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Global Industrial Cybersecurity Services Market, Forecast to 2022

Global Industrial Cybersecurity Services Market, Forecast to 2022

Industrial cybersecurity market has been experiencing rapid growth and gaining widespread significance in recent years. High penetration of Industrial Internet of Things (IIoT) technology in critical infrastructure industries (power utilities, oil & gas etc.) and the manufacturing sector has resulted in increased threat attack surfaces. Cyber attacks in the energy and utilities industries alone cost an average of $13.2million/year. These cyber physical attacks have gained government and end-user scrutiny, resulting in a number of cybersecurity regulations being enforced globally. Rising incidences of cyber attacks, evolving compliance regulations by governments, and increased awareness among mature and less mature market have accelerated the adoption of cybersecurity approaches. However, the high complexity of cybersecurity and unclear return on investment (ROI) benefits are creating ambiguity among end users. Market participants are addressing current industry needs by introducing a number of service packages consisting of an assortment of managed and professional cybersecurity services. With the attacks increasing in target and sophistication, cybersecurity approaches need to evolve over time. End users want scalability and flexibility in cybersecurity amid an ever-changing threat landscape. Service providers have hence started to transition to cybersecurity-as-a-service (CSaaS) models. A service-based approach to cybersecurity has given rise to service models such as software-as-a-service (SaaS) and platform-as-a-service (PaaS). Service providers are also focusing on pay-as-you-go expertise by providing SaaS models on a subscription basis that enables continuous monitoring and assessment of the industrial environment.

The industrial cybersecurity services market is largely fragmented with vendors from both the information technology (IT) and operational technology (OT) sides leveraging their domain expertise to provide lifecycle services for cybersecurity with innovative service platforms and management consoles. North America, Europe and Middle East are mature markets in terms of cybersecurity with a high degree of adoption of Internet of Things (IoT) and increased scrutiny on critical infrastructure protection. Outsourcing of managed security services is a growing trend with service providers presenting subscription-based models to implement scalability and flexibility in cybersecurity and enable alignment of their services as per end-user requirements. Professional services are also seeing high market acceptance with the increasing need of expertise as a service in the cybersecurity field owing to the crippling shortage of in-house talent. Market participants are focusing on offering a comprehensive portfolio, providing end users the ability to select services best suited to their cybersecurity goals. With security gaps existing in the IT and OT divergent scenarios of the industrial control systems (ICS) space, market participants are establishing partnerships with vendors from different backgrounds to provide joint solutions for IT/OT security in the industrial environment.


  • Executive Summary
    • Key Findings
    • Current and Future Areas of Differentiation
    • Market Engineering Measurements
    • CEO's Perspective
    • Talk to Experts
    • Services 2.0 Framework
  • Market Overview
    • Market Definitions
    • Key Questions This Study Will Answer
    • Market Segmentation Services Type
    • Market Distribution Channel
  • Market Segmentation
    • Industrial Cybersecurity Service Providers Market Landscape
    • Major Industrial Cybersecurity Service Providers
    • Market Opportunity Matrix for Industrial Cybersecurity Services
  • Drivers and Restraints—Total Industrial Cybersecurity Services Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Market Forecasts
    • Market Engineering Measurements
      • Table Total Industrial Cybersecurity Services Market: Market Engineering Measurements, Global, 2017
    • Forecast Assumptions
    • Revenue Forecast
      • Table Total Industrial Cybersecurity Services Market: Revenue Forecast, Global, 2016-2022
    • Revenue Forecast Discussion
    • Percent Revenue Forecast by Region
      • Table Total Industrial Cybersecurity Services Market: Percent Revenue Forecast by Region, Global, 2016-2022
    • Revenue Forecast by Region
      • Table Total Industrial Cybersecurity Services Market: Revenue Forecast by Region, Global, 2016-2022
    • Revenue Forecast Discussion by Region
    • Revenue Forecast by Vertical Market
      • Table Total Industrial Cybersecurity Services Market: Revenue Forecast by Vertical Market, Global, 2016-2022
    • Revenue Forecast Discussion by Vertical Market
  • Market Share and Competitive Analysis
    • Market Share Analysis
    • Competitive Environment
    • Competitive Analysis
    • Top Competitors
    • Companies to Action
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1—Acquisition Integration Model
    • Growth Opportunity 2—Coopetition: Emerging Partnership With Competitors
    • Growth Opportunity 3—Subscription-based Services
    • Strategic Imperatives for Service Providers
  • Visioning Scenarios
    • Transition to Security as a Service
    • Cybersecurity Platforms for Service Deployments
    • Monetization of Cybersecurity as a Service
    • Emerging Partnerships
  • Managed Security Services Segment Analysis
    • Implications of Managed Security Services
    • Overview of Current Managed Security Services
    • Managed Security Services—Integrated Model Service Delivery
    • Managed Security Services—Pricing Model Approach for Service Packages
    • Managed Security Services—Pricing Model Development
    • Market Engineering Measurements
      • Table Managed Security Services Segment: Market Engineering Measurements, Global, 2017
    • Revenue Forecast
      • Table Managed Security Services Segment: Revenue Forecast, Global, 2016-2022
    • Revenue Forecast Discussion
    • Market Share Analysis
  • Professional Services Segment Analysis
    • Implications of Professional Services
    • Market Engineering Measurements
      • Table Professional Services Segment: Market Engineering Measurements, Global, 2017
    • Revenue Forecast
      • Table Professional Services Segment: Revenue Forecast, Global, 2016-2022
    • Revenue Forecast Discussion
    • Market Share Analysis
    • Companies to Action
  • The Last Word
    • The Last Word—3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • Abbreviations
    • Companies Interviewed

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