Critical Infrastructure Protection (CIP) Market Analysis Report By Security Type, By Services, By Application And Segment Forecasts From 2017 To 2025

Industry Insights

The global critical infrastructure protection (CIP) market size has generated a revenue of USD 57.23 billion in 2016. It is projected to witness a 10.1% CAGR over the forecasted years, 2017 to 2025. The increasing need to ensure cybersecurity and cyberspace due to rising digitalization across the globe is expected to drive the market growth for CIP solutions.

Several organizations across the globe are facing threats and cyberattacks over their infrastructure. Thus, the usage of these CIP solutions is gaining traction across the globe. These solutions also safeguard physical and virtual assets like defense blueprints and nuclear facilities, thereby providing full protection to the issues related to national importance.

The need for protecting national assets like energy, infrastructure, financial, and transportation is gaining traction across the globe. For example, the U.S. government is ensuring to implement a robust posture of cybersecurity in all facilities and organizations. Also, the NPPD (National Protection & Programs Directorate) is aiming to build a private-public relationship for enhancing national security and resilience of cyber and physical infrastructure. Such factors are estimated to propel the market growth for CIP solutions in the upcoming years.

Security Type Insights

The OT (operational technology) segment accounted for the highest share across the global market in 2016. It is also expected to hold a share of around 60.0% across the global market in 2025. This can be associated with the rising deployment of these cybersecurity solutions in industrial control, operational technology, and SCADA systems. Also, rising awareness about the effects of inadequate protection is anticipated to trigger up market growth.

The security segment of IT (Information Technology) is projected to register a 9.8% CAGR from 2017 to 2025. The rising need for the creation of e-governance, ICT plans, sectoral projects, and the promotion of e-commerce activities is expected to contribute majorly towards market growth for this segment. Moreover, technological advances like the emergence of IoT, cloud, and big data are expected to trigger up the market demand for CIPs in the upcoming years.

Services Insights

The segment of consulting services held the largest share across the global critical infrastructure protection market in 2016 and generated USD 20.24 Billion in terms of revenue. This can be attributed to the enhanced security posture provided by these CIPs for comprehensive assessment along with the advice of experts. The Majority of the consultants ensure that the IT and OT infrastructure is aligned with each other to solve the inherent problems associated with organizational needs.

The segment of risk management services is expected to register 11.7% CAGR from 2017 to 2025. This can be associated with their rising adoption by several governing bodies for safeguarding their cyber security. The processes of threat integration, consequence, and vulnerability information associated with these services help the governing bodies in identifying security assets and in mitigating them at earlier stages.

Application Insights

In 2016, the application segment of energy & power accounted for the highest share across the global market. This can be associated with the efforts being undertaken across the globe for increasing preparedness and planning against cyber attacks and for ensuring security measures. Moreover, the rapid development of the smart grid is further expected to propel market growth in the upcoming years.

In 2016, the application segment of transportation accounted for 13.51% share across the global market. It is also projected to register significant growth from 2017 to 2025. This can be associated with the rising need for secured, safe, and quick transportation and movement of commodities and people across national and international borders.

Regional Insights

In 2016, North America generated a revenue of USD 23.49 Billion across the global market. The imposition of several policies and the rising number of establishments by the U.S. governments like (HSPD-7) Homeland Security Presidential Directive are expected to trigger upmarket growth across this region.

Asia Pacific is expected to register the fastest growth with 11.9% CAGR over the forecasted period, 2017 to 2025. This growth can be associated with the increasing adoption of technology across industrial and defense systems across countries like China and India. Moreover, the rising need for infrastructure protection software and hardware is expected to trigger up market growth. 

COVID-19 Impact Insights

The critical infrastructure protection (CIP) market across the globe has witnessed significant growth owing to the ongoing COVID-19 pandemic. The lockdown imposition and travel restrictions across several countries have resulted in the increasing usage of the internet and other connected devices. Also, the lack of unemployment has resulted in a rise in the number of cybercrimes and attacks. Further, political insecurity and trust issues arising among several countries are projected to drive the demand for these solutions over the post-pandemic period.

Critical Infrastructure Protection Market Share Insights

The global CIP market includes key players such as General Dynamic Corporation, Intel Corporation; BAE System Plc, Airbus; Raytheon Company, Leonardo SpA; Boeing, IBM Corporation; and Honeywell International Inc. They are constantly engaged in product development and innovation to gain a competitive advantage over other players.

The rising number of cyber-attacks is projected to boost the need for CIP systems. Thus, the majority of the key players have also started investing hugely to carry out several R&D activities. They are also collaborating with governing organizations to impose stringent rules and regulations for ensuring cyber security.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2014 to 2025 in each of the sub-segments. For the purpose of this study, Million Insights has segmented the global critical infrastructure protection (CIP) market on the basis of security type, services, application, and region:

• Security Type Outlook (Revenue, USD Billion, 2014 - 2025)
    • Operational Technology
    • Information Technology

• Services Outlook (Revenue, USD Billion, 2014 - 2025)
    • Consulting Services
    • Managed Services
    • Risk Management Services
    • Training & Support Services

• Application Outlook (Revenue, USD Billion, 2014 - 2025)
    • BFSI
    • Energy & Power
    • Government & Defense
    • IT & Telecom
    • Transportation
    • Others

• Regional Outlook (Revenue, USD Billion, 2014 - 2025)
    • North America
        • The U.S.
        • Canada
    • Europe
        • The U.K.
        • Germany
        • France
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • MEA