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Construction Cybersecurity Market Share

Report ID: GMI11289
Published Date: Sep 2024
Report Format: PDF

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Construction Cybersecurity Market Share

Palo Alto Networks and Trimble Inc. hold a market share of around 10% in the construction cybersecurity industry in 2023. Palo Alto Networks focuses on expanding its portfolio of cybersecurity solutions tailored to specific industries, including construction. By developing and offering specialized solutions that address the cybersecurity challenges faced by construction firms, such as protecting connected construction equipment and safeguarding BIM data, the company aims to capture a larger share of the construction cybersecurity.

Trimble collaborates with cybersecurity experts and firms to enhance its cybersecurity offerings. These partnerships enable the company to use specialized knowledge and technologies to enhance the security of its construction solutions. Working with established cybersecurity firms helps the company stay ahead of emerging threats and provides comprehensive protection to its customers.

Construction Cybersecurity Market Companies

Major companies operating in the construction cybersecurity industry are:

Check Point Software Technologies
Cisco Systems
CrowdStrike
Dragos Inc.
Fortinet Inc.
IBM Corporation
Optiv Security
Palo Alto Networks
Trend Micro
Trimble Inc.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of construction cybersecurity was worth over USD 6.9 billion in 2023 and is expected to register over 18% CAGR from 2024 to 2032, due to the increased digitalization in the construction industry worldwide.

Construction cybersecurity industry from the large enterprises segment held over 65% share in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to handling high-value assets, including intellectual property, proprietary designs, and sensitive client information.

North America construction cybersecurity industry held 40% share in 2023 and is expected to register a commendable CAGR from 2024 to 2032, due to growing adoption of rate of advanced technologies including IoT, BIM and cloud-based project management tools in the region.

Check Point Software Technologies, Cisco Systems, CrowdStrike, Dragos Inc., Fortinet Inc., IBM Corporation, Optiv Security, Palo Alto Networks, Trend Micro, and Trimble Inc., are some of the major construction cybersecurity companies worldwide.