ARC Advisory Group’s recent market size and forecast report on Industrial Cybersecurity Management Tools shows that the market experienced strong growth in recent years. Increased awareness of cyber risks, governmental actions, and more comprehensive regulations accelerated investments in basic cybersecurity defenses. Sophisticated attacks and ransomware drove demand for more advanced cybersecurity products and services.
"ARC’s research across a wide spectrum of industrial companies consistently shows that many industrial companies have implemented cybersecurity technologies to protect facilities but struggle to maintain the effectiveness of these products. They are also overwhelmed dealing with security alerts. Key reasons include lack of resources and lack of cybersecurity expertise. Cybersecurity management solutions help them reduce workload and increase staff capabilities," according to Sid Snitkin, Vice President and key author of ARC's Industrial/OT Cybersecurity Management Solutions Market Research Report.
Cybersecurity Management Solutions Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- Vulnerability Management Solutions
- Threat Management Solutions
Emerging Market Analysis of the Industrial-OT Cybersecurity Management Solutions
In addition to providing specific market data and industry trends, this ARC market research also identifies all key suppliers active in this market and provides and summarizes their relevant offerings. A select list of key supplier profiles is included.
About the Industrial/OT Cybersecurity Management Solutions Research
The Industrial/OT Cybersecurity Management Solutions research is an emerging market analysis which explores current and future market performance and related technology and business trends. The report includes a comprehensive list of suppliers active in the market along with a select number of supplier profiles. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes five-year market forecasts segmented by World Region, Industry, Application, and Industry Segment.
This new research is available as a Concise Emerging Market Analysis Report (PDF) which provides an executive-level summary of the current market dynamics and market forecasts, plus an overview of strategic issues.
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