The Critical Infrastructure Protection Market was valued at USD 148.64 billion in 2024, projected to reach USD 213.94 billion by 2032, with a 4.73% CAGR. Cyber threats are driving AI, IoT, and predictive security adoption, particularly in defense, BFSI, and public infrastructure sectors. Public and private stakeholders are strengthening digital and physical defenses in response to increasing cyberattacks.

In the U.S., the CIP market is valued at USD 40.94 billion in 2024, projected to reach USD 57.61 billion by 2032, driven by a 4.36% CAGR. The U.S. government’s $2 billion grant initiative in October 2024 funded 32 projects across 42 states to protect over 950 miles of power transmission lines, highlighting the essential need for infrastructure strengthening.

The Critical Infrastructure Protection Market report details key players like BAE Systems, Lockheed Martin Corporation, and Honeywell International Inc. The market size is expected to grow from USD 148.64 billion in 2024 to USD 213.94 billion by 2032, with a CAGR of 4.73% from 2025 to 2032, covering segments like solution, services, physical safety and security, and end-use industries.

In 2024, the market saw significant growth in the solution segment with high-end surveillance systems and network security technologies. The services segment is projected to grow at a 5.80% CAGR from 2025 to 2032, driven by the increasing complexity of cyber threats. Physical safety and security led in revenue share in 2024, while cybersecurity is expected to grow at a 5.95% CAGR.

The BFSI sector accounted for 24% market share in 2024, with the oil and gas segment anticipated to show the fastest CAGR of 7.13% from 2025 to 2032. North America leads the CIP market, with Asia Pacific emerging as the fastest-growing region due to industrialization and urbanization. Europe and Latin America also see steady growth in CIP initiatives.

Recent developments include Forcepoint’s AI-driven Data Security Cloud platform and Hexagon’s HxGN dC3 suite for physical security. SNS Insider offers full research reports on the Critical Infrastructure Protection Market, providing insights on risk indexing, workforce statistics, compliance metrics, AI impact, and supply chain security. SNS Insider is a leading market research agency focused on providing up-to-date market data and insights for informed decision-making.

Read more at GlobeNewswire: Critical Infrastructure Protection Market Size to Surpass