As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

 

Global smart grid cyber security market is expected to grow at an impressive rate during the forecast period. The global smart grid cyber security market is driven by the improving power infrastructure, increasing investments by various governments for upgradation & modernization of existing grid infrastructure and development of new and advanced smart grids. Furthermore, growing penetration of connected devices across the smart grids is expected to spur the market. Besides, growing security concerns due to increased complexity and unpredictability of cyber-attacks is further expected to propel the market over the next few years. However, lack of awareness among the users regarding regular maintenance can hamper the market growth during the forecast period. Also, long investment cycles in the energy sector can further restrict market growth.

 

The global smart grid cyber security market is segmented based on security type, solution type, deployment mode, function, company and region. Based on security type, the market can be categorized into network security, endpoint security, application security, database security and others. The application security segment is expected to hold a significant market share during the forecast period on account of the widespread adoption of smart grids, connected devices and web & cloud based applications. Based on deployment mode, the market can be bifurcated into on-premise and cloud. The cloud segment is expected to dominate the market during the forecast period. this can be attributed to the benefits of cloud such as flexibility, scalability, affordability, auto-update feature, large data storage space, among others.

 

Regionally, the smart grid cyber security market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall smart grid cyber security market owing to the early adoption of technologies in the region. Asia Pacific is expected to register the highest growth in the market owing to the widespread adoption of smart grids.

   

The major players operating in the smart grid cyber security market are IBM Corporation, Cisco Systems, Inc., Broadcom, Inc. (Symantec Corporation), McAfee, BAE Systems PLC, Siemens AG, N-Dimension Solutions, Elster Solutions, AlertEnterprise, Honeywell International, Inc. and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of global smart grid cyber security market from 2015 to 2018.
  • To estimate and forecast the market size of global smart grid cyber security market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast global smart grid cyber security market based on security type, solution type, deployment mode, function, company and regional distribution.
  • To identify dominant region or segment in the global smart grid cyber security market.
  • To identify drivers and challenges for global smart grid cyber security market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global smart grid cyber security market.
  • To identify and analyze the profile of leading players operating in global smart grid cyber security market.
  • To identify key sustainable strategies adopted by market players in global smart grid cyber security market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global smart grid cyber security market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

                                                                       

Key Target Audience:

  • Smart grid cyber security service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to smart grid cyber security

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global smart grid cyber security market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Smart Grid Cyber Security Market, By Security Type:
    • Network Security
    • Endpoint Security
    • Application Security
    • Database Security
    • Others
  • Global Smart Grid Cyber Security Market, By Solution Type:
    • Identity & Access Management
    • Risk & Compliance Management
    • Encryption & Decryption
    • Data Loss Prevention
    • Unified Threat Management
    • Firewall
    • Antivirus & Malware
    • Intrusion Detection/Prevention System
    • Others
  • Global Smart Grid Cyber Security Market, By Deployment Mode:
    • On-Premise
    • Cloud
  • Global Smart Grid Cyber Security Market, By Function:
    • Supervisory Control and Data Acquisition (SCADA)/Industrial Control System (ICS)
    • Advanced Metering Infrastructure
    • Demand Response System
    • Home Energy Management
  • Global Smart Grid Cyber Security Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global smart grid cyber security market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global smart grid cyber security market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Smart Grid Cyber Security Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Smart Grid Cyber Security Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Security Type (Network Security, Endpoint Security, Application Security, Database Security, Others)

6.2.2.     By Solution Type (Identity & Access Management, Risk & Compliance Management, Encryption & Decryption, Data Loss Prevention, Unified Threat Management, Firewall, Antivirus & Malware, Intrusion Detection/Prevention System, Others)

6.2.3.     By Deployment Mode (On-Premise v/s Cloud)

6.2.4.     By Function (Supervisory Control and Data Acquisition (SCADA)/Industrial Control System (ICS), Advanced Metering Infrastructure, Demand Response System, Home Energy Management)

6.2.5.     By Company (2019)

6.2.6.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Smart Grid Cyber Security Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Security Type

7.2.2.     By Solution Type

7.2.3.     By Deployment Mode

7.2.4.     By Function

7.2.5.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Smart Grid Cyber Security Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Security Type

