The global critical infrastructure protection market size is estimated to reach USD 190.42 billion by 2030, registering to grow at a CAGR of 4.6% from 2024 to 2030 according to a new report by Grand View Research, Inc. Increasing number of advanced & sophisticated cyber incidents on vital facilities & security systems of nations is one of the key trends triggering market growth over the forecast period. Reliance on the internet and information technology among other digital sources are creating avenues for adversaries to disrupt economic growth by attacking critical infrastructures such as the government, defense, and BFSI sectors.
Increasing cyber threats from potential adversaries and growing efforts to curb cyber-attacks on national security are important factors estimated to provide a fillip to the market. Rising cyber-attacks on critical infrastructure and its impact on national security are raising awareness among governments worldwide to deploy robust security posture.
Several nations have implemented and established stringent policies, strategies, and bodies that underpin security of critical infrastructure. For instance, the European Programme for Critical Infrastructure Protection (EPCIP) sets a framework for activities aimed at improving the protection of Europe’s critical infrastructure. The National Infrastructure Protection Plan (NIPP) implemented by the U.S. government focuses on partnering with the private sector in an effort to enhance the security and resilience of various critical service sectors. Such implementation of the cybersecurity framework and rapid initiatives by governments to protect public assets is likely to drive the market over the forecast period.
Substantial innovations in information and communication technologies (ICT) are resulting in a significant increase in the productivity of businesses. However, the development of information technology has also opened the capabilities of cyberspace to users for network infiltration and abusing digital infrastructure. Rising opportunities have elevated focus of organizations on cyber threats to computer networks, including information theft and sabotage, and acts that disrupt or deny services. Thus, investments in cybersecurity in various sectors witnessed a significant rise over a decade. With the emergence of OT, the security of industrial control systems, and supervisory control & data acquisition (SCADA) systems has become imperative as these are the most vital infrastructure in industrial and energy sectors. Thus, the application of critical infrastructure protection in various industries is poised to show upswing owing to pressing need for protection of sensitive national assets and deter cyber-attacks.
Gather more insights about the market drivers, restrains and growth of the Critical Infrastructure Protection Market
Critical Infrastructure Protection Market Report Highlights
• Based on type, the solution segment dominated the market and accounted for a revenue share of 72.9% in 2023.
• The physical safety and security segment held the largest revenue share of global industry in 2023. Growth of this segment in primarily driven by the growing occurrence of cyber frauds and attacks.
• The BFSI segment dominated the market in 2023. In recent years, multiple cyberattacks and data breaches related to stock exchanges, private organizations, insurance agencies, financial trusts, banks, and cryptocurrency platforms have been recorded worldwide.
• North America critical infrastructure protection market dominated the global industry and accounted for the revenue share of 39.1% in 2023.
Critical Infrastructure Protection Market Segmentation
Grand View Research has segmented the global critical infrastructure protection market based on type, security, end-use, and region:
Critical Infrastructure Protection Type Outlook (Revenue, USD Billion, 2018 - 2030)
• Solution
• Services
Critical Infrastructure Protection Security Outlook (Revenue, USD Billion, 2018 - 2030)
• Physical Safety & Security
o Physical Identity and Access Control Systems
o Perimeter Intrusion Detection Systems
o Video Surveillance Systems
o Screening and Scanning
o Others
• Cyber Security
o Encryption
o Network Access Controls and Firewalls
o Threat Intelligence
o Others
Critical Infrastructure Protection End-use Outlook (Revenue, USD Billion, 2018 - 2030)
• BSFI
• Entergy & Power
• Government & Defense
• IT & Telecom
• Transport & Logistics
• Oil and gas
• Others
Critical Infrastructure Protection Regional Outlook (Revenue, USD Billion, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
• Latin America
o Brazil
o Argentina
• Middle East and Africa (MEA)
o Saudi Arabia
o UAE
o South Africa
List of Key Players in the Critical Infrastructure Protection Market
• BAE Systems
• Lockheed Martin Corporation
• Honeywell International Inc.
• Thales
• RTX
• AIRBUS
• Booz Allen Hamilton Inc.
• Hexagon AB
• Johnson Controls Inc.
• General Dynamics Corporation
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