Industrial Control Systems Ics Security
Industrial Control Systems (ICS) Security Market Forecasts to 2030 - Global Analysis By Type (Network Security Solutions, Endpoint Security Solutions, Application Security Solutions, Data Security Solutions, Identity and Access Management (IAM) Solutions, Security Information and Event Management (SIEM) Solutions, Backup and Recovery Solutions, Configuration and Change Management Solutions, Incident Response Solutions, Compliance Management Solutions and Other Types), Service, System, Application, End User and By Geography
According to Stratistics MRC, the Global Industrial Control Systems (ICS) Security Market is accounted for $19.4 billion in 2024 and is expected to reach $32.7 billion by 2030 growing at a CAGR of 9.1% during the forecast period. Industrial Control Systems (ICS) Security is the set of practices, technologies, and strategies employed to protect the operational technology (OT) systems that monitor and control industrial processes, manufacturing, and critical infrastructure. These ICS include Supervisory Control and Data Acquisition (SCADA) systems, Distributed Control Systems (DCS), and other industrial automation and control equipment. Industrial control systems security is crucial because these systems are responsible for managing and controlling vital processes in industries such as energy, utilities, transportation, and manufacturing.
According to the International Federation of Robotics (IFR), the annual installation of industrial robots is anticipated to reach 718 thousand units globally by 2026, from 400 thousand units in 2017.
Market Dynamics:
Driver:
Growing demand from aerospace sector
The aerospace industry relies heavily on complex and automated manufacturing processes controlled by ICS. As the demand for aerospace products increases, there's a parallel rise in investment in advanced manufacturing technologies and secure ICS to manage them. This leads to a larger market for robust ICS security solutions that can safeguard these critical systems. Moreover, the growing awareness of these cyber threats compels aerospace manufacturers to prioritize robust ICS security measures to protect their design data, production processes, and ultimately, the safety of their aircraft.
Restraint:
Complex manufacturing process
Complex manufacturing processes can lead to higher production costs for ICS components and equipment. This translates to more expensive security solutions, hindering their adoption, particularly for smaller players in the market. Budget constraints might force them to choose less secure options or forgo implementing security altogether. Additionally, the complexity might discourage innovation in the development of new, more secure ICS components hampering the growth of the market.
Opportunity:
Strategic stockpiling by governments
Governments stockpiling critical equipment and supplies for vital infrastructure like power grids, water treatment plants, and communication networks will likely prioritize robust ICS security measures to protect these stockpiles. This can lead to increased demand for security solutions like firewalls, intrusion detection systems, and security software for these stockpiled systems.
Threat:
High production costs
The high cost of implementing ICS security solutions, including hardware, software, installation, and ongoing maintenance, can be a significant barrier for small and medium-sized industrial facilities. These companies might have tighter budgets and struggle to justify the initial investment, limiting market reach. Security vendors need to emphasize the long-term value proposition of ICS security. This includes quantifying the potential cost savings from preventing cyberattacks and disruptions, as well as the importance of protecting critical infrastructure and intellectual property.
Covid-19 Impact
The onset of the COVID-19 exhibits significant market growth. The penetration of the digital transformation strategies because of the COVID-19 has directly propelled the needs for safety systems, subsequently to further problems like availability, performance, safety, and growing IT costs, is considering bolstering the requirements for industrial control system solutions and services. The widespread of the COVID-19 is leading the trend of the adoption of industrial control methods due to the proliferation of the internet, along with ICS offers advantages like interconnectivity and better management.
The network security solutions segment is expected to be the largest during the forecast period
The network security solutions is expected to be the largest during the forecast period as these solutions play a crucial role in safeguarding OT networks, including SCADA systems, DCS, and PLCs, from cyber threats and vulnerabilities. Moreover, the adoption of network security solutions by industries enhances the overall cybersecurity posture of ICS environments. Solutions such as firewalls, intrusion detection/prevention systems (IDS/IPS), network segmentation, and secure remote access help to detect and mitigate threats, preventing unauthorized access and data breaches.
The automotive segment is expected to have the highest CAGR during the forecast period
The automotive segment is expected to have the highest CAGR during the forecast period due to the growing cost of labor and the intense pressure automotive manufacturer’s face to meet deadlines. Using devices like industrial personal computers (PCs), programmable logic controllers (PLCs), and programmable automation controllers (PACs), automation solutions automate industrial processes without requiring human interaction. Automation could increase productivity worldwide. In addition, since a large portion of work in automotive professions can be automated, some of these occupations may be partially automated.
