According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Operational Technology Security Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global Operational Technology Security Market Analysis and Size

The Global Operational Technology (OT) Security Market size is valued at USD 58.45 billion by 2030 and is projected to reach USD 58.45 billion by 2030.

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Some of the major players operating in the Operational Technology Security Market are Fortinet, Inc., AO Kaspersky Lab, Cisco Systems, Inc., Forcepoint, Thales, Palo Alto Networks, Broadcom, Rockwell Automation, Forescout, Honeywell International Inc., Darktrace Holdings Limited, Microsoft, Nozomi Networks, International Business Machines Corp., Qualys, Inc.

Operational Technology Security Market Growth Driver:

Rising Cybersecurity Threats Amplifying the Demand for OT Security Solutions – Over the past few years, several industries have transitioned towards digital platforms and started providing online services. As per the statistics by the GoDaddy Data Observatory, in 2023, more than 55% of the smaller businesses and around 71% of the larger enterprises have started using online platforms to provide services to consumers. These companies store the information related to the finances & the customers in their cloud servers. However, with the evolution of technology, the number of cyberattack incidents has also increased. Based on the statistics by IBM, a tech-based company, data breaches across the globe rose by 72% during 2021-2023, compromising the critical information of the organizations as well as customers. Therefore, to ensure the safety of the data, enterprises are increasingly adopting these security solutions, amplifying the market growth.

Also, the official governing bodies across the globe are recognizing the importance of data security & privacy. Therefore, the authorities are laying regulations that are mandating organizations to integrate security solutions within their digital ecosystems. Thus, compliance with these safety standards will continue to boost the requirement for OT security solutions in the coming years.

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Market Segment and Geographical Analysis

By Offering

  • Solutions - Market Size & Forecast 2019-2030, USD Million
    • Security Information & Event Management (SIEM)- Market Size & Forecast 2019-2030, USD Million
    • Asset Management - Market Size & Forecast 2019-2030, USD Million
    • Network Segmentation & Isolation - Market Size & Forecast 2019-2030, USD Million
    • Access Control & Identity Management- Market Size & Forecast 2019-2030, USD Million
    • Vulnerability Management- Market Size & Forecast 2019-2030, USD Million
    • Incident Response & Management- Market Size & Forecast 2019-2030, USD Million
    • Data Protection & Encryption- Market Size & Forecast 2019-2030, USD Million
    • Others- Market Size & Forecast 2019-2030, USD Million
  • Services - Market Size & Forecast 2019-2030, USD Million
    • Managed Security Services- Market Size & Forecast 2019-2030, USD Million
    • Consulting & Advisory Services- Market Size & Forecast 2019-2030, USD Million
    • Training & Education- Market Size & Forecast 2019-2030, USD Million
    • Consulting Services- Market Size & Forecast 2019-2030, USD Million
    • Integration Services- Market Size & Forecast 2019-2030, USD Million
    • Support & Maintenance- Market Size & Forecast 2019-2030, USD Million

By Deployment

  • Cloud - Market Size & Forecast 2019-2030, USD Million
  • On-Premise- Market Size & Forecast 2019-2030, USD Million

By Enterprise Size

  • Large Enterprises - Market Size & Forecast 2019-2030, USD Million
  • Small & Medium Enterprises- Market Size & Forecast 2019-2030, USD Million

By End Users

  • Energy & Utilities - Market Size & Forecast 2019-2030, USD Million
  • Oil & Gas - Market Size & Forecast 2019-2030, USD Million
  • Manufacturing- Market Size & Forecast 2019-2030, USD Million
  • Transportation and Logistics - Market Size & Forecast 2019-2030, USD Million
  • Mining- Market Size & Forecast 2019-2030, USD Million
  • Healthcare - Market Size & Forecast 2019-2030, USD Million
  • Others (Building & Construction, Military, etc.)- Market Size & Forecast 2019-2030, USD Million

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific
  • Rest of the World

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