According to the market research report released by Technavio, the global smart grid cyber security market is expected to accelerate at a CAGR of over 10% during the forecast period. The increasing vulnerabilities is one of the key factors triggering the growth of the market.
This research report titled ˜Global Smart Grid Cyber Security Market 2017-2021 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
The market research analysis categorizes the global smart grid cyber security market into the following applications:
- Distribution and control
In 2016, the consumption segment accounted for 37% of the global market and is projected to reach 39% by 2021, exhibiting almost 2% increase in market share.
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
Global smart grid cyber security market: An emerging trend
The increased investments in grid modernization is an emerging trend in the smart grid cyber security market space. As grid modernization increases through the implementation of smart grid technologies, the number of access points for compromising the functions of the grid will also increase. This is primarily because cyber-attacks on a traditional grid system would require physical access to the utilitys network, and since smart grid technologies are placed outside the physical boundaries of the utility, it becomes convenient for adversaries to access them.
Looking for more information on this market? Request a free sample report
Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavios report provides expert market research on the following topics:
- Market Outline
- Global Smart Grid Cyber Security Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by application (consumption, generation, and distribution and control)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (BAE Systems, IBM, IOActive, and Lockheed Martin)
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200