Industrial/OT Cybersecurity Services

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 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 report also discusses key suppliers across the various market segments.  

Industrial/OT Cybersecurity Services: A Foundation for Secure Critical Infrastructure

​Suppliers of industrial cybersecurity services experienced significant challenges during the COVID-19 pandemic.  Travel constraints limited their ability to perform site assessments, implementations, and on-site managed services.   Loss of urgency about cybersecurity issues, other than secure remote access, postponed sales of more advanced cybersecurity services.  Uncertainty about COVID-19 recoveries is sustaining malaise in the industrial/OT cybersecurity services market.

Frustrated managers want to know how the new normal will impact demand for services in different regions and vertical industries.  They also want to understand how recoveries will alter the industrial/OT cybersecurity landscape and opportunities related to digital transformation and IT/OT cybersecurity convergence.   The Industrial/OT Cybersecurity Services Market Analysis Report provides the information needed to answer these questions.     

Industrial Cybersecurity Strategic Issues

COVID-19 may have lessened urgency about industrial/OT cybersecurity, but the need to keep facilities secure 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 factors that will determine how these developments will create opportunities for industrial/OT cybersecurity services providers.     

Ongoing Shortage of Cybersecurity Professionals  

Strong growth in this market before the COVID-19 pandemic shows that industrial organizations are dedicated to filling critical cybersecurity resource gaps.  However, suppliers can expect shifts in the market opportunities, reflecting capital constraints and changes in attitudes regarding remote access, digital transformation, and IT/OT cybersecurity convergence.    

Increased Concern about Sophisticated Attacks and Ransomware 

Ransomware and sophisticated attacks have become a major concern for industrial companies.  Reports of attackers exploiting new, remote worker connections have added urgency to the issue.  This will increase demand for services that support vulnerability management and rapid response to cyber intrusions.    

Digital Transformation and Increased Connectivity of OT systems 

Digital transformation initiatives create new cyber risks with cloud connections, expanded use of new sensors, and increased use of mobile devices.  These efforts continued and even accelerated in some industries during the COVID-19 pandemic.  Other industries are using digital trans-formation to address recovery challenges and alleviate future dependence on on-site workers.  This will increase the need for people with broad knowledge of security in IoT devices, cloud and edge controllers.   

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.

Impacts Vary within Cybersecurity 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