Cyber Security in Robotics Market to Record CAGR of ~11% Rise in Growth by 2019 - 2029

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Electronics, Semiconductors, and ICT

• September 2019

Report Id REP-GB-10489 Published On
Sep-2019 Category Electronics, Semiconductors,
and ICT
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Cyber Security in Robotics Market Analysis

• Cyber Security in Robotics Market  to register
  high revenue growth at 11 CAGR during 2019-
  2029
• VALLEY COTTAGE, N.Y. , Oct. 01, 2019 (GLOBE
  NEWSWIRE) -- A new market research report by
  Future Market Insights on cyber security in
  robotics market includes industry analysis
  2014-2018 and opportunity assessment 2019-2029.
  As per the findings of the report, the cyber
  security in robotics market reached a value of
  US 2.4 Bn in 2018. The report investigates and
  provides critical insights on cyber security in
  robotics market. Furthermore, the cyber security
  solution market is expected to experience
  substantial growth over the upcoming years, due
  to various factors, such as increasing demand for
  cloud security in robotics, increasing use of
  machine learning and artificial intelligence for
  cyber defense and increasing data protection for
  information security. 
• Insecure communications, authentication issues,
  weak default configuration, denial of service
  attacks, risk and vulnerabilities, and privacy
  issues have raised several security concerns in
  robotics. In consequence, the demand for cyber
  security solutions and services in robotics is
  increasing to prevent robot from being hacked,
  monitor the vulnerabilities, prevent the data
  from being tampered, and to prevent unauthorized
  access

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Cyber Security in Robotics Market Analysis

• According to the FMI report, authentication
  solution is expected to create an incremental
  opportunity of US 1.6 Bn for cyber security in
  robotics during the forecast period of 2019 to
  2029. In addition, denial of service protection
  solution is expected to witness high adoption
  rates during the forecast period, due to
  overloading online services which are vulnerable
  to DOS attacks. Furthermore, the world is
  witnessing rapid increase in information
  security, human safety, data protection which, in
  turn, is creating potential growth opportunities
  for the cyber security in robotics market
  players.
• Leveraging Artificial Intelligence and Machine
  Learning for Cyber Defense
• Artificial Intelligence and Machine Learning are
  being applied across major industries and
  applications, including the cyber security in
  robotics. These technologies are used to detect
  the cyber threats based on analyzing data and
  identifying a threat before it exploits a
  vulnerability in the information security in
  robotics. Moreover, Machine Learning remains a
  key focus area of companies operating in the
  cyber security in robotics market, as it enables
  the robot to predict threat and observe behavior
  anomalies with more accuracy. Machine learning
  and artificial intelligence are also used for
  detecting and tracking the active phishing
  sources.

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Cyber Security in Robotics Market Analysis

• Gains Upheld by Manufacturing Industry
  Prioritizing Robotic Security
• Security concerns in robotics are increasing, as
  robots are connected to other robots, enterprise,
  or to the cloud, which enables access to internal
  systems and data servers. The data collected by
  robots is used by manufacturers to maximize the
  production efficiency and improve product
  quality. To ensure safe production, manufacturers
  are investing in cyber security solution such as
  authentication solution, encryption solution,
  secure communication solution, and denial of
  service protection solution to protect robots
  from hacking and to deal with vulnerabilities in
  the process. Cyber security is a top priority for
  manufacturers as cyber-attacks on robots can
  cause them a huge loss in production.
• Cloud-based Security in Robotics
• The data gathered by robots in different sectors
  can be stored on the cloud and can be used in the
  future. This ensures productivity growth and
  lower costs for enterprise. Cloud-based security
  is important in robotics as it provides better
  tracking and monitoring system than other
  security solutions. It also provides real-time
  firewall and signature updates blocking harmful
  traffic.
• This study highlights key opportunities in the
  cyber security in robotics market and finds that
  the market will depict growth at a value CAGR of
  11 during forecast period. 

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Cyber Security in Robotics Market Analysis

• Press-release Source - https//www.globenewswire.c
  om/news-release/2019/10/01/1923217/0/en/Cyber-Secu
  rity-in-Robotics-Market-is-expected-to-grow-at-a-C
  AGR-of-11-during-the-forecast-period-of-2019-to-20
  29-Future-Market-Insights.html
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  syndicated research reports, custom research
  reports and consulting services which are
  personalized in nature. FMI delivers a complete
  packaged solution, which combines current market
  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

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Cyber Security in Robotics Market Analysis

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