Market Size of Infrastructure Protection Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.30 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Infrastructure Protection Market Analysis
The infrastructure Protection Market is expected to grow at a CAGR of 6.3% for the next five years. One of the key factors fuelling the expansion of the market for infrastructure protection is the growing requirement to safeguard operational technology (OT) and Information technology (IT) networks across the globe.
- The current corporate environment is becoming more digital, and the number of targeted cyberattacks on vital infrastructure and IT systems is rising. For business operations, there is dependability on the availability and integrity of IT systems. The public and private sectors face new cybersecurity security risks due to the proliferation of connected devices.
- Understanding a potential risk in a company would be aided by risk management. The study carried out by this risk management software would assist the business in adhering to specific guidelines to prevent future problems. Other factors influencing the market growth include increasing cloud-based security solutions to boost productivity and efficiency, increasing security and data breaches, and expanding leading companies' research and development capacities.
- Infrastructures nowadays are interconnected with international digital ecosystems, enabling improved visibility, management, and general ease. However, the absence of adequate security gap analyses is one of the most challenging parts of managing infrastructures that interface with emerging technologies before, during, and after a digital transformation process. Due to their operating system's outdated design and the brittleness of their hardware and software architecture, control systems that operate within infrastructures are inherently vulnerable to today's sophisticated cyber operations.
- Infrastructure security design risks must be protected using many layers of defense and various review phases. The procedures would help businesses continue operating without interruption, but they must choose security solutions that are fit for the growing threats. Organizations should work with the desired partner and select a technical program to produce commercial success.
- Digital connectivity has become more valuable, and the COVID-19 pandemic has had a variety of occasionally conflicting repercussions on the digital infrastructure industry. The relevance of multiple infrastructure systems and services in sustaining economic and social activity and enabling responses to unforeseen threats and challenges while creating a vulnerability risk has been highlighted by COVID-19.
