Global Operational Technology Network Segmentation Market, By End-Use Industry (Power & Electrical, Manufacturing, Transportation, Mining, Others), Deployment (On-Premise, Cloud), Component (Solution, Services), Vertical (Government and Defense, BFSI, IT and Telecom, Healthcare, Retail, Manufacturing, Energy & Utilities, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Operational Technology Network Segmentation Market
Operational technology network segmentation market will grow at a CAGR of 40.90% in the forecast period of 2021 to 2028. Increasing accretion of digital technologies and industrial systems to spur the demand for ICS security solutions and services is an essential factor driving the operational technology network segmentation market.
Operational technology (OT) security is used in numerous industries to measure, control, and view processes. They are generally defined as solutions which can detect or cause a change in asset-centric enterprises by direct monitoring and controlling physical devices, processes, and events. Network segmentation is a type of process of splitting the computer networking into sub networks to increase network performance and improve security.
Rising stringent government regulations related to CIP to boost the adoption of ICS security solutions is a crucial factor accelerating the market growth, also increasing convergence of IT and OT systems, rise in cyber-attacks and network security threats, smart operational technologies, and convergence of IT and OT ecosystems and rising industrial development in the region, especially in countries such as China and India are the major factors among others boosting the operational technology network segmentation market. Moreover, rising demand for professional and managed security services to open lucrative opportunities for ICS security services and increasing research and development investments by governments and enterprises to develop robust ICS security solutions for the protection of critical infrastructure will further create new opportunities for operational technology network segmentation market in the forecast period mentioned above.
However, increasing procurement costs of ICS security solutions, increasing emerging challenges related to maintenance and upgradation of ICS security solutions and increasing technical complexities and lack of interoperability between ICS solutions are the major factors among others restraining the market growth, while increasing lack of collaboration between public and private sectors, increasing lack of trained security analysts to analyze ICS systems and increasing lack of awareness about ICS security techniques will further challenge the operational technology network segmentation market in the forecast period mentioned above.
This operational technology network segmentation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on operational technology network segmentation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Operational Technology Network Segmentation Market Scope and Market Size
Operational technology network segmentation market is segmented on the basis of end-use industry, deployment, component and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of end-use industry, the operational technology network segmentation market is segmented into power and electrical, manufacturing, transportation, mining and others.
- Based on deployment, the operational technology network segmentation market is segmented into on-premise and cloud.
- Based on component, the operational technology network segmentation market is segmented into solution and services.
- The operational technology network segmentation market is also segmented on the basis of vertical into government and defense, BFSI, it and telecom, healthcare, retail, manufacturing, energy and utilities and others.
Operational Technology Network Segmentation Market Scope Country Level Analysis
Operational technology network segmentation market is analysed and market size, volume information is provided by country, end-use industry, deployment, component and vertical as referenced above.
The countries covered in the operational technology network segmentation market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the operational technology network segmentation market due to increasing heavy investments in research and development activities and a vast IT and communication sector in the region. Europe is the second largest region in terms of growth in operational technology network segmentation market due to growing number of cloud-based data centers, employee mobility, and the rapidly increasing adoption of IoT technologies in this region. Asia-Pacific is the third largest region in terms of growth in operational technology network segmentation market due to rising need to consolidate the threat detection and prevention operations in one place and the growing focus of enterprises on the vulnerability and threat exposures of their systems.
The country section of the operational technology network segmentation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Operational Technology Network Segmentation Market Share Analysis
Operational technology network segmentation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to operational technology network segmentation market.
The major players covered in operational technology network segmentation market report are VMware, Inc, Honeywell International Inc, Schneider Electric, Cisco Systems, Broadcom Inc., AO Kaspersky Lab., General Electric, Rockwell Automation, Comodo Security Solutions, Inc., Tenable, Inc., Armor Defense Inc, Torrid Networks, Fortinet, Inc, PAS Global LLC, Fortinet, Inc, Palo Alto Networks, Darktrace and Forescout Technologies Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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