MarkNtel Advisors – Leading Market Research Company found Asia-Pacific Industrial Control System Security Market is expected to reach 8.8% CAGR Growth By 2030.
This report provides a comprehensive analysis of the Asia-Pacific Industrial Control System Security Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Asia-Pacific Industrial Control System Security Market
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
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How much has the Asia-Pacific Industrial Control System Security Market grown in recent years?
The Asia-Pacific Industrial Control System Security Market is estimated to grow at a CAGR of around 8.8% during the forecast period, i.e., 2024-30. The rapid expansion and upgradation of industrial processes have necessitated a parallel advancement in monitoring and control systems, such as Supervisory Control and Data Acquisition (SCADA) systems. These systems have been crucial for collecting, storing, and analyzing data from various points within industrial setups. They have also been increasingly vital in supporting the growth of smart grid projects globally. In developing countries like India, Australia, etc., these solutions significantly enhance the capabilities of industrial control, helping to manage the complex demands of emerging smart infrastructures.
What fuels the growth for the Asia-Pacific Industrial Control System Security industry?
India, China, etc., have become hotspots for data breach incidents and industrial control systems are becoming prime targets due to their critical role in national & economic security. In recent years, the incidence rates of cyberattacks have been on a significant rise, prompted by technological advancements and increased connectivity in industrial environments. Thus, nations like Japan, South Korea, and Australia, which have large industrial bases have reported multiple cyber interruptions aimed at disrupting critical infrastructure operations.
These incidents have highlighted the urgent requirement for robust ICS security solutions to shield essential services like electricity, water supply, and public transportation from crippling cyberattacks. Hence, the rising prevalence of cybersecurity threats has positively supported the growth of the Asia-Pacific ICS Security Market during the historical years. Moreover, governments and private sector entities are increasingly prioritizing investments in advanced cybersecurity technologies and frameworks to safeguard their operational technologies (OT) from such threats. For instance,
- In 2024, the Chinese Ministry of Industry and Information revealed a strategy to enhance data security within the nation’s industrial realm. This reformative plan laid by the governing body targets the elimination of ‘major risks’ by the end of 2026 and encompasses measures like conducting emergency drills simulating ransomware assaults and providing data security training.
Hence, these efforts have resulted in the adoption of cutting-edge security solutions & the implementation of stringent regulatory requirements and guidelines for cybersecurity practices. Also, countries like Singapore, China, Australia, etc., have introduced specific cybersecurity laws that mandate critical infrastructure sectors to adopt enhanced security measures and conduct regular audits. Hence, with increasing governmental efforts to reduce the risks of cybersecurity attacks across industrial setups, the demand for ICS security solutions would escalate in the coming years.
What are the different Segment Available in the Asia-Pacific Industrial Control System Security Market?
By Type of Security
- End Point- Market Size & Forecast 2019-2030F, (USD Million)
- Network- Market Size & Forecast 2019-2030F, (USD Million)
- Application- Market Size & Forecast 2019-2030F, (USD Million)
- Content & Database- Market Size & Forecast 2019-2030F, (USD Million)
- Security Analytics- Market Size & Forecast 2019-2030F, (USD Million)
By Component
- Services
- Managed Security- Market Size & Forecast 2019-2030F, (USD Million)
- Support & Maintenance- Market Size & Forecast 2019-2030F, (USD Million)
- Incident Response- Market Size & Forecast 2019-2030F, (USD Million)
- Consulting & Integration- Market Size & Forecast 2019-2030F, (USD Million)
- Others- Market Size & Forecast 2019-2030F, (USD Million)
- Solutions
- Antivirus- Market Size & Forecast 2019-2030F, (USD Million)
- Firewall- Market Size & Forecast 2019-2030F, (USD Million)
- Intrusion Detection & Prevention- Market Size & Forecast 2019-2030F, (USD Million)
- Encryption- Market Size & Forecast 2019-2030F, (USD Million)
- Security and Vulnerability Management- Market Size & Forecast 2019-2030F, (USD Million)
- Identity and Access Management- Market Size & Forecast 2019-2030F, (USD Million)
- Security Configuration Management- Market Size & Forecast 2019-2030F, (USD Million)
- Others- Market Size & Forecast 2019-2030F, (USD Million)
By End Users
- Manufacturing- Market Size & Forecast 2019-2030F, (USD Million)
- Pharmaceuticals- Market Size & Forecast 2019-2030F, (USD Million)
- Automotive- Market Size & Forecast 2019-2030F, (USD Million)
- Construction & Mining- Market Size & Forecast 2019-2030F, (USD Million)
- Chemicals- Market Size & Forecast 2019-2030F, (USD Million)
- Others- Market Size & Forecast 2019-2030F, (USD Million)
- Power & Utilities- Market Size & Forecast 2019-2030F, (USD Million)
- Oil & Gas- Market Size & Forecast 2019-2030F, (USD Million)
- Electricity Generation & Distribution- Market Size & Forecast 2019-2030F, (USD Million)
- Coal- Market Size & Forecast 2019-2030F, (USD Million)
- Wind- Market Size & Forecast 2019-2030F, (USD Million)
- Hydropower- Market Size & Forecast 2019-2030F, (USD Million)
- Bioenergy- Market Size & Forecast 2019-2030F, (USD Million)
- Solar- Market Size & Forecast 2019-2030F, (USD Million)
- Water & Waste Water- Market Size & Forecast 2019-2030F, (USD Million)
- Others- Market Size & Forecast 2019-2030F, (USD Million)
- Transport Infrastructure
- Road Transport- Market Size & Forecast 2019-2030F, (USD Million)
- Railways- Market Size & Forecast 2019-2030F, (USD Million)
- Waterways and Air Traffic- Market Size & Forecast 2019-2030F, (USD Million)
- Others- Market Size & Forecast 2019-2030F, (USD Million)
By Country
- India
- China
- South Korea
- Japan
- Australia
- Rest of Asia-Pacific.
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Competitive Landscape:
Leading Asia-Pacific Industrial Control System Security companies operating in the Market
- ABB
- Honeywell
- Cisco
- Intel
- Check Point
- Symantec
- Spohos
- Schneider Electric
- Kaspersky
- BAE System
- Palo Alto
- Waterfall
- Fortinet
- Belden
- Juniper Networks, Inc.
- Others
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