The industrial control systems (ICS) security market size has grown strongly in recent years. It will grow from $17.39 billion in 2024 to $18.56 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increased interconnectivity, rise in cyber attacks, regulatory mandates, awareness of industrial cyber risks, technological advancements in attacks.
The industrial control systems (ICS) security market size is expected to see rapid growth in the next few years. It will grow to $27.79 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to increased connectivity and IIOT expansion, rise in cyber threat sophistication, regulatory compliance evolution, integration of AI and machine learning, focus on supply chain resilience. Major trends in the forecast period include rise in cyber threats, integration of IT/OT networks, regulatory compliance requirements, adoption of remote access solutions, and focus on supply chain security.
The growing number of cyberattacks on critical infrastructure is anticipated to drive the industrial control systems (ICS) security market in the future. Critical infrastructure includes essential systems and assets necessary for the functioning of society and the economy, such as power and water systems, communication networks, transportation, and financial and government institutions. Due to the significance of these infrastructures, organizations that manage them must implement strong cybersecurity measures to safeguard their systems and assets from cyber threats. This necessity will lead to increased adoption of ICS security. For example, according to a DDoS threat intelligence report by NetScout Systems, Inc., a US-based cybersecurity provider, 2022 saw a total of 6,019,888 DDoS attacks worldwide, with notable increases in TCP (transmission control protocol) attacks, including a 21% rise in TCP SYN/ACK and a 20% rise in TCP RST (Reset) attacks compared to 2021. Furthermore, in the first half of 2022, the Asia-Pacific region recorded approximately 1.3 million DDoS attacks targeting major organizations. Hence, the rising frequency of cyberattacks on critical infrastructure is fueling the growth of the ICS security market.
The rising adoption of the Industrial Internet of Things (IIoT) is expected to further drive the growth of the ICS security market. IIoT involves integrating smart devices, sensors, and systems in industrial environments to facilitate data collection, analysis, and optimization, boosting efficiency and productivity. As more industrial devices and systems become interconnected, the risk of cyber threats increases, making ICS security essential to protect against potential vulnerabilities. This ensures the resilience and safety of critical infrastructure and industrial processes amid evolving cybersecurity challenges brought about by the expansion of IIoT. For instance, in September 2022, a report by Ericsson, a Sweden-based telecommunications company, predicted that nearly 60% of cellular IoT connections would be broadband IoT by the end of 2028, with 4G powering the majority of these connections. Globally, IoT connections grew from 13.2 billion in 2022 to a projected 34.7 billion by 2028, reflecting an 18% growth rate. Consequently, the increasing adoption of IIoT is driving the growth of the ICS security market.
Innovative solutions have emerged as a significant trend gaining traction in the industrial control systems (ICS) security market. Key players in the ICS security sector are introducing cutting-edge solutions to enhance their market presence. For example, in September 2022, GuidePoint Security, a US-based cybersecurity solutions provider, launched Industrial Control Systems (ICS) security services. These new offerings are designed to provide a comprehensive assessment of an organization’s ICS security posture. The services include a security program review, a security architecture review, and ICS penetration testing. Together, these evaluations aim to give organizations a thorough understanding of their overall ICS security while helping to bridge the gap between IT (information technology) and OT (operational technology) security.
Leading companies in the industrial control systems (ICS) security market are developing advanced industrial cybersecurity solutions to gain a competitive advantage. These cybersecurity solutions comprise a range of specialized technologies, protocols, and practices aimed at securing and safeguarding industrial control systems, operational technology (OT) networks, and critical infrastructure from cyber threats. For instance, in September 2022, ABB Ltd., a Switzerland-based automation firm, introduced the ABB Ability Cyber Security Workplace (CSWP), a comprehensive digital platform that integrates ABB’s and third-party security solutions. The ABB Ability Cyber Security Workplace (CSWP) serves as a dedicated solution to enhance the security of critical industrial infrastructure. By consolidating security tools into a single platform, it streamlines cybersecurity management. With features such as easy accessibility, risk reduction, and remote access capabilities, CSWP ensures effective protection for industrial assets. By addressing the IT and OT security gap, the platform contributes to optimizing performance and resource utilization in industrial infrastructure while aligning with sustainability goals.
