Critical infrastructures, such as power plants, refineries, transportation systems, chemical factories, and manufacturing facilities are highly sophisticated and have a complex infrastructure. They require continuous monitoring and controlling at various levels to ensure the proper functioning of the facility. In the last decades, advanced network developments and ICS were used to enable remote command and control of these facilities. ICS is a support to the industrial process as it can command and control networks and systems in a facility.
Technavio’s analysts forecast the industrial control systems security software market in North America to grow at a CAGR of 5.64% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the industrial control systems security software market in North America for 2016-2020. To calculate the market size, the report considers the revenues generated from the sales of ICS security solutions that include anti-malware, firewall, database monitoring, cloud security, data loss prevention (DLP), intrusion detection and prevention, unified threat management, distributed denial of service, and security information and event management for industrial users.
The market is divided into the following segments based on product:
Technavio Announces the Publication of its Research Report – Industrial Control Systems Security Software Market in North America 2016-2020
Technavio recognizes the following companies as the key players in the industrial control systems security software market in North America: IBM, McAfee, and Symantec.
Other Prominent Vendors in the market are: Boeing, Booz Allen Hamilton, Brocade Communications Systems, Citrix Systems, Computer Science, EMC, F-Secure, HP, IBM, Kaspersky Lab, L-3 Communications, Microsoft, Northrop Grumman, Radware, SAIC, Trend Micro, and Websense.
Commenting on the report, an analyst from Technavio’s team said: “Emergence of deception technology will be a key trend for market growth. Deception technology is emerging as an advanced cyber security to enhance the network and data protection of an organization. By 2020, deception solutions will have a major role in enterprise threat defense. Deception solutions will have higher adoption in enterprises to enhance their level of security. The use of deceit is being widely adopted in enterprises to prevent black-hole malware botnets, threat actors, and suspicious connections. In some cases, federal investigators have used deception techniques to intercept and disrupt command-and-control communications during botnet takedowns.”
According to the report, one of the key drivers for market growth will be the requirement to improve quality of protection. With the increase in frequency and complexity of cyber-attacks, there is an immediate requirement for a foolproof protection mechanism. As a result of the growing complexity of applications that companies use in everyday operational processes, there is an increase in false positives and false negatives. The issue is complicated because of an absence of skillful IT professionals. For instance, solutions such as next-generation firewalls and deep packet scanning engines have complex outputs and require a high level of expertise to understand the outputs and take action accordingly. To understand and operate these solutions, companies need to train their staff adequately. However, companies often outsource these services to third-party service providers to eliminate training or recruitment expenditure. These agencies do not only have skilled staff but also specialize in countering various security threats.
Further, the report states that one of the challenges for market growth will be chances of failure during implementation phase. The chances of failure make prospective clients skeptical about the adoption of ICS security products and services. The implementation of these products and services consumes time as they are complex and require precision in their execution. In addition, during the implementation phase, vendors need to decide on the right devices for ICS security, their location in the client's architecture, and their proper configuration. This process is cumbersome, especially in the case of large companies with widespread operational and client bases. Therefore, the complexity of implementation increases the chances of failure, which could reduce the adoption of ICS security solutions.
IBM, McAfee, Symantec, Boeing, Booz Allen Hamilton, Brocade Communications Systems, Citrix Systems, Computer Science, EMC, F-Secure, HP, IBM, Kaspersky Lab, L-3 Communications, Microsoft, Northrop Grumman, Radware, SAIC, Trend Micro, Websense.
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