Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Opportunities Come from Market Partnerships for Integrated IT/OT Solutions
* Required Fields
Pay by invoice
Industrial cybersecurity market has been experiencing rapid growth and gaining widespread significance in recent years. High penetration of Industrial Internet of Things (IIoT) technology in critical infrastructure industries (power utilities, oil & gas etc.) and the manufacturing sector has resulted in increased threat attack surfaces. Cyber attacks in the energy and utilities industries alone cost an average of $13.2million/year. These cyber physical attacks have gained government and end-user scrutiny, resulting in a number of cybersecurity regulations being enforced globally. Rising incidences of cyber attacks, evolving compliance regulations by governments, and increased awareness among mature and less mature market have accelerated the adoption of cybersecurity approaches. However, the high complexity of cybersecurity and unclear return on investment (ROI) benefits are creating ambiguity among end users. Market participants are addressing current industry needs by introducing a number of service packages consisting of an assortment of managed and professional cybersecurity services. With the attacks increasing in target and sophistication, cybersecurity approaches need to evolve over time. End users want scalability and flexibility in cybersecurity amid an ever-changing threat landscape. Service providers have hence started to transition to cybersecurity-as-a-service (CSaaS) models. A service-based approach to cybersecurity has given rise to service models such as software-as-a-service (SaaS) and platform-as-a-service (PaaS). Service providers are also focusing on pay-as-you-go expertise by providing SaaS models on a subscription basis that enables continuous monitoring and assessment of the industrial environment.The industrial cybersecurity services market is largely fragmented with vendors from both the information technology (IT) and operational technology (OT) sides leveraging their domain expertise to provide lifecycle services for cybersecurity with innovative service platforms and management consoles. North America, Europe and Middle East are mature markets in terms of cybersecurity with a high degree of adoption of Internet of Things (IoT) and increased scrutiny on critical infrastructure protection. Outsourcing of managed security services is a growing trend with service providers presenting subscription-based models to implement scalability and flexibility in cybersecurity and enable alignment of their services as per end-user requirements. Professional services are also seeing high market acceptance with the increasing need of expertise as a service in the cybersecurity field owing to the crippling shortage of in-house talent. Market participants are focusing on offering a comprehensive portfolio, providing end users the ability to select services best suited to their cybersecurity goals. With security gaps existing in the IT and OT divergent scenarios of the industrial control systems (ICS) space, market participants are establishing partnerships with vendors from different backgrounds to provide joint solutions for IT/OT security in the industrial environment.
Global Manufacturing Execution Systems (MES) for Discrete Industry, Forecast to 2022
Global Digital Supply Chain—The Growth Engine of Future Factories, 2017
Global MES in Process Industry, Forecast to 2022
Cybersecurity Initiatives in IIoT in Asia-Pacific, 2016
M2M Software and Services Market in IIoT in SEA and ANZ
Convergence in the Plant Asset Management (PAM) Market
Lifecycle Opportunities in the Global Retail PLM Market
Strategic Analysis of the Global MES Market
Analysis of the Global PLM Market in Discrete Industries
Analysis of the ANZ Manufacturing Execution Systems Market
functional food market
consumer electronics market
activated carbon market
alternative energy market
video analytics market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.