Market Research Logo

Global Utilities Security Market 2016-2020

About Utilities Security

The utilities infrastructure is a major part of critical infrastructure, which involves oil and gas and electricity. The number of critical infrastructures is likely to grow during the forecast period in different regions around the world. Critical infrastructures are high-value construction projects, and their security is crucial for governments as well as enterprises. An increased number of cyber threats are likely to cause more damage than physical threats. Owing to an increase in criminal activities over the network, governments have imposed strict regulations to secure critical infrastructures.Physical security involves the security of an organization's data, hardware, network, and computer programs from external threats. These threats can include burglary, data theft, and terrorism. Numerous hardware devices and software are being adopted by government organizations and enterprises to ensure the security of their assets and physical security of critical business data.Cyber security solutions prevent hackers and network intruders from attacking an organization's network. Cyber security is important for government organizations and enterprises that transmit large volumes of confidential data over the network, including financial and confidential data.

Technavio’s analysts forecast the global utilities security market to grow at a CAGR of 4.82% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global utilities security market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of the following applications:

  • Surveillance systems
  • Access control systems
  • Perimeter intrusion prevention system (PIPS)
  • Software
  • Cloud-based services
The market is divided into the following segments based on geography:
  • Americas
  • EMEA
  • APAC
Technavio's report, Global Utilities Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Axis Communications
  • Bosch Security Systems
  • Honeywell Security
  • Qognify
  • Tyco International
Other prominent vendors
  • AlienVault
  • Anixter
  • Cisco Systems
  • Computer Sciences Corporation
  • G4S
  • General Dynamics
  • General Electric
  • McAfee
  • Northrop Grumman
  • Siemens
  • Symantec
Market driver
  • To improve quality of data protection
  • For a full, detailed list, view our report
Market challenge
  • Integration issues of security solutions
  • For a full, detailed list, view our report
Market trend
  • Increased demand for vulnerability management and compliance
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Utilities Security Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Utilities Security Market: Axis Communications, Bosch Security Systems, Honeywell Security, Qognify, and Tyco International.

Other Prominent Vendors in the market are: AlienVault, Anixter, Cisco Systems, Computer Sciences Corporation, G4S, General Dynamics, General Electric, McAfee, Northrop Grumman, Siemens, and Symantec.

Commenting on the report, an analyst from Technavio’s team said: “Vendors offer simple security solutions that detect, identify, and mitigate attacks. However, with the increasing demand for advanced solutions and the growing preference for outsourcing network security to dedicated vendors, there is a need for sophisticated and advanced security services. For instance, the demand for complex services such as vulnerability management and policy or compliance-related solutions is expected to increase. In addition, there is an increasing demand for solutions that offer vulnerability scanning, patching, upgrades, configuration enforcement, and change control. As a result, vendors are expected to introduce customized and advanced utilities security products, thereby contributing to the growth of the market.”

According to the report, the need to increase the levels of protection is the major contributing factor to the growth of the global utilities security market. With the increase in frequency and complexity of cyber attacks, there is an urgent need for reliable protection solutions. As a result of the increasing complexity of the applications that companies use in their operational processes, there is an increase in false positives and false negatives in security systems. This issue is further complicated by the lack of skilled IT professionals.

Further, the report states that one of the major challenges that vendors encounter in the market is the issue of integrating their products with other security solutions.

Companies Mentioned

Axis Communications, Bosch Security Systems, Honeywell Security, Qognify, Tyco International, AlienVault, Anixter, Cisco Systems, Computer Sciences Corporation, G4S, General Dynamics, General Electric, McAfee, Northrop Grumman, Siemens, Symantec.

  • Executive summary
    • Highlights
  • Scope of the report
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market description
    • Workflow of access control systems
      • Table Workflow of access control systems
    • Workflow of surveillance systems
      • Table Workflow of surveillance systems
    • Workflow of PIPS
      • Table Workflow of PIPS
    • Stages of cyber security
      • Table Stages of cyber security
  • Assumptions
    • Table Assumptions
  • Market landscape
    • Market overview
      • Table Market overview of global utilities security market
    • Market size and forecast
      • Table Global utilities security market 2015-2020 ($ billions)
  • Life cycle analysis
    • Table Life cycle analysis 2016
    • Table Life cycle analysis 2020
  • Market segmentation by product
    • Global utilities security market by product 2015-2020
      • Table Global utilities security market by product 2015-2020 (% share)
    • Global utilities security market by physical security
      • Table Global utilities security market for physical security 2015-2020 ($ billions)
    • Global utilities security market by cyber security
      • Table Global utilities security market for cyber security 2015-2020 ($ billions)
  • Market segmentation by end-user
    • Global utilities security market by end-users 2015-2020
      • Table Global utilities security market by end-users 2015-2020 (% share)
    • Global utilities security market by oil and gas sector
      • Table Global utilities security market by oil and gas sector 2015-2020 ($ billions)
    • Global utilities security market by electricity sector
      • Table Global utilities security market by electricity sector 2015-2020 ($ billions)
  • Geographical segmentation
    • Segmentation of global utilities security market by region 2015-2020
      • Table Segmentation of global utilities security market by region 2015-2020 (% share)
    • Utilities security market in Americas
      • Table Utilities security market in Americas 2015-2020 ($ billions)
    • Utilities infrastructure security market in EMEA
      • Table Utilities infrastructure security market in EMEA 2015-2020 ($ billions)
    • Utilities infrastructure security market in APAC
      • Table Utilities infrastructure security market in APAC 2015-2020 ($ billions)
  • Market attractiveness
    • Market attractiveness by product
      • Table Market attractiveness by product 2015-2016
      • Table Market attractiveness by product 2019-2020
    • Market attractiveness by end-users
      • Table Market attractiveness by end-users 2015-2016
      • Table Market attractiveness by end-users 2019-2020
    • Market attractiveness by geography
      • Table Market attractiveness by geography 2015-2016
      • Table Market attractiveness by geography 2019-2020
  • Buying criteria
    • Table Buying criteria
    • Cost
    • Convergence
    • Storage
    • Security
  • Market drivers
    • To improve quality of data protection
    • Availability of security services outsourcing
    • Adoption of cloud-based services
    • Increased expenditure on utilities security
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High TCO of security solutions
    • Integration issues of security solutions
    • Unavailability of professional expertise
    • Scalability and automation issues
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increased demand for vulnerability management and compliance
    • Consolidation of security solutions
    • Shift from analog to IP cameras
    • Evolution of advanced security solutions
  • Impact of trends
    • Table Impact of trends
  • Five forces model
    • Table Five forces model
  • Key vendor analysis
    • Competitive analysis
    • Top-vendor offerings
      • Table Products and solutions
    • Vendor matrix
      • Table Vendor matrix
    • Key vendor comparison
      • Table Key vendor comparison 2015
    • Axis Communications
    • Bosch Security Systems
    • Honeywell Security
    • Qognify
    • Tyco International
  • Distribution Channel
    • Role of distributors in the market
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report