Operational Technology Security Market Size, Forecast & Share Analysis 2030

Name: Operational Technology Security Market Size, Forecast & Share Analysis 2030
Creator: Mordor Intelligence
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Operational Technology (OT) Security Market Size and Share

Market Overview

Study Period	2019 - 2030
Market Size (2025)	USD 22.15 Billion
Market Size (2030)	USD 42.63 Billion
Growth Rate (2025 - 2030)	13.99% CAGR
Fastest Growing Market	Asia Pacific
Largest Market	North America
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Operational Technology (OT) Security Market (2025 - 2030) — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Operational Technology (OT) Security Market Analysis by Mordor Intelligence

The operational technology security market generated USD 22.15 billion in 2025 and is forecast to reach USD 42.63 billion by 2030, signifying a 13.99% CAGR. Widespread digitalization of critical infrastructure exposed formerly isolated industrial control systems to internet-based threats, prompting urgent investment in layered cyber defense. Manufacturing accounted for 25.7% of reported industrial cyber incidents in 2023–2024, highlighting the sector’s vulnerability to ransomware, wiper malware, and state-sponsored sabotage. Geopolitical tension compounded risk: state-aligned groups increased attacks on energy, transport, and water assets by 49% during 2024. Regulatory pressure accelerated spending; North American pipeline operators must now report incidents within 12 hours to CISA, driving uptake of continuous-monitoring platforms. Platform consolidation gained momentum because the EU NIS2 Directive requires “state-of-the-art” controls across supply chains, encouraging buyers to shift from point tools to integrated offerings. Simultaneously, the shortage of OT-specific cyber talent pushed many operators toward managed detection and response services that combine AI analytics with 24/7 incident handling.^{[1]CISA, “Secure by Demand: Priority Considerations for Operational Technology Owners and Operators,” cisa.gov}

Key Report Takeaways

By component, solutions held 62.9% of operational technology security market share in 2024, while services are projected to expand at an 18.2% CAGR to 2030.
By deployment mode, on-premises retained 71.1% revenue share in 2024; cloud deployments record the fastest projected CAGR at 21.5% through 2030.
By end-user industry, manufacturing led with 29.2% of the operational technology security market share in 2024; power utilities are advancing at a 19.9% CAGR through 2030.
By security layer, network monitoring captured 46.7% share of the operational technology security market size in 2024, while identity and access management is growing at 22.4% CAGR.
By geography, North America commanded a 38.6% share in 2024; Asia-Pacific is forecast to grow at a 20.3% CAGR between 2025–2030.

Global Operational Technology (OT) Security Market Trends and Insights

Drivers Impact Analysis

Driver	(~) % Impact on CAGR Forecast	Geographic Relevance	Impact Timeline
Surge in cyberattacks on critical infrastructure	+3.2%	Global	Short term (≤ 2 years)
Convergence of IT and OT networks expanding attack surface	+2.8%	North America and the EU	Medium term (2-4 years)
Stricter global/regional regulations and standards	+2.1%	EU primary, North America secondary	Medium term (2-4 years)
Rapid Industry 4.0 / IIoT adoption in process industries	+1.9%	APAC core, spill-over to global	Long term (≥ 4 years)
Insurance underwriting requirements linking premiums to OT-security posture	+1.4%	North America and the EU	Medium term (2-4 years)
Emergence of plant-level zero-trust reference architectures	+1.1%	Global	Long term (≥ 4 years)

Source: Mordor Intelligence

Surge in Cyber-Attacks on Critical Infrastructure

Water utilities disclosed 400 exposed web interfaces in mid-2025, illustrating the scale of unsecured industrial assets. Sophisticated malware such as IOCONTROL targeted programmable logic controllers to enable covert manipulation of process variables. AI-driven anomaly-detection tools gained traction because rule-based systems struggled to recognize previously unseen behaviours. Beyond operational downtime, attacks produced cascading supply-chain disruption that affected adjacent sectors such as chemicals and transport.

