|By Business Wire||
|June 26, 2014 03:12 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/wjnfqs/global_industrial) has announced the addition of the "Global Industrial Control Systems (ICS) Security Market 2014-2018" report to their offering.
The requirement of a safe and secure system is one of the major drivers of the market. With a significant increase in cyber-attacks, it is necessary to have a high level of protection in place. Therefore, companies are opting for advanced ICS security solutions that secure their network from such attacks. Therefore, the demand for ICS security products and services is increasing significantly.
ICS are control systems that are used for industrial productions, which include SCADA systems, distributed control systems, programmable logic controllers, and programmable automation controllers. ICS security is used to monitor and control these systems on a regular basis. These security solutions offer monitoring, control, security, flexibility, high performance, and simplified operations. ICS security is mainly implemented in the Electrical, Oil and Gas, Water, Communication, and Transportation sectors. The increasing cyber-crime and intrusions in control systems has forced companies to implement ICS security solutions.
The demand for cloud services is one of the major trends being witnessed in the market. Cloud services offer many advantages over traditional security systems. Given their advantages, such as low cost and installation and operational ease, a large number of SMEs prefer cloud services over other security services. Further, some companies that adopted on-premises security services initially, are now switching over to the cloud model. Therefore, the increasing demand and popularity of cloud-based offerings is driving many vendors in the Global ICS Security market to offer cloud-based services. For instance, specialized cloud service providers such as AT&T, British Telecom, VeriSign, and Verizon all provide cloud security.
Further, the report states that the high cost of implementation is one of the key challenges faced by the market. Despite the many benefits, some organizations avoid investing in ICS security products and services because of the high costs involved in their implementation.
- Cisco Systems Inc.
- Fortinet Inc.
- General Dynamics Corp.
- Juniper Networks Inc.
- McAfee Inc.
- Raytheon Co.
- Symantec Corp.
Other Prominent Vendors
- Boeing Co.
- Booz Allen Hamilton Inc.
- Brocade Communications Systems
- Citrix Systems Inc.
- Computer Science Corp.
- EMC Corp.
- F-Secure Corp.
- Hewlett-Packard Co.
- IBM Corp.
- Kaspersky Lab
- L-3 Communications Corp.
- Microsoft Corp.
- Northrop Grumman Corp.
- Radware Ltd.
- SAIC Inc.
- Trend Micro Inc.
- Websense Inc.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the Key Market Trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
For more information visit http://www.researchandmarkets.com/research/wjnfqs/global_industrial