In November 2022, Palo Alto Networks (PAN), a US-based cybersecurity firm, acquired Cider Security for $195 million. This acquisition is a strategic move for PAN aimed at enhancing security scalability, keeping pace with advancements in modern software development. Cider Security is an Israel-based information services company specializing in application and software supply chain security.
Major companies operating in the industrial control systems (ICS) security market include ABB Group, Honeywell International Inc., Cisco Systems Inc., Fortinet Inc., Palo Alto Networks Inc., Lockheed Martin Corporation, BAE Systems, Raytheon Technologies, CyberArk Software Ltd., Check Point Software Technologies Ltd., Darktrace Ltd., Kaspersky Lab ZAO, Nozomi Networks Inc., Cyberbit Ltd., Belden Inc., Airbus SE, FireEye Inc., Claroty Ltd., Sophos Group Plc, Dragos Inc., Tenable Inc., IBM Corporation, Broadcom Inc., Rockwell Automation Inc., Trend Micro Inc., Schneider Electric SE, Radiflow Ltd., Verve Industrial Protection Inc., Forescout Technologies Inc., Bayshore Networks Inc., CyberX Inc., Indegy Inc.
North America was the largest region in the industrial control systems (ICS) security market in 2024. The regions covered in the industrial control systems (ics) security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial control systems (ics) security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Security measures for Industrial Control Systems (ICS) involve the implementation of practices to safeguard these systems. ICS security encompasses a combination of technical and operational measures aimed at ensuring the confidentiality, integrity, and availability of these crucial systems.
The primary components of ICS security consist of solutions and services. ICS security solutions play a pivotal role in shielding industrial control systems, including supervisory control and data acquisition (SCADA) systems and programmable logic controllers (PLCs). Security measures span across various types, including network security, endpoint security, application security, and database security. Additionally, diverse system types such as SCADA, DCS, PLC, and others are employed across applications such as power and energy, critical manufacturing, mining, water utility, transportation, chemical, and various other sectors.
The industrial control systems security market research report is one of a series of new reports that provides industrial control systems security market statistics, including industrial control systems security industry global market size, regional shares, competitors with an industrial control systems security market share, detailed industrial control systems security market segments, market trends and opportunities, and any further data you may need to thrive in the industrial control systems security industry. This industrial control systems security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial control systems (ICS) security market consists of revenues earned by entities by providing services such as incident response services, support, and maintenance, managed security services, consultation and integration. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial control systems (ICS) security market also includes sales of human-machine interfaces (HMIs), and remote terminal units (RTUs), which are used in providing industrial control systems (ICS) security services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The industrial control systems (ICS) security market size is expected to see rapid growth in the next few years. It will grow to $27.79 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to increased connectivity and IIOT expansion, rise in cyber threat sophistication, regulatory compliance evolution, integration of AI and machine learning, focus on supply chain resilience. Major trends in the forecast period include rise in cyber threats, integration of IT/OT networks, regulatory compliance requirements, adoption of remote access solutions, and focus on supply chain security.
The growing number of cyberattacks on critical infrastructure is anticipated to drive the industrial control systems (ICS) security market in the future. Critical infrastructure includes essential systems and assets necessary for the functioning of society and the economy, such as power and water systems, communication networks, transportation, and financial and government institutions. Due to the significance of these infrastructures, organizations that manage them must implement strong cybersecurity measures to safeguard their systems and assets from cyber threats. This necessity will lead to increased adoption of ICS security. For example, according to a DDoS threat intelligence report by NetScout Systems, Inc., a US-based cybersecurity provider, 2022 saw a total of 6,019,888 DDoS attacks worldwide, with notable increases in TCP (transmission control protocol) attacks, including a 21% rise in TCP SYN/ACK and a 20% rise in TCP RST (Reset) attacks compared to 2021. Furthermore, in the first half of 2022, the Asia-Pacific region recorded approximately 1.3 million DDoS attacks targeting major organizations. Hence, the rising frequency of cyberattacks on critical infrastructure is fueling the growth of the ICS security market.
