Innovations will Boost Industrial Control Systems Security Market Growth in the

Posted by mahendra lunkad on November 16th, 2017

Industrial control systems security is the protection of industrial control systems along with the integrated software and hardware used to control and monitor the operation of industrial equipment and related devices. Industrial control systems are used in devices or machinery across various industries worldwide. It controls and manages the whole thing from various power plants and other utilities to robot industrial Control Systems, HVAC installations, and even cell doors of a prison. There are various external and internal threats to industrial control systems such as malicious insiders, hackers, human error, etc.

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All these threats can be protected by monitoring all activities whether performed by an unidentified source or a reliable insider. Industrial control systems, including infrastructure which is critical, are more and more networked and attached with communications and computing technologies.

The factors driving the growth of the industrial control systems security market is the increased incidence of cyber-attacks, and threat and security breaches to network security. In today’s time, industrial sectors particularly those having critical infrastructures are more vulnerable to hackers, and politically motivated attacks, looking to cause physical damage and disruptions to industrial operational activities. External cyber-attacks targeting industrial control system networks can be supported by politically motivated attackers such as hackers or a terrorist group, but also be part of industrial spying activity. The objective of such attacks can vary based on the motive of the adversary. For instance, the objective of attacks that are politically motivated is possibly to inflict physical damage and cause interruptions to industrial operational activity, while industrial spying is more focused on the theft of Intellectual Property (IP). Real-time monitoring in industrial networks is the key to industrial control systems security. Various enterprises are providing a wide-range of solutions against these security threats. Solutions include information protection, threat protection, Industrial Control Systems platform, security analyst, etc. Threat protection provides protection for gateways, data centers, and endpoints, as well as cloud-based management. Additionally, information protection gives integrated data and identity protection.

Industrial control systems security regularly supports critical infrastructure, so they cannot be taken down for any security updates and hence, often remain vulnerable. Moreover, because it has very restricted computing resources, it does not have the capacity to run anti-malware software. This could restrain the growth of the industrial control systems security market.

The industrial control systems security market can be segmented on the basis of services type, solution type, end-use industry, security type, and region. On the basis of services type, the market can be segmented into risk management services, analytics services, and others. Solution type can be segmented into firewall, data loss prevention, antivirus/anti-malware, security information and event management, virtualization security, unified threat management, SCADA encryption, and others.

Furthermore, on the basis of end-use industry, the market can be segmented into energy and utilities, transportation and logistics, manufacturing, and others. On the basis of security type, the industrial control systems security market can be segmented into network security, endpoint security, application security, data base security, and others. Geographically, the industrial control systems security market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to lead due to the increasing adoption of industrial control systems security by various enterprises across the region. However, the market in Asia Pacific is expected to grow at a faster rate due to increasing industrial automation in growing economies such as China, Japan, and India.

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Some of the key players in the vehicle testing and inspection market are ABB Ltd., Belden Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Fortinet, Inc., General Electric Company, Honeywell International, Inc., McAfee LLC, Siemens AG, Indegy, FireEye, Inc., Carbon Black, Inc., SecurityMatters, etc.