Operational Technology (OT) Security Market by Offering (Solutions and Services), Deployment Mode (On-premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical (Manufacturing, Oil & Gas, and Energy & Power) - Global Forecast to 2030

The operational technology (OT) security market is projected to grow from USD 23.47 billion in 2025 to USD 50.29 billion by 2030 at a CAGR of 16.5% during the forecast period. Growing regulatory pressure is a major driver of the OT security market, as governments and industry bodies enforce stricter cybersecurity mandates to protect critical infrastructure. Regulations such as the NIS2 Directive in the EU, the US Cybersecurity Executive Order, and standards from bodies like NIST and IEC require organizations in sectors like energy, manufacturing, and transportation to implement robust OT security measures. Compliance with these regulations is pushing enterprises to invest in advanced solutions to secure their operational environments.
'By vertical, the energy & power segment is projected to register the highest CAGR during the forecast period'
The energy & power sector is projected to register the highest CAGR in the OT security market due to its critical role and growing exposure to cyber threats. Increasing adoption of smart grids and digital systems raises the risk of attacks. For example, a recent ransomware attack on the interlinked power utility systems of Telangana and Andhra Pradesh in India led to a complete shutdown, highlighting the urgent need for robust OT cybersecurity in this sector.
'By region, North America is estimated to account for the largest market share in 2025'
North America accounts for a larger share of the OT security market due to the high adoption of advanced technologies, increased cyber threat awareness, and stringent regulatory requirements. The region's industrial sectors, including energy, manufacturing, and transportation, are heavily investing in OT security to protect critical infrastructure. Additionally, the presence of key market players such as Fortinet, Cisco, and Trellix and continuous innovation in cybersecurity solutions further contribute to North America's dominant position in the global OT security market.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
The study includes an in-depth competitive analysis of the key players in the OT security market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the OT security market and forecasts its size by Offering [Solutions (Security Information & Event Management (SIEM), Asset Discovery & Management, Network Security, Vulnerability Management, Identity & Access Management (IAM), Data Security, and Other Solutions) and Services (Consulting & Integration, Support & Maintenance, Training & Development Services, Incident Response Services, and Managed Security Services)], Deployment Mode [Cloud and On-premises], Organization Size [Large Enterprises and SMEs], Vertical [Transportation & Logistics, Manufacturing, Energy & Power, Oil & Gas, and Other Verticals], and Region [North America, Europe, Asia Pacific, Middle East & Africa, and Latin America].
The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall OT security market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
'By vertical, the energy & power segment is projected to register the highest CAGR during the forecast period'
The energy & power sector is projected to register the highest CAGR in the OT security market due to its critical role and growing exposure to cyber threats. Increasing adoption of smart grids and digital systems raises the risk of attacks. For example, a recent ransomware attack on the interlinked power utility systems of Telangana and Andhra Pradesh in India led to a complete shutdown, highlighting the urgent need for robust OT cybersecurity in this sector.
'By region, North America is estimated to account for the largest market share in 2025'
North America accounts for a larger share of the OT security market due to the high adoption of advanced technologies, increased cyber threat awareness, and stringent regulatory requirements. The region's industrial sectors, including energy, manufacturing, and transportation, are heavily investing in OT security to protect critical infrastructure. Additionally, the presence of key market players such as Fortinet, Cisco, and Trellix and continuous innovation in cybersecurity solutions further contribute to North America's dominant position in the global OT security market.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
- By Designation: C-level – 45%, Directors – 35%, and Managers – 20%
- By Region: North America – 55%, Europe – 25%, Asia Pacific – 15%, RoW – 5%
The study includes an in-depth competitive analysis of the key players in the OT security market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the OT security market and forecasts its size by Offering [Solutions (Security Information & Event Management (SIEM), Asset Discovery & Management, Network Security, Vulnerability Management, Identity & Access Management (IAM), Data Security, and Other Solutions) and Services (Consulting & Integration, Support & Maintenance, Training & Development Services, Incident Response Services, and Managed Security Services)], Deployment Mode [Cloud and On-premises], Organization Size [Large Enterprises and SMEs], Vertical [Transportation & Logistics, Manufacturing, Energy & Power, Oil & Gas, and Other Verticals], and Region [North America, Europe, Asia Pacific, Middle East & Africa, and Latin America].
The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall OT security market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (increase in threats to OT environments, organizations embracing digital transformation, stringent government regulations related to adoption of OT systems, and convergence of OT and IT networks), restraints (high procurement costs, emerging challenges related to maintenance and upgrades, and interoperability and standardization challenges), opportunities (increase in adoption of AI-powered security solutions, technological advancements in cybersecurity, and need for secure OT networks), and challenges (lack of trained security analysts, lack of awareness about OT security techniques, and complexity pertaining to OT environments)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the OT security market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the OT security market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the OT security market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Fortinet (US), Forcepoint (US), Cisco (US), Tenable (US), Forescout (US), Seckiot (France), Check Point (Israel), Broadcom (US), Trellix (US), Microsoft (US), Okta (US), Palo Alto Networks (US), Qualys (US), Zscaler (US), BeyondTrust (US), CyberArk (US), Rapid7 (US), Sophos (UK), Tripwire (US), Radiflow (Israel), Kaspersky (Russia), SentinelOne (US), Thales (France), Armis (US), Darktrace (UK), Nozomi Networks (US), Honeywell (US), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), Tosibox (Finland), Rhebo (Germany), Shield-IoT (Israel), Claroty (US), Dragos (US), Cydome (Israel), Ordr (US), Mission Secure (US), runZero (US), SIGA OT Solutions (US), Sectrio (US), Waterfall Security Solutions (Israel), and Opswat (US) among others, in the OT security market strategies.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET COVERED
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
2.4 MARKET FORECAST
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN
OPERATIONAL TECHNOLOGY SECURITY MARKET
4.2 OPERATIONAL TECHNOLOGY SECURITY MARKET FORECAST
4.3 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY REGION
4.4 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY SOLUTION
4.5 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY SERVICE
4.6 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY DEPLOYMENT MODE
4.7 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY ORGANIZATION SIZE
4.8 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY VERTICAL
4.9 MARKET INVESTMENT SCENARIO
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increased threats to OT environments
5.2.1.2 Stringent government regulations related to OT systems adoption
5.2.1.3 Convergence of OT and IT networks
5.2.1.4 Need for secure OT networks
5.2.2 RESTRAINTS
5.2.2.1 High procurement costs
5.2.2.2 Emerging challenges related to maintenance and upgrades
5.2.2.3 Interoperability and standardization challenges
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing adoption of AI-powered security solutions
5.2.3.2 Technological advancements in cybersecurity
5.2.3.3 Digital transformation across organizations
5.2.3.4 Rising demand for Industry 4.0 and smart infrastructure
5.2.4 CHALLENGES
5.2.4.1 Lack of trained security analysts
5.2.4.2 Lack of awareness about OT security techniques
5.2.4.3 Complexity pertaining to OT environments
5.3 EVOLUTION OF OPERATIONAL TECHNOLOGY SECURITY
5.4 ECOSYSTEM ANALYSIS
5.5 VALUE CHAIN ANALYSIS
5.5.1 PROVIDERS OF OT SECURITY SOLUTIONS AND TOOLS
5.5.2 SERVICE PROVIDERS
5.5.3 SYSTEM INTEGRATORS
5.5.4 RETAIL/DISTRIBUTION
5.5.5 END USERS
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Network security
5.6.1.2 Endpoint security
