Critical Infrastructure Protection (CIP) Market - Size, Trends, Growth, Industry Analysis, Share and Forecast to 2023

Critical Infrastructure Protection (CIP) Market: by Technology (Cyber Security, Physical Security), Service (Consulting, Managed, Risk Management, Maintenance & Support), Vertical (Transportation Services, Energy & Power) – Forecast till 2023

Market Scenario:

Critical infrastructure protection refers to responding to serious incidents that involve critical infrastructure of a particular region. The critical infrastructure protection includes assessments of protection, vulnerability, risk, and mitigation. Rise in security breaches and cyber-attacks are majorly driving the growth of the Critical Infrastructure Protection (CIP) Market

Technology giants such as BAE Systems, General Dynamics Corporation, Honeywell International Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, IBM, and Huawei Technologies are some of the major players in the Critical Infrastructure Protection (CIP) Market. BAE Systems entered the critical infrastructure market in 2012 to strengthen and protect critical and public infrastructure including buildings, bridges, and pipelines. The company provides security solutions such as access control, perimeter protection, lighting management, video analytics, biometric identification, intelligent surveillance, intrusion detection and alarm panels, and CCTV and video management. The company focuses on designing critical infrastructure protections for different asset types and different market expectations.

Increasing demand for mobile applications and growing popularity of e-commerce and increasing implementation of cloud based services for business processes are other major factors driving the growth of the global Critical Infrastructure Protection (CIP) Market. Furthermore, increasing awareness regarding security and surveillance is boosting the growth of the market. High investments in smart grid technologies is another major factor driving the growth of critical infrastructure market.

The global Critical Infrastructure Protection (CIP) Market is expected to grow at a CAGR of approximately 15% during the forecast period 2018-2023.

Segmentation:

The global Critical Infrastructure Protection (CIP) Market is segmented on the basis of technology, service, and vertical. The service segment is classified as consulting services, managed services, risk management services, and maintenance and support services. However, the managed services are expected to hold the largest market share of the Critical Infrastructure Protection (CIP) Market. Critical infrastructure protections offer various benefits to the businesses at low costs owing to the increasing deployment of the cloud-based services.

Key Players

Some of the prominent players in the global Critical Infrastructure Protection (CIP) Market: BAE Systems (UK), General Dynamics Corporation (US), Honeywell International Inc. (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Company (US), Airbus Group SE (Netherlands), Hexagon AB (Sweden), Johnson Controls International PLC (Republic of Ireland), Thales Group (France), Teltronic S.A. (Spain), OptaSense (UK), Motorola Solutions, Inc. (US), Huawei Technologies Co., Ltd. (China), Axis Communications AB (U.S.), Robert Bosch (Germany), IBM Corporation (U.S.), McAfee, Inc. (U.S.) and Symantec Corporation (U.S.).

Market Research Analysis:

North America is estimated to account for the largest share of the market, whereas Europe market is projected to grow at the fastest rate during the forecast period. The North American market is witnessing a rapid growth due to technological advancements and increasing demand for mobile application development platforms across different industry verticals in this region. The U.S. holds the majority of the market share both in terms of revenue as well as the adoption of mobile applications.

Regional Analysis:

The global Critical Infrastructure Protection (CIP) Market is studied for Asia Pacific, North America, Europe, and Rest of the World.It has been observed that North America is estimated to account for the largest share of the market, whereas Europe is projected to grow at the fastest rate during the forecast period. The North American market growth is attributed to technological advancements and increased adoption of mobile devices enabled with NFC services across various industry verticals.

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Intended Audience

Technology Investors
Research/Consultancy firms
Technology Solution Providers
Government Bodies
CIP system and solution vendors
CIP software vendors
Independent software vendors
System integrators
Managed CIP service providers

LIST OF TABLES

Table 1 Global Critical Infrastructure Protection (CIP) Market: By Region, 2017-2023

Table 2 North America Critical Infrastructure Protection (CIP) Market: By Country, 2017-2023

Table 3 Europe Critical Infrastructure Protection (CIP) Market: By Country, 2017-2023

Table 4 Asia-Pacific Critical Infrastructure Protection (CIP) Market: By Country, 2017-2023

Table 5 Middle East & Africa Critical Infrastructure Protection (CIP) Market: By Country, 2017-2023

Continued……

LIST OF FIGURES

FIGURE 1 Global Critical Infrastructure Protection (CIP) Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Critical Infrastructure Protection (CIP) Market

FIGURE 4 Value Chain Of Global Critical Infrastructure Protection (CIP) Market

FIGURE 5 Share Of Global Critical Infrastructure Protection (CIP) Market In 2017, By Country (In %)

Continued…….

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