Critical Infrastructure Protection Market
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<strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> Expected to Reach 144.82 Billion USD by 2021<br />
13 Jun, 2016, 09:30 ET from <strong>Market</strong>sand<strong>Market</strong>s<br />
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PUNE, India, June 13, 2016 /PRNewswire/ --<br />
According to a new market research report "<strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> by Security Technology (Network, Physical, Radars, CBRNE, Vehicle<br />
Identification, Secure Communication, SCADA, Building Management), by Service, by Vertical & by Region - Global Forecast to 2021", published by<br />
<strong>Market</strong>sand<strong>Market</strong>s, The <strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> size is estimated to grow from USD 102.47 Billion in 2016 to USD 144.82 Billion by 2021, at an<br />
estimated CAGR of 7.16% from 2016 to 2021.<br />
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )<br />
Browse 88 market data Tables with 46 Figures spread through 159 Pages and in-depth TOC on "<strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong>"<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/critical-infrastructure-protection-cip-market-988.html<br />
Early buyers will receive 10% customization on this report.<br />
Government regulations & practices and increasing number of cyber threats are driving the implementation of CIP solutions and technologies. Organizations,<br />
whether public or private, are adopting technologies to protect their critical infrastructure against malicious objects, make quick response to block suspicious<br />
activity, and safeguard both cyber & physical systems.<br />
Physical security technology to play a key role in the <strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong><br />
Physical security technology is expected to have the largest market share in the <strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> during the forecast period as threats to<br />
physical assets, incidence of terrorist attacks, and government regulations have made it mandatory. Also, there has been increased budget allocation to implement<br />
physical security systems and technologies to secure properties, resources, and society.<br />
Sensitive infrastructure and enterprises vertical contributes the maximum market share<br />
The sensitive infrastructure and enterprises vertical which includes Banking, Financial Services, & Insurance (BFSI), government facilities & defense establishments,<br />
stadiums, holy places & public places, communication systems, and chemical & manufacturing sectors is expected to contribute the largest market share in the<br />
critical infrastructure protection market. As these subsegments are major contributors to a nation's infrastructures and the most critical assets present, the vertical<br />
has the largest share in the critical infrastructure protection market. The CIP solution allows such sensitive infrastructures to provide security and safety to their<br />
customers.
North America expected to contribute the largest market share; Middle East and Africa to grow the with the highest rate<br />
North America is expected to hold the largest market share in the <strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> from 2016 to 2021, due to strong government regulations<br />
and best practices building many associations to take care of critical infrastructures, for example the North American Electric Reliability Corporation (NERC). Middle<br />
East and Africa is the fastest-growing region for the global <strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> due to growth in the number of sensitive infrastructures and<br />
organizations in the region. This in turn leads to high growth rate in security needs for their critical infrastructure so as to have resilience against cyber-attacks or<br />
block unauthorized access and threats/attacks.<br />
Ask for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=988<br />
The major vendors in the <strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> are BAE Systems, General Dynamics, Honeywell International Inc., Lockheed Martin, EMC<br />
Corporation, Raytheon, Airbus, Intergraph Corporation, Waterfall Security Solutions, and MacAfee, Inc.<br />
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