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(Wireless-NewsWire.Com, October 25, 2018 ) The Global Critical Infrastructure Protection Market was valued at USD 107.70 billion in 2016 and is projected to reach USD 198.2 billion by 2025, growing at a CAGR of 7.01% from 2017 to 2025.
Critical infrastructure protection defined as the protection of assets, systems and networks whose protection is considered a matter of necessity in order to ensure the security of the specific economy, nation, or its respective public health and safety. This protection system includes actions such as incident response, reconstruction, warnings and indication, analysis and assessment as well as remediation.
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With the emerging IoT (Internet of Things) technologies and the increasing adoption of cloud in CIP, there are a growing number of security breaches and cyber-attacks. This threat to physical systems and insider attacks has led to the growing investments in biometrics and smart grid technology. These factors are driving the market for the critical infrastructure market. The complex IT infrastructure and issues arising from the integration issues between critical infrastructure protection solutions are factors that are restraining the critical infrastructure protection market from growth.
Competitive Landscape:
The major players in the market are as follows:
Huawei
Lockheed Martin
Honeywell
Bae Systems
General Dynamics
Hexagon AB
MotoRoLA Solutions
Johnson Controls.
Northrop Grumman
Thales Group
Raytheon
Airbus
Optasense
Teltronic
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