Pune, India -- (SBWIRE) -- 04/18/2018 -- The forecast of the global industrial cyber security market is that it wins beneficial commercial prospects in the field of prominent end-users such as traffic, and traffic is increasingly subject to cyber-attacks due to its high dependence on new technologies. The transformation of the transportation system from a stand-alone system to a new type of interconnected system has led to an increase in the penetration rate of advanced technologies and facilitated the use of advanced industrial network security solutions.

This statistical research report on the global industrial cyber security market is a comprehensive study of industry sectors, the latest outlines, industry developments, drivers, and constraints. It provides market forecasts for the coming years. It includes an analysis of late-stage growth in innovation, Potter's five-force analysis, and a progressive analysis of hand-picked industry competitors. The report further elaborates on the analysis of negligible and comprehensive factors pointed out by new candidates and life-long candidates in the market, as well as methodical value chain exploration.

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Top Key Vendors in Market: International Business Machines Corporation, Honeywell International, ABB Ltd, Cisco Systems, Schneider Electric, Rockwell Automation, Dell, McAfee, Symantec Corporation, and Kaspersky Lab.

In 2017, the power industry has the largest share in the industrial cyber security market. The electric power industry is making technological progress to increase production efficiency. Increasingly dependent on technology, the power sector is more vulnerable to cyber threats. These advances will significantly increase the demand for industrial cyber security solutions. Industry participants are developing various products for the safety of the industrial sector.

Global Industrial Cyber Security Market to grow at a CAGR of +10% by 2022 Along with Major Regions Analysis and Revenue Analysis Forecasts to 2023

This report is an extension of our previous research on the intelligent virtual assistant market and is expected to provide important information on market growth rates. The report also includes market drivers. This market research and analysis focuses on price, trading volume, and regulatory drivers. In addition to providing insights on drivers and highlighting trends, Our market experts are also committed to providing insights into multiple market segments and predicting the direct and indirect effects of years on market growth. According to our previous research, the increase in the use of industrial control systems and network components in utilities and manufacturing is the main driver of the market.

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The report provides both, qualitative and quantitative research of the Global Industrial Cyber Security Market, as well as incorporates worthy insights into the balanced scenario and favored development methods adopted by key competitors. Distinctive distribution channels and slants inclined to bear fruit in the 2018-2023 forecast period have been bestowed in the report to permit readers to plan captivating strategies.

According to geographical areas, the global market for industrial cyber security is largely divided into Latin America, Europe, the Middle East and Africa and the Asia Pacific region. Most markets around the world are still in the exploration phase but are expected to maintain steady progress over the next few years. The major players investing in this market are in some countries in Canada, the United Kingdom, the United States, India, China and the Asia Pacific region. It is estimated that North America and Western Europe will account for more than half of the market share in Asia Pacific.

In the final section of the report, the manufacturers responsible for increasing sales in the industrial cybersecurity market have been announced. These manufacturers have been analyzed in terms of manufacturing base, basic information and competitors. In addition, the technology and product types introduced by each manufacturer are also an important part of this section of the report.

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