Critical Infrastructure Protection Market Overview
The critical infrastructure protection market is showing possibilities of registering 15% CAGR during the forecast period of 2018 to 2023. Market Research Future (MRFR) identifies several factors that can influence the global outcome by 2023. Among them, security threats related to a terrorist attack, cyber breaches, and others are prominent influencers. Countries are also worried about attacks on these sites to weaken the government, owing to which they are developing new plans. High investment in smart grid technologies, the rising impact of e-commerce sites, and the inclusion of cloud services are expected to inspire the global critical infrastructure protection (CIP) market growth.
Critical Infrastructure Protection Market Segmentation:
The global report on the critical infrastructure protection market has been studied by MRFR analysts based on a segmentation that includes technology, service, and vertical. These segments reveal data that help in making a comprehensive study of the global critical infrastructure protection market.
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By technology, the report on the critical infrastructure protection market has been segmented into cybersecurity and physical security.
By service, the study of the critical infrastructure protection market includes risk management services, managed services, consulting services, and maintenance & support services.
By vertical, the report with details of the critical infrastructure protection market includes discussions on energy & power, transportation services, and sensitive infrastructures & enterprises. The transportation systems include railway infrastructures, seaports, highways and bridges, and airports. The energy and power comprise oil & gas, power generation, and power grids. The sensitive infrastructures and enterprises cover industries like communication systems, BFSI, stadiums and public places, chemical and manufacturing, and government facilities.
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Critical Infrastructure Protection Market Key Players:
The global critical infrastructure protection (CIP) market is getting backed by various strategic implementations of companies like General Dynamics Corporation (US), BAE Systems (UK), Lockheed Martin Corporation (US), Honeywell International Inc. (US), Raytheon Company (US), Northrop Grumman Corporation (US), Hexagon AB (Sweden), Johnson Controls International PLC (Republic of Ireland), Airbus Group SE (Netherlands), Teltronic S.A. (Spain), Thales Group (France), Motorola Solutions, Inc. (US), McAfee, Inc. (U.S.), OptaSense (UK), Axis Communications AB (U.S.), Huawei Technologies IBMCo., Ltd. (China), IBM Corporation (U.S.), Robert Bosch (Germany), and Symantec Corporation (U.S.).
Critical Infrastructure Protection Market Regional Analysis:
North America has the largest critical infrastructure protection market share as the US from the region is investing much in the field. Most of the companies involved in the market are also from the region.
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