The Global Smart Grid Security Market is accounted for USD 4.89 billion in 2018 and is projected to grow at a CAGR of 11.2% the forecast period of 2019 to 2025.
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Smart grids are the incorporation of conventional power network and data and correspondence advancements. The combination enables the buyers and electrical utility suppliers and enhances accessibility and productivity of the power frameworks. Brilliant framework security advertise keeps on developing with innovation and to accomplish productive, dependable, sparing and clean vitality conveyance, smart grids make utilization of various advances, for example, propelled segments, coordinated correspondence, propelled control techniques, enhanced choice help and interfaces and estimation and detecting. These innovative changes rely upon examination of gigantic measures of information and new interconnectivity levels, which is relied upon to additionally advertise development.
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Major Key players profiled in this report are:
Intel Corporation, Siemens AG, Symantec Corporation, IBM Corporation, Cisco Systems, Inc, Leidos Holdings, Inc., Honeywell International Inc., BAE Systems Plc., N-Dimension Solutions Inc., AlertEnterprise Inc., International Business Machines, IOActive, Lockheed Martin, Intel Corporation, Symantec Corporation, Sophos, Sourcefire, Sentryo, Eaton, ABB Group, Enphase Energy, LandisGyr, S&C Electric, Stem, Sunverge, Tendril, Innominate, AlienVault, Byres Security and CyberX.
Market Drivers and Restraints:
- The rise in demand and current progressions in innovations of energy frameworks are two essential variables anticipated that would drive development of the smart grid security market.
- Adoption of cloud-based advances is likewise anticipated that would fuel development of the worldwide market in coming years.
- Smart Grids exceptionally defenseless against cyber-attacks, in this manner generating a security showcase which is intended to rampart them.
- The long investment cycles in the energy sector that makes innovation assessment troublesome and prompts a period of time lag amongst actualized and upcoming updates.
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- Company Landscape
- Company Profiles
- Related Reports
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This market report also endows with the plentiful insights and business solutions that will support to stay ahead of the competition. It is a professional and a detailed report that focuses on primary and secondary drivers, market share, market size, leading segments and geographical analysis. Market drivers and market restraints are studied carefully along with the analysis of the market structure. Quality and transparency has been firmly maintained while carrying out research studies to provide an exceptional market research report for a niche. As businesses are greatly relying on the different segments included in the market research report which offers them with the better insights to drive the business into right direction.
Market Segmentation: Global Smart Grid Security Market
- Based on the Solution, the global smart grid security market is segmented into antivirus and antimalware, firewall, identity and access management (IAM), encryption, security and vulnerability management, intrusion detection system/intrusion prevention system (IDS/IPS)
- Based on the Service, the global smart grid security market is segmented into professional services and managed services.
- Based on the deployment mode, the global smart grid security market is segmented into cloud and on-premises.
- Based on the subsystem, the global smart grid security market is segmented into supervisory control and data acquisition (SCADA)/Industrial Control System (ICS), advanced metering infrastructure, demand response, and home energy management.
- Based on the security type, the global smart grid security market is segmented into endpoint security, network security, application security and database security.
- Based on geography, the global smart grid security market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
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