Convergence of IT and OT Networks Expanding Attack Surface

Eighty percent of manufacturers experienced more security incidents after integrating enterprise IT resources with plant networks in 2024. Cloud analytics and predictive-maintenance workloads improved productivity but simultaneously exposed legacy protocols lacking authentication. Hybrid security operations centres that fuse IT and OT expertise became a strategic imperative, supported by network segmentation and asset-discovery engines that maintain real-time inventories of controllers, sensors, and gateways.

Stricter Global/Regional Regulations and Standards

The EU NIS2 Directive, effective October 2024, imposed incident-reporting deadlines of 24 hours and penalties up to EUR 10 million (USD 11.5 billion) for non-compliance. In the United States, updated TSA pipeline directives require automated reporting feeds from SCADA environments to CISA. Because both frameworks demand “state-of-the-art” security, operators replaced isolated sensors and firewalls with integrated platforms featuring continuous monitoring, encrypted remote access, and supply-chain risk assessment.

Rapid Industry 4.0 / IIoT Adoption in Process Industries

Connected production lines leveraging 5G, edge computing, and time-sensitive networking boosted throughput and predictive-maintenance accuracy, yet introduced fresh vulnerabilities to clock-synchronization attacks. Pharmaceutical plants had to secure remote quality-control labs and comply with FDA data-integrity guidelines concurrently. Vendors that embedded zero-trust identity controls at the device layer gained a competitive advantage.

Restraints Impact Analysis

Restraint	(~) % Impact on CAGR Forecast	Geographic Relevance	Impact Timeline
High implementation and lifecycle cost of OT security platforms	-2.1%	Global, acute in emerging markets	Medium term (2-4 years)
Legacy system and protocol compatibility limitations	-1.8%	Global, concentrated in mature industrial regions	Long term (≥ 4 years)
Budget deprioritisation at small/mid-size industrial sites	-1.3%	Global, particularly acute in APAC and MEA	Short term (≤ 2 years)
Shortage of OT-specific cyber-talent and field engineers	-1.1%	Global, severe in North America and the EU	Long term (≥ 4 years)

Source: Mordor Intelligence

High Implementation and Lifecycle Cost of OT Security Platforms

Comprehensive OT security programs require multi-million-dollar outlays spanning hardware sensors, license fees, and multi-year maintenance contracts. Smaller electric utilities relied on the USD 250 million Rural and Municipal Advanced Cybersecurity Grant to offset adoption costs. Custom integration and prolonged factory-acceptance testing inflated the total cost of ownership, encouraging phased rollouts that can leave critical assets unprotected during transition.

Legacy System and Protocol Compatibility Limitations

Controllers deployed 15–20 years ago often lack encryption or user authentication, forcing operators to install protocol gateways that introduce latency and new failure modes. Pharma facilities struggled to meet current good manufacturing practice rules while retrofitting security on validated machinery. Continuous-process industries avoided downtime, making security upgrades dependent on scheduled plant turnarounds, which elongate remediation cycles.

Segment Analysis

By Component: Services Accelerate Platform Adoption

Solutions accounted for 62.9% revenue in 2024 because asset-discovery engines, intrusion-detection appliances, and segmentation gateways form the backbone of any operational technology security market program. However, services are rising at an 18.2% CAGR through 2030 as operators lean on managed detection, incident response, and compliance audits to offset the cyber-talent gap.^{[2]Rockwell Automation, “OT Threat Detection for Industrial Cybersecurity,” rockwellautomation.com} Vendors now bundle outcome-based contracts that guarantee mean-time-to-detect thresholds and support around-the-clock SOC monitoring.

Industrial firms increasingly treat cyber resilience as an operational key-performance indicator rather than a capital project. Managed OT SOC offerings deliver scalable expertise without inflating headcount, while professional-services teams customize zero-trust architectures across heterogeneous controllers from Siemens, ABB, and Emerson. This shift underpins platform stickiness because continuous services embed vendor staff inside plants, discouraging technology swaps and stabilizing recurring revenue within the operational technology security market.

