Enterprises' Need for OT Security Expertise Propels Growth of Industrial Cybersecurity Market

From a regional perspective, North America holds the largest revenue share of the industrial cybersecurity market. Organizations are motivated by directives from the White House, Department of Energy and Transportation Security Administration. Similarly, the renewed regulatory push, framework modernization, increasing awareness, and digitalization initiatives are accelerating industrial cybersecurity solutions growth in Europe. The Middle East has many mature cybersecurity programs, and its stable growth is due to its reliance on critical infrastructure sectors. Asia-Pacific and Latin America, although increasingly aware of cybersecurity risks, still have a way to go.

SAN ANTONIO, 06/04/2022 (informazione.news - comunicati stampa - scienza e tecnologia)

From a regional perspective, North America holds the largest revenue share of the industrial cybersecurity market. Organizations are motivated by directives from the White House, Department of Energy and Transportation Security Administration. Similarly, the renewed regulatory push, framework modernization, increasing awareness, and digitalization initiatives are accelerating industrial cybersecurity solutions growth in Europe . The Middle East has many mature cybersecurity programs, and its stable growth is due to its reliance on critical infrastructure sectors. Asia-Pacific and Latin America , although increasingly aware of cybersecurity risks, still have a way to go.

"Industrial cybersecurity is pivoting toward convergence and creating an ecosystem of trust. More companies from different backgrounds will form strategic partnerships to deliver fully integrated and joint solutions," said . "In addition, successful OT alert management to reduce high volumes of false positives will be essential amid increasing threats and vulnerabilities."

Venkataramani added: "Advanced technologies such as artificial intelligence (AI), self-learning AI, and machine learning (ML) will be differentiating factors in detecting advanced and unknown threats, and more companies will embrace AI and ML."

Security vendors' move to meet customer needs in the evolving threat landscape presents them with the following opportunities:

is the latest addition to Frost & Sullivan's research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Melissa Tan
Corporate Communications
T: +65 6890 0926
E: melissa.tan@frost.com

http://www.frost.com

Photo - https://mma.prnewswire.com/media/1781520/Enterprises__Need_for_OT_Security_Expertise.jpg