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
Digitalization and Cyberattacks driving adoption of IT/OT Security in Smart Buildings
* Required Fields
Pay by invoice
Automation, IoT, and digitalization are rapidly changing, and enterprise operations and building operations have not made an exception either. Today, smart devices control building management activities including temperature control, access control, lighting control, communication, and safety systems in many enterprises. At the same time, such converged Information Technology/Operational Technology (IT/OT) environment has made enterprises more vulnerable to cyberattacks. With diverse protocols, hardware, and software systems, the OT devices controlling building operations provide a heterogeneous environment. Coupled with IT devices and a common network connection, the attack surface expands, providing a thriving ground for cyberadversaries to play on. This study explores the impact of such IT/OT convergence in smart buildings on the cyber posture of an enterprise. The study provides detailed insights on key market trends, risk posture, market dynamics, and vendor dynamics in this market.
The base year for the study is 2018 and the forecast period is from 2019 to 2022.
The IT/OT security market for smart buildings is in its early growth stage, contributing to a small percentage of Industrial Cybersecurity Systems (ICS) security vendors. Growing frequency of cyberattacks exploiting gaps in building OT devices is driving remarkable increase in adoption of IT/OT security among enterprises. However, security budget constraint continues to be a significant challenge for growth. Verticals such as healthcare, hospitality, finance, and data centers promise high growth opportunities for vendors in this market owing to the high cost of impact of cyberattacks in these verticals. Technological capabilities, scalability, and interoperability are key factors of differentiation among vendors operating in the IT/OT security market.
Author: Swetha Ramachandran Krishnamoorthi
Global Security Orchestration and Automation Response Market, Forecast to 2021
Artificial Intelligence (AI)-based Security Industry Guide
European Managed Security Services Market, Forecast to 2023
Asia-Pacific Network Security Market Q1 2019 Tracker
Global Managed & Professional Security Services Market, Forecast to 2023
Asia-Pacific Network Security Market, Forecast to 2023
Global Web Security Market, Forecast to 2023
Asia-Pacific Cloud Workload Security Industry Guide
The State of European Digital Trust
Human Factors in Cybersecurity—Social Engineering and Security Awareness Training, Forecast to 2023
agricultural drones market
virtual reality market
smart wearables market
cyber security market
commercial aviation market
industrial robotics 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.