August 30, 2019

Smart Grid Cyber Security Market Size, Status and Forecast 2019-2025

Smart grid cyber security is the protection against serious cyber threats that affect the users in the smart grid network globally. Cyber security of the smart grid has been an area of concern for the power utility sector, due to frequent exchange of sensitive information that takes place via communication networks such as the internet, intranets, extranets, and corporate networks.

Growing electricity demand will increase the need to deploy smart grids for power supply, that additionally demand for smart meters that are used to read the power consumption rates. To protect the smart meters from cyber-attacks, there is increased adoption of smart grid cyber security solutions for consumption applications.

The Americas is witnessing steady deployment of smart grids that is influenced by the rise in electricity consumption and increasing number of smart grid projects in this region. Adoption of smart meters drives the need for the adoption of end-to-end cyber security solutions. Also, the increased support provided by the US government for the installation of smart grids by developing initiatives to protect the grid from cyber-attacks will drive the growth of the market in the region.

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In 2018, the global Smart Grid Cyber Security market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Smart Grid Cyber Security status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Grid Cyber Security development in United States, Europe and China.

The key players covered in this study

  • BAE Systems
  • IBM
  • IOActive
  • Lockheed Martin
  • AlertEnterprise
  • AlienVault
  • Black and Veatch
  • Cisco Systems
  • Intel (McAfee)
  • Entergy Services
  • HP
  • N-Dimension Solutions
  • Siemens
  • Eaton
  • Sophos
  • Sourcefire
  • Symantec
  • ViaSat
  • VeriSign
  • Honeywell International
  • N-Dimension Solutions
  • AlertEnterprise
  • Leidos
  • Sentryo

Market segment by Type, the product can be split into

  • Services
  • Solutions

Market segment by Application, split into

  • Consumption
  • Generation
  • Distribution and Control
  • Other

Market segment by Regions/Countries, this report covers

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

Reasons to Purchase this Report:

  • Estimates 2019-2025 Smart Grid Cyber Security market development trends with the recent trends and SWOT analysis.
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment.
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.

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