The rising adoption of the Industrial Internet of Things (IIoT) is expected to further drive the growth of the ICS security market. IIoT involves integrating smart devices, sensors, and systems in industrial environments to facilitate data collection, analysis, and optimization, boosting efficiency and productivity. As more industrial devices and systems become interconnected, the risk of cyber threats increases, making ICS security essential to protect against potential vulnerabilities. This ensures the resilience and safety of critical infrastructure and industrial processes amid evolving cybersecurity challenges brought about by the expansion of IIoT. For instance, in September 2022, a report by Ericsson, a Sweden-based telecommunications company, predicted that nearly 60% of cellular IoT connections would be broadband IoT by the end of 2028, with 4G powering the majority of these connections. Globally, IoT connections grew from 13.2 billion in 2022 to a projected 34.7 billion by 2028, reflecting an 18% growth rate. Consequently, the increasing adoption of IIoT is driving the growth of the ICS security market.
Innovative solutions have emerged as a significant trend gaining traction in the industrial control systems (ICS) security market. Key players in the ICS security sector are introducing cutting-edge solutions to enhance their market presence. For example, in September 2022, GuidePoint Security, a US-based cybersecurity solutions provider, launched Industrial Control Systems (ICS) security services. These new offerings are designed to provide a comprehensive assessment of an organization’s ICS security posture. The services include a security program review, a security architecture review, and ICS penetration testing. Together, these evaluations aim to give organizations a thorough understanding of their overall ICS security while helping to bridge the gap between IT (information technology) and OT (operational technology) security.
Leading companies in the industrial control systems (ICS) security market are developing advanced industrial cybersecurity solutions to gain a competitive advantage. These cybersecurity solutions comprise a range of specialized technologies, protocols, and practices aimed at securing and safeguarding industrial control systems, operational technology (OT) networks, and critical infrastructure from cyber threats. For instance, in September 2022, ABB Ltd., a Switzerland-based automation firm, introduced the ABB Ability Cyber Security Workplace (CSWP), a comprehensive digital platform that integrates ABB’s and third-party security solutions. The ABB Ability Cyber Security Workplace (CSWP) serves as a dedicated solution to enhance the security of critical industrial infrastructure. By consolidating security tools into a single platform, it streamlines cybersecurity management. With features such as easy accessibility, risk reduction, and remote access capabilities, CSWP ensures effective protection for industrial assets. By addressing the IT and OT security gap, the platform contributes to optimizing performance and resource utilization in industrial infrastructure while aligning with sustainability goals.
In November 2022, Palo Alto Networks (PAN), a US-based cybersecurity firm, acquired Cider Security for $195 million. This acquisition is a strategic move for PAN aimed at enhancing security scalability, keeping pace with advancements in modern software development. Cider Security is an Israel-based information services company specializing in application and software supply chain security.
Major companies operating in the industrial control systems (ICS) security market include ABB Group, Honeywell International Inc., Cisco Systems Inc., Fortinet Inc., Palo Alto Networks Inc., Lockheed Martin Corporation, BAE Systems, Raytheon Technologies, CyberArk Software Ltd., Check Point Software Technologies Ltd., Darktrace Ltd., Kaspersky Lab ZAO, Nozomi Networks Inc., Cyberbit Ltd., Belden Inc., Airbus SE, FireEye Inc., Claroty Ltd., Sophos Group Plc, Dragos Inc., Tenable Inc., IBM Corporation, Broadcom Inc., Rockwell Automation Inc., Trend Micro Inc., Schneider Electric SE, Radiflow Ltd., Verve Industrial Protection Inc., Forescout Technologies Inc., Bayshore Networks Inc., CyberX Inc., Indegy Inc.
North America was the largest region in the industrial control systems (ICS) security market in 2024. The regions covered in the industrial control systems (ics) security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial control systems (ics) security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Security measures for Industrial Control Systems (ICS) involve the implementation of practices to safeguard these systems. ICS security encompasses a combination of technical and operational measures aimed at ensuring the confidentiality, integrity, and availability of these crucial systems.
The primary components of ICS security consist of solutions and services. ICS security solutions play a pivotal role in shielding industrial control systems, including supervisory control and data acquisition (SCADA) systems and programmable logic controllers (PLCs). Security measures span across various types, including network security, endpoint security, application security, and database security. Additionally, diverse system types such as SCADA, DCS, PLC, and others are employed across applications such as power and energy, critical manufacturing, mining, water utility, transportation, chemical, and various other sectors.
