Industrial Cybersecurity Market Boosting the Growth Worldwide
Kings Research is delighted to announce the publication of its latest market research study on the Industrial Cybersecurity Market was valued at USD 22.91 billion in 2022 and is projected to reach USD 44.65 billion by 2030, growing at a CAGR of 8.54% from 2023 to 2030. The global market is constantly evolving, and businesses need to stay up-to-date with the latest trends and developments in order to remain competitive.
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Competitive Landscape:
This
competitive landscape is influenced by several factors, including technological
advancements, shifting consumer preferences, regulatory frameworks, and
economic conditions. Businesses operating in this market must stay vigilant to
these influences to stay ahead in the competitive race. This study equips
businesses with valuable information to assess their competitive environment
and make well-informed business decisions.
Key Players: -
- ABS
Group of Companies, Inc.
- Bechtel
Corporation
- Cisco Systems,
Inc.
- Fortinet,
Inc.
- Honeywell
International Inc.
- Microsoft
- Rockwell
Automation
- Schneider
Electric
- Siemens
- Thales
- IBM
The report
covers major market drivers, restraints, challenges, and opportunities, as well
as emerging technologies, market trends, and technological integration, making
sure the information stays up-to-date. It further provides an overview of the
factors bolstering product sales, such as the introduction of novel features,
rising investments in R&D activities, and expanding production capacities.
Market Segmentation
Segmentation
analysis is a crucial tool for comprehending and analyzing the global market.
This study report identifies segments by dividing the market into distinct
categories based on characteristics like demographics, geographic location,
psychographics, behavior, and preferences. Businesses can leverage this
segmentation to effectively target specific customer groups by utilizing
tailored marketing strategies and offerings that align with their unique needs
and preferences.
By Type
- Network Security
- Endpoint Security
- Cloud Security
- Application Security
- Others
By Component
- Hardware
- Software
- Services
By End User
- Energy & Utilities
- Transportation Systems
- Chemicals and Manufacturing
- Others
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It provides
insights into critical factors that are fostering market development, along
with the lucrative opportunities the global market holds. This involves
favorable government policies, economic factors, trends, and numerous
initiatives taken by corporations to augment product sales. The study will
prove beneficial to manufacturers, new entrants, and businesses involved in the
industry chain, offering valuable insights to support their operations and
strategic initiatives.
The report
highlights a comprehensive analysis of the competitive landscape of the global Industrial
Cybersecurity market, focusing on key players and strategic developments. The
global market is characterized by dynamism and competitiveness, with companies
seeking to gain market share and secure a competitive edge in the global
industry.
Regional Insights
The North
America will dominate the market share of Industrial Cybersecurity Market. The
regional outlook for different parts of the world, such as North America,
Europe, Asia Pacific, Latin America, the Middle East & Africa, is also
included. The regional section sheds light on the prominent factors shaping
market growth to assist stakeholders in understanding the global market
standing of leading regions.
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Key Developments
- April 2023
(Product Launch): Thales
developed a new National Digital Excellence Centre in the Cyber Centre in
Canada which strengthens its cybersecurity skills across the industrial
systems and allows SMEs and micro-enterprises to test and develop digital
transformation ideas alongside large organizations.
- February 2023
(Funding): Opscura Inc.,
secured USD 9.4 million in Series A funding as it expands to include more
U.S. partners and customers looking to secure and connect their
mission-critical operations through multifaceted cybersecurity innovation.
- September 2022
(Product Launch): ABB launched the
ABB Ability Cyber Security Workplace combines security tools into a
single-view digital platform that streamlines the display of several
critical pieces of information which can reduce the risks and protects the
industrial attacks.
About Us:
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market research firm. With a collaborative approach, we work closely with
industry leaders, conducting thorough assessments of trends and developments.
Our primary objective is to provide decision-makers with tailored research
reports that align with their unique business objectives. Through our
comprehensive research studies, we strive to empower leaders to make informed
decisions.
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backgrounds and a wealth of knowledge in various industries. At Kings Research,
we offer a comprehensive range of services aimed at assisting you in
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