7.3.1.2.2.             By Solution Type

7.3.1.2.3.             By Deployment Mode

7.3.1.2.4.             By Function

7.3.2.     India Smart Grid Cyber Security Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Security Type

7.3.2.2.2.             By Solution Type

7.3.2.2.3.             By Deployment Mode

7.3.2.2.4.             By Function

7.3.3.     Australia Smart Grid Cyber Security Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Security Type

7.3.3.2.2.             By Solution Type

7.3.3.2.3.             By Deployment Mode

7.3.3.2.4.             By Function

7.3.4.     Japan Smart Grid Cyber Security Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Security Type

7.3.4.2.2.             By Solution Type

7.3.4.2.3.             By Deployment Mode

7.3.4.2.4.             By Function

7.3.5.     South Korea Smart Grid Cyber Security Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Security Type

7.3.5.2.2.             By Solution Type

7.3.5.2.3.             By Deployment Mode

7.3.5.2.4.             By Function

8.    Europe Smart Grid Cyber Security Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Security Type

8.2.2.     By Solution Type

8.2.3.     By Deployment Mode

8.2.4.     By Function

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Smart Grid Cyber Security Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Security Type

8.3.1.2.2.             By Solution Type

8.3.1.2.3.             By Deployment Mode

8.3.1.2.4.             By Function

8.3.2.     Germany Smart Grid Cyber Security Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Security Type

8.3.2.2.2.             By Solution Type

8.3.2.2.3.             By Deployment Mode

8.3.2.2.4.             By Function

8.3.3.     United Kingdom Smart Grid Cyber Security Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Security Type

8.3.3.2.2.             By Solution Type

8.3.3.2.3.             By Deployment Mode

8.3.3.2.4.             By Function

8.3.4.     Italy Smart Grid Cyber Security Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Security Type

8.3.4.2.2.             By Solution Type

8.3.4.2.3.             By Deployment Mode

8.3.4.2.4.             By Function

8.3.5.     Spain Smart Grid Cyber Security Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Security Type

8.3.5.2.2.             By Solution Type

8.3.5.2.3.             By Deployment Mode

8.3.5.2.4.             By Function

9.    North America Smart Grid Cyber Security Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Security Type

9.2.2.     By Solution Type

9.2.3.     By Deployment Mode

9.2.4.     By Function

9.2.5.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Smart Grid Cyber Security Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Security Type

9.3.1.2.2.             By Solution Type

9.3.1.2.3.             By Deployment Mode

9.3.1.2.4.             By Function

9.3.2.     Mexico Smart Grid Cyber Security Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Security Type

9.3.2.2.2.             By Solution Type

9.3.2.2.3.             By Deployment Mode

9.3.2.2.4.             By Function

9.3.3.     Canada Smart Grid Cyber Security Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Security Type

9.3.3.2.2.             By Solution Type

9.3.3.2.3.             By Deployment Mode

9.3.3.2.4.             By Function

10.  South America Smart Grid Cyber Security Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Security Type

10.2.2.  By Solution Type

10.2.3.  By Deployment Mode

10.2.4.  By Function

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Smart Grid Cyber Security Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Security Type

10.3.1.2.2.           By Solution Type

10.3.1.2.3.           By Deployment Mode

10.3.1.2.4.           By Function

10.3.2.  Argentina Smart Grid Cyber Security Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Security Type

10.3.2.2.2.           By Solution Type

10.3.2.2.3.           By Deployment Mode

10.3.2.2.4.           By Function

10.3.3.  Colombia Smart Grid Cyber Security Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Security Type

10.3.3.2.2.           By Solution Type

10.3.3.2.3.           By Deployment Mode

10.3.3.2.4.           By Function

11.  Middle East and Africa Smart Grid Cyber Security Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Security Type

11.2.2.  By Solution Type

11.2.3.  By Deployment Mode

11.2.4.  By Function

11.2.5.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Smart Grid Cyber Security Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Security Type

11.3.1.2.2.           By Solution Type

11.3.1.2.3.           By Deployment Mode

11.3.1.2.4.           By Function

11.3.2.  Saudi Arabia Smart Grid Cyber Security Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Security Type

11.3.2.2.2.           By Solution Type

11.3.2.2.3.           By Deployment Mode

11.3.2.2.4.           By Function

11.3.3.  UAE Smart Grid Cyber Security Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Security Type

11.3.3.2.2.           By Solution Type

11.3.3.2.3.           By Deployment Mode

11.3.3.2.4.           By Function

11.3.4.  Kuwait Smart Grid Cyber Security Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Security Type

11.3.4.2.2.           By Solution Type

11.3.4.2.3.           By Deployment Mode

11.3.4.2.4.           By Function

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              IBM Corporation

14.2.              Cisco Systems, Inc.

14.3.              Broadcom, Inc. (Symantec Corporation)

14.4.              McAfee

14.5.              BAE Systems PLC

14.6.              Siemens AG

14.7.              N-Dimension Solutions

14.8.              Elster Solutions

14.9.              AlertEnterprise

14.10.            Honeywell International, Inc.

15.  Strategic Recommendations