LONDON, Sept. 27, 2022 (GLOBE NEWSWIRE) — Rising Adoption of Cloud Technologies and IoT Devices is Expected to Drive Growth in Critical Infrastructure Protection, According to The Business Research Company Research Report on the Critical Infrastructure Protection Market will be future market. The Internet of Things (IoT) uses software and other technologies to connect and transfer data to devices and systems over the web, and uses cloud technologies to transfer data over the internet instead of on computer hard drives. A system of physical items that store and access In critical infrastructure, cloud computing provides data confidentiality, integrity, availability, and compliance with applicable standards.
For example, according to Rapyder, an India-based cloud services and solutions company, as of November 2020, more than 79% of organizations have adopted multi-cloud technologies. Hence, increasing adoption of cloud technology and IoT is boosting the demand for critical infrastructure protection market.
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The global critical infrastructure protection market size is $128.95 billion in 2021 to $139.15 billion in 2022 at compound annual growth rate (CAGR) 7.9%. The global critical infrastructure protection market size is $175.4 billion in 2026 and CAGR 6%.
Technological advancement is a key trend gaining popularity in the critical infrastructure protection market. Leading companies operating in the critical infrastructure protection sector focus on developing technologically advanced products to strengthen their market position. For example, in February 2022, US-based software company Forcepoint launched Forcepoint One, a cloud platform built on Zero Trust and SASE (Secure Access Service Edge) technology. This product allows organizations to protect their infrastructure by managing one set of policies from a single console. Users can manage a variety of security services while reducing costs and managing over 50 products. The platform is an all-in-one security platform, simplified for traditional and remote workers, to control access to information on the web, cloud, or private applications.
Major Players in Critical Infrastructure Protection Market are BAE Systems plc, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc, Airbus SE, Raytheon Company, Thales Group, Hexagon AB, Johnson Controls International, Teltronic, General Dynamics Corporation, Optasense, Waterfall is. Security Solutions, Rolta, and SCADAfence.
The global critical infrastructure protection market is segmented by component into solutions, services. From security technology to network security, physical security, and more. vertically into the commercial sector, telecommunications, chemical and manufacturing, oil and gas, and others.
North America was the largest region in the critical infrastructure protection market in 2021. Asia Pacific expected to be fastest growing region in the Global Critical Infrastructure Protection industry during the forecast period. Regions covered by the Global Critical Infrastructure Protection Market Research Report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Critical Infrastructure Protection Global Market Report 2022 – Market Size, Trends and Global Forecast 2022-2026 provides an overview of the Critical Infrastructure Protection market, analyzing and forecasting the overall market size and growth, a series from The Business Research Company. One of the new reports in Market, Critical Infrastructure Protection Market Segments and Regions, Critical Infrastructure Protection Market Trends, Critical Infrastructure Protection Market Drivers, Critical Infrastructure Protection Market Constraints, Revenue, Profiles, and Market Shares of Critical Infrastructure Protection Market-leading Competitors Over 1,000 industry reports covering over 2,500. Market segments and 60 regions.
The report also provides an in-depth analysis of the impact of COVID-19 on the market. The report is based on unique insights drawn from 150,000 datasets, extensive secondary research, and interviews with industry leaders. Our team of experienced and professional analysts and modelers provide market analysis and forecasts. The report identifies top countries and segments for opportunities and strategies based on market trends and approaches of key competitors.
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