitter, the Guardian, Netflix, Redcfrt, and CNN in the US and European region, and other such incidents have highlighted the necessity to defend a country's orifice' infrastructure. Approximately 90% Y-o-Y increase in targeted attacks has given rise to a large number of government regulations, which are to be strictly adhered to by all the organizations. The government regulations make it mandatory for organizations to adhere to government security standards, failing which they could be penalized.

Challenges in Global Critical Infrastructure Protection Market
High Cost of Implementation
Cyber-attacks are on the rise due to the insufficient cyber security framework and lack of cyber governance. Despite the alarming frequency of data breaches and cybercrimes, there is still not enough money—or attention—being paid to information security and, specifically, cyber security in the workplace. Due to the complex networks and the need to develop sophisticated tools to counter the cyber-attacks, the vendors need to constantly upgrade their solutions and develop new technologies. The implementation of physical security technologies demand heavy centralized processing units, analytic, and tools for processing the data, thereby increasing the costs incurred to provide complete perimeter protection to these critical infrastructures.
Distributed facilities pose a challenge in the implementation of comprehensive security solutions
The power generation, transmission, and distribution and other key infrastructure are spread over various locations and are connected to each other by network through various modes of communications. The smart grids and utilities such as water utilities, and oil and gas pipelines are spread across a large area and are monitored from the base station. These stations connected by networks pose a challenge for the security companies to implement a comprehensive security solution encompassing all the information and physical security solutions onto a single platform. Hence, to address this challenge, there is a need for a single hub that controls all the multi-site security issues by detecting, assessing, and responding quickly to the security issues with uniformity.

Our new study reveals trends, market progress, and predicted revenues
Where is the CIP market heading? If you are involved in the critical infrastructure protection sector you must read this brand new report. The report shows you the potential revenues streams to 2030, assessing data, trends, opportunities and business prospects there.

Discover how to stay ahead
Our 247-page report provides 198 tables, charts, and graphs. Read on to discover the most lucrative areas in the critical infrastructure protection sector and the future market prospects. Our new study lets you assess forecast sales at overall world market and regional level. You will see financial results, interviews, trends, opportunities, and revenue predictions. Much opportunity remains in this growing CIP market.
Discover sales predictions for the world market and submarkets

Along with revenue prediction for the overall world market, you will find revenue forecasts to 2030 for the following segments:

By Industry:
• Energy and Power, Transportation Systems, and Sensitive Infrastructures and Enterprises

By Security Type:
• Cyber Security, Surveillance, Physical Barriers, Personnel, Access Control

By Geography:
• Asia-Pacific, Middle East North America, Europe, Africa, ROW

Our investigation discusses what stimulates and restrains business. You will understand the dynamics of the industry and assess its potential future sales, discovering the critical factors likely to achieve success.
There will be growth in established CIP markets and in developing countries alike. Our analyses show that India in particular, will continue to achieve high revenue growth to 2030. Geopolitical tensions and terrorist threats worldwide, coupled with development in cybersecurity and physical security technology will continue to influence the market.
Leading companies and the potential for market growth
Global market for Critical Infrastructure Protection is estimated to be valued at $18.07 billion in 2020 and is projected to be at $55.0 billion by 2030, growing at the rate of CAGR 11.7% through 2020-2030. Increasing investment from emerging countries like India and increasing demand for cybersecuirty, surveillance and access control systems & technologies will increase sales to 2030.
Our work identifies which organisations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
What issues will affect the CIP industry?

Our new report discusses the issues and events affecting the CIP market. You will find discussions, including qualitative analyses of:
• Cybersecurity threats
• Physical security threats, including terrorism and natural hazards
• Worldwide modernisation programmes of national infrastructure
• Persistent divide between regulated and unregulated markets

You will see discussions of technological, commercial, and economic matters, with emphasis on the competitive landscape and business outlooks.
How the CIP report helps you

In summary, our 247-page report provides you with the following knowledge:

Market Forecasts by:

By Industry:
• Energy and Power, Transportation Systems, and Sensitive Infrastructures and Enterprises

By Security Type:
• Cyber Security, Surveillance, Physical Barriers, Personnel, Access Control

By Geography:
• Asia-Pacific, Middle East North America, Europe, Africa, ROW

With national forecasts for:
• United States
• Canada
• Rest of North America
• Russia
• Germany
• UK
• France
• Turkey
• Rest of Europe
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
• Saudi Arabia
• Iraq
• Israel
• Rest of Middle East
• Nigeria
• Algeria
• Rest of Africa
• Brazil
• Central and South America
• Other Countries aka Rest of ROW
• Discussion of what stimulates and restrains companies and the market
• Prospects for established firms and those seeking to enter the market
• See detailed tables of relevant contracts for critical infrastructure protection

Read the full report: https://www.reportlinker.com/p05482475/?utm_source=PRN

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker