New Study from StrategyR Highlights a $16.1 Billion Global Market for Industrial Control Systems Security Software by 2026

SAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Industrial Control Systems Security Software - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 16103
Companies: 38 - Players covered include Boeing Company, The; Booz Allen Hamilton; Broadcom Ltd.; Citrix Systems, Inc.; Computer Science Corporation; Dell EMC; F-Secure Corporation; Hewlett-Packard Development Company LP; IBM Corporation; IBM Corporation; Kaspersky Lab; L-3 Communications Holdings, Inc.; McAfee LLC; Microsoft Corporation; Northrop Grumman Corporation; Radware Ltd.; SAIC Inc.; Symantec Corporation; Trend Micro, Inc. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Power Generation, Transportation, Water Treatment, Manufacturing Plants, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Industrial Control Systems Security Software Market to Reach $16.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Industrial Control Systems Security Software estimated at US$11.9 Billion in the year 2020, is projected to reach a revised size of US$16.1 Billion by 2026, growing at a CAGR of 5.1% over the analysis period. Power Generation, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$7.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Transportation segment is readjusted to a revised 5.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.7 Billion in 2021, While China is Forecast to Reach $2.9 Billion by 2026
The Industrial Control Systems Security Software market in the U.S. is estimated at US$3.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2026 trailing a CAGR of 4.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Water Treatment Segment to Reach US$2.7 Billion by the year 2026
In the global Water Treatment segment, USA, Canada, Japan, China and Europe will drive the 4.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$2.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.