Cyber security concerns have been most important for industrialists. In our day-to-day lives, the fast progress made by robotics is creating a strong automation effect on a wide-ranging range of grounds. With every passing day, the abilities of robotics have innovated from the installation of new control systems and manipulators, new sensors, and power supply systems. Robotic process automation (RPA) is growing in popularity in cybersecurity in robotics. Organizations are looking forward to investing in RPA to reduce threats by decreasing the responding time and detection of unfamiliar activities, increasing the growth of cyber security in the robotics market.
MARKET SCOPE
The "Global Cyber Security in Robotics 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 cyber security in robotics market with detailed market segmentation by component, application, and geography. The report provides key statistics on the market status of the leading cyber security in robotics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the market is segmented into solutions and services.
- Based on application, the market is segmented into industrial robot, medical robot, collaborative robot, defense robot, and others.
Drivers
- The demands for cybersecurity in the robotics market have increased by improvements in detection and response measures. With new software connected to sensors, actuators, and processors used for robotics, communication protocols have also introduced unknown cybersecurity risks.
- Machine Learning has become a key focus area of companies functioning in the cybersecurity in robotics market, as it empowers the robot to predict threats and witness the behavior differences with more accuracy. Artificial intelligence and Machine learning are also helpful for detecting and tracking active phishing sources.
- Lack of expertise may hinder the growth of the cyber security in robotics 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 cyber security in robotics 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 cyber security in robotics market in these regions.
IMPACT OF COVID-19 ON CYBER SECURITY IN ROBOTICS 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 cyber security in robotics 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 cyber security in robotics 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 cyber security in robotics 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.
- Akamai Technologies
- Alias Robotics S.L.
- Cloudflare, Inc.
- exida
- McAfee, LLC
- NTT DATA Corporation
- Radware
- SkyHopper
- TÜV Rheinland
- Xeliumtech Solutions Pvt. Ltd.