Industrial/OT Cybersecurity Network Security Solutions

This report extends the analysis in the ARC Advisory Group Industrial/OT Cybersecurity Products and Services Market Analysis Report with more granular information about the industrial/OT network security solutions market.  This includes market size and growth forecasts for industrial/OT network security solutions across different global regions, industrial sectors, and product categories.  The report also identifies and positions key suppliers across various market segments.  

Industrial/OT Network Solutions: Enabling Isolation of Critical Assets and Operations

Industrial/OT network security solutions include a broad range of products for protecting plants, networks, and endpoint assets.  This is a distinct segment of the overall networking products market, distinguished by the unique requirements of systems that control critical industrial assets and infrastructure.  This market segment is also distinguished by its focus on operational safety and availability, as opposed to the conventional IT focus on information privacy and confidentiality.  

industrial dpi firewalls detect and block unauthorized contentMany industrial organizations have already implemented basic network security solutions, but the market still offers good growth opportunities.   Cybersecurity threats and vulnerabilities are incredibly dynamic, driving the ongoing need for more sophisticated tools and services.  Govern-mental actions like the NIST Cybersecurity Framework and regulatory developments like NERC CIP Version 5 add urgency to these investments.  Nations that actively support cyber-espionage are likewise having an impact and causing companies to review and strengthen cybersecurity and business continuity strategies. 

The market for industrial/OT cybersecurity network security solutions experienced good growth in recent years.  COVID-19 disrupted this situation.  Many industrial companies postponed the capital projects that fuel sales of industrial network security solutions.  

ARC research indicates that the industrial/OT network security solutions market will contract significantly in 2020.  However, the-post COVID-19 environment will offer good growth opportunities for those suppliers that understand the challenges and significant changes occurring in this market.  This report provides the insight suppliers need to navigate this dynamic landscape. 

Industrial/OT Cybersecurity Network Security Solutions Market Strategic Issues 

COVID-19 may have lessened urgency about industrial/OT cybersecurity, but the need to secure facilities will re-emerge as a critical issue.  The safety, environmental, and financial risks of a cyber compromise are simply too large to ignore.  Operational changes will also create new security challenges that must be addressed.  

Following are some of the major factors that will determine how this renewed interest in cybersecurity translates into growth for the post COVID-19 industrial/OT cybersecurity network security solutions market.    

Financial Losses from COVID-19 Will Constrain Non-Essential Spending 

Financial losses during the COVID-19 pandemic will force some companies and infrastructure operators to limit non-essential spending.  Industry and regional factors determine the extent to which cybersecurity is considered essential and the level of protection required.  Industrial/OT network security solutions are foundational elements that must be included in every cybersecurity program.  As a result, the availability of capital will have less impact on this market than for advanced cybersecurity products.  

Changes in ICS Sales Impact Demand for Network Security Solutions

Sales of new industrial control systems drive a major portion of the sales of industrial/OT network security solutions.  ARC’s projections for the industrial/OT network security solutions market reflect ARC’s forecasts for industrial control system markets.   NGFW sales are driven by all control system sales, while sales of industrial deep-packet inspection (DPI) and unidirectional communication products reflect industry and regional requirements

Cyber Concern Drives Legacy System Protection Market

Investments in industrial/OT cybersecurity network security solutions for legacy systems are driven by cybersecurity assessments which may be constrained until a COVID-19 vaccine is available.  Depending on industry and region, managers may also consider security discretionary and postpone these investments.  This affects the timing of sales in different regions and industries.

Digital Transformation Creates New Network Security Issues

Digital transformation initiatives create new cyber risks with cloud connections, expanded use of new sensors, and increases in mobile devices.  These efforts have continued and even accelerated in some industries during the pandemic.  Other industries are using digital transformation to address recovery challenges and alleviate future dependence on on-site workers.  Industrial/OT network security solutions play an essential role in enabling these efforts.  This will drive changes in the growth patterns of different products.    

Industrial/OT Cybersecurity Spans Many Product and Service Markets

The Industrial/OT Cybersecurity market spans several different technology and service categories.  COVID-19’s impact on these categories vary and change the growth opportunities for specific products and services.   The top level Industrial/OT Cybersecurity Products and Services report discusses the impact of COVID-19 on the total industrial/OT cybersecurity market.  Other reports in this series extend the analysis to the next level with granular information on specific products and services.  These extended reports also include information on the competitive landscape and key suppliers.  Following are all the reports in ARC’s coverage of the industrial/OT cybersecurity market analysis:

  • Industrial/OT Cybersecurity Products and Services (Total Market Report)
  • Industrial/OT Network Security Solutions
  • Industrial/OT Endpoint Protection Solutions
  • Industrial/OT Cybersecurity Management Solutions
  • Industrial/OT Anomaly and Breach Detection Solutions
  • Industrial/OT Cybersecurity Services     

 

Industrial Cybersecurity Network Security Solutions Study Formats and Editions Available

This market study may be purchased as a concise, executive-level Market Analysis Report (PDF). 

MIRA Workbook Market Analysis PDF
Worldwide (includes regional data) No Yes

Worldwide Research Focus Areas

Strategic Analysis

  • Network Solutions used in Industrial/OT Cybersecurity
  • Trends Driving Adoption of IT Network Security Solutions in OT Systems
  • Success Strategies for Suppliers in the Post COVID-19 World

Scope of Research

  • Market Forecasts by Region
  • Market Forecasts by Industry
  • Market Forecasts by Network Security Product Type

Market Size & Forecast

  • Total Industrial/OT Cybersecurity Network Security Market
  • 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 Product Type
    • Next Generation Firewalls (NGFW)
    • Industrial Protocol Deep Packet Inspection (DPI) Firewalls
    • Unidirectional Communication Solutions

Industry Participants

The research identifies the relevant suppliers serving this market. 

For More Information

For more information or to purchase the Industrial/OT Cybersecurity Network Security Solutions study, please contact us.