Boston, MA -- (SBWIRE) -- 09/17/2014 -- Smart grid cyber security involves the protection of smart grid technology from various cyber threats. The security of the smart grid network is a major issue faced by power utilities because there is a frequent exchange of sensitive information via communication networks such as the internet, intranets, corporate networks, and extranets. Power utilities need various controlling techniques to moderate the adverse effects of unauthorized access of smart grid data. Hackers, for instance, can take control of smart grid applications and servers and access confidential information. Therefore, the smart grid requires security measures not only to handle systems and equipment but also to secure the exchange of information between systems.

TechNavio's analysts forecast the Global Smart Grid Cyber Security market to grow at a CAGR of 9.7 percent over the period 2013-2018.

Covered in this Report

The Global Smart Grid Cyber Security market can be classified into five segments based on application: Smart Metering, Substation Automation, Electric Vehicles Management, Distribution Automation, and Transmission Upgrades.

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TechNavio's report, the Global Smart Grid Cyber Security Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Smart Grid Cyber Security market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

- Americas
- APAC
- EMEA

Key Vendors

- BAE Systems
- IBM
- IOActive
- Lockheed Martin
- Symantec

Other Prominent Vendors

- AlertEnterprise
- AlienVault
- Black and Veatch
- Cisco Systems
- Elster
- Entergy Services
- HP
- McAfee
- N-Dimension Solutions
- Siemens
- Sophos
- Sourcefire
- ViaSat

Market Driver

- Increased Complexity of Cyber Threats
- For a full, detailed list, view our report

Market Challenge

- Lack of Effective Defensive Measures
- For a full, detailed list, view our report

Market Trend

- Increased Use of Off-the-shelf Applications
- For a full, detailed list, view our report

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: BAE Systems, IBM, IOActive, Lockheed Martin, Symantec, AlertEnterprise, AlienVault, Black and Veatch, Cisco Systems, Elster, Entergy Services, HP, McAfee, N-Dimension Solutions, Siemens, Sophos, Sourcefire, ViaSat

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