Global Critical Infrastructure Protection Market Forecasted to Grow at a CAGR of 2.15% during 2017-2027

Published on : May 16, 2017

Albany, New York, May 16, 2017: Increased frequency of terror attacks and the known fear of the non-state and organized sectors being active within the country that can anytime successfully strike at critically important networks, sites, or processes has directly yielded growth in the critical infrastructure protection market at the global scale. Recently, Market Research Hub (MRH) has successfully analyzed the global market and presented a new report titled as “The Global Critical Infrastructure Protection Market 2017-2027” which has been added to its archive. The report provides a detailed analysis of market size and drivers for the forecasted period 2017-2027 and has also projected to register a CAGR of 2.15% over the period.

Due to the global security concerns, such as increasing incidences of terrorist attacks have urged the governments to increase budgetary allocations towards physical security systems and solutions in order to ensure security of their sensitive sites, economic & natural assets and people, which have rightly anticipated the market for Physical Security to be the largest category. Also, physical security segment is anticipated to account for the largest share of expenditure globally, with a market share of 73.1% followed by the network security and other segment respectively.

The report starts with the executive summary of the critical infrastructure protection market with market dynamics, drivers, trends, technological developments, and key challenges that affect the sector growth. Further, the report is segmented by categories into Physical security, Network Security, and Others (Ancillary services, Consulting, and Administrative services). The categories are analyzed by market size, CAGR, and change in market share for the forecasted period of 2017-2027. Moreover, the regions are overviewed with factors driving spending within the region, regional expenditure on each sub-segment, 2017-2027, market size and CAGR growth analysis, change in market share, 2017-2023 and country-wise breakdown of expenditure for each region. The countries highlighted are China, India, Australia, U.K, France, Russia, Saudi Arabia, Israel, UAE, Brazil, and Algeria.

The study has also provided sub-segment wise analysis by each country for major programs and leading companies, the key programs analyzed for the above provided countries are the US -Einstein Intrusion Detection System Program, Cyber Crime Center (DC3), Mumbai City surveillance Project, India -National Intelligence Grid (NATGRID), National Cyber Security Program (NCSP) –UK, CONTEST Counter terrorism Strategy-UK and Patrol boats procurement for coastal security -Saudi Arabia.

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Further, the competitive landscape of the market has been analyzed, by profiling the major companies which include Thales, Booz Allen Hamilton, General Dynamics, Airbus DS Communications, BAE Systems, Digital Management Inc., KEYW, Lockheed Martin Corporation, CACI, ManTech International Corporation, The Raytheon Company, Kratos Defense & Security Solutions Inc., Northrop Grumman Corporation and IBM.

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