Critical Infrastructure Protection Market Overview:

The global 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 Market (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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The critical infrastructure protection market is divided into the following segments:

• Based on the technology
• Based on the service
• Based on the vertical

Based on the technology

Based on the technology, the market is further segmented into the following:

• Cybersecurity
• Physical security

Though each of the two has an integral part in the market, the segment that tends to dominate is the cybersecurity segment

Based on the service

Based on the service, the Critical Infrastructure Protection Market is further segmented into the following:

• Managed services
• Consulting services
• Maintenance & support services      
• Risk management services

Based on industry vertical

Based on the industry vertical, the market has the following subtypes:

• The energy and power segment is further classified as Oil and gas, power grids, and power generation.
• The sensitive infrastructure segment is segmented into chemical and manufacturing, government facilities, communication systems, BFSI and stadiums, and public places.
• Transportation services
• The transportation services are further divided into railway infrastructures, highways and bridges, airports, and seaports.

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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Critical Infrastructure Protection Market  Competitive Landscape:

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.).

Industry News:

In August 2020, the SBU Security Service of Ukraine and the National Police announced the development of common approaches to protect critical infrastructure facilities hat could suffer from possible sabotage and terror attacks. This is something the authorities have noted could become a problem as sites like these could be vulnerable to corruption abuse, terror attacks, sabotage, and unauthorized interference. A working meeting between SBU counterintelligence and National Police operatives revealed this and also provided notable solutions.

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In August 2020, Mocana, a company known as a developer of cybersecurity solutions that ensure IoT and operational technology in critical infrastructure, got a contract from the Air Force Phase II Small Business Innovation Research (SBIR) that demands advanced cyber protection for various military systems. This shows how vital the critical infrastructure protection cybersecurity market has become.

The contract is worth $1.5 million and is designed to set end-to-end digital supply chain security and provenance that would include software development for embedded systems. 

However, the global development regarding the critical infrastructure protection market may get affected due to the COVID-19 pandemic. This outbreak has stalled various projects and disrupted the flow of work. 

Key Points Covered in the Report:

• The Critical Infrastructure Protection research assesses the industry’s share in terms of demand and supply, as well as volume.
• The study mentions the market share acquired by each product category in terms of consumption value and volume.
• The report meticulously discusses financial records of cumulative sales and overall income gathered by each product category.
• The study includes information on the major organizations’ sales, product pricing methods, revenue shares, and gross margins.
• The operational base of the listed enterprises throughout many locations, as well as their distribution methods, is considered.
• There is also information on the market concentration ratio, partnerships, alliances, acquisitions, new rivals, and other significant changes. 

Major Points from TOC:

• Global Critical Infrastructure Protection Overview
• Executive Summary
• Production and Capacity by Region
• Production, Revenue, Price Trend by Type
• Key Players Analysis

Continued…

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