PUNE, India, June 13, 2016 /PRNewswire/ --
According to a new market research report "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", published by MarketsandMarkets, The Critical Infrastructure Protection Market size is estimated to grow from USD 102.47 Billion in 2016 to USD 144.82 Billion by 2021, at an estimated CAGR of 7.16% from 2016 to 2021.
Browse 88 market data Tables with 46 Figures spread through 159 Pages and in-depth TOC on "Critical Infrastructure Protection Market"
Early buyers will receive 10% customization on this report.
Government regulations & practices and increasing number of cyber threats are driving the implementation of CIP solutions and technologies. Organizations, whether public or private, are adopting technologies to protect their critical infrastructure against malicious objects, make quick response to block suspicious activity, and safeguard both cyber & physical systems.
Physical security technology to play a key role in the Critical Infrastructure Protection Market
Physical security technology is expected to have the largest market share in the Critical Infrastructure Protection Market during the forecast period as threats to physical assets, incidence of terrorist attacks, and government regulations have made it mandatory. Also, there has been increased budget allocation to implement physical security systems and technologies to secure properties, resources, and society.
Sensitive infrastructure and enterprises vertical contributes the maximum market share
The sensitive infrastructure and enterprises vertical which includes Banking, Financial Services, & Insurance (BFSI), government facilities & defense establishments, stadiums, holy places & public places, communication systems, and chemical & manufacturing sectors is expected to contribute the largest market share in the critical infrastructure protection market. As these subsegments are major contributors to a nation's infrastructures and the most critical assets present, the vertical has the largest share in the critical infrastructure protection market. The CIP solution allows such sensitive infrastructures to provide security and safety to their customers.
North America expected to contribute the largest market share; Middle East and Africa to grow the with the highest rate
North America is expected to hold the largest market share in the Critical Infrastructure Protection Market from 2016 to 2021, due to strong government regulations and best practices building many associations to take care of critical infrastructures, for example the North American Electric Reliability Corporation (NERC). Middle East and Africa is the fastest-growing region for the global Critical Infrastructure Protection Market due to growth in the number of sensitive infrastructures and organizations in the region. This in turn leads to high growth rate in security needs for their critical infrastructure so as to have resilience against cyber-attacks or block unauthorized access and threats/attacks.
Ask for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=988
The major vendors in the Critical Infrastructure Protection Market are BAE Systems, General Dynamics, Honeywell International Inc., Lockheed Martin, EMC Corporation, Raytheon, Airbus, Intergraph Corporation, Waterfall Security Solutions, and MacAfee, Inc.
Browse Related Reports
Airport and Marine Port Security Market by Security Technology, by Service (Facility and Asset Management, System Integration, Training and Consulting), by Infrastructure Type, by Region (NA, Europe, APAC, MEA, LA) - Global Forecast to 2025
MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets