Critical Infrastructure Protection Market Overview:
Critical Infrastructure Protection (CIP) is a concept that refers to the need to protect the infrastructure that is vital to the functioning of a society 12, including facilities and networks associated with the provision of water, food, energy, transportation and communication services. This infrastructure may be targeted intentionally or unintentionally, through cyber-attacks, natural disasters, or other events that threaten the stability and reliability of the infrastructure.
Critical Infrastructure Protection Market Share is Predicted to Reach US$ 164.5 Billion by 2030 Registering a CAGR of 4.20%
CIP involves a range of measures to prevent, mitigate and respond to threats to critical infrastructure, including risk assessment, vulnerability detection, incident management response and recovery planning. The protection of critical infrastructure is often the responsibility of governments and public-private partnerships, and is a critical component of national security strategy.
The global critical infrastructure protection market is projected to witness a rapid growth during the forecast period. Increasing emergence of cloud-based technologies is a major factor driving the growth of the market. Moreover, increasing demand for critical infrastructure protection across various industry verticals such as BFSI, healthcare, manufacturing, retail and IT & telecommunications is fueling the growth of the global market.
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In the global critical infrastructure protection market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to the growing adoption of cloud computing technologies and increasing deployment of businesses over cloud across different countries in the region.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Critical Infrastructure Protection Market Research Report-Forecast to 2027”.
Critical Infrastructure Protection Market Segmentation:
The critical infrastructure protection market is divided into the following segments:
- Based on the technology
- Based on the service
- Based on the vertical
Based on the technology, the market is further segmented into the following:
- Cybersecurity
- Physical security
Though each of the two has an integral part in the market, the segment that tends to dominate is the cybersecurity segment
Based on the service
Based on the service, the Critical Infrastructure Protection Market is further segmented into the following:
- Managed services
- Consulting services
- Maintenance & support services
- Risk management services
Based on industry vertical
Based on the industry vertical, the market has the following subtypes:
- The energy and power segment is further classified as Oil and gas, power grids, and power generation.
- The sensitive infrastructure segment is segmented into chemical and manufacturing, government facilities, communication systems, BFSI and stadiums, and public places.
Transportation services
The transportation services are further divided into railway infrastructures, highways and bridges, airports, and seaports.
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Some of the prominent players in the global critical infrastructure protection market: BAE Systems (UK), General Dynamics Corporation (US), Honeywell International Inc. (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Company (US), Airbus Group SE (Netherlands), Hexagon AB (Sweden), Johnson Controls International PLC (Republic of Ireland), Thales Group (France), Teltronic S.A. (Spain), OptaSense (UK), Motorola Solutions, Inc. (US), Huawei Technologies Co., Ltd. (China), Axis Communications AB (U.S.), Robert Bosch (Germany), IBM Corporation (U.S.), McAfee, Inc. (U.S.) and Symantec Corporation (U.S.).
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