Global Industrial Control Systems Security Market 2016-2020
ICS are system devices and command network designed to monitor industrial processes. The ICS family includes PLC, SCADA, DCS, manufacturing execution systems (MES), and other control configurations. Initially, ICS operated on isolated networks, running on proprietary protocols with custom software. Hence, the exposure of these systems to cyber threats was limited.
Technavio’s analysts forecast the global industrial control systems (ICS) security market to grow at a CAGR of 9.09% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial control systems (ICS) security market for 2016-2020. To calculate the market size, we consider revenue generated from sales and aftermarket services of industrial control systems security solutions.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Control Systems (ICS) Security Market 2016-2020
Technavio recognizes the following companies as the key players in the global industrial control systems (ICS) security market: Cisco, Fortinet, Kaspersky Labs, and Symantec.
Other Prominent Vendors in the market are: Booz Allen Hamilton, Brocade Communications Systems, Citrix Systems, Computer Science Corporation, EMC, F-Secure, IBM, L-3 Communications, and Trend Micro.
Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be rise in buffer overflow vulnerabilities. Buffer overflow represents the highest number of vulnerabilities in ICS. It is an anomaly where a program overruns the buffer's boundary while writing data. This defect in security allows the attackers to cause the program prematurely and freeze, leading to DoS. It also allows the hacker to execute the arbitrary code on the target system. Buffer overflow represents the highest share of vulnerabilities in ICS.”
According to the report, one of the key drivers for market growth will be the rise in industrial control system cyber threat. The rise in cyber-attacks on critical infrastructure has resulted in cyber security, which has become a prime concern among ICS vendors and end-users. These strategic attacks are aimed at causing disruption of industrial activity for monetary, political, or social gains and competitive or even personal grievance. Cyber-attacks are primarily aimed at ICS, such as DCS, PLC, SCADA, and HMI, through loopholes, which can include inadequate firewalls, lack of network segmentation, and unsecured remote access.
Further, the report states that lack of enforceable security laws will be a challenge for the market. Multiple standards and guidelines exist for the ICS security, including US NIST Interagency 7628 and NIST Special Publication 800-82, which covers smart grid cyber security strategy, architecture, and data privacy. The US and the UK governments had co-published the Control System Security Program Recommended Practice: Improving ICS Security Strategies.These standards and guidelines are a series of recommendations and not mandated for audit or certification. The lack of enforceable requirements acts as an obstacle to the global ICS security market. The energy and utility companies are predicted to invest in ICS security when financial punishment for not investing is threatened.
Cisco, Fortinet, Kaspersky Labs, Symantec, Booz Allen Hamilton, Brocade Communications Systems, Citrix Systems, Computer Science Corporation, EMC, F-Secure, IBM, L-3 Communications, Trend Micro.
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