Global Critical Infrastructure Protection Market Size, Share and Forecast 2020-2026
The global critical infrastructure protection market is expected to showcase a considerable CAGR during the forecast period. The upsurge in the infrastructure development across the globe, rising terrorism, and security threats are the key aspects responsible for the growth of the critical infrastructure protection (CIS) market. Due to the government and private investment in infrastructure development, a rapid rise in infrastructural projects has been witnessed over the years.
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Both developed and emerging countries are focusing on
encouraging their infrastructure activities as it is key for faster economic
growth. For instance, better roads are required to transport the goods safely
and at an accurate time. Delaying may lead to economic and reputation losses.
Therefore, the government across the nations is investing a significant amount
to upgrade their investment. For instance, Dubai has unveiled the plan for the
Mars Society city in September 2017. The project will cause about $130
million.
With the infrastructure development and growth of the GDP, a
need for security and surveillance will be observed in the coming time period
& hence the growth in the market of the critical infrastructure protection
will be observed. The rising need to protect the infrastructure from the outer
threats is promoting the market players to make innovations in their product
offerings to capture a large market share. New product launches, partnerships,
merger & acquisition, and strategic agreements are the other activities
that are being actively adopted by the key players in the market to stay
competitive.
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Recent Developments in the Market
- In December 2019, FLIR Systems,
Inc. had launched three dome-shaped, Pan-Tilt-Zoom (PTZ) security cameras
along with two dual-sensor camera series for critical infrastructure
locations. The company had launched FLIR Elara DX-Series and the FLIR
Saros DM-Series, and a high-resolution visible camera for safe city
deployments, the FLIR Quasar 4K IR PTZ. FLIR security products offer
multiple lens options for long- and short-range needs to enable accurate
perimeter protection of critical infrastructure, remote facilities, and in
urban city environments, day or night.
- In January 2018, Fortinet had
launched its Operational Technology (OT) Security solution for critical
infrastructure and industrial organizations. The new solution integrates
ruggedized firewall, switching, and wireless access point appliances with
FortiGuard industrial threat intelligence to provide integrated
cybersecurity protections for industrial control systems (ICS) and
supervisory control and data acquisition (SCADA) systems deployed in the
field and non-environmentally controlled facilities across an
organization’s OT infrastructure.
Global Critical Infrastructure Protection Market Segmentation
By Security Technology
- Physical Security
- Network Security
- Others
By Service
- Risk Management Services
- Designing, Integration, and
Consultation
- Managed Services
- Maintenance and Support
Global Critical Infrastructure Protection Market – Segment by
Region
North America
- The US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
Company Profiles
·
ACSG
Corp.
·
Airbus
SE
·
BAE
Systems PLC
·
Bosch
Security Systems, Inc.
·
Flir
System, Inc.
·
Fujitsu,
Ltd.
·
General
Dynamics Corp.
·
General
Electric Co.
·
Honeywell
International, Inc.
·
Johnson
Controls International plc
·
Lockheed
Martin Corp.
·
Nice
Systems, Ltd.
·
Northrop
Grumman Corp.
·
Puretech
Systems
·
Raytheon
Co.
·
Schneider
Electric SE
·
Senstar,
Inc.
·
Southwest
Microwave, Inc.
·
Telefonaktiebolaget
LM Ericsson AB
·
United
Technology Corp.
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