Smart Grid Security Market By Deployment (On-premises and Cloud-based), By Security Type (Database, Application, Network, Endpoint, and Others), By Application (Smart Meters, Smart Application, Energy Efficient Resources, and Others), and By Geography (North America, Europe, APAC, and RoW) – Global Forecast up to 2025

July 2019 | 75 pages | ID: S8CBA29147AEN
IHR Insights

Abstracts

Report Title: Global Smart Grid Security Market By Deployment (On-premises and Cloud-based), By Security Type (Database, Application, Network, Endpoint, and Others), By Application (Smart Meters, Smart Application, Energy Efficient Resources, and Others), and By Geography (North America, Europe, APAC, and RoW) – Global Forecast up to 2025

This market research report includes a detailed segmentation of the global smart grid security market by deployment (on-premises and cloud-based), by security type (database, application, network, endpoint, and others), by application (smart meters, smart application, energy efficient resources, and others), and by geography (North America, Europe, APAC, and RoW). The market research report identifies Cisco Systems, Inc., N-Dimension Solutions Inc., Elster Solutions, Intel Corporation, IBM Corporation, Oracle, Symantec Corporation, Siemens AG, BAE Systems, and Leidos as the major vendors operating in the global smart grid security market.

Overview of the Global Smart Grid Security Market

According to Infoholic Research, the global smart grid security market will grow at a rate of over 8% during the forecast period 2019–2025. The market for smart grid security is driven by the rise in demand for efficient power consumption and renewable energy resources across the globe. Integration of innovative and networking technologies along with modernization provides an opportunity for smart grid security market to improve security options. However, diverse guidelines relating to cybersecurity is hampering market growth.

The growing demand for efficient power consumption and renewable energy resources across the globe are among the key factors driving the market. Continuous development and integration of innovative novel and networking technologies are improving the security measures. Considering the complexity involved with smart grid due to complex network, there is an increase in the risk factors including security, data confidentiality, and vulnerabilities. This could result in an increased attack by penetrating the network and gaining access over the software and modify load conditions to disrupt the grid, resulting in a rise in demand for smart grid security solutions. Furthermore, increasing government initiatives toward smart grid technology for digitizing the power sector will steer the growth of the market during the forecast period. This helps in enhanced distribution and usage while reducing transmission loss during power delivery.

According to the smart grid security market analysis, North America accounted for the largest share of the global smart grid security market in 2018. With the presence of the highest number of technology innovators and increasing adoption of smart grid security in this region it is expected to dominate the market during the forecast period. Asia Pacific region is expected to witness the fastest growth rate due to the increasing need for secure and reliable power supply.

Smart Grid Security Market: Competitive Analysis and Key Vendors

The report covers and analyzes the global smart grid security market. Major vendors across different verticals are increasingly developing products and investments in this market and as a result, the smart grid security market is expected to grow at a decent pace in the coming years. The key players in the smart grid security market are adopting various organic as well as inorganic growth strategies such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies to gain the competitive advantage in the market.

Few of the Key Vendors in the Smart Grid Security Market:

• BAE Systems PLC
• IBM Corporation
• Cisco Systems, Inc.
• Intel Corporation
• Siemens AG
• Symantec Corporation
• N-Dimension Solutions
• Elster Solutions

These companies are providing various hardware and software products associated with the smart grid security systems. There are numerous other vendors that have been studied based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.

Smart Grid Security Market By Deployment

• On-premise
• Cloud-based

On the basis of deployment model, the smart grid security market is segmented to on-premises and cloud-based. The cloud segment is expected to have a significant growth rate during the forecast period 2019–2025.

Smart Grid Security Market By Security Type

• Database security
• Application security
• Network security
• Endpoint security
• Others

Based on the security type, the smart grid security market is segmented into database security, network security, application security, endpoint security, and others.

Smart Grid Security Market By Application

• Smart meters
• Smart application
• Renewable energy resources
• Energy efficient resources
• Others

Based on the application type, the smart grid security market is segmented into smart meters, smart application, renewable energy resources, energy efficient resources, and others.