Region with largest share:
North America is projected to hold the largest market share during the forecast period due to the demand for security solutions is rising due to the increasing use of connected devices and the internet of Things in a range of local businesses. Additionally, it is anticipated that the number of security solution providers in the U.S. will increase in the forecasted period. Therefore, the North America is expected to grow significantly in the forecasted period.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period as several companies are introducing advanced technologies in countries such as China with significant potential in terms of technology adoption, digitization, and government support to boost yearly outputs. For instance, in order to maximize its production capacity and reach an annual output of 50,00 tonnes of rolled copper strip and foil production, Northern Copper Industry Co. Ltd, a company based in China, producer of raw material copper stock, selected ABB to implement an automation and electrical system that included an ABB Ability System 800xA distributed control system (DCS). Therefore, it is driving the market growth in the region.
Key players in the market
Some of the key players in Industrial Control Systems (ICS) Security market include ABB, Airbus, Applied security, BAE Systems, Belden, Check Point, Cisco, Claroty, Cyberark, Cyberbit, DarkTrace, Dragos, Fireeye, Forescout, Fortinet, Honeywell, Kaspersky Labs, Lockheed Martin, Nozomi Networks and Palo Alto
Key Developments:
In May 2024, ABB expands electrification portfolio with acquisition of Siemens’ Wiring Accessories business in China. The offering ABB is acquiring includes wiring accessories, smart home systems, smart door locks and further peripheral home automation products, which will continue with the Siemens brand under terms of a licensing agreement.
In May 2024, ABB and Niedax Group to create joint venture to meet growing demand for cable tray systems in North America. The plan is to deliver advanced solutions and services to electrical contractors, distributors and systems integrators across the United States, Canada and Mexico.
In May 2024, BAE Systems has signed a contract with the Swedish Defense Materiel Administration, FMV, for new CV9035 MkIIIC vehicles, as well as associated integrated logistic support. The contract will provide the opportunity for other nations to join in the procurement of CV90MkIIICs.
Types Covered:
• Network Security Solutions
• Endpoint Security Solutions
• Application Security Solutions
• Data Security Solutions
• Identity and Access Management (IAM) Solutions
• Security Information and Event Management (SIEM) Solutions
• Backup and Recovery Solutions
• Configuration and Change Management Solutions
• Incident Response Solutions
• Compliance Management Solutions
• Other Types
Services Covered:
• Intrusion Detection & Prevention Systems
• Firewalls & Virtual Private Networks
• Antivirus/Anti-Malware
• Endpoint Detection and Response
• Application Whitelisting & Web Application Firewalls (WAF)
• Code Review Tools
• Data Encryption & Data Loss Prevention
• Authorization & Authentication
• Log Management & Disaster Recovery
• Configuration Management Tools
• Behavioral Analytics & Predictive Analytics
• Other Services
Systems Covered:
• Programmable Logic Controller (PLC)
• Supervisory Control and Data Acquisition (SCADA)
• Digital Combat Simulator (DCS)
• Other Systems
Applications Covered:
• Electric Power Transmission & Distribution
• Power Generation
• Water & Wastewater Treatment Plants
• Automotive Manufacturing
• Highways & Intelligent Transportation Systems (ITS)
• Maritime & Ports
• Drug Manufacturing & Production
• Industrial Wastewater Treatment Facilities
• Other Applications
End Users Covered:
• Healthcare
• Defense & Aerospace
• Building Automation Systems
• Mining & Metals
• Food & Beverage
• Pharmaceuticals
• Oil & Gas
• Energy & Utilities
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Industrial Control Systems (ICS) Security Market, By Type
5.1 Introduction
5.2 Network Security Solutions
