Cybersecurity in Power - Thematic Research

As we move toward an increasingly online world, the importance of cybersecurity for power utilities will only increase. The revenues of global cybersecurity in the energy sector are headed for strong growth in the first half of the 2020s and will reach $10 billion by 2025. The CAGR of cybersecurity in the energy sector is set to be 9.1% between 2019 to 2025. Digitalization has been a theme that has been heavily adopted in the power sector in recent years. Consequently, the importance of cybersecurity has commensurately increased with the adoption of more and more digital devices. The US-China trade war, followed by COVID-19 and the Russian invasion of Ukraine, has made the world of business much more focused on geopolitics. The power sector, which is arguably the most strategic of all industries, has to pay enormous attention to these changes.

Scope

• This report focuses on cybersecurity in power.
• It identifies the key challenges facing the power sector and how cybersecurity can help overcome these challenges. It contains details of M&A deals driven by the cybersecurity theme, and a timeline highlighting milestones in the development of cybersecurity.
• In addition, the report discusses possible cybersecurity applications in the power industry as well as the benefits to utilities.
• The report also provides an overview of the competitive positions held by leading technology vendors in general and in particular to power sector, moreover it includes major adoptors of cybersecurity in the power sector. It also covers primary and secondary research case studies on how cybersecurity is being adopted in the power sector

Reasons to Buy

The report provides:

• A comprehensive analysis of the present scenario and emerging market trends in power sector and how cybersecurity can help overcome challenges.
• Insights of the leading players in cybersecurity theme and where do they fit in the value chain.
• Extensive analysis of the cybersecurity industry, cybersecurity disruption in power sector, key mergers and acquisitions and significant milestones in the journey of cybersecurity.
• Profiles of major market players within the cybersecurity industry and leading adopters of cybersecurity in power sector, which aid in interpreting the competitive outlook of this theme. It helps utilities to identify possible blind spots resulting from technology disruptions and market linkages in order to fully comprehend the risks and possibilities affecting their industry.