Operational Technology (OT) Security Market Overview
As per recent research by MarkNtel Advisors, the Global Operational Technology (OT) Security Market size is valued at USD 19.84 billion in 2023 and is projected to reach USD 58.45 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 14.93% during the forecast period, i.e., 2024-30.
Operational Technology (OT) Security Market Dynamics
Market Drivers : Rising Cybersecurity Threats Amplifying the Demand for OT Security Solutions –
Over the past few years, several industries have transitioned towards digital platforms and started providing online services. As per the statistics by the GoDaddy Data Observatory, in 2023, more than 55% of the smaller businesses and around 71% of the larger enterprises have started using online platforms to provide services to consumers. These companies store the information related to the finances & the customers in their cloud servers.
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Operational Technology (OT) Security Market Segmentation Overview 2024-2030: Key Factors
By Offering
-Solutions – Market Size & Forecast 2019-2030, USD Million
-Security Information & Event Management (SIEM)- Market Size & Forecast 2019-2030, USD Million
-Asset Management – Market Size & Forecast 2019-2030, USD Million
-Network Segmentation & Isolation – Market Size & Forecast 2019-2030, USD Million
-Access Control & Identity Management- Market Size & Forecast 2019-2030, USD Million
-Vulnerability Management- Market Size & Forecast 2019-2030, USD Million
-Incident Response & Management- Market Size & Forecast 2019-2030, USD Million
-Data Protection & Encryption- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
-Services – Market Size & Forecast 2019-2030, USD Million
-Managed Security Services- Market Size & Forecast 2019-2030, USD Million
-Consulting & Advisory Services- Market Size & Forecast 2019-2030, USD Million
-Training & Education- Market Size & Forecast 2019-2030, USD Million
-Consulting Services- Market Size & Forecast 2019-2030, USD Million
-Integration Services- Market Size & Forecast 2019-2030, USD Million
-Support & Maintenance- Market Size & Forecast 2019-2030, USD Million
By Deployment
-Cloud – Market Size & Forecast 2019-2030, USD Million
-On-Premise- Market Size & Forecast 2019-2030, USD Million
By Enterprise Size
-Large Enterprises – Market Size & Forecast 2019-2030, USD Million
-Small & Medium Enterprises- Market Size & Forecast 2019-2030, USD Million
By End Users
-Energy & Utilities – Market Size & Forecast 2019-2030, USD Million
-Oil & Gas – Market Size & Forecast 2019-2030, USD Million
-Manufacturing- Market Size & Forecast 2019-2030, USD Million
-Transportation and Logistics – Market Size & Forecast 2019-2030, USD Million
-Mining- Market Size & Forecast 2019-2030, USD Million
-Healthcare – Market Size & Forecast 2019-2030, USD Million
-Others (Building & Construction, Military, etc.)- Market Size & Forecast 2019-2030, USD Million
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Operational Technology (OT) Security Market Geographical Insights:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
-Rest of the World
Key Players and Competitive Strategies in the Operational Technology (OT) Security Market
Several prominent players dominate the Operational Technology (OT) Security Market, including:
- Fortinet Inc.
- AO Kaspersky Lab
- Cisco Systems, Inc.
- Forcepoint
- Thales
- Palo Alto Networks
- Broadcom
- Rockwell Automation
- Forescout
- Qualys, Inc.
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Questions Addressed in this Study
1.How big is the Operational Technology (OT) Security Market Size?
2.What is the Operational Technology (OT) Security Market Growth?
3.Who are the key players of the Operational Technology (OT) Security Market?
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