Smart Grid Security Market Benefits

The report provides an in-depth analysis of the smart grid security market. Factors such as increasing safety and security concerns and the advances in technology in smart devices are positively impacting the demand for smart grid security globally. Recent product launches indicate that this technology is approaching market readiness.

The growing cyber-attacks and other threats on the critical infrastructure are boosting the demand for smart grid security solutions. Global vendors are having a strong presence in the smart grid security market. The other stakeholders in the market are security service providers, utility companies, state government, cloud service provider, resellers, and technology providers. The report discusses the market in terms of deployment, security type, applications, and regions. Further, the report provides details about the major challenges impacting market growth.

Contents

1 EXECUTIVE SUMMARY

1.1 Synopsis of Key Findings

2 INDUSTRY OUTLOOK

2.1 Overview
2.2 Key Industry Trends

3 MARKET SNAPSHOT

3.1 Total Addressable Market
3.2 Segmented Addressable Market
  3.2.1 PEST Analysis
  3.2.2 Porter’s Five Force Analysis
3.3 Related Markets

4 MARKET CHARACTERISTICS

4.1 Market Evolution
  4.1.1 Ecosystem
4.2 Market Trends and Impact
4.3 Value Chain Analysis
4.4 Market Segmentation
4.5 Market Dynamics
  4.5.1 Market Drivers
  4.5.2 Market Restraints
  4.5.3 Market Opportunities
  4.5.4 DRO Impact Analysis

5 SMART GRID SECURITY MARKET BY DEPLOYMENT– MARKET SIZE AND ANALYSIS

5.1 Overview
  5.1.1 On-premise
  5.1.2 Cloud-based

6 SMART GRID SECURITY MARKET BY SECURITY TYPE – MARKET SIZE AND ANALYSIS

6.1 Overview
6.2 Database
6.3 Application
6.4 Network
6.5 Endpoint
6.6 Others

7 SMART GRID SECURITY MARKET BY APPLICATION – MARKET SIZE AND ANALYSIS

7.1 Smart Meters
7.2 Smart Application
7.3 Renewable Energy Resources
7.4 Energy Efficient Resources
7.5 Others

8 MARKET SEGMENTATION BY REGION – MARKET SIZE AND ANALYSIS

8.1 Overview
8.2 North America
  8.2.1 US
  8.2.2 Canada
8.3 Europe
  8.3.1 UK
  8.3.2 Germany
  8.3.3 RoE
8.4 APAC
  8.4.1 China
  8.4.2 Japan
  8.4.3 India
  8.4.4 RoAPAC
8.5 RoW
  8.5.1 MEA
  8.5.2 Latin America

9 COMPETITIVE LANDSCAPE

9.1 Competitor Analysis
9.2 Product/Offerings Portfolio Analysis
9.3 Market Developments
  9.3.1 Mergers & Acquisitions (M&A), Expansions, and Partnerships
  9.3.2 Business Restructuring
  9.3.3 Product Launches & Exhibitions

10 VENDOR PROFILES

10.1 Alert Enterprise
  10.1.1 Analyst Opinion
  10.1.2 Business Analysis
10.2 BAE Systems PLC
  10.2.1 Analyst Opinion
  10.2.2 Business Analysis
10.3 Cisco Systems, Inc.
  10.3.1 Analyst Opinion
  10.3.2 Business Analysis

3 © INFOHOLIC RESEARCH

10.4 Elster Solutions
  10.4.1 Analyst Opinion
  10.4.2 Business Analysis
10.5 IBM Corporation
  10.5.1 Analyst Opinion
  10.5.2 Business Analysis
10.6 Intel Corporation
  10.6.1 Analyst Opinion
  10.6.2 Business Analysis
10.7 Leidos
  10.7.1 Analyst Opinion
  10.7.2 Business Analysis
10.8 Lockheed Martin Corporation
  10.8.1 Analyst Opinion
  10.8.2 Business Analysis
10.9 McAfee LLC
  10.9.1 Analyst Opinion
  10.9.2 Business Analysis
10.10 N-Dimension Solutions
  10.10.1 Analyst Opinion
  10.10.2 Business Analysis
10.11 Siemens AG
  10.11.1 Analyst Opinion
  10.11.2 Business Analysis
10.12 Symantec Corporation
  10.12.1 Analyst Opinion
  10.12.2 Business Analysis
(Overview, products, recent developments, and business strategy for all vendors; the vendors' list provided is tentative and may change/increase during the time of the study)

