The global Critical Infrastructure Protection Market is expected to reach USD 178.3 billion by 2029.

From GlobeNewswire: 2024-12-12 08:00:00

The global Critical Infrastructure Protection Market is set to reach USD 178.3 billion by 2029 with a CAGR of 3.8%. Rising cyberattacks and government initiatives are key drivers, while the lack of cybersecurity professionals and interoperability gaps pose challenges. The adoption of IoT and increased infrastructure investments present growth opportunities.

Key players in the market include BAE Systems, Lockheed Martin, and Honeywell. The rise in cyberattacks on critical infrastructure has led to increased demand for enhanced protection measures. Government initiatives and collaborative efforts underscore the importance of robust cybersecurity, fueling market growth.

A significant trend in Critical Infrastructure Protection is Quantum-Resistant Cybersecurity, integrating technologies like post-quantum cryptography and zero trust architecture. Blockchain technology and Big Data Analytics also play crucial roles in enhancing cybersecurity and resilience across sectors. The software segment sees the highest growth due to increasing cyber threats targeting critical infrastructure assets.

In the Critical Infrastructure Protection market, the commercial sector vertical dominates due to its critical impact on national security and the economy. The sector faces growing cyber threats, necessitating advanced technologies for comprehensive security coverage. Efficient software solutions are crucial for proactive threat detection and mitigation in the face of escalating cyber risks.



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