5.3 Endpoint Security Solutions
5.4 Application Security Solutions
5.5 Data Security Solutions
5.6 Identity and Access Management (IAM) Solutions
5.7 Security Information and Event Management (SIEM) Solutions
5.8 Backup and Recovery Solutions
5.9 Configuration and Change Management Solutions
5.10 Incident Response Solutions
5.11 Compliance Management Solutions
5.12 Other Types
6 Global Industrial Control Systems (ICS) Security Market, By Service
6.1 Introduction
6.2 Intrusion Detection & Prevention Systems
6.3 Firewalls & Virtual Private Networks
6.4 Antivirus/Anti-Malware
6.5 Endpoint Detection and Response
6.6 Application Whitelisting & Web Application Firewalls (WAF)
6.7 Code Review Tools
6.8 Data Encryption & Data Loss Prevention
6.9 Authorization & Authentication
6.10 Log Management & Disaster Recovery
6.11 Configuration Management Tools
6.12 Behavioral Analytics & Predictive Analytics
6.13 Other Services
7 Global Industrial Control Systems (ICS) Security Market, By System
7.1 Introduction
7.2 Programmable Logic Controller (PLC)
7.3 Supervisory Control and Data Acquisition (SCADA)
7.4 Digital Combat Simulator (DCS)
7.5 Other Systems
8 Global Industrial Control Systems (ICS) Security Market, By Application
8.1 Introduction
8.2 Electric Power Transmission & Distribution
8.3 Power Generation
8.4 Water & Wastewater Treatment Plants
8.5 Automotive Manufacturing
8.6 Highways & Intelligent Transportation Systems (ITS)
8.7 Maritime & Ports
8.8 Drug Manufacturing & Production
8.9 Industrial Wastewater Treatment Facilities
8.10 Other Applications
9 Global Industrial Control Systems (ICS) Security Market, By End User
9.1 Introduction
9.2 Healthcare
9.3 Defense & Aerospace
9.4 Building Automation Systems
9.5 Mining & Metals
9.6 Food & Beverage
9.7 Pharmaceuticals
9.8 Oil & Gas
9.9 Energy & Utilities
9.10 Other End Users
10 Global Industrial Control Systems (ICS) Security Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 ABB
12.2 Airbus
12.3 Applied security
12.4 BAE Systems
12.5 Belden
12.6 Check Point
12.7 Cisco
12.8 Claroty
12.9 Cyberark
12.10 Cyberbit
12.11 DarkTrace
12.12 Dragos
12.13 Fireeye
12.14 Forescout
12.15 Fortinet
12.16 Honeywell
12.17 Kaspersky Labs
12.18 Lockheed Martin
12.19 Nozomi Networks
12.20 Palo Alto
List of Tables
1 Global Industrial Control Systems (ICS) Security Market Outlook, By Region (2022-2030) ($MN)
2 Global Industrial Control Systems (ICS) Security Market Outlook, By Type (2022-2030) ($MN)
3 Global Industrial Control Systems (ICS) Security Market Outlook, By Network Security Solutions (2022-2030) ($MN)
4 Global Industrial Control Systems (ICS) Security Market Outlook, By Endpoint Security Solutions (2022-2030) ($MN)
5 Global Industrial Control Systems (ICS) Security Market Outlook, By Application Security Solutions (2022-2030) ($MN)
6 Global Industrial Control Systems (ICS) Security Market Outlook, By Data Security Solutions (2022-2030) ($MN)
7 Global Industrial Control Systems (ICS) Security Market Outlook, By Identity and Access Management (IAM) Solutions (2022-2030) ($MN)
8 Global Industrial Control Systems (ICS) Security Market Outlook, By Security Information and Event Management (SIEM) Solutions (2022-2030) ($MN)
9 Global Industrial Control Systems (ICS) Security Market Outlook, By Backup and Recovery Solutions (2022-2030) ($MN)
10 Global Industrial Control Systems (ICS) Security Market Outlook, By Configuration and Change Management Solutions (2022-2030) ($MN)
11 Global Industrial Control Systems (ICS) Security Market Outlook, By Incident Response Solutions (2022-2030) ($MN)
12 Global Industrial Control Systems (ICS) Security Market Outlook, By Compliance Management Solutions (2022-2030) ($MN)
13 Global Industrial Control Systems (ICS) Security Market Outlook, By Other Types (2022-2030) ($MN)
14 Global Industrial Control Systems (ICS) Security Market Outlook, By Service (2022-2030) ($MN)
15 Global Industrial Control Systems (ICS) Security Market Outlook, By Intrusion Detection & Prevention Systems (2022-2030) ($MN)
16 Global Industrial Control Systems (ICS) Security Market Outlook, By Firewalls & Virtual Private Networks (2022-2030) ($MN)