Operational Technology (OT) Security Market — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

By Deployment Mode: Cloud Adoption Accelerates Despite Security Concerns

On-premises deployments dominated early rollouts due to latency sensitivities and data-sovereignty rules, capturing 71.1% share in 2024. Yet cloud-delivered analytics and configuration management are expanding at a 21.5% CAGR as hyperscalers achieve IEC 62443 and ISO 27001 certifications. Smaller manufacturers leverage consumption-based pricing to avoid capital expenditure while accessing advanced AI threat-correlation engines.

Hybrid architectures prevail, sensitive process variables remain inside the plant DMZ, whereas encrypted telemetry feeds behavioural indicators to cloud SOCs for long-term trending, threat-intelligence enrichment, and forensic search. As confidence grows, operators migrate historian backups, firmware repositories, and vulnerability-scanning workloads to the cloud, a trend expected to raise the operational technology security market size attributable to SaaS platforms.

By End-User Industry: Power Utilities Drive Fastest Growth

Manufacturing led spending with 29.2% of operational technology security market share in 2024, reflecting a high incidence of ransomware on automotive, electronics, and consumer-goods lines. Plants embraced inline intrusion-detection and segmentation gateways to safeguard just-in-time workflows and quality-control records.

The power sector is scaling fastest at a 19.9% CAGR as grid-modernization and renewables integration expose legacy substations to IP networking. NERC CIP audits incentivize utilities to deploy device identity vaults, secure remote maintenance and anomaly-detection analytics, lifting the operational technology security market size for electric-sector offerings. Water and wastewater utilities are following, driven by federal guidance on basic hygiene, such as multifactor authentication and patch-management metrics.

By Security Layer: Identity Management Gains Momentum

Network monitoring and anomaly-detection sensors captured 46.7% of spend in 2024 because visibility remains the foundational control. Deep-packet-inspection engines baseline Modbus, Profinet, and OPC UA traffic, allowing rapid flagging of malicious write commands or rogue firmware uploads.

Zero-trust initiatives elevated identity-and-access-management to the fastest-growing layer at 22.4% CAGR. Device certificates, privileged-access workstations, and role-based entitlements limit lateral movement if perimeter controls fail. As multi-factor authentication extends to engineering-workstation logins, operators allocate more budget to directory services, policy-enforcement engines, and just-in-time credential brokers, expanding the share of the operational technology security market devoted to identity controls.

Geography Analysis

North America retained leadership with 38.6% of 2024 revenue after headline attacks on pipelines, food processors, and local water districts drove bipartisan investment in critical-infrastructure defense. TSA directives obligate energy-pipeline operators to continuously monitor SCADA traffic and report anomalies within 12 hours. Canada invested in cybersecurity frameworks for hydroelectric dams, while Mexican automotive corridors boosted SOC outsourcing agreements.

Asia-Pacific delivered the highest growth trajectory, with the operational technology security market size expanding at a 20.3% CAGR between 2025-2030. China modernized its petrochemical and rail systems with 5 G-connected sensors, India mandated CERT-In incident reporting for power plants and smart-city projects, and Japan reinforced its nuclear-plant control systems against geopolitical disruption. ASEAN countries leveraged foreign direct investment to incorporate IEC 62443 assessments from project inception, sidestepping legacy-retrofit challenges.

Europe maintained steady momentum as the NIS2 Directive widened compliance scope to thousands of medium-sized industrial firms.^{[3]ENISA, “NIS360 Report Guides NIS2 Implementation,” industrialcyber.co} Germany established state subsidies for SME machine-builders adopting secure-by-design PLCs, the UK’s Critical National Infrastructure Centre published procurement checklists for secure remote-access gateways, and Italy accelerated renewables integration, demanding secure inverter telemetry. Eastern European utilities prioritized the segmentation of legacy substations, lifting regional demand within the operational technology security market.

