Industrial Cybersecurity Market is forecasted to hit $49.53 billion by 2030.

1. Industrial Worth $49.53 Billion by 2030 Cybersecurity Market

2. Global Industrial Cybersecurity Market – 2022-2029 Meticulous Research®, a prominent player in global market analysis, has unveiled a comprehensive report titled "Industrial Cybersecurity Market by Component (Solutions, Services), Security Type (Endpoint Security, Network Security), End User (Industrial Manufacturing, Transportation & Logistics) and Geography—Global Forecasts to 2030." The latest insights from Meticulous Research® forecast a robust expansion in the global industrial cybersecurity sector, with an anticipated compound annual growth rate (CAGR) of 14.8% from 2023 to 2030, reaching an estimated value of $49.53 billion by 2030. The surge in growth is primarily driven by the advent of transformative digital technologies and a notable increase in the frequency and sophistication of cyber threats. Furthermore, the rising adoption of cloud-based security solutions among small and medium-sized enterprises (SMEs) and the integration of Artificial Intelligence (AI), Machine Learning (ML), and Blockchain technologies for enhanced cyber defense are expected to significantly contribute to market expansion. Despite these positive trends, the sector faces potential challenges due to a shortage of skilled professionals, which may slightly hinder growth. The market is intricately segmented by components, security types, deployment methods, and end users. The report also provides a thorough examination of industry competitors and a detailed analysis of the market at both country and regional levels. Component Segmentation: The industrial cybersecurity market is divided into solutions and services. In 2023, the solutions segment is projected to dominate the market share. This dominance is attributed to escalating concerns over data security and privacy, coupled with efforts by stakeholders in the industrial sector to enhance efficiency, minimize costs, and bolster security. This segment is expected to witness the highest CAGR throughout the forecast period. Security Type Segmentation: Regarding security types, the market is categorized into network security, application security, cloud security, endpoint security, and other types. The endpoint security segment is expected to capture the largest market share in 2023, driven by the rapid proliferation of endpoint devices and the growing demand for security solutions to protect various enterprise networks. This segment is also forecasted to achieve the highest CAGR during the forecast period. Deployment Mode Segmentation: The market is further segmented based on deployment mode into on-premise and cloud-based deployments. In 2023, the cloud-based deployment segment is anticipated to hold a larger share of the market. This is due to the fast-paced development of cloud deployment options, the enhanced flexibility and cost-effectiveness of cloud solutions, and their increasing adoption among SMEs. This segment is predicted to exhibit the highest CAGR over the forecast period. End User Segmentation: The market is also segmented by end users, including industrial manufacturing, energy & utilities, transportation & logistics, and other sectors. The industrial manufacturing segment is expected to represent the largest share in 2023, driven by the growing need for real-time security monitoring, an increase in cybersecurity incidents, and the rising use of smart devices. Conversely, the transportation & logistics sector is projected to experience the highest CAGR during the forecast period. Geographic Analysis: Geographically, the market is divided into North America, Europe, Asia- Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the global industrial cybersecurity market in 2023, owing to robust government initiatives, advanced technological developments in the region, and a rise in cyber-attacks targeting the industrial Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

3. Global Industrial Cybersecurity Market – 2022-2029 sector. Nonetheless, Asia-Pacific is forecasted to register the highest CAGR throughout the forecast period. Key Players: The key players operating in the industrial cybersecurity market are Fortinet, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), IBM Corporation (U.S.), Check Point Software Technologies Ltd. (Israel), F5, Inc. (U.S.), Splunk, Inc. (U.S.), Mandiant, Inc. (U.S.), Broadcom, Inc. (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Intel Corporation (U.S.), Imperva, Inc. (U.S.), Cyberark Software Ltd. (U.S.), and RSA Security LLC (U.S.). Download PDF Brochure @ https://www.meticulousresearch.com/download-sample- report/cp_id=5316 Key questions answered in the report: • Which are the high-growth market segments in terms of component, security type, deployment mode, end user, and countries? • What is the historical market for industrial cybersecurity across the globe? • What are the market forecasts and estimates for 2023–2030? • What are the major drivers, restraints, and opportunities in the global industrial cybersecurity market? • Who are the major players in the global industrial cybersecurity market, and what shares do they hold? • Who are the major players in various countries, and what shares do they hold? • How is the competitive landscape? • What are the recent developments in the global industrial cybersecurity market? • What are the different strategies adopted by the major players in the market? • What are the geographic trends and high-growth countries? • Who are the local emerging players in the global industrial cybersecurity market, and how do they compete with the other players? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com