Rising the adoption of critical infrastructure protection among the enterprises to protect their infrastructure from cyber-attack, hence boosting the market's growth. Increasing the need to secure and protect critical data is driving the growth of the critical infrastructure protection market. Growing awareness about data security and data privacy is the rising adoption of critical infrastructure protection that is augmenting the market's growth. Increasing the implementation of cloud-based services and government regulations and practices for the safety of a nation is further booming the growth of the market.
MARKET SCOPE
The "Global Critical Infrastructure Protection Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the critical infrastructure protection market with detailed market segmentation by component, solution, industry, and geography. The report provides key statistics on the market status of the leading critical infrastructure protection market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- ?Based on component, the market is segmented into hardware, software, and services.?Based on solution, the market is segmented into physical safety and network security and cybersecurity.?Based on industry, the market is segmented into BFSI, government and defense, energy, and others.
Drivers
- ?An increasing number of cyber threats and security breaches is the major driver of the critical infrastructure protection market.?The growing adoption of IoT and the rising need to protect and secure data is accelerating the growth of the critical infrastructure protection market. ?The emergence of advanced cyber-attacks and the growing requirement of effective cybersecurity solutions which booming the growth of the critical infrastructure protection market.?Need to protect government, financial, transport, energy, and other critical infrastructure operations is a growing demand for the critical infrastructure protection market.?Rising concern about the safety and security of data and reducing the risk of data theft is expected to drive the growth of the critical infrastructure protection market.
- ?High procurement costs may hinder the growth of the critical infrastructure protection market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The critical infrastructure protection market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the critical infrastructure protection market in these regions.
IMPACT OF COVID-19 ON CRITICAL INFRASTRUCTURE PROTECTION MARKET
COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the critical infrastructure protection market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the critical infrastructure protection market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the critical infrastructure protection market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ?AO Kaspersky Lab?BAE Systems?Cisco Systems, Inc.?General Dynamics Mission Systems, Inc.?Hexagon?Honeywell International Inc.?Huawei Technologies Co., Ltd.?McAfee, LLC?Raytheon Technologies Corporation?Thales Group