Competitive Landscape

The operational technology security market remains moderately fragmented. Broad-spectrum network-monitoring vendors such as Claroty, Dragos, Nozomi Networks, and Armis strengthened their positions through partnerships with automation majors ABB, Siemens, Schneider. Hardware-centric suppliers like Fortinet and Cisco embedded deep-packet inspection into ruggedized firewalls, while Microsoft extended Defender for IoT to Azure Arc-enabled factories.

AI-centric challengers gained share by automating root-cause triage. Darktrace applied self-learning models to detect subtle analog signal deviations that traditional rules missed, triggering autonomous policy enforcement. Nozomi Networks secured USD 100 million Series E funding in 2024 to accelerate R&D on cloud-based asset intelligence and expand global MSSP alliances.^{[4]Nozomi Networks, “Nozomi Networks Secures $100 Million Investment,” nozominetworks.com}

Managed-service providers (MSPs) capitalized on persistent talent shortages. Rockwell Automation, Honeywell, and Accenture launched co-managed OT SOC offerings bundling 24/7 monitoring, incident response, and regulatory reporting portals. Market leadership is beginning to consolidate around suppliers capable of unifying asset inventory, anomaly detection, device identity, and workflow orchestration within a single license, boosting platform stickiness and recurring revenue stability across the operational technology security market.

Operational Technology (OT) Security Industry Leaders

Fortinet Inc.
Nozomi Networks Inc.
Claroty Ltd.
Honeywell International Inc.
Siemens Aktiengesellschaft (Siemens AG)
*Disclaimer: Major Players sorted in no particular order

Operational Technology (OT) Security Market Concentration — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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Recent Industry Developments

June 2025: Industrial Cyber reported 400 exposed U.S. water-facility interfaces, triggering coordinated mitigation across federal and state agencies.
February 2025: Gartner released the first cyber-physical systems vendor ranking, placing Claroty, Nozomi, and Dragos in the leadership tier.
January 2025: CISA published “Secure by Demand” procurement guidance for OT owners, emphasizing logging, secure-by-default configurations and vulnerability-management features.
October 2024: EU NIS2 Directive entered force, introducing penalties up to EUR 10 million for essential-service operators failing to implement ten minimum cybersecurity measures.

Table of Contents for Operational Technology (OT) Security Industry Report

1. INTRODUCTION

1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

4.1 Market Overview
4.2 Market Drivers
- 4.2.1 Surge in cyber-attacks on critical infrastructure
- 4.2.2 Convergence of IT and OT networks expanding attack surface
- 4.2.3 Stricter global/regional regulations and standards (e.g., NIS2, TSA SD02C)
- 4.2.4 Rapid Industry 4.0 / IIoT adoption in process industries
- 4.2.5 Insurance underwriting requirements linking premiums to OT-security posture
- 4.2.6 Emergence of plant-level zero-trust reference architectures
4.3 Market Restraints
- 4.3.1 High implementation and lifecycle cost of OT security platforms
- 4.3.2 Legacy system and protocol compatibility limitations
- 4.3.3 Budget deprioritisation at small / mid-size industrial sites
- 4.3.4 Shortage of OT-specific cyber-talent and field engineers
4.4 Value Chain Analysis
4.5 Regulatory Landscape (IEC 62443, NIS2, TSA, CISA, ISA/IEC-99)
4.6 Technological Outlook (AI-driven anomaly detection, 5G campus networks, TSN)
4.7 Porter’s Five Forces Analysis
- 4.7.1 Threat of New Entrants
- 4.7.2 Bargaining Power of Buyers
- 4.7.3 Bargaining Power of Suppliers
- 4.7.4 Threat of Substitutes
- 4.7.5 Intensity of Competitive Rivalry
4.8 Macroeconomic Impact Assessment