11 COMPANIES TO WATCH FOR

12 ANNEXURE

12.1 Report Scope
12.2 Market Definition
12.3 Research Methodology
  12.3.1 Data Collation & In-house Estimation
  12.3.2 Market Triangulation
  12.3.3 Forecasting
12.4 Study Declarations
12.5 Report Assumptions
12.6 Stakeholders
12.7 Abbreviations

13 EXPERT’S VIEW

Tables

TABLES

TABLE 1 GLOBAL SMART GRID SECURITY MARKET, BY DEPLOYMENT, 2018–2025 ($MILLION)
TABLE 2 GLOBAL SMART GRID SECURITY MARKET, BY APPLICATION, 2018–2025 ($MILLION)
TABLE 3 GLOBAL SMART GRID SECURITY MARKET, BY GEOGRAPHY, 2018–2025 ($MILLION)
TABLE 4 MAJOR COMPANIES AND THEIR OPERATIONS
TABLE 5 PRODUCT/OFFERINGS: GLOBAL SMART GRID SECURITY MARKET
TABLE 6 MERGER & ACQUISITION
TABLE 7 EXPANSIONS
TABLE 8 BUSINESS RESTRUCTURING
TABLE 9 IBM: OVERVIEW
TABLE 10 IBM: STRATEGIC SNAPSHOT
TABLE 11 IBM: PRODUCT/SERVICE PORTFOLIO
TABLE 12 RESEARCH METHODOLOGY OF GLOBAL SMART GRID SECURITY MARKET: DATA COLLATION
TABLE 13 RESEARCH METHODOLOGY OF GLOBAL SMART GRID SECURITY MARKET: TRIANGULATION
TABLE 14 RESEARCH METHODOLOGY OF GLOBAL SMART GRID SECURITY MARKET: FORECASTING
TABLE XX XXXX
TABLE XX XXXX

CHARTS

CHART XX GLOBAL SMART GRID SECURITY MARKET
CHART XX GLOBAL SMART GRID SECURITY MARKET REVENUE, 2018–2025 ($MILLION)
CHART XX PEST ANALYSIS: GLOBAL SMART GRID SECURITY MARKET
CHART XX PORTER’S 5 FORCE ANALYSIS: GLOBAL SMART GRID SECURITY MARKET
CHART XX GLOBAL SMART GRID SECURITY MARKET ECOSYSTEM
CHART XX SEGMENTATION: GLOBAL SMART GRID SECURITY MARKET
CHART XX MARKET DYNAMICS – DRIVERS, RESTRAINTS & OPPORTUNITIES
CHART XX DRO – IMPACT ANALYSIS: GLOBAL SMART GRID SECURITY MARKET
CHART XX GLOBAL SMART GRID SECURITY MARKET, BY DEPLOYMENT, 2018
CHART XX GLOBAL SMART GRID SECURITY MARKET, BY APPLICATION, 2018
CHART XX GLOBAL SMART GRID SECURITY MARKET REVENUE, BY REGION, 2018
CHART XX SMART GRID SECURITY MARKET IN APAC, MARKET REVENUE, 2018–2025 ($MILLION)
CHART XX SMART GRID SECURITY MARKET IN NORTH AMERICA, MARKET REVENUE, 2018–2025 ($MILLION)
CHART XX SMART GRID SECURITY MARKET IN EUROPE, MARKET REVENUE, 2018–2025 ($MILLION)
CHART XX SMART GRID SECURITY MARKET IN ROW, MARKET REVENUE, 2018–2025 ($MILLION)
CHART XX MAJOR STAKEHOLDERS IN THE MARKET