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Industrial Cybersecurity Market Share

Report ID: GMI10583
Published Date: Aug 2024
Report Format: PDF

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Industrial Cybersecurity Market Share

Cisco Systems, Inc. and IBM Corporation stand as dominant players and hold over 5% of the industrial cybersecurity industry. Both companies leverage extensive experience and cutting-edge technologies, offering comprehensive solutions. Their strong global presence, innovative products, and strategic partnerships establish them as key competitors in this highly competitive industry.

Industrial Cybersecurity Market Companies

Major players operating in the industrial cybersecurity industry are:

ABB Ltd.
Cisco Systems, Inc.
Honeywell International Inc.
IBM Corporation
Microsoft Corporation
Rockwell Automation Inc.
Schneider Electric SE

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Industrial cybersecurity industry size was USD 19 billion in 2023 and will grow at 8.5% CAGR between 2024 and 2032, fueled by increasing frequency and sophistication of cyberattacks on critical infrastructure, such as energy grids and manufacturing systems.

The network security segment captured 30% of the industrial cybersecurity industry share in 2023, propelled by its critical role in protecting against cyber threats targeting industrial networks.

North America industrial cybersecurity industry registered 30% share in 2023, owing to its advanced infrastructure and high levels of investment in cybersecurity technologies.

Key players operating in the industrial cybersecurity industry are ABB Ltd., Cisco Systems, Inc., Honeywell International Inc., IBM Corporation, Microsoft Corporation, Rockwell Automation Inc., and Schneider Electric SE, among others.