Industrial Cybersecurity Software & Services

by Jared Weiner, with Chris Rommel, July 2019

Inside This Report
This market will attain an annual growth rate of nearly 14.9% through 2023, nearly doubling by the end of the forecast period. Among the key factors that will shape the growth of this market in the coming years is the continued maturation of operators with regard to cybersecurity practices. Regulatory bodies and other standards organizations play a key role in driving security awareness and best practices among industrial organizations and the security providers that serve them. The energy/power segment was the leading source of revenue in 2018, generating more than 30% of software⁢related revenue and nearly 60% of revenue from services. Infrastructure projects in emerging nations will provide suppliers with a significant opportunity for revenue growth.

Vendors listed in this report:
ABB, Claroty, Cyberbit, Dragos, Emerson, ESET, FireEye, Honeywell, Indegy, McAfee, Nozomi Networks, Palo Alto Networks, PAS, Rockwell Automation, Schneider Electric, SecurityMatters, Sentryo, Siemens, Symantec, Verve Industrial Protection, Yokogawa