Utility infrastructure constitutes a major part of critical infrastructure. The number of critical infrastructures worldwide would see a marked increase during the forecast period. These include oil and gas manufacturing sites, water distribution and sanitation sites, nuclear facilities, and energy maintenance sites. These infrastructures are considered high-value construction projects and, therefore, security has gained paramount importance among various countries because of a considerable increase in cyber-attacks over the years. Increased online criminal activity has forced various countries to impose strict regulations to secure their critical infrastructures.
Physical security involves securing an organization’s data, hardware, network, and programs from external threats; it helps organizations preserve their brand value and protects them from external threats such as burglary, data theft, and terrorism. Government organizations and enterprises worldwide are increasingly adopting a variety of hardware devices and software to ensure physical security of their business-critical data. This stems from increased criminal activity in recent years.
Cybersecurity focuses on protecting an organization’s network from hackers and other network intruders. It has gained increased traction among government institutions and enterprises, which involve transmission of huge volumes of confidential data; these data could be the financial data of an organization.
Analysts forecast the Global Utility Infrastructure Security Market to grow at a CAGR of 4.53 percent over the period 2014-2019.
This report covers the present scenario and the growth prospects of the Global Utility Infrastructure Security market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of the following applications:
- Surveillance systems
- Access control systems
- Perimeter intrusion prevention systems
- Security software
- Cloud-based services
The Global Utility Infrastructure Security market is segmented based on the following:
- End-user: Oil and Gas and Electricity
- Products: Physical Security and Cybersecurity
Global Utility Infrastructure Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the market landscape and lists growth prospects. The report includes a discussion of the key vendors operating in this market.
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- Latin America
- North America
- Axis Communications
- Bosch Security Systems
- Honeywell Security
- Lockheed Martin
- NICE Systems
- Schneider Electric
Other Prominent Vendors
- Cisco Systems
- Computer Sciences Corporation
- General Dynamics
- General Electric
- Northrop Grumman
- Increased Demand for Cybersecurity
- High Initial Investment
- Increased Adoption in Developing Countries
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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