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

5.1 By Component
- 5.1.1 Solutions
- 5.1.2 Services
5.2 By Deployment Mode
- 5.2.1 On-Premises
- 5.2.2 Cloud
5.3 By End-User Industry
- 5.3.1 Manufacturing
- 5.3.2 Oil and Gas
- 5.3.3 Power Utilities
- 5.3.4 Transportation and Logistics
- 5.3.5 Chemicals and Pharma
- 5.3.6 Mining and Metals
5.4 By Security Layer
- 5.4.1 Network Monitoring and Anomaly Detection
- 5.4.2 Endpoint / Device Security
- 5.4.3 Identity and Access Management
- 5.4.4 Secure Remote Access and Segmentation Gateways
- 5.4.5 Governance, Risk and Compliance Platforms
5.5 By Geography
- 5.5.1 North America
- 5.5.1.1 United States
- 5.5.1.2 Canada
- 5.5.1.3 Mexico
- 5.5.2 South America
- 5.5.2.1 Brazil
- 5.5.2.2 Argentina
- 5.5.2.3 Rest of South America
- 5.5.3 Europe
- 5.5.3.1 Germany
- 5.5.3.2 United Kingdom
- 5.5.3.3 France
- 5.5.3.4 Italy
- 5.5.3.5 Spain
- 5.5.3.6 Nordics
- 5.5.3.7 Benelux
- 5.5.3.8 Russia
- 5.5.3.9 Rest of Europe
- 5.5.4 Asia-Pacific
- 5.5.4.1 China
- 5.5.4.2 Japan
- 5.5.4.3 India
- 5.5.4.4 South Korea
- 5.5.4.5 ASEAN
- 5.5.4.6 Rest of Asia-Pacific
- 5.5.5 Middle East and Africa
- 5.5.5.1 Middle East
- 5.5.5.1.1 GCC
- 5.5.5.1.2 Turkey
- 5.5.5.1.3 Israel
- 5.5.5.1.4 Rest of Middle East
- 5.5.5.2 Africa
- 5.5.5.2.1 South Africa
- 5.5.5.2.2 Rest of Africa

6. COMPETITIVE LANDSCAPE

6.1 Market Concentration Analysis
6.2 Strategic Moves and Funding Landscape
6.3 Market Share Analysis
6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
- 6.4.1 Fortinet, Inc.
- 6.4.2 Nozomi Networks Inc.
- 6.4.3 Claroty Ltd.
- 6.4.4 Honeywell International Inc.
- 6.4.5 Siemens Aktiengesellschaft (Siemens AG)
- 6.4.6 Schneider Electric SE
- 6.4.7 Rockwell Automation, Inc.
- 6.4.8 GE Vernova LLC
- 6.4.9 Darktrace Holdings Limited
- 6.4.10 Palo Alto Networks, Inc.
- 6.4.11 Cisco Systems, Inc.
- 6.4.12 International Business Machines Corporation
- 6.4.13 Dragos, Inc.
- 6.4.14 Tenable, Inc.
- 6.4.15 Armis Security Ltd.
- 6.4.16 Forescout Technologies, Inc.
- 6.4.17 Check Point Software Technologies Ltd.
- 6.4.18 Microsoft Corporation
- 6.4.19 Waterfall Security Solutions Ltd.
- 6.4.20 OPSWAT, Inc.
- 6.4.21 Radiflow Ltd.
- 6.4.22 Indegy Ltd. (now part of Tenable, Inc.)
- 6.4.23 BAE Systems plc
- 6.4.24 Tripwire, Inc.
- 6.4.25 AO Kaspersky Lab

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

7.1 White-space and Unmet-need Assessment

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Global Operational Technology (OT) Security Market Report Scope

Operational technology (OT) security addresses the distinct security requirements of OT settings, which encompass safeguarding system availability, comprehending OT-specific protocols, and thwarting attacks aimed at the legacy systems prevalent in OT environments.

