Critical Infrastructure Protection Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

The Critical Infrastructure Protection Market is segmented by Security Technology (Network Security, Physical Security (Screening & Scanning, Video Surveillance, PSIM & PIAM, Access Control), Vehicle Identification Management, Building Management Systems, Secure Communications, Radars, Scada Security, and CBRNE), Services (Risk Management Services, Designing, Integration, and Consultation, Managed Services, Maintenance & Support), Vertical (Energy & Power, Transportation, Sensitive Infrastructure and Enterprises), and Geography.

Critical Infrastructure Protection Industry Overview

Critical Infrastructure Protection Market  Summary
Study Period: 2018 - 2028
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 7.76 %

Major Players

Critical Infrastructure Protection Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Critical Infrastructure Protection Market Analysis

The Critical Infrastructure Protection Market is expected to register a CAGR of 7.76% during the forecast period (2022 - 2027). COVID-19 has highlighted the importance of numerous infrastructure systems and services in maintaining economic and social activity and enabling responses to unexpected threats and difficulties while posing a vulnerability risk. However, not all infrastructure consequences have been bad; certain services have witnessed a rise in demand or positive benefits, illustrating the diversity and heterogeneity of infrastructure in general and the complexity of knock-on effects from significant shocks.

  • Critical infrastructure plays an active and dynamic part in supporting modern society's seamless progression and assimilation. The performance, safety, reliability, continuous operation, maintenance, and protection of critical infrastructure are among the national priorities for countries worldwide. Critical infrastructure (CI) offers essential services that underpin society and serve as the backbone of any nation's economy, health, and security. The power used in homes and industries, potable water, transportation, and communication systems is a part of critical infrastructure.
  • The critical infrastructure sectors comprise assets, networks, and systems, whether physical or virtual. The physical protection of critical infrastructure can prevent the commission of high-impact terrorist attacks and avoid the cascading effects that are frequently associated with such attacks. The FBI's Internet Crime Complaint Center (IC3) received 649 complaints of ransomware attacks targeting critical infrastructure firms in 2021, according to the FBI.
  • Further, defense bases and facilities are widely supported by various critical infrastructure and operational technology, from power generation and utilities to building automation and safety systems. Destruction or incapacitation of these bases can have a debilitating effect on the national economic security, safety, or any combination thereof, such as loss of power, exposure of confidential information, interruptions to operations, and threats to the safety of personnel.
  • Therefore, the issue of critical infrastructure protection is emerging as one of the primary concerns for the national governments, infrastructure managers, and local authorities. The European Union (EU), through its European Program for Critical Infrastructure Protection (EPCIP), announced the importance of CIP to all its member states and their citizens. In the EU, the importance of the free flow of people and goods and services required for maintaining trans-European transport networks, such as TEN-T, is a priority.
  • Moreover, for the SCADA (Supervisory Control and Data Acquisition) systems, the nature of the operation and communication exposes them to numerous threats, which might be caused by hardware or software errors, human mistakes, or deliberate, malicious actions. Combating such threat risks, which can jeopardize the security of control systems and their critical infrastructure, requires protection strategies to be carefully designed and appropriately implemented.
  • Further, security organizations across the world are witnessing an increase in attacks on industrial control networks. According to a survey by cybersecurity firm Trelix, hacker attacks on vital infrastructure increased by 70% in the fourth quarter of 2021.

Critical Infrastructure Protection Industry Segments

Critical infrastructure protection correlates to the vigilance and response to serious incidents that involve the critical infrastructure of a region or nation. Critical infrastructure includes banking and finance, transportation, energy & power, and defense. The rising need to protect these infrastructures from attacks leads to the adoption of critical infrastructure protection solutions. The study also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyzes the overall impact of COVID-19 on the ecosystem. The report's scope encompasses market sizing and forecast for segmentation by security, service, vertical, and geography.

Security Technology
Network Security
Physical Security
Screening & Scanning
Video Surveillance
PSIM & PIAM
Access Control
Vehicle Identification Management
Building Management Systems
Secure Communications
Radars
Scada Security
CBRNE
Services
Risk Management Services
Designing, Integration, and Consultation
Managed Services
Maintenance & Support
Vertical
Energy & Power
Transportation
Sensitive Infrastructure and Enterprises
Geography
North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Turkey
Rest of Middle East and Africa

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Critical Infrastructure Protection Market Trends

This section covers the major market trends shaping the Critical Infrastructure Protection Market according to our research experts:

Energy & Power Vertical is Expected to Hold a Significant Market Share

  • The government's increasing focus on renewable energy is expected to boost the adoption of critical infrastructure over the forecast period. For instance, the US military plans to produce 25% energy from renewable sources, as only 27 of more than 400 domestic military sites have fortified the PV microgrids. This factor made the majority vulnerable to long-term power disruptions.
  • The Critical Infrastructure Protection Plan (NERC CIP) is a set of security standards developed by the North American Electric Reliability Corporation to help electrical energy supply and delivery systems defend themselves against physical and electronic threats. It is worth mentioning that the petroleum and natural gas industries have comparable safeguards.
  • Personnel training, physical security, and supply chain risk management are among the topics covered by the CIP standards. However, most CIP standards focus on certain aspects of cybersecurity to protect bulk electric systems (BES) from attack. For instance, CIP-005-6 deals with electronic security perimeters and access control to BES cyber systems.
  • According to Ember, the share of energy from renewable sources used in global energy generation has been rising annually since 2007 and has almost doubled in 2021 at 28 percent. This indicates further the implementation of critical infrastructure protection in the energy & power sector, which has been rising for power generation from renewable sources, which will drive the market in the future.
  • In February 2021, cold weather disrupted power supplies in Texas, and a ransomware attack against Colonial Pipeline Company in May 2021 disrupted fuel supplies along the East Coast, sparking congressional concerns about the CISR effort and its voluntary public-private partnership model. The Department of Energy (DOE), in collaboration with the Department of Homeland Security (DHS), leads public-private partnerships in the energy industry, particularly the oil and gas subsector, for risk management and supply assurance. Pipeline safety and security are overseen by the Department of Transportation (DOT) and the Transportation Security Agency (TSA), a DHS agency.
Critical Infrastructure Protection Market : Share of Renewable Power in Energy Generation, In Percentage, Worldwide, 2015-2021

North America Accounts for the Largest Market Share

  • The United States is expected to be a prominent market, owing to the growing adoption of CIP solutions and services across different end-user verticals in the country. The country has a strong foothold of vendors, which positively contributes to the market's growth. Some of them include Honeywell International Inc., Raytheon Co., General Electric Co., General Dynamics, Lockheed Martin Corporation, and Northrop Grumman Corporation, among others.
  • The National Infrastructure Protection Plan (NIPP) was revised to identify 16 critical sectors susceptible to attacks across the country. It includes well-established global computer and telecommunication networks, financial systems, electrical grids, power plants, gas and distribution pipelines, oil refineries, chemical manufacturing plants, water treatment systems, and military communications, which rely on the 24/7 link of the interdependent network of information systems.
  • In the United States, most of the critical infrastructure, including oil and gas, electric power grids, defense, health care, banking and finance, and education, is owned by the private sector (about 85% according to DHS) and the public sector is regulating it.
  • Public and private relationships in critical infrastructure operations require a strong working partnership. Further, power grid and energy security require private-public cooperation and regulatory coordination among industries, DHS, the Department of Defense (DOD), and the Department of Energy (DOE). The power grid and other industrial infrastructure have been increasingly subjected to physical and cyber-attacks in the country.
  • Further, the market requires robust cloud intrusion protection and security solutions to safeguard critical data and suitable network security solutions. The recent email leaks and DNC hacks witnessed by the nation during the election period are expected to push organizations to reinforce data security. The US state, federal, and local government agencies ranked highest in cybersecurity than 17 private industry sectors, such as transportation, retail, and healthcare. However, the government expects to tighten the security norms to provide better cloud security in the near future.
Critical Infrastructure Protection Market- Growth Rate By Region (2022-2027)

Critical Infrastructure Protection Market Competitor Analysis

The Critical Infrastructure Protection Market is highly competitive, owing to the presence of many small and large players in the market operating their business in domestic and international markets. With the advent of infrastructure attacks, many vendors respond to the rising threat by offering critical information security solutions. These offerings have led to new services, technologies, and partnerships with leading essential providers of infrastructure.

  • April 2022 - The U.S. Department of Energy (DOE) announced USD 12 million in funding for six new research, development, and demonstration (RD&D) projects aimed at developing innovative cybersecurity technology to ensure energy delivery systems are designed, installed, operated, and maintained in a way that allows them to survive and recover quickly from cyberattacks.
  • March 2022 - McAfee Corp. has announced the completion of its acquisition by an investor group led by Advent International Corporation (“Advent”) and funds advised by Permira, Crosspoint Capital Partners L.P. (“Crosspoint”), Canada Pension Plan Investment Board (“CPP Investments”), GIC Private Limited (“GIC”), and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) (collectively, “the Investor Group”) in 14 billion USD.

Critical Infrastructure Protection Market Top Players

  1. BAE Systems PLC

  2. Honeywell International Inc.

  3. Raytheon Co.

  4. Airbus SE

  5. Hexagon AB

*Disclaimer: Major Players sorted in no particular order

Critical Infrastructure Protection Market  Concentration

Critical Infrastructure Protection Market Recent Developments

  • May 2022 - Armis announced the Critical Infrastructure Protection Program (CIPP) to help organizations supplying systemically important entities such as energy, water, marine ports, and wastewater to pinpoint and fortify assets in need of urgent security improvements. Under this new program, critical infrastructure providers in the U.S. and NATO-aligned countries will have complimentary access to Armis for three months.
  • March 2022 - With the official opening of the Critical Infrastructure Defense Center in New Brunswick, Siemens Canada continued to extend its footprint in the province and expand its worldwide cybersecurity offering (CIDC). The center is Siemens' first facility dedicated to Critical Infrastructure Protection (CIP) with an emphasis on Operations Technology (OT).

