According to the latest report by IMARC Group, titled “Critical Infrastructure Protection Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global critical infrastructure protection market size reached a strong growth in 2019. Critical infrastructure protection (CIP) is a security solution that safeguards systems, assets, and networks from potential threats. It includes multiple solutions, such as firewalls, identity and access management, risk and compliance management, antiviruses, intrusion detection systems, and encryption systems. These systems secure information regarding power grids, railways, nuclear plants, and hydro plants from cyberattacks that can threaten national security, public safety, or cause environmental disasters. CIP solutions utilize wireless technology, industrial control systems (ICS), operation technology (OT), and Supervisory Control and Data Acquisition (SCADA) systems for additional security.
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The growing incidents of security breaches and cyber-attacks that threaten infrastructural development are primarily driving the growth of the CIP market. The increasing demand for enhancing the security and safety of government information is also fueling the market. Furthermore, the prevalent trend of Bring-Your-Own-Devices (BYOD) across industries has augmented the demand for CIP systems. Additionally, the growing penetration of internet and interconnected network architecture has compelled federal and security organizations to secure cyberspace and minimize threat vulnerabilities. Moreover, the instigation of the Internet of Things (IoT), big data, cloud computing, and artificial intelligence (AI) solutions, further bolster the market growth. Rapid development in the information technology (IT) infrastructure and risk management services will continue to drive the CIP market. Looking forward, IMARC Group expects the global critical infrastructure protection market to continue its strong growth during the next five years.
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