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Industrial Cybersecurity Market by Type (Network, Application, Endpoint, Wireless, Cloud, Others), Product (Gateways and Networking Devices), Solution and Service, End-User Industry, and Region - Global Forecast to 2023

(USGovernment-News.Com, April 04, 2018 ) “Global Industrial Cyber Security Market By End Use (Energy and Utilities, Transportation Systems, Chemicals and Manufacturing), By Type (Cloud Security, Endpoint Security, Network Security, Wireless Security) and Regional Market Size, Status and Forecast to 2025”.



The Global Industrial Cyber Security Market is growing at a rapid pace mainly due to the augmented advent technological advancement that suffice the increased demand for in vehicle Cyber security systems.



Over the next decade, Cyber security is expected to be one of the major concerns faced by industries with telematics and embedded modems making M2M Communication an attractive target to cyber criminals and terrorists. Cyber Security, as a technology is gaining a huge traction in the industry as M2M Communication grow. The global market of Industrial Cyber Security is majorly driven by the augmented adoption of telematics services in the M2M Communication.



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Transportation Systems to grow at the highest CAGR over the forecast period



Transport networks have become increasingly digital, with a wide range of data flowing across systems, tracking and monitoring both digital and physical networks. As more devices and control systems are connected online, more vulnerability is likely to appear, increasing the potential for disruption to physical assets. Public transport operators have an important role to enable this smartness. The integration of several ICT systems enables Intelligent Public Transport¯ (IPT), where cyber-physical devices, communication networks and central servers optimize the transport service up to a certain degree of automation.



Advances in electronic platforms and communications introduced across electronic and physical networks have meant that the potential to detect becomes a challenge, and the potential to disrupt a serious concern. This electronic data can track the location, status, and condition of physical assets and associated infrastructure and monitor emerging weather-related risks, landslides, ash clouds, and other extreme weather.



Network Security held the largest share among all types of Industrial Cybersecurity in 2016



Securing a companys network consists of identifying all devices and connections on the network, setting boundaries between the companys systems and others, enforcing controls to ensure that unauthorized access, misuse, or denial-of-service events can be thwarted or rapidly contained and recovered from if they do occur.



A companys network should be separated from the public Internet by strong user authentication mechanisms and policy enforcement systems such as firewalls and web filtering proxies. Additional monitoring and security solutions, such as anti-virus software and intrusion detection systems, should also be employed to identify and stop malicious code or unauthorized access attempts.



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