Industrial Cybersecurity Market Worth $49.53 Billion by 2030 Global Industrial Cybersecurity Market – 2 02 2 - 2 029 Page 1 of 3 © M eticulous R esearch | sales@meticulousresearch.com Meticulous Research® , a globally recognized market research firm, recently published a comprehensive report titled, 'Industrial Cybersecurity Market by Component (Solutions, Services), Security Type (Endpoint Security, Network Security), End User (Industrial Manufacturing, Tr ansportation & Logistics) and Geography — Global Forecasts to 2030.' Download PDF Brochure @ https://www.meticulousresearch.com/download - sample - report/cp_id=5316 According to this report, the global industrial cybersecurity market is expected to grow at a robust compound annual growth rate (CAGR) of 14.8% from 2023 to 2030, with its value reachin g $49.53 billion by the end of the forecast period. This growth is driven primarily by the rapid adoption of disruptive digital technologies, coupled with the rising frequency and sophistication of cyberattacks targeting industrial sectors. Additionally, t he increasing demand for cloud - based security solutions, especially among small and medium - sized enterprises (SMEs), and the rising implementation of Artificial Intelligence (AI), Machine Learning (ML), and Blockchain technologies in cybersecurity strategi es are projected to create significant growth opportunities. On the other hand, a notable challenge that could potentially hinder market growth is the shortage of skilled cybersecurity professionals. The report breaks down the global industrial cybersecuri ty market into several categories, such as components, security types, deployment modes, and end users, while also analyzing key competitors at both regional and country levels. Component Breakdown: The market is segmented into two primary components — solut ions and services. In 2023, the solutions segment is forecasted to command a larger share of the market, owing to increasing concerns about data security and privacy, as well as efforts within the industrial sector to enhance efficiency, cut costs, and str engthen security measures. Furthermore, the solutions segment is anticipated to grow at the highest CAGR during the forecast period, highlighting the increasing adoption of cybersecurity solutions across industries. Security Type Overview: The security types in the industrial cybersecurity market are categorized into network security, application security, cloud security, endpoint security, and other types. In 2023, the endpoint security segment is expected to dominate the market in terms o f share. This can be attributed to the exponential growth in the number of endpoint devices and the rising need for robust security solutions to safeguard enterprise networks. Furthermore, the endpoint security segment is projected to achieve the highest g rowth rate over the forecast period. Global Industrial Cybersecurity Market – 2 02 2 - 2 029 Page 2 of 3 © M eticulous R esearch | sales@meticulousresearch.com Deployment Mode Analysis: The market is also segmented by deployment modes, which include on - premise and cloud - based deployment. The cloud - based deployment segment is expected to dominate the market in 2023 due to the r apid expansion of cloud solutions, their superior flexibility and affordability, and the growing adoption of cloud - based security solutions among SMEs. Notably, this segment is predicted to grow at the highest CAGR throughout the forecast period. End User Segmentation: The report further segments the market by end user into industrial manufacturing, energy & utilities, transportation & logistics, and other sectors. The industrial manufacturing segment is expected to hold the largest share of the market in 2 023, driven by the growing need for real - time security monitoring, the rising frequency of cybersecurity incidents, and the increasing utilization of smart devices in manufacturing. However, the transportation & logistics sector is projected to exhibit the highest growth rate during the forecast period. Geographical Insights: Geographically, the market is divided into North America, Europe, Asia - Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to hold the largest share of the global industrial cybersecurity market, driven by proactive go vernment initiatives, advancements in technology, and the rising occurrence of cyberattacks in the region's industrial sector. However, the Asia - Pacific region is forecasted to register the highest CAGR over the forecast period, driven by rapid digitalizat ion, increased industrial activity, and a growing focus on cybersecurity. Key Players: The key players operating in the industrial cybersecurity market are Fortinet, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Palo Alto Networks , Inc. (U.S.), IBM Corporation (U.S.), Check Point Software Technologies Ltd. (Israel), F5, Inc. (U.S.), Splunk, Inc. (U.S.), Mandiant, Inc. (U.S.), Broadcom, Inc. (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Intel Corporation (U.S.), I mperva, Inc. (U.S.), Cyberark Software Ltd. (U.S.), and RSA Security LLC (U.S.). To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/industrial - cybersecurity - market - 5316 Key questions answered in the report: Which are the high - growth market segments in terms of component, security type, deployment mode, end user, and countries? Global Industrial Cybersecurity Market – 2 02 2 - 2 029 Page 3 of 3 © M eticulous R esearch | sales@meticulousresearch.com What is the historical market for industrial cybersecurity across the globe? What are the market forecasts and estimates for 2023 – 2030? What are the major drivers, restraints, and opportunities in the global industrial cybersecurity market? Who are the major players in the global industrial cybersecurity market, and what shares do they hold? Who are the major players in various countries, and what shares do they hold? How is th e competitive landscape? What are the recent developments in the global industrial cybersecurity market? What are the different strategies adopted by the major players in the market? What are the geographic trends and high - growth countries? Who are the loc al emerging players in the global industrial cybersecurity market, and how do they compete with the other players? Contact Us: Meticulous Research® Email - sales@meticulousresearch.com Contact Sales - +1 - 64 6 - 781 - 8004 Connect with us on LinkedIn - https://www.linkedin.com/company/meticulous - research