Industrial Control Systems (ICS) Security Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020
Increased instances of threats and attacks on critical industrial infrastructure are expected to play a pivotal role in the high growth of the ICS market over the next six years. Growing demand for remote control monitoring and process automation has made the existing infrastructure vulnerable to attacks by cyber criminals and hackers, which has significantly compromised the integrity of critical information. Robust ICS security solutions have been adopted by companies belonging to different industry verticals such as power, energy & utilities, chemical & manufacturing, and transportation in order to address the need for safeguarding processes and critical infrastructure.
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In order to counter threats such as Stuxnet, Night Dragon, Flame, and Duqu, several industries including transportation, utility, power, and energy have adopted ICS security systems. Intelligent security solutions help in integrating, collecting, and analyzing the network through the data obtained from their Supervisory
Control
and
Data
Acquisition
(SCADA)
networks
and
grids.Presence of conventional control systems more prone to cyber threats as compared to their modern counterparts, and is expected to significantly hinder market growth. The ICS market is expected to be restrained by lack of skilled personnel for implementing and troubleshooting these control systems.
Merger & acquisition activity among ICS industry players has garnered significant momentum for gaining market stranglehold. Some of the prominent M&A activities include IBM’s acquisition of Trusteer and Sourcefire, Lockheed Martin’s acquisition of Industrial Defender, Intel’s acquisition of McAfee and Schneider’s acquisition of Invensys. Companies such as Industrial Defender offer unique solutions to monitor, manage, and protect vulnerable automation systems against external threats. Other prominent players in the ICS market include Airbus Group, Cisco Systems, Honeywell, and Juniper Networks.
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