USD 20.3 billion
Report ID:
SQMIG20O2007 |
Region:
Global |
Published Date: April, 2025
Pages:
202
|Tables:
211
|Figures:
82
Industrial Control Systems Security Market size was valued at USD 20.3 billion in 2023 and is poised to grow from USD 21.7 billion in 2024 to USD 37.01 billion by 2032, growing at a CAGR of 6.9% during the forecast period (2025-2032).
The global market for industrial control systems security has seen revenue increase as a result of the rise in cyberthreats. Industrial control systems are being more widely used in the manufacturing, chemical, energy, and other sectors as a result of the rise in cyberattacks. Many improvements in productivity and efficiency, as well as numerous changes to the way industrial processes operate, are anticipated to result from the shift to Industry 4.0. Industrial control systems are in demand because automation has increased productivity compared to traditional manufacturing methods and reduced production costs. The use of ICS solutions does, however, increase the requirement for security due to the exponential growth in cyberattacks and network security risks. The use of ICS security is significantly expanding as hackers attempt to break into company networks more frequently. The adoption of modern technologies is also producing enormous volumes of data, which is raising the demand for ICS security and, as a result, fuelling the global market's revenue growth. To preserve productivity, numerous automakers have automated their production plants. The demand for automobiles is anticipated to increase further as a result of the growing trend of switching from conventional to electric vehicles (EVs). For instance, according to the IEA, global sales of electric vehicles increased by a factor of two, from 3.0 million in 2020 to 6.6 million. These elements are promoting the use of industrial control systems and, as a result, are opening up profitable potential for the sector.
US Industrial Control Systems Security Market is poised to grow at sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 20.3 billion
Largest Segment
Solution
Fastest Growth
Services
Growth Rate
6.9% CAGR
To get more reports on the above market click here to Buy The Report
Global Industrial Control Systems Security Market is segmented by Component, Security Type, Vertical, Deployment Model and region. Based on Component, the market is segmented into Solution and Services. Based on Security Type, the market is segmented into Network Security, Endpoint Security, Application Security and Database Security. Based on Vertical, the market is segmented into Power, Energy and Utilities, Transportation Systems, Manufacturing and Others. Based on Deployment Model, the market is segmented into Cloud and On-premises. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The growth of the industrial sensors segment is driven by the growing adoption of Industry 4.0 and IIoT and the expansion of the wireless sensors market. Predictive maintenance is expected to offer lucrative opportunities to players operating in the industrial sensors market in the coming years. It involves capturing sensor data, facilitating data communications, and making predictions. As the sensor is an important part of predictive maintenance solutions, the demand for industrial sensors is expected to increase significantly in the coming years.
Network security is a method of protecting networks from sophisticated attacks. It consists of ICS security services, which guard different networking resources and assets in critical infrastructure management. To offer network security, it comprises several parts, including equipment and security software. By avoiding network defenses and focusing on weaknesses in the computing system, complex threats like sophisticated malware and other assaults, such as Advanced Persistent Threats (APTS), have a detrimental effect on the ICS ecosystem. Companies utilize ICS security services to stop misuse of networking resources and illegal access.
The industrial control systems ICS security market's growth in the manufacturing sector is witnessing a robust upsurge, driven by the increasing adoption of industrial automation and interconnected systems. The interconnected nature of these systems creates vulnerabilities that cyber attackers could exploit, potentially causing operational disruptions or even physical damage. As a result, manufacturers are prioritizing investments in specialized ICS security measures such as network segmentation, intrusion detection systems, and secure remote access to fortify their operational technology networks. Compliance mandates and industry standards further propel this growth as manufacturers seek to adhere to stringent regulatory requirements while ensuring the resilience of their production processes. Moreover, the rising number of attacks on the manufacturing vertical implies an urgent need for companies with OT infrastructure responsibility to secure the endpoints of their ICS systems.
The DCS segment is projected to account for the largest size of industrial automation market during the forecast period. The growth of this segment can be attributed to the rapid industrialization in emerging economies. Developing countries have expansion and capacity addition plans related to their power sector, which is expected to fuel the demand for DCS during the forecast period.
The Industrial Automation Market in Asia Pacific held the largest share (35.9%) of the overall market in 2021. The growth of the market in this region can be attributed to the increasing adoption of industrial automation technologies, especially across China and India. The growth of the market in China stems from the increase in labor wages and the presence of a large number of automobile manufacturing plants in the country.
To get detailed analysis on other segments, Request For Free Sample Report
Over the projection period, North America is anticipated to gain a significant market share in the industrial control systems (ICS) market worldwide. The fourth industrial revolution, which is taking place in the U.S., involves a greater use of data for production and its integration with various manufacturing systems throughout the supply chain. The country also boasts the biggest automobile markets, which together with the aforementioned considerations are boosting demand for industrial control systems there. In addition, during the course of the forecast period, growth in the global industrial control systems (ICS) market is anticipated to be driven by Canada's recovering economy.
