This in-depth market data research is available as a Market Growth Outlook Service. This service is configured into several sub-modules to meet the needs of executives as well as marketing, sales, and product development managers. A brief description of the sub-modules and their use cases is included below.
The Industrial Cybersecurity Services research provides granular information about the industrial/OT cybersecurity services market. This includes market size and growth forecasts for industrial/OT cybersecurity services across different global regions, industrial sectors, and product categories. The research also discusses key suppliers across the various market segments.
Industrial Cybersecurity Services: Opportunities Are Strong for Security Service Providers with OT Expertise
ARC’s market size and forecast research on the Industrial Cybersecurity Services market shows strong growth and numerous opportunities over the next five years. The safety, environmental, and financial risks of an OT cyber compromise are simply too large for industrial companies to ignore. Yet most companies lack the people and expertise to manage their cybersecurity needs. This presents significant opportunities for companies that can help them assess, implement, and manage their cybersecurity needs. This also presents strong opportunities for automation suppliers and third-party managed security service providers (MSSPs) that understand industrial/OT environments.
Industrial Cybersecurity Strategic Issues
The safety, environmental, and financial risks of an OT cyber compromise are simply too large for industrial companies to ignore. Operational changes are also creating new security challenges that must be addressed. Lack of people and expertise will demand more use of third party services.
Following are some other factors that will impact growth in the industrial/OT cybersecurity endpoint protection solutions market.
Ongoing Shortage of Cybersecurity Professionals
Strong growth in this market shows that industrial organizations are already dedicated to filling critical cybersecurity resource gaps. This will only grow in future years.
Increased Concern about Sophisticated Attacks and Ransomware
Cyber-attack surfaces have expanded significantly, and threats have become more sophisticated. Maintaining defenses has never been more important and challenging. The need for rapid detection and response has likewise grown as it has emerged as the primary defense against sophisticated attacks. Addressing these issues requires more cybersecurity personnel and expertise. Companies will increasingly see third party services as the most cost effective way to address these requirements.
Increased Sophistication of Solutions Favor Third Party Support
Cybersecurity technology is becoming more granular and sophisticated. The expertise and time required to configure and maintain these solutions is growing accordingly. This, combined with the reluctance of most industrial companies to invest in additional staff, should increase the demand for third-party support of security maintenance activities such as vulnerability management and monitoring and response.
Increasing Influence of CISOs and CIOs in OT Cybersecurity
Convergence of IT and OT cybersecurity strategies is expanding the role of IT leaders in OT cybersecurity decisions and accelerating efforts to rationalize service support strategies. Sales efforts focused on plant and corporate engineering staffs will no longer suffice. To survive, industrial/OT cybersecurity service providers will need to develop strong relationships with corporate IT leaders and leading IT cybersecurity solution providers.
Evolution of Industrial Cybersecurity Services Market
The industrial/OT cybersecurity services market is evolving. More control system integrators are offering cybersecurity services. Large IT service providers are partnering with or acquiring smaller ICS service providers to establish a foothold in the OT security market and satisfy requests for integrated IT-OT support from large industrial clients. ARC expects that these kinds of developments will restructure market roles and drive more use of industrial/OT cybersecurity services.
Industrial Cybersecurity Spans Many Product and Service Markets
The Industrial/OT Cybersecurity market spans several different technology and service categories. Following are all the reports in ARC’s coverage of the industrial/OT cybersecurity market:
- Industrial/OT Network Security Solutions
- Industrial/OT Endpoint Protection Solutions
- Industrial/OT Cybersecurity Management Solutions
- Industrial/OT Secure Connectivity Solutions
- Industrial/OT Cybersecurity Services
Market Data Research Available Datasets
Market Growth Outlook
ARC’s market growth outlook service delivers an in-depth market opportunity analysis including five-year market and technology forecasts and 3-year history trend lines where available. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
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In addition, ARC has a strong history of providing customized market opportunity reports and services to meet your specific needs. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market opportunities designed to help executives quickly identify key trends and market opportunities around the world. In-depth market opportunity analyses provide marketing and product managers more detailed technology specific market information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Market Growth Outlook Analysis | Use Cases | Target Role |
| Worldwide Market Growth Outlook by Industry & Region with 3-year history where available | In-depth technology-specific strategic growth planning across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Industry Growth Outlook by Region with 3-year history where available | Strategic technology growth planning for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Market Growth Outlook by Technology & Industry with 3-year history where available (includes country data) | Strategic technology growth planning for markets defined by a single or multiple world regions | Regional & Country Sales Managers |
| Market Growth Outlook Executive View | Strategic Total Available Market (TAM) growth planning dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Worldwide Research Focus Areas
Strategic Analysis
- Industrial/OT Cybersecurity Services Requirements
- Trends Driving Use of Cybersecurity Services for OT Systems
- Strategies for Buyers and Suppliers
Scope of Research
- Market Forecasts by Region
- Market Forecasts by Industry
- Market Forecasts by Cybersecurity Service Categories
Market Size & Forecast
- Total Industrial/OT Cybersecurity Services Revenues
- Revenues by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Revenues by Major Vertical Industry
- Electrical Power Generation and T&D
- Chemical and Petrochemical
- Oil & Gas
- Automotive, Pharmaceutical, and Food & Beverage
- Water & Wastewater
- Other Manufacturing
- Other Critical Infrastructure
- Revenues by Service Type
- Assessments
- Design & Implementation
- Managed Services
Industry Participants
The research identifies the leading suppliers serving this market.
For More Information
For more information or to purchase the Industrial Cybersecurity Services Market Research, please contact us.
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