Global Smart Grid Security Market Analysis
According to Verified Market Intelligence, The Global Smart Grid Security Market was valued at USD 5.15 Billion in 2017 and is projected to reach USD 10.75 Billion by 2025, growing at a CAGR of 11.2% from 2018 to 2025.
What is Smart Grid Security?
A smart grid is defined as an electrical grid that comprises of several energy as well as operational processes such as renewable and energy efficient resources. As the smart grid functions with the aid of the internet, it can be vulnerable to specific cyber-attacks. Regardless of this, there are several advantages to the implementation of smart grid technologies, such as the increased data resilience, enhanced network stability as well as the formation of network compliance.
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Global Smart Grid Security Market Outlook
The growing number of cyber-attacks has caused a need for integration of cyber security solutions such as smart grid IT. The evolution of systems such as smart grids have aided in the assurance of cyber safety for businesses that would otherwise remain vulnerable. This factor has led to the growth of the smart grid security market whereas factors like less awareness when it comes to security when it comes to smart grid stakeholders, as well as the necessity to maintain the cyber security standards, are restraining the growth of the smart security market.
Global Smart Grid Security Market Competitive Landscape
The “Global Smart Grid Security Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Siemens AG, Leidos, BAE Systems PLC, Elster Solutions, Intel Security, N-Dimension Solutions, Inc., IBM Corporation, Cisco Systems, Inc., Symantec Corporation, Alertenterprise. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Smart Grid Security Market, By Security Type
- Application security
- Endpoint security
- Database security
- Network security
Global Smart Grid Security Market, By Component
- Antivirus and antimalware
- Identity and Access Management (IAM)
- Consulting services
- Training and education
- Managed Service
- Professional Service
- Support and maintenance
Global Smart Grid Security Market, By Deployment Model
Global Smart Grid Security Market, By Subsystem
- Demand response
- Supervisory Control and Data Acquisition (SCADA)/Industrial Control System (ICS)
- Home energy management
- Advanced metering infrastructure
Global Smart Grid Security Market Geographic Scope
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of the World
Table Of Content
Introduction Of The Global Smart Grid Security
Research Methodology Of Verified Market Intelligence
The Global Smart Grid Security Outlook
The Global Smart Grid Security, By Systems
The Global Smart Grid Security, By Service
The Global Smart Grid Security, By Verticals
The Global Smart Grid Security, By Applications
The Global Smart Grid Security, By Geography
The Global Smart Grid Security Competitive Landscape
Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Smart Grid Security market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Smart Grid Security market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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