17 Global Industrial Control Systems (ICS) Security Market Outlook, By Antivirus/Anti-Malware (2022-2030) ($MN)
18 Global Industrial Control Systems (ICS) Security Market Outlook, By Endpoint Detection and Response (2022-2030) ($MN)
19 Global Industrial Control Systems (ICS) Security Market Outlook, By Application Whitelisting & Web Application Firewalls (WAF) (2022-2030) ($MN)
20 Global Industrial Control Systems (ICS) Security Market Outlook, By Code Review Tools (2022-2030) ($MN)
21 Global Industrial Control Systems (ICS) Security Market Outlook, By Data Encryption & Data Loss Prevention (2022-2030) ($MN)
22 Global Industrial Control Systems (ICS) Security Market Outlook, By Authorization & Authentication (2022-2030) ($MN)
23 Global Industrial Control Systems (ICS) Security Market Outlook, By Log Management & Disaster Recovery (2022-2030) ($MN)
24 Global Industrial Control Systems (ICS) Security Market Outlook, By Configuration Management Tools (2022-2030) ($MN)
25 Global Industrial Control Systems (ICS) Security Market Outlook, By Behavioral Analytics & Predictive Analytics (2022-2030) ($MN)
26 Global Industrial Control Systems (ICS) Security Market Outlook, By Other Services (2022-2030) ($MN)
27 Global Industrial Control Systems (ICS) Security Market Outlook, By System (2022-2030) ($MN)
28 Global Industrial Control Systems (ICS) Security Market Outlook, By Programmable Logic Controller (PLC) (2022-2030) ($MN)
29 Global Industrial Control Systems (ICS) Security Market Outlook, By Supervisory Control and Data Acquisition (SCADA) (2022-2030) ($MN)
30 Global Industrial Control Systems (ICS) Security Market Outlook, By Digital Combat Simulator (DCS) (2022-2030) ($MN)
31 Global Industrial Control Systems (ICS) Security Market Outlook, By Other Systems (2022-2030) ($MN)
32 Global Industrial Control Systems (ICS) Security Market Outlook, By Application (2022-2030) ($MN)
33 Global Industrial Control Systems (ICS) Security Market Outlook, By Electric Power Transmission & Distribution (2022-2030) ($MN)
34 Global Industrial Control Systems (ICS) Security Market Outlook, By Power Generation (2022-2030) ($MN)
35 Global Industrial Control Systems (ICS) Security Market Outlook, By Water & Wastewater Treatment Plants (2022-2030) ($MN)
36 Global Industrial Control Systems (ICS) Security Market Outlook, By Automotive Manufacturing (2022-2030) ($MN)
37 Global Industrial Control Systems (ICS) Security Market Outlook, By Highways & Intelligent Transportation Systems (ITS) (2022-2030) ($MN)
38 Global Industrial Control Systems (ICS) Security Market Outlook, By Maritime & Ports (2022-2030) ($MN)
39 Global Industrial Control Systems (ICS) Security Market Outlook, By Drug Manufacturing & Production (2022-2030) ($MN)
40 Global Industrial Control Systems (ICS) Security Market Outlook, By Industrial Wastewater Treatment Facilities (2022-2030) ($MN)
41 Global Industrial Control Systems (ICS) Security Market Outlook, By Other Applications (2022-2030) ($MN)
42 Global Industrial Control Systems (ICS) Security Market Outlook, By End User (2022-2030) ($MN)
43 Global Industrial Control Systems (ICS) Security Market Outlook, By Healthcare (2022-2030) ($MN)
44 Global Industrial Control Systems (ICS) Security Market Outlook, By Defense & Aerospace (2022-2030) ($MN)
45 Global Industrial Control Systems (ICS) Security Market Outlook, By Building Automation Systems (2022-2030) ($MN)
46 Global Industrial Control Systems (ICS) Security Market Outlook, By Mining & Metals (2022-2030) ($MN)
47 Global Industrial Control Systems (ICS) Security Market Outlook, By Food & Beverage (2022-2030) ($MN)
48 Global Industrial Control Systems (ICS) Security Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
49 Global Industrial Control Systems (ICS) Security Market Outlook, By Oil & Gas (2022-2030) ($MN)
50 Global Industrial Control Systems (ICS) Security Market Outlook, By Energy & Utilities (2022-2030) ($MN)
51 Global Industrial Control Systems (ICS) Security Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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