The industrial control systems security market research report is one of a series of new reports that provides industrial control systems security market statistics, including industrial control systems security industry global market size, regional shares, competitors with an industrial control systems security market share, detailed industrial control systems security market segments, market trends and opportunities, and any further data you may need to thrive in the industrial control systems security industry. This industrial control systems security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial control systems (ICS) security market consists of revenues earned by entities by providing services such as incident response services, support, and maintenance, managed security services, consultation and integration. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial control systems (ICS) security market also includes sales of human-machine interfaces (HMIs), and remote terminal units (RTUs), which are used in providing industrial control systems (ICS) security services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Industrial Control Systems (ICS) Security Market Characteristics3. Industrial Control Systems (ICS) Security Market Trends and Strategies4. Industrial Control Systems (ICS) Security Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Industrial Control Systems (ICS) Security Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Industrial Control Systems (ICS) Security Market34. Recent Developments in the Industrial Control Systems (ICS) Security Market
5. Global Industrial Control Systems (ICS) Security Growth Analysis and Strategic Analysis Framework
6. Industrial Control Systems (ICS) Security Market Segmentation
7. Industrial Control Systems (ICS) Security Market Regional and Country Analysis
8. Asia-Pacific Industrial Control Systems (ICS) Security Market
9. China Industrial Control Systems (ICS) Security Market
10. India Industrial Control Systems (ICS) Security Market
11. Japan Industrial Control Systems (ICS) Security Market
12. Australia Industrial Control Systems (ICS) Security Market
13. Indonesia Industrial Control Systems (ICS) Security Market
14. South Korea Industrial Control Systems (ICS) Security Market
15. Western Europe Industrial Control Systems (ICS) Security Market
16. UK Industrial Control Systems (ICS) Security Market
17. Germany Industrial Control Systems (ICS) Security Market
18. France Industrial Control Systems (ICS) Security Market
19. Italy Industrial Control Systems (ICS) Security Market
20. Spain Industrial Control Systems (ICS) Security Market
21. Eastern Europe Industrial Control Systems (ICS) Security Market
22. Russia Industrial Control Systems (ICS) Security Market
23. North America Industrial Control Systems (ICS) Security Market
24. USA Industrial Control Systems (ICS) Security Market
25. Canada Industrial Control Systems (ICS) Security Market
26. South America Industrial Control Systems (ICS) Security Market
27. Brazil Industrial Control Systems (ICS) Security Market
28. Middle East Industrial Control Systems (ICS) Security Market
29. Africa Industrial Control Systems (ICS) Security Market
30. Industrial Control Systems (ICS) Security Market Competitive Landscape and Company Profiles
31. Industrial Control Systems (ICS) Security Market Other Major and Innovative Companies
35. Industrial Control Systems (ICS) Security Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Industrial Control Systems (ICS) Security Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on industrial control systems (ics) security market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for industrial control systems (ics) security ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial control systems (ics) security market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Component: Solution; Service2) by Security Type: Network Security; Endpoint Security; Application Security; Database Security
3) by System Type: SCADA; DCS; PLC; Other Types
4) by Applications: Power and Energy; Critical Manufacturing; Mining; Water Utility; Transportation; Chemical; Other Applications
Subsegments:
1) by Solution: Software; Hardware2) by Service: Consulting Services: Managed Services; Training and Support Services
Key Companies Mentioned: ABB Group; Honeywell International Inc.; Cisco Systems Inc.; Fortinet Inc.; Palo Alto Networks Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Industrial Control Systems (ICS) Security market report include:- ABB Group
- Honeywell International Inc.
- Cisco Systems Inc.
- Fortinet Inc.
- Palo Alto Networks Inc.
- Lockheed Martin Corporation
- BAE Systems
- Raytheon Technologies
- CyberArk Software Ltd.
- Check Point Software Technologies Ltd.
- Darktrace Ltd.
- Kaspersky Lab ZAO
- Nozomi Networks Inc.
- Cyberbit Ltd.
- Belden Inc.
- Airbus SE
- FireEye Inc.
- Claroty Ltd.
- Sophos Group Plc
- Dragos Inc.
- Tenable Inc.
- IBM Corporation
- Broadcom Inc.
- Rockwell Automation Inc.
- Trend Micro Inc.
- Schneider Electric SE
- Radiflow Ltd.
- Verve Industrial Protection Inc.
- Forescout Technologies Inc.
- Bayshore Networks Inc.
- CyberX Inc.
- Indegy Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 18.56 Billion |
Forecasted Market Value ( USD | $ 27.79 Billion |
Compound Annual Growth Rate | 10.6% |
Regions Covered | Global |
No. of Companies Mentioned | 32 |