Industrial Control Systems (ICS) Security Market Report by Component (Solution, Services), System Type (SCADA, DCS, PLC, and Others), Security Type (Network Security, Endpoint Security, Application Security, Database Security), Application (Manufacturing, Power & Energy, Mining, Water Utility, Transportation, and Others), and Region 2024-2032

Industrial Control Systems (ICS) Security Market Report by Component (Solution, Services), System Type (SCADA, DCS, PLC, and Others), Security Type (Network Security, Endpoint Security, Application Security, Database Security), Application (Manufacturing, Power & Energy, Mining, Water Utility, Transportation, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5954
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Market Overview:

The global industrial control systems (ICS) security market size reached USD 21.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 40.3 Billion by 2032, exhibiting a growth rate (CAGR) of 7.19% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
USD 21.3 Billion
Market Forecast in 2032
USD 40.3 Billion
Market Growth Rate 2024-2032 7.19%


Industrial control systems (ICS) security refers to various practices employed to protect computer-controlled systems from cybersecurity threats. These systems are widely utilized in industrial processes to automate or remotely control product manufacturing, handling, and distribution. Some commonly used ICS security solutions include asset inventory and detection, vulnerability management, network intrusion protection and detection, endpoint detection and response, patch management, and user and access management. In recent years, ICS security solutions have gained traction across numerous industries, including automotive, power and utilities, oil and gas, chemical, food and beverage, and pharmaceuticals.

Industrial Control Systems (ICS) Security Market Trends:

ICS security solutions help safeguard the software and hardware that are used to operate machinery against cyberattacks without interrupting day-to-day operations. As a result, the escalating demand for secure ICS and the rising cyberattacks and network security threats represent the primary factors driving the market growth. Besides this, the widespread adoption of the Internet of Things (IoT) and automation technologies across various industries is augmenting the product demand. Additionally, the recent coronavirus disease (COVID-19) outbreak has accelerated the adoption of digital transformation strategies, which, in turn, has strengthened the need for security. Along with this, the increasing investments in smart grid deployment and the rising number of automated manufacturing facilities in the automotive sector are encouraging automakers to opt for ICS security solutions. Moreover, several leading players are focusing on research and development (R&D) activities to launch advanced product variants for enhanced protection against evolving cyberattacks. Other factors, including the increasing penetration of innovative technologies in industrial systems, surging production of electric vehicles (EVs), rapid industrialization, favorable government initiatives, and technological advancements, are also expected to create a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial control systems (ICS) security market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, system type, security type and application.

Breakup by Component:

  • Solution
  • Services
     

Breakup by System Type:

  • SCADA
  • DCS
  • PLC
  • Others
     

Breakup by Security Type:

Breakup by Application:

  • Manufacturing
  • Power & Energy
  • Mining
  • Water Utility
  • Transportation
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global industrial control systems (ICS) security market. Detailed profiles of all major companies have also been provided. Some of the companies covered include:

  • ABB Ltd.
  • AhnLab Inc.
  • AO Kaspersky Lab
  • Belden Incorporated
  • Broadcom Inc.
  • Check Point Software Technologies Ltd.
  • Cisco Systems Inc.
  • Claroty Inc.
  • Fortinet Inc.
  • Honeywell International Inc.
  • International Business Machines Corporation
  • Palo Alto Networks Inc.
  • Siemens AG
     

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units Billion USD
Segment Coverage Component, System Type, Security Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., AhnLab Inc., AO Kaspersky Lab, Belden Incorporated, Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Claroty Inc., Fortinet Inc., Honeywell International Inc., International Business Machines Corporation, Palo Alto Networks Inc., Siemens AG
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global Industrial Control Systems (ICS) security market was valued at USD 21.3 Billion in 2023.

We expect the global Industrial Control Systems (ICS) security market to exhibit a CAGR of 7.19% during 2024-2032.

The growing demand for ICS security solutions to safeguard the software and hardware against cyberattacks and network security threats without interrupting day-to-day operations is primarily driving the global Industrial Control Systems (ICS) security market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing deployment of ICS security solutions, owing to the escalating adoption of digital transformation strategies to automate product manufacturing, handling, and distribution to combat the spread of the coronavirus infection upon human interaction.

Based on the component, the global Industrial Control Systems (ICS) security market can be categorized into solution and services. Currently, solution accounts for the majority of the global market share.

Based on the system type, the global Industrial Control Systems (ICS) security market has been segregated into SCADA, DCS, PLC, and others. Among these, SCADA currently holds the largest market share.

Based on the application, the global Industrial Control Systems (ICS) security market can be bifurcated into manufacturing, power & energy, mining, water utility, transportation, and others. Currently, the transportation sector exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global Industrial Control Systems (ICS) security market include ABB Ltd., AhnLab Inc., AO Kaspersky Lab, Belden Incorporated, Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Claroty Inc., Fortinet Inc., Honeywell International Inc., International Business Machines Corporation, Palo Alto Networks Inc., and Siemens AG.

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Industrial Control Systems (ICS) Security Market Report by Component (Solution, Services), System Type (SCADA, DCS, PLC, and Others), Security Type (Network Security, Endpoint Security, Application Security, Database Security), Application (Manufacturing, Power & Energy, Mining, Water Utility, Transportation, and Others), and Region 2024-2032
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