Industrial Control Systems Security Market Size Analysis and Top Companies
The global industrial control systems security market size is estimated to hit around USD 41.91 billion by 2033 from USD 19.04 billion in 2023, expanding at a CAGR of 8.21% from 2024 to 2033. The to companies operating in the industrial control systems security are ABB Group, BAE Systems, Cisco Systems, Check Point, DarkTrace, Fortinet, Honeywell International Inc., IBM Corporation, Kaspersky Labs, Microsoft Corporation, Nozomi Networks, Palo Alto, Siemens AG, Trend Micro Incorporated, Yokogawa Electric Corporation, and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size by 2033 |
USD 41.91 Billion |
| Market Size in 2023 |
USD 19.04 Billion |
| Market Size in 2024 |
USD 20.60 Billion |
| Market Growth Rate from 2024 to 2033 |
CAGR of 8.21% |
| Largest Market |
North America |
| Base Year |
2023 |
| Forecast Period |
2024 to 2033 |
| Segments Covered |
Component, Solutions, Services, Type, End Use, and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Industrial Control Systems Security Key Players
- ABB Group
- BAE Systems
- Cisco Systems
- Check Point
- DarkTrace
- Fortinet
- Honeywell International Inc.
- IBM Corporation
- Kaspersky Labs
- Microsoft Corporation
- Nozomi Networks
- Palo Alto
- Siemens AG
- Trend Micro Incorporated
- Yokogawa Electric Corporation
Recent Developments
- In March 2024, the Smart Factory Automation World (SFAW) event in Seoul will showcase cutting-edge automation technologies such as robotics and digital factory solutions. More than 450 companies from nine countries will convene at the COEX Convention & Exhibition Center to present their latest innovations to an anticipated audience of over 70,000 visitors.
- In October 2023, Rockwell Automation, Inc. (NYSE: ROK) and Microsoft Corp. announced an expansion of their longstanding partnership to expedite the design and development of industrial automation using generative artificial intelligence (AI).
- In May 2024, Fortinet announced the launch of a new generation firewall (NGFW) appliance featuring industry-leading security and networking performance, positioned to serve as a cornerstone for modern campuses. Built on the Fortinet operating system and incorporating the 5G Fortinet security processing unit (SP5).
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