Critical Infrastructure Protection Market to Cross $159 Billion by 2022
Rising
deployment of automated solutions across various sectors coupled with
increasing government investments for development of smart grid technologies to
drive global critical infrastructure protection market through 2022
According to TechSci Research report, “Global
Critical Infrastructure Protection Market By Component, By Application, By
Region, Competition Forecast & Opportunities, 2012-2022, the global critical infrastructure market is projected to
surpass $ 159 billion by 2022. Demand for critical infrastructure protection
systems and solutions has been witnessing an increase due to rise in cyber and
physical threats, especially across power grids and other critical
infrastructures. Moreover, rising demand for advanced security solutions, increasing
initiatives by various governments for security of critical infrastructures across
the globe, is further expected to propel growth in the global critical infrastructure
protection (CIP) market during the forecast period. In 2016, the UK government announced release of its National
Cyber Security Strategy, with an aim to develop critical capabilities and drive
enhancements in cyber security as well as critical infrastructure.
Browse 100 market data Figures and 108 Tables spread
through 192 Pages and an in-depth TOC on "Global Critical
Infrastructure Protection Market" https://www.techsciresearch.com/report/global-critical-infrastructure-protection-market/2446.html
Energy & Power
sector dominates the global
critical infrastructure protection market on
the back of growing adoption of access control systems, cyber security
solutions and biometric systems, across various thermal power plants, power
grids, etc. North America accounted for the largest revenue share in the global critical infrastructure
protection market in 2016. The dominance of North America is backed by increasing government initiatives to meet the
demand for advanced security measures, rising awareness towards cyber threats
and rising adoption of mobile devices for professional & personal use across the region.
“Rising number of connected devices
coupled with increasing implementation of advanced security strategies and laws
by governments for minimizing physical and cyber threats as well as ensuring
privacy protection is boosting deployment of CIP systems and solutions across
the globe. Moreover, with increasing investments and adoption of Internet of
Things (IoT) infrastructure, rising smart city initiatives, along with rising
number of cyber-attacks on critical infrastructures, CIP demand is set to rise
during forecast period.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
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“Global Critical
Infrastructure Protection Market By Component, By Application, By Region,
Competition Forecast & Opportunities, 2012-2022” has evaluated the future growth
potential of global critical infrastructure protection market and provides
statistics and information on market size, structure and future market growth. The
report offers decision makers superior market intelligence, thereby enabling
them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market trends, drivers,
challenges and opportunities in the global critical infrastructure protection
market.
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