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Industrial Control Systems Market Update, Analysis and
Forecast Report, 2017 – 2024: Global Market Insights Inc.
Drivers of Industrial Control Systems Market growth including regional trends, factors
driving multiple segments of XYZ industry and companies vying for a pie of the market
share and size are discussed at length in this new report by Global Market Insights,
(ICS) Industrial Control Systems Market size is anticipated to witness growth over the
forecast timeline, owing to the increasing number of security breaches and growing
implementation of cloud computing services in various industrial sectors. Need for
continuous network and traffic behavior monitoring in the industrial sectors for
identifying anomalies in networks pertaining to cyber-attacks is offering significant
growth opportunities for the ICS market.
The U.S. ICS market is expected to dominate the industry owing to the presence of
several security providers such as Cisco, IBM, and CSC. MEA region is providing
significant growth opportunities for the industry due to the huge investments by
government administrations in the development of several security solutions such as
DDoS, SCADA encryption, anti-virus, firewall.
Increasing demand for digitization, connectivity and innovative technologies are
further contributing to the ICS market growth. The ICS market has enormous potential
to expand due to industrial internet, enhanced operator experiences and user
interface. Extensive investments by industries in the R&D of industrial control systems,
and growing smart grid deployments for the protection of critical infrastructure from
cyber-attacks are creating significant growth opportunities for the ICS market growth.
In addition, growing demand for cloud services is offering high scope for the industry.
Organizations are continuously innovating solutions to help improvise the control and
monitoring techniques for the systems which is offering real-time visibility to determine
suspicious behavior and take required action. As the frequency of cyber-attacks on
critical infrastructure is increasing day by day, the industry is anticipated to gain
momentum over the coming years.
Due to the unavailability of authentication procedures in many industries, protecting
the ICS networks from both internal and external threats is a major issue. During
operational malfunctioning, it is challenging to analyze whether it is being caused by
human-error, security-breach or machine failures. Factors such as lack of skilled
professionals, and awareness regarding industrial security solutions may hinder the
industry growth. In addition, high implementation expenses for ICS in industries is
expected to limit the growth of the ICS market.
The ICS market is segmented based on products, solutions, services and end-users.
Commonly used ICS products are process control systems (PCS), distributed control
system (DCS) and supervisory control and data acquisition (SCADA). These solutions
obtained the data from the end-point equipment and show it in an arranged manner.
Several businesses and government administrations globally are using these systems
to protect their infrastructure from spammers, foreign intelligence, and terrorists, to
stop them from gaining control or altering the company infrastructures, thereby
propelling the ICS market growth.
SCADA solutions are providing operators real-time data along with the capability for
monitoring remote process over large distance. They are suitable for industries such
as oil & gas, power, energy, chemicals where the facilities are located far away and
operation is conducted remotely. The SCADA segment is anticipated to gain
momentum over the forecast timeframe as it helps in gathering, monitoring and
analyzing data with machine interaction connected via human machine interface (HMI)
software’s thereby providing an impetus to the ICS market growth.
Based on solutions, the ICS market is classified into data loss prevention, database
activity monitoring, SCADA encryption, Firewall, Antivirus, unified threat management
(UTM), virtualization security and distributed denial of services (DDoS). The data loss
prevention software helps in identifying potential security breaches and provides
advanced threat protection techniques with increased visibility and control while data
base activity monitoring is used for remotely monitoring and analyzing database
activities and is an essential tool for preventing attacks against sensitive and
confidential data bases. UTM solutions can perform multiple security functions such
as web filtering, application control, data loss prevention, antivirus, VPN and reduces
the complexity in networks, which is expected to assist the ICS market growth over
the forecast timeline.
End-users in the ICS market are customers from the critical infrastructure industries
such as oil & gas, power, energy, manufacturing, chemical, nuclear. The ICS market
is expected to show potential growth opportunities in the oil & gas industry. The ICS
solutions find wide range of applications in exploration, extraction, maintenance and
refining. SCADA solutions are been used in exploration and maintenance in the oil &
gas industry. They are useful in finding formations below the ground before drilling
activity which can be analyzed to determine the drilling ground and for maintaining the
drill speed. While for maintenance these solutions are used in inspection of pipeline,
where the data is relayed back through industrial control, by identifying the need of
maintenance and speeding up the repair process.
ICS market players are IBM Corporation, ABB Group, Cisco Systems, Fortinet Inc.,
Juniper Networks Inc., EMC Corp., Kaspersky Lab, Microsoft Corp., CSC Corp.,
Hewlett-Packard Corp., Brocade Communications Systems, Lockheed Martin, and
Symantec Corp. To expand its services in data security and anti-malware solutions,
companies are looking for mergers & acquisitions in the ICS market. For instance,
Cisco Systems acquired Sourcefire, an intelligent cybersecurity solutions company to
offer constant advanced threat prevention along with development of advanced
malware protection and intrusion prevention systems. Lockheed Martin acquired
Industrial Defender, a cyber security solution firm to expand its operations in the critical
infrastructure industries such as oil & gas, chemical industries.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
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reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
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