USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Growth Opportunity Analysis of Security in Oil & Gas, 2022–2030
Future Growth Potential of Security Investments in O&G Infrastructure due to Increasing Threats
21-Dec-2022
Global
Market Research
PD01-01-00-00-00
AE01668-GL-MT_27311
The security of oil and gas (O&G) infrastructures is a priority for the global energy industry. Rising demand for O&G and new facility constructions have boosted the security market growth, as any operational disruption of a major facility can adversely affect the global economy. The O&G industry is most vulnerable to terrorist attacks due to its strategic nature, materials it handles, and the impact it can have across the world. Its entire value chain, ranging from exploration, production, refining, and pipeline transport to distribution, is at risk of such attacks. Similar incidents in the past have generated security awareness, increasing the adoption of the latest technology and security solutions across global facilities. Threats may vary from information theft to a terrorist attack, but the economic impact and financial damage in case of an attack would be significant and depend on the attacker’s motive.
The Russo-Ukrainian War is impacting global oil trade, and investments to protect O&G infrastructure in the long term are evident. The industry is witnessing a rapid digital transformation to enhance efficiency and manage operations effectively. Digitalization and network-centric operations are vulnerable to a wide range of cyber threats and hazards. Different threat actors (e.g., novice, organized crime, and state actors) try to exploit weaknesses to cause physical and financial losses. Advanced persistent threats are a challenge to O&G companies that must prevent the penetration of their IT systems and corporate networks.
Author: Aravind Srimoolanathan
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on Security in Oil and Gas
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Coverage Area—Security Technologies in O&G
Global O&G Pipeline Construction
Global O&G Industry Upstream Capital Expenditure (CAPEX)
Vital Infrastructures in O&G
Threat Assessment in O&G
O&G Value Chain
Security Opportunities in O&G
Key Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Spending Forecast
Spending Forecast by Technology
Spending Forecast by Region
Spending Forecast Analysis
Spending Forecast Analysis by Region
Spending Forecast Analysis by Region (continued)
Spending Forecast by Technology—Africa
Spending Forecast by Technology—Africa (continued)
Spending Forecast by Technology—North America
Spending Forecast by Technology—North America (continued)
Spending Forecast by Technology—Latin America
Spending Forecast by Technology—Latin America (continued)
Spending Forecast by Technology—Asia-Pacific
Spending Forecast by Technology—Asia-Pacific (continued)
Spending Forecast by Technology—Central Asia
Spending Forecast by Technology—Central Asia (continued)
Spending Forecast by Technology—Europe
Spending Forecast by Technology—Europe (continued)
Spending Forecast by Technology—The Middle East
Spending Forecast by Technology—The Middle East (continued)
Pricing Trends and Forecast Analysis
Technologies in O&G Infrastructure Security
Command and Control
Screening and Detection
Surveillance
Access Control and Identity Management
Communication Equipment
Cybersecurity
Managed Services
Security Industry Participants in O&G
Competitive Environment
Competitive Environment (continued)
Competitive Environment (continued)
Competitive Environment (continued)
Growth Opportunity 1: Advanced Cybersecurity
Growth Opportunity 1: Advanced Cybersecurity (continued)
Growth Opportunity 2: Integrated Security Systems
Growth Opportunity 2: Integrated Security Systems (continued)
Growth Opportunity 3: Managed Service Business Model
Growth Opportunity 3: Managed Service Business Model (continued)
Three Takeaways
Your Next Steps
Why Frost, Why Now?
List of Exhibits
Legal Disclaimer
List of Figures
- Security in O&G: Global Upstream CAPEX, FY 2017–2022
- Security in O&G: Key Growth Metrics, Global, 2021
- Security in O&G: Growth Drivers, Global, 2022–2030
- Security in O&G: Growth Restraints, Global, 2022–2030
- Security in O&G: Spending Forecast, Global, 2020–2030
- Security in O&G: Spending Forecast by Technology, Global, 2020–2030
- Security in O&G: Spending Forecast by Region, Global, 2020–2030
- Security in O&G: Spending Forecast by Technology, Africa, 2020–2030
- Security in O&G: Spending Forecast by Technology, North America, 2020–2030
- Security in O&G: Spending Forecast by Technology, Latin America, 2020–2030
- Security in O&G: Spending Forecast by Technology, Asia-Pacific, 2020–2030
- Security in O&G: Spending Forecast by Technology, Central Asia, 2020–2030
- Security in O&G: Spending Forecast by Technology, Europe, 2020–2030
- Security in O&G: Spending Forecast by Technology, The Middle East, 2020–2030
Speak directly with our analytics experts for tailored recommendations.
Recent related Security research
21 Oct 2026 | Global | Market Research
Insights for CISOs: The Transition to Quantum-Safe
The emergence of post-quantum cryptography (PQC) reflects a significant problem: powerful quantum computers may soon compromise the cryptographic algorithms underpinning today’s digital economy, threatening the confidentiality and integrity of sensitive data and communications. Addressing this risk ...
16 Oct 2026 | Global | Market Research
Customer Transformation Journeys External Risk Mitigation and Management: BitSight
This report explores how organizations are accelerating cyber risk reduction and remediation through Bitsight’s intelligent External Risk Management and Mitigation (ERMM) solution. It examines customer transformation journeys, highlighting how continuous visibility, contextualized risk intelligence,...
15 Oct 2026 | Global | Market Research
Network Detection and Response (NDR) Sector, Global, 2026–2030
This study examines the global NDR market over the 2022–2030 forecast period. It finds that rising investment reflects NDR's evolution from a discretionary security enhancement into a foundational component of enterprise cyber defense, underscoring stronger buyer commitment and heightened vendor com...
09 Oct 2026 | Global | Technology Research
Growth Opportunities in SiC MOSFET, Photodiodes, RISC-Vs, and Advanced Memory
The Microelectronics Technology Opportunity Engine covers innovations pertaining to SiC MOSFET, Photodiodes, RISC-Vs, and Advanced Memory.The Microelectronics Technology Opportunity Engine captures global electronics-related innovations and developments on a weekly basis. Developments are centered o...
09 Oct 2026 | Global | Frost Radar
Frost Radar™: Workforce Identity and Access Management, 2026
Hybrid work and software as a service have shifted security enforcement from the network perimeter to identity, transforming it into a control plane. Workforce identity and access management (IAM) now determines whether every user, device, and session should retain access based on context, risk, and...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.