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(Wireless-NewsWire.Com, September 19, 2018 ) According to Verified Market Intelligence, the global industrial cybersecurity market was valued at USD 12.36 billion in 2016 and is projected to reach USD 26.54 billion by 2025, growing at a CAGR of 8.86% from 2017 to 2025.
Industrial cyber security helps in protecting the systems of various industrial infrastructure against cyber threats. It helps in providing protection to networks and data from unauthorized access. Industrial cyber security identifies and manages the risks associated with the security and further assess the security of the organization.it provides many advantages such as improved management of a business, enhanced company credentials, faster recovery from a breach and many more.
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Increased involvement of government to secure industrial control systems, rising connected device number, growing adoption of IoT in industrial control systems and increasing government funds have been driving global industrial cybersecurity market. While poor knowledge about cybersecurity, lack of collaboration between public and private sectors and rising costs of innovation affecting cybersecurity might hinder the overall growth of the market at a global level.
The “Global Industrial Cybersecurity Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Siemens AG, IBM Corporation, Startup Ecosystem, McAfee, LLC, Kaspersky Lab, Schneider Electric, Rockwell Automation, Inc. and Cisco Systems, Inc. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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