Critical Infrastructure Protection Market By Component, By Industry, and By Region-Forecast 2022-2030 | By SDKI

The critical infrastructure protection market is estimated to reach US $ 220.73 billion by 2030 from a market value of US $ 142.04 billion in 2022 and is expected to grow at a CAGR of 6.50% during the 2022-2030 forecast period. ..

Critical infrastructure protection means protecting the critical infrastructure of the region, such as transportation, agriculture, and food. Globally, all governments in the country are responsible for protecting these critical infrastructures from natural disasters, terrorist attacks, or cyber threats. Critical infrastructure organizations need to adopt a powerful architecture that can predict and mitigate disasters across critical infrastructure environments. Critical infrastructure protection helps you prepare for and respond to catastrophic incidents that affect your critical infrastructure environment, and protect your enterprise from an ever-growing variety of threats.

Threats of physical systems and insider attacks, increased investment by major economies in smart grid technology, and increased security breaches and cyberattacks targeting companies in various industries are critical infrastructure protection market growth during the forecast period Is the main factor that promotes. In addition, the adoption of cloud computing in critical infrastructure protection and technological advances have created favorable opportunities for the growth of critical infrastructure protection markets during the forecast period. However, the complexity of deploying security infrastructure, lack of technical expertise, and awareness of critical infrastructure protection can hinder the growth of critical infrastructure protection markets during the forecast period.

Increasing technological advances in VR / AR (Virtual Reality / Augmented Reality) artificial intelligence (AI), 5G, IoT, cloud computing, etc. are notable factors driving market growth. According to the United Nations Conference on Trade and Development (UNCTAD), there are 8.4 billion IoT devices worldwide, and the IoT market will account for US $ 130 billion in 2018 and is estimated to reach US $ 1.5 trillion by 2025. In 2019, global ICT exports (% of total exports) were 11.536, with the United States accounting for 8.7%, followed by Japan at 8%. In addition, the growth of active Internet users in the world has reached about 60% of the world’s population, further driving the growth of the market. By the end of December 2020, the total number of active Internet users worldwide was approximately 4.3 billion. These factors are also projected to create favorable business opportunities for market players and are expected to further boost market growth over the next few years.

Critical infrastructure protection market segment

The critical infrastructure protection market is divided by component (security technology and services), industry (energy and power, transportation systems and confidentiality, infrastructure and enterprise), and by region. These segments are further subsegmented based on a variety of factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional overview of critical infrastructure protection market

The critical infrastructure protection market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, UK, and other Europe), Asia Pacific (China, Japan, India, Australia, Singapore, and others). Asia Pacific) and other regions.

North America has the largest share of the world’s critical infrastructure protection market. This is due to the massive adoption of CIP in the United States, the growing concern about security and security in IT infrastructure, and the increasing adoption of smart grids. The Asia-Pacific region, on the other hand, is the fastest growing region of the world’s critical infrastructure protection market. This is due to factors such as the continued growth of mobile workers, increasing business complexity, and the unregulated nature of the Internet.

A major key player in the critical infrastructure protection market

Key players in the critical infrastructure protection market include Bae Systems General Dynamics, Honeywell, Lockheed Martin, Northrop Grumman, Raytheon, Airbus, Hexagon AB, Johnson Controls and Thales Group. The study includes a detailed competitive analysis of these key companies in the critical infrastructure protection market, corporate profiles, recent developments, and key market strategies.

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