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Critical Infrastructure Protection Market (CIP) - 7.16% CAGR to 2021 Led by Maintenance & Support Services


News provided by

ReportsnReports

15 Jun, 2016, 16:45 GMT

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PUNE, India, June 15, 2016 /PRNewswire/ --

The worldwide critical infrastructure protection market size is to grow from USD 102.47 billion in 2016 to USD 144.82 billion by 2021, at a CAGR of 7.16% from 2016 to 2021 propelled by the factors such as government regulations and best practices and increase in the number of cyber threats and the maintenance and support service to gain the largest market share during the forecast period.

Complete report on global critical infrastructure protection market spread across 159 pages, profiling 10 companies and supported with 88 tables and 46 figures is now available http://www.reportsnreports.com/reports/252777-critical-infrastructure-protection-cip-market-network-security-physical-security-cip-radars-cbrne-detection-vehicle-identification-secure-communication-scada-security-building-management-global-advancements-market-forecasts-analysis-2013.html

The need for monitoring infrastructures is always there, especially for infrastructures such as oil and gas, smart grids, or nuclear reactors. As these infrastructures are very sensitive and vulnerable to factors such as temperature change, lack of proper operability, unauthorized access, terrorist attacks, their safety and security with proper time to time maintenance and support with best options are required in every phase. For which, maintenance and support service is estimated to gain the maximum market size during the forecast period.

Middle East and Africa is expected to grow at the highest rate during the forecast period as the region has a wide portfolio of applications across manufacturing and chemical industry; sensitive infrastructures such as stadiums, government facilities, manufacturing, banking facilities, historical monuments, holy places, and defense establishments; and is also expected to spend huge amounts on energy, transportation, and sensitive infrastructure projects.

The various critical infrastructure protection market key vendors profiled in this report such as BAE Systems, Lockheed Martin, Honeywell International Inc., EMC Corporation, General Dynamics, Raytheon, Airbus, Intergraph Corporation, Waterfall Security Solutions and MacAfee, Inc. Order a copy of Critical Infrastructure Protection Market by Security Technology (Network, Physical, Radars, CBRNE, Vehicle Identification, Secure Communication, SCADA, Building Management), by Service, by Vertical & by Region - Global Forecast to 2021 research report at http://www.reportsnreports.com/purchase.aspx?name=252777

In the process of determining and verifying, the global critical infrastructure protection market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (40%), Tier 2 (30%) and Tier 3 (30%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (68%), Directors Level (17%) and others (15%) from various key organizations operating in the global critical infrastructure protection market. The primary interviews were conducted worldwide covering regions such as North America (40%), APAC (40%) and Europe (20%).

On a related note, another research on Infrastructure Monitoring Market Global Trends & Forecast to 2020 says, the market is expected to reach USD 2.47billion by 2020, at a CAGR of 26.3% between 2015 and 2020. Civil Infrastructure expected to lead the end user segment of the infrastructural health monitoring during the forecast period. North America expected to hold the largest market share during the forecast period. The report covers four major regions of the world: North America, Europe, APAC, and RoW. . Companies like COWI A/S, AVTECH Software Inc., Acellent Technologies Inc., Geocomp Corp., Nova Metrix LLC, Advitam Group and BAE Systems have been profiled in this 160 pages research reports http://www.reportsnreports.com/reports/463568-infrastructure-monitoring-market-by-technology-wired-and-wireless-components-application-damage-detection-and-others-end-user-civil-aerospace-defense-energy-mining-and-others-and-geography-global-trends-forecast-to-2020.html

Explore more reports on the IT & telecommunication market at http://www.reportsnreports.com/market-research/information-technology/

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