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Critical Infrastructure Protection Market

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<strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> Worth 153.16 Billion USD<br />

by 2022<br />

NEWS PROVIDED BY<br />

<strong>Market</strong>sand<strong>Market</strong>s <br />

Jul 26, 2017, 10:30 ET<br />

PUNE, India, July 26, 2017 /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 Security, Physical<br />

Security, Radars, CBRNE, Vehicle Identi cation, Secure Communication, SCADA, Building Management), Service, Vertical, and Region - Global<br />

forecast to 2022", published by <strong>Market</strong>sand<strong>Market</strong>s, the CIP <strong>Market</strong> size is estimated to grow from USD 110.41 Billion in 2017 to USD 153.16<br />

Billion by 2022, at an estimated Compound Annual Growth Rate (CAGR) of 6.8%.<br />

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Browse 80 <strong>Market</strong> Data Tables and 41 Figures spread through 169 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 />

The CIP <strong>Market</strong> includes various security technologies, which are essential for safeguarding critical assets, enterprises, and territories from<br />

physical attacks and cyber-attacks. Increased instances of physical attacks, such as terrorist activities, thefts, intrusion drones, and cyber-attacks<br />

which include malware, ransomware, virus, and Advanced Persistent Threats (APTs) have driven the need for large scale adoption of CIP security<br />

devices and services. Moreover, stringent government regulations and adoption of best practices for CIP are expected to drive the market growth<br />

during the forecast period.<br />

The network security segment is expected to play a key role in the CIP <strong>Market</strong>


The network security segment is projected to grow at the highest CAGR during the forecast period. The various network security solutions<br />

include identity and access management, risk and compliance management, encryption, rewall, antivirus/antimalware, intrusion detection<br />

systems/intrusion prevention systems, and DDoS mitigation. Network security solutions safeguard the critical systems network from malware,<br />

ransomware, viruses, worms, APTs, and zero day attacks.<br />

The physical security segment is expected to have the largest market share and dominate the CIP <strong>Market</strong> from 2017 to 2022, due to growing<br />

instances of physical attacks and natural disasters on industrial plants, oil elds, and ports.<br />

The transportation systems vertical is expected to grow at the highest CAGR in the CIP <strong>Market</strong><br />

The sensitive infrastructures and enterprises industry vertical is expected to contribute the largest market share from 2017 to 2022 in the CIP<br />

<strong>Market</strong>, as video surveillance, video analytics, smart cards, biometrics systems, and intrusion detection systems are widely used at public places<br />

for physical security. However, the transportation systems segment is expected to grow at the highest CAGR from 2017 to 2022, in the CIP <strong>Market</strong><br />

due to increased instances of terror attacks, pirate activities on international waters and ports, and cyber threats due to malware, viruses, and<br />

persistent adaptive threats.<br />

Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=988<br />

North America is expected to contribute the largest market share, whereas MEA is expected to grow at the highest rate<br />

North America is expected to have the largest market share and dominate the CIP <strong>Market</strong> from 2017 to 2022. The North American region is<br />

always under threat from criminals and cyber-attackers, which can disrupt the functioning of the critical infrastructural assets. Surveillance<br />

measures in public places and industrial sites have been tightened. Various airports, marine ports, and border control areas have adopted<br />

biometrics for access control. The Middle East and Africa (MEA) region is expected to grow at the highest CAGR as major oil eld projects are set<br />

up in MEA, which require protection from physical attacks, cyber-attacks, and natural disasters.<br />

The major vendors in the <strong>Critical</strong> <strong>Infrastructure</strong> <strong>Protection</strong> <strong>Market</strong> include BAE Systems (UK), General Dynamics Corporation (US), Honeywell<br />

International Inc. (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Company (US), Airbus Group SE<br />

(Netherlands), Hexagon AB (Sweden), Johnson Controls International plc (Republic of Ireland), Thales Group (France), Teltronic S.A. (Spain),<br />

OptaSense (UK), Motorola Solutions, Inc. (US), and Huawei Technologies Co., Ltd. (China).<br />

Enquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=988<br />

Browse Related Reports<br />

Industrial Control Systems Security <strong>Market</strong> by Solution (Firewall, Antivirus/Anti-Malware, Identity and Access Management, Security Information<br />

& Event Management, DDOS, UTM), Service, Security Type, Vertical, and Region - Global Forecast to 2022.<br />

http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/industrial-control-systems-security-ics-market-1273.html<br />

Perimeter Security <strong>Market</strong> by System (IDS, Video Surveillance, Alarms & Noti cation, Access Control), Service (System Integration & Consulting,<br />

Risk Assessment, Managed Services, Maintenance & Support), Vertical, Region - Global Forecast to 2020.<br />

http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/perimeter-security-market-1311.html<br />

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