Global Cyber Security For Industrial Automation Market Trends: Regional Breakdowns and Strategic Insights
Discover trends, market shifts, and competitive outlooks for the cyber security for industrial automation industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Are the Projected Market Size and Growth Rates for the Cyber Security For Industrial Automation Market From 2025 To 2029?
The market size of cyber security for industrial automation has witnessed significant growth in the past few years. The market, which stood at $11.42 billion in 2024, is projected to expand to $12.81 billion in 2025, recording a compound annual growth rate (CAGR) of 12.1%. This impressive growth during the historical period can be traced back to increased interconnectivity of industrial systems, the surge in the use of Internet of Things (IoT) devices, adoption of Industry 4.0 technologies, prevalence of cyberattacks, along with intricate supply chains witnessed in industrial sectors.
In the coming years, the market for cyber security in industrial automation is anticipated to experience swift expansion. It’s projected to reach $20.01 billion by 2029, increasing at a compound annual growth rate (CAGR) of 11.8%. The predicted growth for this period can be credited to the heightened understanding among industry stakeholders, the proliferation of industrial automation, the integration of IT, and the upgrade of outdated industrial control systems (ICS). The increasing prevalence of IIoT security solutions, the use of AI and machine learning technologies, the growth of cloud-based security services and the adoption of Zero Trust Architecture principles are key trends expected in the forecast period.
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What Are the Major Market Drivers Behind the Rising Adoption of Cyber Security For Industrial Automation Market?
The rapid increase in cyberattacks is anticipated to boost the expansion of cybersecurity within the industrial automation sector. The term cyberattacks denotes harmful activities designed to exploit weaknesses in computer systems, networks, or software applications in order to illicitly gain access, disrupt procedures, or damage digital properties. The growth of these cyber threats can be attributed to the expanding frontiers for attacks, savvy threat actors, and an increasing need for cybersecurity vigilance and readiness. Cybersecurity in industrial automation is essential for protecting vital infrastructure and ensuring operational continuity while minimizing exposure to security, environmental, and fiscal hazards posed by cyber threats. A case in point is a report released in January 2023 by Check Point, an Israeli software security firm, which indicates a 38% rise in global cyberattacks in 2022 compared to the previous year. The communications sector reported an average of 1,380 cyberattacks per organization per week, representing a spike of 27% from 2021. In line with this, the Internet/managed service provider (ISP/MSP) sector noted an average of 1,372 attacks per organization on a weekly basis in 2022, suggestive of a 28% escalation from the preceding year. It is therefore evident that the escalation in cyberattacks is catalyzing the expansion of cybersecurity within the industrial automation market.
Which Key Market Segments Comprise the Cyber Security For Industrial Automation Market and Drive Its Revenue Growth?
The cyber security for industrial automation market covered in this report is segmented –
1) By Type: Programmable Automation System, Fixed Automation System, Flexible Automation System, Integrated Automation System
2) By Security Type: Enterprise Security, Supervisory Control And Data Acquisition (SCADA) Security, Network Security, Device Security, Physical Security
3) By Tools Or Technologies: Numerical Control (NC) Machine Tools, Programmable Logic Controllers (PLCS), Computer Numerical Control (CNC) Systems, Industrial Sensors
4) By End Use: Automotive Manufacturing, Electronics And Telecommunication, Food And Beverage Processing, Pharmaceuticals, Other End-Users
Subsegments:
1) By Programmable Automation System: PLC (Programmable Logic Controller) Systems, SCADA (Supervisory Control And Data Acquisition) Systems
2) By Fixed Automation System: Automated Assembly Lines, Specialized Robotics Systems
3) By Flexible Automation System: Reconfigurable Robotics, Flexible Manufacturing Systems (FMS)
4) By Integrated Automation System: Industrial Internet Of Things (Iiot) Integration, Integrated Control Systems
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Which Areas Are Leading Regions in the Cyber Security For Industrial Automation Market Expansion Across the Globe?
Asia-Pacific was the largest region in the cyber security for industrial automation market in 2024. The regions covered in the cyber security for industrial automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Strategic Trends Steering theCyber Security For Industrial Automation Market Direction?
Leading firms present in the cyber security for industrial automation market are concentrating on broadening their range of products by incorporating cutting-edge technologies such as an all-inclusive security testing suite for industrial networks to secure a competitive advantage. This all-inclusive security testing suite is a detailed software mechanism devised to detect, evaluate, and reduce vulnerabilities and security threats across a wide variety of applications, systems, and networks. For example, in October 2023, Siemens AG, a firm from Germany that specializes in automation, declared the introduction of Siemens SINEC security inspector, a complete security testing suite for industrial networks. It offers a unified user platform for a software structure that encompasses a multitude of cyber security tools, enabling individual network devices, segments, or the overall network infrastructure to be checked during maintenance. The SINEC Security Inspector fuses top-notch security tools in a single user interface, delivering a well-rounded method to network security testing.
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How Is the Cyber Security For Industrial Automation Market Conceptually Defined?
Cybersecurity for industrial automation refers to the implementation of protective measures and protocols aimed at safeguarding industrial control systems (ICS), machinery, and networks from cyber threats. This entails the deployment of robust security solutions and strategies to prevent cyberattacks, mitigate risks, and ensure the reliability, and confidentiality of critical infrastructure and industrial processes.
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