Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 143.98 Billion | USD 214.93 Billion | 4.1% | 2023 |
According to the report published by Zion Market Research, the global Critical Information Protection Market size was valued at USD 143.98 Billion in 2023 and is predicted to reach USD 214.93 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.1% during the forecast period. The report analyzes the global Critical Information Protection Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Critical Information Protection industry.
The critical information protection infrastructure consists of a computer system that can be the target of industrial surveillance, threats, and politically motivated disruptions. Nuclear energy, railways, water supply, and power grid are the infrastructure that requires protection from cyber-attacks. Attacks on these infrastructures can threaten public safety, may cause loss of life, environmental disasters, and attack national security. Critical information protection is implemented to protect regional vital infrastructures. Moreover, it assists the government authorities and organizations to paramount security in all critical infrastructures that are of the highest standards in regard to response, preparedness, and recovery as the top priorities.
Cybersecurity of assets of the country is important especially with growing digitalization across the globe. The increasing concerns for the more advanced threats like cutting populations off from transportation, power, clean water, and emergency supplies are thereby disturbing the nation and economy. These are the few major reasons that are significantly driving the global critical information protection market. Strong cybersecurity in the organization analyzes and identifies the potential threats and mitigates them efficiently. The global critical information protection market ensures the safety of the organization and the uninterrupted functioning of the critical infrastructure.
In addition to securing the physical assets of a nation like nuclear services, it also protects the virtual assets of a nation like a defense blueprint. The growing cyber-attacks have created the demand for advanced cyber security solutions which in turn, also boost the growth of the global critical information protection market.
Moreover, the rapidly growing cloud and interconnected network architecture are assisting organizations and governments to secure the growing cybercrime by curbing the threat vulnerabilities. The advancing capabilities of adversaries to assist in penetrating the controlling systems in all areas have also bolstered the growth of the global critical information protection market. The increasing investments to improve the global market is anticipated to fuel the growth of the global critical information protection market.
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The global critical information protection market can be segmented into end-users, services, solutions, and regions.
By end-users, the market can be segmented into transportation, IT & telecom, government & defense, commercial sector, chemicals & manufacturing, energy & power, BFSI, and others. The energy & power segment accounts for the largest share in the global critical information protection market due to the emergence of the smart grid that significantly boosted the applications of critical information protection solutions. The transportation segment is also anticipated to witness huge growth owing to the rapid proliferation of the automobile segment. Transportation facilitates a quick, secure, and safe moment for the people and commodities within countries and overseas too.
By services, the market can be segmented into training & support services, risk management services, managed services, and consulting services. The consulting services segment holds hegemony over others owing to the comprehensive assessment services through expert advice.
By solutions, the market can be segmented into cybersecurity and physical safety & security. The physical safety & security segment accounts for the largest share as it facilitates the protection of physical assets like premises, programs, hardware, and many others.
Report Attributes | Report Details |
---|---|
Report Name | Critical Information Protection Market |
Market Size in 2023 | USD 143.98 Billion |
Market Forecast in 2032 | USD 214.93 Billion |
Growth Rate | CAGR of 4.1% |
Number of Pages | 195 |
Key Companies Covered | TRL Technology Ltd, Northrop Grumman Corporation, Leonardo SpA, Lockheed Martin Corporation, IBM Corporation, Intel Corporation, DXC Technology Company, Booz Allen Hamilton Inc., Raytheon Company, Honeywell International Inc., General Dynamic Corporation, BAE System Plc, 3xLogic, Tyco International, SCADAfence, Waterfall Security Solutions, Axis Communications, Motorola Solutions, Airbus, Thales Group, Johnson Controls International plc, and Motorola Solutions, Inc |
Segments Covered | By End-Users, By Services, By Solutions, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global critical information protection market due to the presence of strong economies like the US and Canada. Moreover, the presence of prominent market players in the region further boosts the growth of the segment.
Asia Pacific is anticipated to grow significantly during the forecast period owing to the proliferation of technology in the defense and industrial areas.
Some of the significant players in the global critical information protection market are
The Global Critical Information Protection Market segments are as follows:
By End-Users
By Services
By Solutions
What Reports Provides
FrequentlyAsked Questions
Cybersecurity of assets of the country is important especially with growing digitalization across the globe. The increasing concerns for the more advanced threats like cutting populations off from transportation, power, clean water, emergency supplies are thereby disturbing the nation and economy. These are the few major reasons that are significantly driving the global critical information protection market. Strong cybersecurity in the organization analyzes & identifies the potential threats and mitigates them efficiently.
Some of the significant players in the global critical information protection market are TRL Technology Ltd, Northrop Grumman Corporation, Leonardo SpA, Lockheed Martin Corporation, IBM Corporation, Intel Corporation, DXC Technology Company, Booz Allen Hamilton Inc., Raytheon Company, and Honeywell International Inc.
North America accounts for the largest share in the global critical information protection market due to the presence of strong economies like the US and Canada. Moreover, the presence of prominent market players in the region further boosts the growth of the segment.
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