Over the forecast period, Asia Pacific is also anticipated to experience significant expansion in the worldwide industrial control systems (ICS) market. This can be linked to the fact that China has one of the largest industrial sectors, which is continually changing as businesses implement automation more and more. In addition, it is anticipated that rising urbanization and consumer expenditure in India will lead to more manufacturing throughout the nation. Therefore, it is anticipated that the aforementioned factors will accelerate market expansion in Asia Pacific in the years to come.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Increasing Interconnectivity
Industrial Internet of Things (IIoT) Adoption
Complexity of Legacy Systems
Request Free Customization of this report to help us to meet your business objectives.
The market for industrial control systems (ICS) is extremely competitive on a global scale. This is related to the continual R & D activities and launches of new technologies by value chain participants. In order to increase their presence on a regional and international scale, significant players are also implementing a variety of corporate growth tactics.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analyses, the global industrial control systems (ICS) security market is experiencing significant growth and is expected to continue expanding in the coming years. ICS security refers to the protection of critical infrastructure, industrial networks, and control systems from cyber threats and attacks. The ICS security market has witnessed substantial growth due to the increasing number of cyber threats targeting critical infrastructure sectors. As industries become more interconnected and digitized, the need to secure industrial control systems have become paramount. The market size is expected to reach billions of dollars in the coming years, driven by the growing adoption of advanced security technologies and the increasing awareness of cybersecurity risks.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 20.3 billion |
Market size value in 2032 | USD 37.01 billion |
Growth Rate | 6.9% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Industrial Control Systems Security Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Industrial Control Systems Security Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Industrial Control Systems Security Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Industrial Control Systems Security Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Industrial Control Systems Security Market size was valued at USD 20.08 Billion in 2023 and is poised to grow from USD 21.39 Billion in 2024 to USD 35.38 Billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).
The market for industrial control systems (ICS) is extremely competitive on a global scale. This is related to the continual R & D activities and launches of new technologies by value chain participants. In order to increase their presence on a regional and international scale, significant players are also implementing a variety of corporate growth tactics. 'ABB Ltd. (Switzerland) ', 'Airbus Defense and Space (France) ', 'BAE Systems plc (United Kingdom) ', 'Bayshore Networks, Inc. (United States) ', 'Cisco Systems, Inc. (United States) ', 'Clarity Ltd. (Israel) ', 'CyberArk Software Ltd. (Israel) ', 'Forescout Technologies, Inc. (United States) ', 'Fortinet, Inc. (United States) ', 'General Electric Company (United States) ', 'Honeywell International Inc. (United States) ', 'IBM Corporation (United States) ', 'Kaspersky Lab (Russia) ', 'McAfee LLC (United States) ', 'Palo Alto Networks, Inc. (United States) ', 'Rockwell Automation, Inc. (United States) ', 'Schneider Electric SE (France) ', 'Siemens AG (Germany) ', 'Trend Micro Incorporated (Japan) ', 'Tripwire, Inc. (United States) ', 'Waterfall Security Solutions Ltd. (Israel)'
The integration of operational technology (OT) with information technology (IT) networks and the convergence of OT and IT infrastructure are driving the demand for robust ICS security solutions. As industries embrace digital transformation, interconnected systems enable enhanced monitoring, control, and data analysis. However, this interconnectivity also expands the attack surface, making it crucial to secure the connections between IT and OT environments.
The growing trend for organizations such as the power sector, manufacturing, and industrial areas increases the demand for ICSs to manage their industrial operations. Today, Industrial Control Systems face an extensive range of security threats almost every day. In today’s digital economy, these threats have become more advanced. At the same time, the industrial sector continues to become more dependent on control systems. Because of this, it is becoming important than ever to have an understanding of the importance of industrial cyber security and keep an eye on emerging security trends and threats. Technology is a fast-flowing stream. There is a constant necessity to provide cyber security solutions to every industrial control system. In the present situation, the top three business concerns for ICS professionals were: ensuring reliability and availability of control systems, lowering risk/improving security, and ensuring the health and safety of employees.
Over the projection period, North America is anticipated to gain a significant market share in the industrial control systems (ICS) market worldwide. The fourth industrial revolution, which is taking place in the U.S., involves a greater use of data for production and its integration with various manufacturing systems throughout the supply chain. The country also boasts the biggest automobile markets, which together with the aforementioned considerations are boosting demand for industrial control systems there. In addition, during the course of the forecast period, growth in the global industrial control systems (ICS) market is anticipated to be driven by Canada's recovering economy.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG20O2007
[email protected]
USA +1 351-333-4748