The study thoroughly analyzes the trends and dynamics surrounding industrial operational technology solutions. Market estimations are based on the revenue generated by vendors in this sector. The study examines how macroeconomic factors influence the market, allowing for more accurate estimates.

The operational technology (OT) security market is segmented by component (operational technology solutions, operational technology services), deployment (on-premise, cloud), end-user vertical (automotive, chemical and petrochemical, power and utilities, pharmaceuticals, food and beverage, oil and gas, and other end-user verticals), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Component	Solutions
	Services
By Deployment Mode	On-Premises
	Cloud
By End-User Industry	Manufacturing
	Oil and Gas
	Power Utilities
	Transportation and Logistics
	Chemicals and Pharma
	Mining and Metals
By Security Layer	Network Monitoring and Anomaly Detection
	Endpoint / Device Security
	Identity and Access Management
	Secure Remote Access and Segmentation Gateways
	Governance, Risk and Compliance Platforms

By Geography	North America	United States
		Canada
		Mexico

	South America	Brazil
		Argentina
		Rest of South America

	Europe	Germany
		United Kingdom
		France
		Italy
		Spain
		Nordics
		Benelux
		Russia
		Rest of Europe

	Asia-Pacific	China
		Japan
		India
		South Korea
		ASEAN
		Rest of Asia-Pacific

	Middle East and Africa	Middle East	GCC
			Turkey
			Israel
			Rest of Middle East

		Africa	South Africa
			Rest of Africa

By Component

Solutions

Services

By Deployment Mode

On-Premises

Cloud

By End-User Industry

Manufacturing

Oil and Gas

Power Utilities

Transportation and Logistics

Chemicals and Pharma

Mining and Metals

By Security Layer

Network Monitoring and Anomaly Detection

Endpoint / Device Security

Identity and Access Management

Secure Remote Access and Segmentation Gateways

Governance, Risk and Compliance Platforms

By Geography

North America	United States
	Canada
	Mexico
South America	Brazil
	Argentina
	Rest of South America
Europe	Germany
	United Kingdom
	France
	Italy
	Spain
	Nordics
	Benelux
	Russia
	Rest of Europe
Asia-Pacific	China
	Japan
	India
	South Korea
	ASEAN
	Rest of Asia-Pacific

Middle East and Africa	Middle East	GCC
		Turkey
		Israel
		Rest of Middle East

	Africa	South Africa
		Rest of Africa

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Key Questions Answered in the Report

What is driving the rapid growth of the operational technology security market?

Escalating cyber-attacks on critical infrastructure, convergence of IT and OT networks, and new regulations such as the EU NIS2 Directive are pushing industrial operators to adopt integrated security platforms and managed OT SOC services.

Which region is expanding fastest?

Asia-Pacific is forecast to grow at a 20.3% CAGR from 2025–2030 thanks to large-scale smart-manufacturing investments, 5G industrial deployments, and government mandates for critical-infrastructure protection.

Why are identity-and-access-management tools gaining momentum in OT environments?

Zero-trust architectures require continuous verification of users and devices, making certificate-based authentication and privileged-access controls the fastest-growing security layer at a 22.4% CAGR.

How are cost constraints being addressed for smaller utilities and manufacturers?

Federal grants such as the USD 250 million Rural and Municipal Advanced Cybersecurity Grant and cloud-delivered SOC services allow operators with limited budgets to access enterprise-grade protections without extensive capital expenditure.

What competitive factors differentiate leading vendors?

Winners combine deep-packet-inspection visibility, AI-driven anomaly detection, device identity governance, and global managed-services delivery, often within an ecosystem of industrial-automation partnerships that accelerate deployment.

How do new regulations change procurement priorities?

Frameworks like TSA pipeline directives and NIS2 require “state-of-the-art” controls and continuous monitoring, leading buyers to favor platforms with built-in compliance dashboards, automated reporting, and supply-chain risk-assessment modules.

Page last updated on: June 20, 2025