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Growth Opportunities in Operational Technology Cybersecurity Solutions Updated Research Available
As the Threat Landscape Expands and Risk Profiles Increase, Protecting Critical Assets is Now Top-of-mind for Businesses
15-Dec-2023
Global
Market Research
K971-01-00-00-00
AE_2023_457
Cybersecurity strategies have traditionally focused on IT security solutions and the protection of digital assets and systems. However, ongoing digitalization across industry verticals has allowed for many assets, devices, and systems that are critical to the operations of a business to now be connected into the same digital ecosystem. The rise in these connected operational technologies (OT), coupled with the fact that many of these systems do not act or respond as traditional IT assets do, means that many of the common IT cybersecurity solutions or strategies will be inadequate at protecting OT systems from attack. Coupling this fact with the idea that many businesses or organizations seen as critical infrastructure to society or national security run on vast, sprawling OT networks, businesses must approach any cybersecurity strategy and program with OT cybersecurity protocols as top-of-mind.
OT cybersecurity solutions are rapidly evolving to reach similar maturity levels to those of OT cybersecurity systems. This includes the addition of automated functionalities, continuous monitoring, asset visibility and detection, endpoint security principles, and the emergence of OT-specific intelligence and services. Because of the criticality associated with the businesses and organizations that utilize OT-centric networks and assets, ensuring that OT cybersecurity solutions can protect against as many threat vectors as possible will be crucial.
Critical infrastructure organizations are dependent upon uninterrupted services and operational efficiency, not just for their organization, but for society. With OT systems now viewed as vulnerable attack vectors, organizations must improve their OT cybersecurity resiliency with solutions that can protect, detect, and mitigate any potential attack or damage, all without hindering business activity.
Author: Danielle VanZandt
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Operational Technologies (OT) Cybersecurity Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Vertical Segmentation
Regional Segmentation
Key Competitors
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Spending Forecast
Spending Forecast by Vertical
Spending Forecast by Region
Spending Forecast Analysis
Spending Forecast Analysis (continued)
OT Cybersecurity—Growing Sway in Geopolitics
OT Cybersecurity—The Changing Regulatory Landscape
Shifting OT Cybersecurity Strategies—OT and IoT
Shifting OT Strategies—IT Security Approaches
Competitive Environment
Competitive Environment—Next Industry Phase
Competitive Environment—Market Activity
Competitive Environment—Market Activity (continued)
Growth Metrics
Spending and Growth Forecast
Spending Forecast by Region
Forecast Analysis
Forecast Analysis by Region—Airports
Forecast Analysis by Region—Airports (continued)
OT Cybersecurity Key Program Needs—Airports
Growth Metrics
Spending Forecast
Sub-segment Spending and Growth Forecast
Spending Forecast by Region
Forecast Analysis
Forecast Analysis by Region—Utilities
Forecast Analysis by Region—Utilities (continued)
OT Cybersecurity Key Program Needs—Water Utilities
OT Cybersecurity Key Program Needs—Electric Utilities
Growth Metrics
Spending and Growth Forecast
Sub-segment Spending and Growth Forecast
Spending Forecast by Region
Forecast Analysis
Forecast Analysis by Region—Manufacturing
Forecast Analysis by Region—Manufacturing (continued)
OT Cybersecurity Key Program Needs—Manufacturing
Growth Metrics
Spending and Growth Forecast
Sub-segment Spending and Growth Forecast
Spending Forecast by Region
Forecast Analysis
Forecast Analysis by Region—Transportation and Logistics
Forecast Analysis by Region—Transportation and Logistics (continued)
OT Cybersecurity Key Program Needs—Transportation and Logistics
Growth Metrics
Spending and Growth Forecast
Sub-segment Spending and Growth Forecast
Spending Forecast by Region
Forecast Analysis
Forecast Analysis by Region—Industrial
Forecast Analysis by Region—Industrial (continued)
OT Cybersecurity Key Program Needs—Industrial (Oil and Gas)
OT Cybersecurity Key Program Needs—Industrial (Mining)
Growth Metrics
Spending and Growth Forecast
Spending Forecast by Region
Forecast Analysis
Forecast Analysis by Region—Building Automation
Forecast Analysis by Region—Building Automation (continued)
OT Cybersecurity Key Program Needs—Building Automation
Growth Opportunity 1: Implementation of Zero-trust Security Policies
Growth Opportunity 1: Implementation of Zero-trust Security Policies (continued)
Growth Opportunity 2: Secure-by-design Hardware Components
Growth Opportunity 2: Secure-by-design Hardware Components (continued)
Growth Opportunity 3: Breach and Attack Solutions for OT Systems
Growth Opportunity 3: Breach and Attack Solutions for OT Systems (continued)
Growth Opportunity 4: OT-specific Threat Detection and Mitigation Solutions
Growth Opportunity 4: OT-specific Threat Detection and Mitigation Solutions (continued)
Growth Opportunity 5: MSS for OT Systems
Growth Opportunity 5: MSS for OT Systems (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- OT Cybersecurity: Growth Metrics, Global, 2022
- OT Cybersecurity Market: Growth Drivers, Global, 2023–2030
- OT Cybersecurity: Growth Restraints, Global, 2023–2030
- OT Cybersecurity: Spending Forecast, Global, 2022–2030
- OT Cybersecurity: Spending Forecast by Vertical, Global, 2022–2030
- OT Cybersecurity: Spending Forecast by Region, 2022–2030
- Airports Vertical: Growth Metrics, Global, 2022
- Airports Vertical: Spending and Growth Forecast, Global, 2022–2030
- Airports Vertical: Spending Forecast by Region, 2022–2030
- Utilities Vertical: Growth Metrics, Global, 2022
- Utilities Vertical: Spending Forecast, Global, 2022–2030
- Utilities Vertical: Sub-segment Spending and Growth Forecast, Global, 2022–2030
- Utilities Vertical: Spending Forecast by Region, 2022–2030
- Manufacturing Vertical: Growth Metrics, Global, 2022
- Manufacturing Vertical: Spending Forecast, Global, 2022–2030
- Manufacturing Vertical: Sub-segment Spending and Growth Forecast, Global, 2022–2030
- Manufacturing Vertical: Spending Forecast by Region, 2022–2030
- Transportation and Logistics Vertical: Growth Metrics, Global, 2022
- Transportation and Logistics Vertical: Spending Forecast, Global, 2022–2030
- Transportation and Logistics Vertical: Sub-segment Spending and Growth Forecast, Global, 2022–2030
- Transportation and Logistics Vertical: Spending Forecast by Region, 2022–2030
- Industrial Vertical: Growth Metrics, Global, 2022
- Industrial Vertical: Spending Forecast, Global, 2022–2030
- Industrial Vertical: Sub-Segment Spending and Growth Forecast, Global, 2022–2030
- Industrial Vertical: Spending Forecast by Region, 2022–2030
- Building Automation Systems Vertical: Growth Metrics, Global, 2022
- Building Automation Systems Vertical: Spending and Growth Forecast, Global, 2022–2030
- Building Automation Systems Vertical: Spending Forecast by Region, 2022–2030
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