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(IT-NEWSWIRE.COM, April 22, 2017 ) According to Publisher, the Global Critical Infrastructure Protection Market is valued at $94.8 billion in 2015 and is expected to reach $163.8 billion by 2022 growing at a CAGR of 8.1% from 2015 to 2022. Some of the key drivers for the market growth include globally existing trend of investment in the smart grids, boost in IT spending and development in the operation of automation solutions. Moreover, factors such as integrated functioning of cloud and CIP rise in cyber-attacks & cyber-crimes and well-organized policy system & implementations are also fostering market growth. However, scarcity of technical personnel, a deep understanding of industrial control system and the paucity of interoperability between products are the major factors inhibiting the growth of critical infrastructure protection market.
For more information about this report: http://www.reportsweb.com/critical-infrastructure-protection-global-market-outlook-2016-2022
North America commanded the market with more than 30% market share in 2014 and this trend is expected to persist over the forecast period as well. The market is mainly driven by the United States, which continues to grow due to its vulnerability to terrorism, cyber hacking, bio-terrorism, hijacking and other such threats. However, Asia-Pacific is expected to be the fastest growing market during the forecast period. This growth is due to rising insider attacks, increasing cyber threats along with growing investments made towards infrastructure security. Risk management service holds the larger part in CIP followed by the designing, integration and consultation segment. Among applications, energy and power segment occupies the maximum market share.
Some of the key players in the market include IBM, Zareba Security, Waterfall Security Solutions Ltd, Thales Group, Raytheon Company, Northrop Grumman, NextNine, Mcafee, Inc, Lockheed Martin Corporation, Kaspersky Lab, Integraph Corporation, Honeywell International Inc, Hikvision Digital Technology Co. Ltd, General Electric, General Dynamics Corporation, EMC Corporation, Cisco, BAE Systems, Axis communication AB and Airbus Group SE.
Applications Covered:
- Enterprises Infrastructure
IT & Telecom
Government
Defense
Banking & Insurance
Public utilities
Manufacturing
Other Enterprises Infrastructures
- Transportation system
Railways
Roadways
Airways
Seaports
- Energy and Power
Power Production
- Power Grids
- Other Applications
Security Technologies Covered:
- Vehicle Identification Management
- Building Management Systems
- Secure Communication
- Physical Security
Video Surveillance
Access Control
Scanning and Screening
Surveillance systems
Software
Physical Security Information Management (PSIM)
Physical Identity and Access Management (PIAM)
Alarms and notification systems
- Network Security
- Radars
- Supervisory Control and Data Acquisition Security (SCADA) Security
- Chemical, Biological, Radiological and Nuclear Defense (CBRNE)
- Cyber security
- Other Security Technologies
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Services Covered:
- Designing, Integration and Consultation
- Risk Management Services
- Managed Services
- Support and Maintenance
- Other Services
Disaster recovery systems
Emergency response
Fire control and line safety systems
Verticals Covered:
- Transportation system
Seaports
Railway Infrastructure
Highways and Bridges
Airports
- Sensitive infrastructure and enterprises
Stadiums, Holy Places, and Public Places
Government Facilities and Defense Establishments
Communication Systems
Chemical and Manufacturing
Banking, Financial Services, and Insurance (BFSI)
Other Sensitive Infrastructures and Enterprises
- Energy and power
- Power Generation
Thermal Power Plants
Nuclear Power Plants
Renewable Energy Power Plants
Power Grids
Oil and Gas
- Other Verticals
Water utilities
Shipping service
Postal services
Healthcare and life science
Food and agriculture
Emergency services
Buildings
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
- Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
Company Profiling
11.1 IBM
11.2 Zareba Security
11.3 Waterfall Security Solutions Ltd.
11.4 Thales Group
11.5 Raytheon Company
11.6 Northrop Grumman
11.7 NextNine
11.8 Mcafee, Inc
11.9 Lockheed Martin Corporation
11.10 Kaspersky Lab
11.11 Integraph Corporation
11.12 Honeywell International Inc.
11.13 Hikvision Digital Technology Co. Ltd.
11.14 General Electric
11.15 General Dynamics Corporation
11.16 EMC Corporation
11.17 Cisco
11.18 BAE Systems
11.19 Axis communication AB
11.20 Airbus Group SE
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ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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