Critical Infrastructure Protection Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.2.1 Bargaining Power of Suppliers

      2. 4.2.2 Bargaining Power of Consumers

      3. 4.2.3 Threat of New Entrants

      4. 4.2.4 Threat of Substitute Products

      5. 4.2.5 Intensity of Competitive Rivalry

    3. 4.3 Assessment of Impact of Covid-19 on the Industry

    4. 4.4 Use Case Analysis- By End-Users

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Enormous Investments in Smart Grid Technology

      2. 5.1.2 Physical Threats, Cyber Threats, and Insider Attacks

      3. 5.1.3 Joint Functioning of Cloud Computing and Critical Infrastructure Protection

      4. 5.1.4 Political Pressures for Better Regulations and Implementations

    2. 5.2 Market Restraints

      1. 5.2.1 Poor Understanding of Industrial Control Systems

      2. 5.2.2 Lack of Interoperability between Products

    3. 5.3 Market Opportunities

      1. 5.3.1 IoT Driving the Information and Physical Security Market

  6. 6. MARKET SEGMENTATION

    1. 6.1 Security Technology

      1. 6.1.1 Network Security

      2. 6.1.2 Physical Security

        1. 6.1.2.1 Screening & Scanning

        2. 6.1.2.2 Video Surveillance

        3. 6.1.2.3 PSIM & PIAM

        4. 6.1.2.4 Access Control

      3. 6.1.3 Vehicle Identification Management

      4. 6.1.4 Building Management Systems

      5. 6.1.5 Secure Communications

      6. 6.1.6 Radars

      7. 6.1.7 Scada Security

      8. 6.1.8 CBRNE

    2. 6.2 Services

      1. 6.2.1 Risk Management Services

      2. 6.2.2 Designing, Integration, and Consultation

      3. 6.2.3 Managed Services

      4. 6.2.4 Maintenance & Support

    3. 6.3 Vertical

      1. 6.3.1 Energy & Power

      2. 6.3.2 Transportation

      3. 6.3.3 Sensitive Infrastructure and Enterprises

    4. 6.4 Geography

      1. 6.4.1 North America

        1. 6.4.1.1 United States

        2. 6.4.1.2 Canada

      2. 6.4.2 Europe

        1. 6.4.2.1 Germany

        2. 6.4.2.2 United Kingdom

        3. 6.4.2.3 France

        4. 6.4.2.4 Italy

        5. 6.4.2.5 Rest of Europe

      3. 6.4.3 Asia Pacific

        1. 6.4.3.1 China

        2. 6.4.3.2 Japan

        3. 6.4.3.3 India

        4. 6.4.3.4 Rest of Asia Pacific

      4. 6.4.4 Latin America

        1. 6.4.4.1 Brazil

        2. 6.4.4.2 Argentina

        3. 6.4.4.3 Mexico

        4. 6.4.4.4 Rest of Latin America

      5. 6.4.5 Middle East and Africa

        1. 6.4.5.1 United Arab Emirates

        2. 6.4.5.2 Saudi Arabia

        3. 6.4.5.3 South Africa

        4. 6.4.5.4 Turkey

        5. 6.4.5.5 Rest of Middle East and Africa

  7. 7. VENDOR MARKET SHARE ANALYSIS

  8. 8. COMPETITIVE LANDSCAPE

    1. 8.1 Company Profiles

      1. 8.1.1 Bae Systems PLC

      2. 8.1.2 Honeywell International Inc.

      3. 8.1.3 Airbus SE

      4. 8.1.4 Hexagon AB (Intergraph Corporation)

      5. 8.1.5 General Electric Company

      6. 8.1.6 McAfee Corp.

      7. 8.1.7 Waterfall Security Solutions

      8. 8.1.8 General Dynamics Corporation

      9. 8.1.9 Lockheed Martin Corporation

      10. 8.1.10 Northrop Grumman Corp.

      11. 8.1.11 Kaspersky Lab Inc.

      12. 8.1.12 Ericsson AB

    2. *List Not Exhaustive
  9. 9. INVESTMENT ANALYSIS

  10. 10. FUTURE OF THE MARKET

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Critical Infrastructure Protection Market Research FAQs

The Critical Infrastructure Protection Market is studied from 2018 - 2028.

The Critical Infrastructure Protection Market is growing at a CAGR of 7.76% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2018 - 2028.

North America holds highest share in 2021.

BAE Systems PLC, Honeywell International Inc., Raytheon Co., Airbus SE, Hexagon AB are the major companies operating in Critical Infrastructure Protection Market.

Critical Infrastructure Protection Industry Reports

In-depth industry statistics and market share insights of the Critical Infrastructure Protection sector for 2020, 2021, and 2022. The Critical Infrastructure Protection research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Critical Infrastructure Protection report PDF.

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