The report offers detailed coverage of Smart Grid Cyber Security industry and main market trends. Smart grid cyber security is the protection against serious cyber threats that affect the users in the smart grid network globally. Cyber security of the smart grid has been an area of concern for the power utility sector, due to frequent exchange of sensitive information that takes place via communication networks such as the internet, intranets, extranets, and corporate networks.
Growing electricity demand will increase the need to deploy smart grids for power supply, that additionally demand for smart meters that are used to read the power consumption rates. To protect the smart meters from cyber-attacks, there is increased adoption of smart grid cyber security solutions for consumption applications.
The Americas is witnessing steady deployment of smart grids that is influenced by the rise in electricity consumption and increasing number of smart grid projects in this region. Adoption of smart meters drives the need for the adoption of end-to-end cyber security solutions. Also, the increased support provided by the US government for the installation of smart grids by developing initiatives to protect the grid from cyber-attacks will drive the growth of the market in the region.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Smart Grid Cyber Security by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Smart Grid Cyber Security market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Smart Grid Cyber Security market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Smart Grid Cyber Security market for 2015-2027.
Key Companies
BAE Systems
IBM
IOActive
Lockheed Martin
AlertEnterprise
AlienVault
Black and Veatch
Cisco Systems
Intel (McAfee)
Entergy Services
HP
N-Dimension Solutions
Siemens
Eaton
Sophos
Sourcefire
Symantec
ViaSat
VeriSign
Honeywell International
N-Dimension Solutions
AlertEnterprise
Leidos
Sentryo
At the same time, we classify Smart Grid Cyber Security according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Services
Solutions
Market by Application
Consumption
Generation
Distribution and Control
Other
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Smart Grid Cyber Security market for the forecast period 2021 - 2027?
• What are the driving forces in the Smart Grid Cyber Security market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Smart Grid Cyber Security industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
For any other requirements, please feel free to contact us and we will provide you customized report.