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Cybersecurity in Power - Thematic Research

Publisher GlobalData
Published Jul 27, 2022
Length 67 Pages
SKU # GBDT17401695

Description

Cybersecurity in Power - Thematic Research

Summary

As we move toward an increasingly online world, the importance of cybersecurity for power utilities will only increase. The revenues of global cybersecurity in the energy sector are headed for strong growth in the first half of the 2020s and will reach $10 billion by 2025. The CAGR of cybersecurity in the energy sector is set to be 9.1% between 2019 to 2025. Digitalization has been a theme that has been heavily adopted in the power sector in recent years. Consequently, the importance of cybersecurity has commensurately increased with the adoption of more and more digital devices. The US-China trade war, followed by COVID-19 and the Russian invasion of Ukraine, has made the world of business much more focused on geopolitics. The power sector, which is arguably the most strategic of all industries, has to pay enormous attention to these changes.

Scope
  • This report focuses on cybersecurity in power.
  • It identifies the key challenges facing the power sector and how cybersecurity can help overcome these challenges. It contains details of M&A deals driven by the cybersecurity theme, and a timeline highlighting milestones in the development of cybersecurity.
  • In addition, the report discusses possible cybersecurity applications in the power industry as well as the benefits to utilities.
  • The report also provides an overview of the competitive positions held by leading technology vendors in general and in particular to power sector, moreover it includes major adoptors of cybersecurity in the power sector. It also covers primary and secondary research case studies on how cybersecurity is being adopted in the power sector
Reasons to Buy

The report provides -
  • A comprehensive analysis of the present scenario and emerging market trends in power sector and how cybersecurity can help overcome challenges.
  • Insights of the leading players in cybersecurity theme and where do they fit in the value chain.
  • Extensive analysis of the cybersecurity industry, cybersecurity disruption in power sector, key mergers and acquisitions and significant milestones in the journey of cybersecurity.
  • Profiles of major market players within the cybersecurity industry and leading adopters of cybersecurity in power sector, which aid in interpreting the competitive outlook of this theme. It helps utilities to identify possible blind spots resulting from technology disruptions and market linkages in order to fully comprehend the risks and possibilities affecting their industry.

Table of Contents

67 Pages
  • Executive Summary
    • Key players in the cybersecurity value chain
    • Cybersecurity hardware
    • Cybersecurity software
    • Cybersecurity services
    • Figure 17: Cybersecurity was the second most disruptive tech theme for professionals across 30 industries
    • Key challenges facing the power sector
    • Figure 18: Thematic impact assessment
    • How do digitalization and COVID-19 accelerate the need for cybersecurity?
    • How does geopolitics accelerate the need for cybersecurity?
    • How do ESG and the energy transition accelerate the need for cybersecurity?
    • Nozomi Networks' sensors help protect utilities like GE Power from cyber threats
    • Siemens has created its own AI-based cybersecurity monitoring and detection tool
    • Claroty's tailored cybersecurity solutions thwart cyberattacks
    • Market size and growth forecasts
    • Mergers and acquisitions
    • Patent trends
    • Company filings trends
    • Hiring trends
    • Cybersecurity timeline
    • Leading cybersecurity adopters in power
    • Leading cybersecurity vendors
    • Specialist cybersecurity vendors in power
    • Power sector scorecard
    • Glossary
    • GlobalData reports
    • Figure 34: Our five-step approach for generating a sector scorecard
  • About GlobalData
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