Critical Infrastructure Protection Market Expected to Reach 144.82 Billion USD by 2021

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MarketsandMarkets Presents
Critical Infrastructure Protection Market
Expected to Reach 144.82 Billion USD by 2021
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itical-infrastructure-protection-cip-market-988.ht
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According to a new market research
report "Critical Infrastructure Protection
Market by Security Technology (Network, Physical,
Radars, CBRNE, Vehicle Identification, Secure
Communication, SCADA, Building Management), by
Service, by Vertical by Region - Global
Forecast to 2021", published by
MarketsandMarkets, The Critical Infrastructure
Protection Market size is estimated to grow
from USD 102.47 Billion in 2016 to USD 144.82
Billion by 2021, at an estimated CAGR of 7.16
from 2016 to 2021.  Browse gtgt
88 Data Tables 46 Figures 159 Pages
and in-depth TOC on Critical Infrastructure
Protection Market
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Government regulations practices and increasing
number of cyber threats are driving the
implementation of CIP solutions and technologies.
Organizations, whether public or private, are
adopting technologies to protect their critical
infrastructure against malicious objects, make
quick response to block suspicious activity, and
safeguard both cyber physical
systems. Physical security technology to play a
key role in the Critical Infrastructure
Protection Market Physical security technology
is expected to have the largest market share in
the Critical Infrastructure Protection Market
during the forecast period as threats to physical
assets, incidence of terrorist attacks, and
government regulations have made it mandatory.
Also, there has been increased budget allocation
to implement physical security systems and
technologies to secure properties, resources, and
society.
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North America expected to contribute the largest
market share Middle East and Africa to grow the
with the highest rate  North America is
expected to hold the largest market share in the
Critical Infrastructure Protection Market from
2016 to 2021, due to strong government
regulations and best practices building many
associations to take care of critical
infrastructures, for example the North American
Electric Reliability Corporation (NERC). Middle
East and Africa is the fastest-growing region for
the global Critical Infrastructure Protection
Market due to growth in the number of sensitive
infrastructures and organizations in the region.
This in turn leads to high growth rate in
security needs for their critical infrastructure
so as to have resilience against cyber-attacks or
block unauthorized access and threats/attacks. Th
e major vendors in the Critical Infrastructure
Protection Market are BAE Systems, General
Dynamics, Honeywell International Inc., Lockheed
Martin, EMC Corporation, Raytheon, Airbus,
Intergraph Corporation, Waterfall Security
Solutions, and MacAfee, Inc.
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