The Latin America, Middle East and Africa Critical Infrastructure Protection Market is expected to witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Critical Infrastructure Protection Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.39 billion by 2031. The Argentina market is showcasing a CAGR of 7.8% during 2024-2031. Additionally, the UAE market would register a CAGR of 6.6% during 2024-2031.
The rollout of 5G networks, which supports many connected devices and enables faster data transmission, increases the need for robust security measures. According to the ITU, since commercial deployment began in 2019, 5G coverage has increased to 40 percent of the population in 2023. ITU stated that a 5G network covers 89 percent of the population in high-income countries.
These security challenges are being actively addressed by governments and regulatory bodies. For example, the European Union’s 5G Toolbox provides guidelines for assessing risks and securing 5G infrastructure. At the same time, in the United States, agencies like the FCC and CISA emphasize best practices for 5G security to safeguard national interests.
Across the LAMEA region, the market for this is shaped by the strategic importance of energy resources. According to BP's Statistical Review of World Energy - 2021, the Middle East alone accounts for 31% of global oil production and 40% of proven gas reserves, making it a crucial area for global energy supply. Nigeria, Africa’s largest oil producer and a significant global player, faces substantial challenges in protecting its oil and gas infrastructure. Frequent attacks on pipelines and oil installations, particularly in the Niger Delta, have highlighted the need for better security measures.
In order to confront these obstacles, the Nigerian government has implemented the Nigerian Hydrocarbon and Gas Industry Content Development (NOGICD) Act, which includes provisions for the protection of hydrocarbon installations. The Nigerian Navy and Joint Task Force (JTF) protects offshore oil platforms and pipelines. Therefore, as these countries prioritize energy security, the demand for critical infrastructure protection in the LAMEA region is expected to grow.
The Brazil market dominated the LAMEA Critical Infrastructure Protection Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.39 billion by 2031. The Argentina market is showcasing a CAGR of 7.8% during 2024-2031. Additionally, the UAE market would register a CAGR of 6.6% during 2024-2031.
The rollout of 5G networks, which supports many connected devices and enables faster data transmission, increases the need for robust security measures. According to the ITU, since commercial deployment began in 2019, 5G coverage has increased to 40 percent of the population in 2023. ITU stated that a 5G network covers 89 percent of the population in high-income countries.
These security challenges are being actively addressed by governments and regulatory bodies. For example, the European Union’s 5G Toolbox provides guidelines for assessing risks and securing 5G infrastructure. At the same time, in the United States, agencies like the FCC and CISA emphasize best practices for 5G security to safeguard national interests.
Across the LAMEA region, the market for this is shaped by the strategic importance of energy resources. According to BP's Statistical Review of World Energy - 2021, the Middle East alone accounts for 31% of global oil production and 40% of proven gas reserves, making it a crucial area for global energy supply. Nigeria, Africa’s largest oil producer and a significant global player, faces substantial challenges in protecting its oil and gas infrastructure. Frequent attacks on pipelines and oil installations, particularly in the Niger Delta, have highlighted the need for better security measures.
In order to confront these obstacles, the Nigerian government has implemented the Nigerian Hydrocarbon and Gas Industry Content Development (NOGICD) Act, which includes provisions for the protection of hydrocarbon installations. The Nigerian Navy and Joint Task Force (JTF) protects offshore oil platforms and pipelines. Therefore, as these countries prioritize energy security, the demand for critical infrastructure protection in the LAMEA region is expected to grow.
List of Key Companies Profiled
- BAE Systems PLC
- Lockheed Martin Corporation
- Honeywell International Inc.
- Thales Group S.A.
- Fortinet, Inc.
- Airbus SE
- Hexagon AB
- Johnson Controls International PLC
- Siemens AG
- Cisco Systems, Inc.
Market Report Segmentation
By Type
- Solutions
- Services
By Security
- Cyber Security
- Network Access Controls & Firewalls
- Threat Intelligence
- Encryption
- Other Cyber Security Types
- Physical Safety & Security
- Video Surveillance Systems
- Perimeter Intrusion Detection Systems
- Physical Identity & Access Control Systems
- Screening & Scanning
- Other Physical Safety & Security Types
By End Use
- Government & Defense
- Energy & Power
- BFSI
- IT & Telecom
- Transport & Logistics
- Oil & Gas
- Other End Use
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Critical Infrastructure Protection Market by Type
Chapter 6. LAMEA Critical Infrastructure Protection Market by Security
Chapter 7. LAMEA Critical Infrastructure Protection Market by End Use
Chapter 8. LAMEA Critical Infrastructure Protection Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- BAE Systems PLC
- Lockheed Martin Corporation
- Honeywell International Inc.
- Thales Group S.A.
- Fortinet, Inc.
- Airbus SE
- Hexagon AB
- Johnson Controls International PLC
- Siemens AG
- Cisco Systems, Inc.
Methodology
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