Drivers of Industrial Control Systems Market growth including regional trends, factors
driving multiple segments of XYZ industry and companies vying for a pie of the
market share and size are discussed at length in this new report by Global
Market Insights, Inc.
(ICS) Industrial Control
Systems Market size is anticipated to witness growth over the forecast
timeline, owing to the increasing number of security breaches and growing
implementation of cloud computing services in various industrial sectors. Need
for continuous network and traffic behavior monitoring in the industrial
sectors for identifying anomalies in networks pertaining to cyber-attacks is
offering significant growth opportunities for the ICS market.
The U.S. ICS market is expected to dominate the
industry owing to the presence of several security providers such as Cisco,
IBM, and CSC. MEA region is providing significant growth opportunities for the
industry due to the huge investments by government administrations in the
development of several security solutions such as DDoS, SCADA encryption,
anti-virus, firewall.
Request for an in-depth table of contents
for this report @ https://www.gminsights.com/request-toc/upcoming/1758
Increasing demand for digitization, connectivity and
innovative technologies are further contributing to the ICS market growth. The
ICS market has enormous potential to expand due to industrial internet,
enhanced operator experiences and user interface. Extensive investments by
industries in the R&D of industrial control systems, and growing smart grid
deployments for the protection of critical infrastructure from cyber-attacks
are creating significant growth opportunities for the ICS market growth. In
addition, growing demand for cloud services is offering high scope for the
industry. Organizations are continuously innovating solutions to help improvise
the control and monitoring techniques for the systems which is offering
real-time visibility to determine suspicious behavior and take required action.
As the frequency of cyber-attacks on critical infrastructure is increasing day
by day, the industry is anticipated to gain momentum over the coming years.
Due to the unavailability of authentication procedures
in many industries, protecting the ICS networks from both internal and external
threats is a major issue. During operational malfunctioning, it is challenging
to analyze whether it is being caused by human-error, security-breach or
machine failures. Factors such as lack of skilled professionals, and awareness
regarding industrial security solutions may hinder the industry growth. In
addition, high implementation expenses for ICS in industries is expected to
limit the growth of the ICS market.
The ICS market is segmented based on products, solutions,
services and end-users. Commonly used ICS products are process control systems
(PCS), distributed control system (DCS) and supervisory control and data
acquisition (SCADA). These solutions obtained the data from the end-point
equipment and show it in an arranged manner. Several businesses and government
administrations globally are using these systems to protect their
infrastructure from spammers, foreign intelligence, and terrorists, to stop
them from gaining control or altering the company infrastructures, thereby
propelling the ICS market growth.
SCADA solutions are providing operators real-time data
along with the capability for monitoring remote process over large distance.
They are suitable for industries such as oil & gas, power, energy, chemicals
where the facilities are located far away and operation is conducted remotely.
The SCADA segment is anticipated to gain momentum over the forecast timeframe
as it helps in gathering, monitoring and analyzing data with machine
interaction connected via human machine interface (HMI) software’s thereby
providing an impetus to the ICS market growth.
Based on solutions, the ICS market is classified into
data loss prevention, database activity monitoring, SCADA encryption, Firewall,
Antivirus, unified threat management (UTM), virtualization security and
distributed denial of services (DDoS). The data loss prevention software helps
in identifying potential security breaches and provides advanced threat
protection techniques with increased visibility and control while data base
activity monitoring is used for remotely monitoring and analyzing database
activities and is an essential tool for preventing attacks against sensitive
and confidential data bases. UTM solutions can perform multiple security
functions such as web filtering, application control, data loss prevention,
antivirus, VPN and reduces the complexity in networks, which is expected to
assist the ICS market growth over the forecast timeline.
End-users in the ICS market are customers from the
critical infrastructure industries such as oil & gas, power, energy,
manufacturing, chemical, nuclear. The ICS market is expected to show potential
growth opportunities in the oil & gas industry. The ICS solutions find wide
range of applications in exploration, extraction, maintenance and refining.
SCADA solutions are been used in exploration and maintenance in the oil &
gas industry. They are useful in finding formations below the ground before
drilling activity which can be analyzed to determine the drilling ground and
for maintaining the drill speed. While for maintenance these solutions are used
in inspection of pipeline, where the data is relayed back through industrial
control, by identifying the need of maintenance and speeding up the repair
process.
ICS market players are IBM
Corporation, ABB Group, Cisco Systems, Fortinet Inc., Juniper Networks Inc.,
EMC Corp., Kaspersky Lab, Microsoft Corp., CSC Corp., Hewlett-Packard Corp.,
Brocade Communications Systems, Lockheed Martin, and Symantec Corp. To expand
its services in data security and anti-malware solutions, companies are looking
for mergers & acquisitions in the ICS market. For instance, Cisco Systems
acquired Sourcefire, an intelligent cybersecurity solutions company to offer
constant advanced threat prevention along with development of advanced malware
protection and intrusion prevention systems. Lockheed Martin acquired
Industrial Defender, a cyber security solution firm to expand its operations in
the critical infrastructure industries such as oil & gas, chemical
industries.
This latest Industrial
Control Systems Market
research report offers in-depth analysis, key industry insights, market sizing
& forecast on a granular level for key products, applications across number
of regional markets. The report also analyzes the Industrial
Control Systems industry
from business strategy perspective, describing in detail growth drivers,
pitfalls &challenges for participants, accompanied by a detailed
competitive benchmarking including company market share analysis and detailed
business profiles.
Reasons to Buy This Report
•
Global Industrial Control Systems Market size & forecast by
product & application.
•
Growth drivers, pitfalls & industry challenges.
•
Key Industrial Control Systems Market growth opportunities &
emerging business models.
•
Competitive benchmarking with market share analysis and company
profiles.
About Global Market
Insights
Global Market Insights, Inc., headquartered in
Delaware, U.S., is a global market research and consulting service provider;
offering syndicated and custom research reports along with growth consulting
services. Our business intelligence and industry research reports offer clients
with penetrative insights and actionable market data specially designed and
presented to aid strategic decision making. These exhaustive reports are
designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy
and biotechnology.
Contact
Us:
Arun Hegde
Corporate Sales, USA
Global Market
Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
No comments:
Post a Comment