June 30, 2020

Detailed Analysis On Impact Of COVID-19 On Industrial Control Systems (ICS) Security Market

The Global Industrial Control Systems (ICS) Security Market is anticipated to reach USD 18.03 by 2023, exhibiting a healthy CAGR of 6.45% from 2020-2026. Rising trend of replacing conventional vehicles with electric vehicles, growing attacks on industrial computer systems and rise in the number of cyber threats on the critical infrastructure are the key factors driving the market growth.

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ICS systems comprise supervisory control and data acquisition (SCADA) systems, and other modules such as PLC are found across all industrial sectors. Control systems usually found in industries such as electric and water distribution plants, oil & natural gas plants and transportation and chemical industries. Adding further, it encompasses pharmaceutical, food & beverages and pulp and paper industries. The purpose of SCADA systems is used generally to regulate production systems thus offering regulatory control. PLCs are primarily used for discrete control in particular applications that prove vital to the critical infrastructure that are mostly connected and inter-dependent.

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