Dublin, Nov. 30, 2015 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Critical Infrastructure Protection Market 2015 - Global Forecast to 2019" report to their offering. The CIP market size is expected to grow from $72.30 billion in 2014 to $114.80 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 9.69% from 2014 to 2019. Moreover, the need of providing protection to the critical assets is important to ensure the smooth functioning of the nation and the economy, and the governments. The infrastructure owners have set internationally accepted reliability standards. These standards encompass electrical, physical and cyber security along with the required training and awareness. Critical enterprises across the globe are looking forward to implement these security standards into their current work scenarios.
Players such as Raytheon, Lockheed Martin, Kaspersky Lab, Thales, BAE Systems, and McAfee provide better integrated solutions across all verticals. For instance critical infrastructure protection market players such as Accenture, Cisco, IBM and Intergraph provide services to improve the interoperability and enable all the required devices, technologies and applications to interact in the smart grid network.
These companies are well-positioned to provide solutions for critical infrastructures such as oil and gas pipelines, transportation and smart grids, despite different organizational structures and business process needs. Hence, the regulatory frameworks, deployment of smart grids and cyber threats are driving the demand for the security of the critical infrastructures. CIP solutions provide security to these ill-defined markets. The energy and transportation sector are highly prone to these effects due of the increasing levels of dependence on the information communication technologies or the information infrastructure. CIP other than energy and transport has a wide portfolio of applications across manufacturing and chemical industry, sensitive infrastructures such as stadiums, government facilities, manufacturing, banking facilities, historical monuments, holy places, and defense establishments. Currently, sensitive infrastructures and chemical and manufacturing verticals are the high focus areas and need to be improved.
The innovation and growth is already seen in this vertical. There are implementations of security across segments such as government monuments, dams, power reactors, manufacturing and automation, banking and telecommunication and public safety and emergency response for better security and protection of the assets. The emergence of cyber threats and cyber-attacks has forced other verticals such as energy and power, mass transportation systems, utilities, communication systems and emergency services, whose disruption could cripple the nation, are being the sectors of prime focus in the coming years. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Critical Infrastructure Protection Market Analysis, By Security Technology 8 Critical Infrastructure Protection Market Analysis, By Service 9 Critical Infrastructure Protection Market Analysis, By Vertical 10 Geographic Analysis 11 Critical Infrastructure Protection Business Case Anaysis 12 Competitive Landscape 13 Competitive Profiles - Airbus - BAE Systems - EMC Corporation - General Dynamics - Honeywell International Inc. - Integraph Corporation - Lockheed Martin - MCAFEE, Inc. (Subsidiary of Intel Corporation) - Raytheon - Waterfall Security Solutions For more information visit http://www.researchandmarkets.com/research/j9gqjg/critical
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