Latin America, Middle East & Africa Industrial Control System Security Market By Product Type (Solution - Firewall, Intrusion Detection System/Intrusion Prevention System, Antivirus/Anti-Malware, Unified Threat Management & SIEM, Data Loss Prevention, Distributed Denial of Service, SCADA Encryption, Virtualization Security, Identity & Access Management), Services (Risk Management Services, Design, Integration, & Consulting, Managed Services, Audit & Reporting), Security Type (Endpoint, Applicati
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Market Report Description
The Latin America, Middle East and Africa Industrial Control Systems Security Market would grow at a CAGR of 8.4% during 2017 -2023. Industrial control systems are incorporated into a wide range of industrial machineries. ICS is most vulnerable to cyber-attacks and therefore, it is among the top-targeted technologies on a global level. Malware infections and other forms of attacks on systems such as PLC, DCS, and SCADA could have a devastating impact and can lead to invalid data sent to operations and invalid programming sent to controllers. Therefore, the vendors within the industrial automation sector are collaborating with various IT security service providers to build computer-based end-points systems to protect the industrial infrastructure. The rapid growth in the incidences of cyber-attacks and network security threats, significant growth in the investments related to smart technologies, and governmental support for Industrial Control Systems Security (ICS security) have driven the demand for ICS security solutions. The use of Industrial Control Systems (ICS) helps in monitoring industrial processes such as those in oil and gas, nuclear, power transmission and distribution, manufacturing, chemical, and other industries
Based on the Product type, the Industrial Control Systems Security market is segmented into Solution and Services. The Solution market is further segmented into Firewall, Intrusion Detection System/Intrusion Prevention System, Antivirus/Anti-Malware, Unified Threat Management & SIEM, Data Loss Prevention, Distributed Denial of Service, SCADA Encryption, Virtualization Security, Identity & Access Management and Others. The Services market is segmented into Risk Management Services, Design, Integration, & Consulting, Managed Services and Audit & Reporting. Based on the Security Type, the market is segmented into Endpoint Security, Application Security, Database Security and Network Security. The verticals covered under the report include Power, Energy & Utilities, Transportation Systems, Chemical & Manufacturing and Others.Based on country, Latin America, Middle East and Africa Industrial Control Systems Security market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of Latin America, Middle East & Africa (LAMEA). Brazil remained the dominant country in the Latin America, Middle East and Africa Industrial Control Systems Security market in 2016. UAE and Saudi Arabia would witness promising CAGR during the forecast period (2017-2023).
The report covers the analysis of key stake holders of the Industrial Control Systems Security market. Key companies profiled in the report include ABB Group, Belden Inc., Check Point Software Technologies, Cisco Systems, Inc., Fortinet Inc., General Electric (GE), Honeywell International, Inc., McAfee LLC, Siemens AG, and FireEye, Inc.