5.6.1.3 Identity and access management (IAM)
5.6.2 COMPLEMENTARY TECHNOLOGIES
5.6.2.1 Security information and event management (SIEM)
5.6.2.2 Vulnerability management
5.6.3 ADJACENT TECHNOLOGIES
5.6.3.1 Artificial intelligence (AI) and machine learning (ML)
5.6.3.2 Blockchain
5.6.3.3 Internet of Things (IoT)
5.7 REGULATORY LANDSCAPE
5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
5.7.2 KEY REGULATIONS
5.7.2.1 Payment Card Industry Data Security Standard (PCI–DSS)
5.7.2.2 Health Insurance Portability and Accountability Act (HIPAA)
5.7.2.3 Federal Information Security Management Act (FISMA)
5.7.2.4 Gramm-Leach-Bliley Act (GLBA)
5.7.2.5 California’s Privacy Rights Act (CPRA)
5.7.2.6 ISO 27001
5.7.2.7 General Data Protection Regulation
5.7.2.8 Sarbanes-Oxley ACT
5.7.2.9 SOC 2
5.8 PATENT ANALYSIS
5.9 PRICING ANALYSIS
5.9.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION TYPE
5.9.2 INDICATIVE PRICING ANALYSIS OF KEY OT SECURITY VENDORS, BY OFFERING
5.10 PORTER’S FIVE FORCES ANALYSIS
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.11.2 BUYING CRITERIA
5.12 OPERATIONAL TECHNOLOGY SECURITY ATTACKS, 2023–2024
5.13 CASE STUDIES
5.13.1 CALIFORNIA WATER AND WASTEWATER DISTRICT LEVERAGED
FORTINET SOLUTIONS FOR BETTER NETWORK MANAGEMENT
5.13.2 INTERNATIONAL PLASTICS MANUFACTURER IMPROVED OT VISIBILITY
AND REDUCED RISK
5.13.3 ZSCALER HELPED CALIFORNIA DAIRIES TRANSITION TO
CLOUD-BASED ENVIRONMENT
5.13.4 HAURAKI DISTRICT COUNCIL SECURES CRITICAL INFRASTRUCTURE
AND MANAGES THIRD-PARTY RISK WITH DARKTRACE AI
5.13.5 KEYSIGHT ENABLES COMPREHENSIVE OT SECURITY FOR
MEXICAN MINING LEADER
5.14 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.15 KEY CONFERENCES AND EVENTS, 2025–2026
5.16 INVESTMENT AND FUNDING SCENARIO, 2021-2024
5.17 NIST FRAMEWORK
5.17.1 INTRODUCTION TO NIST FRAMEWORK
5.17.2 IDENTITY
5.17.3 PROTECT
5.17.4 DEFEND
5.17.5 DETECT
5.17.6 RESPOND & RECOVER
5.18 OPERATIONAL TECHNOLOGY SECURITY MARKET: TECHNOLOGY ROADMAP
5.19 BUSINESS MODELS OF OPERATIONAL TECHNOLOGY SECURITY
5.19.1 MANAGED SECURITY SERVICES (MSS)
5.19.2 SECURITY AND SOLUTIONS
5.19.3 SECURITY CONSULTING
5.20 IMPACT OF AI/GENERATIVE AI ON OPERATIONAL TECHNOLOGY SECURITY MARKET
5.20.1 USE CASES OF GENERATIVE AI IN OPERATIONAL TECHNOLOGY SECURITY
5.20.2 IMPACT OF GENERATIVE AI ON INTERCONNECTED AND ADJACENT ECOSYSTEMS
5.20.2.1 Enhanced Threat Detection and Response Across IT/OT Boundaries
5.20.2.2 Securing the Expanding Attack Surface of IIoT and
Smart Infrastructure
5.20.2.3 Strengthening Supply Chain Security in OT
5.20.2.4 Addressing the IT/OT Skills Gap Through AI Augmentation
5.20.2.5 Impact on Adjacent Cybersecurity Markets
5.20.2.6 Evolving Threat Landscape
6 IMPACT OF 2025 US TARIFF – OPERATIONAL TECHNOLOGY SECURITY MARKET
6.1 INTRODUCTION
6.2 KEY TARIFF RATES
6.3 PRICE IMPACT ANALYSIS
6.4 IMPACT ON COUNTRY/REGION
6.4.1 NORTH AMERICA
6.4.2 US
6.4.3 CANADA
6.4.4 MEXICO
6.4.5 MARKET CHALLENGES:
6.4.6 MITIGATION MEASURES:
6.4.7 EUROPE
6.4.8 GERMANY
6.4.9 FRANCE
6.4.10 UK
6.4.11 MARKET CHALLENGES:
6.4.12 MITIGATION MEASURES:
6.4.13 ASIA PACIFIC
6.4.14 CHINA
6.4.15 INDIA
6.4.16 AUSTRALIA
6.4.17 MARKET CHALLENGES:
6.4.18 MITIGATION MEASURES:
6.5 IMPACT ON END-USE INDUSTRIES
7 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY OFFERING
7.1 INTRODUCTION
7.1.1 OFFERING: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
7.2 SOLUTIONS
7.2.1 SECURITY INFORMATION & EVENT MANAGEMENT (SIEM)
7.2.1.1 Growth in threat landscape targeting industrial systems to
drive demand
7.2.2 ASSET DISCOVERY & MANAGEMENT
7.2.2.1 Increasingly interconnected and digitized OT environments to
drive demand
7.2.3 NETWORK SECURITY
7.2.3.1 Need to protect critical infrastructure to drive demand
7.2.4 VULNERABILITY MANAGEMENT
7.2.4.1 Increasing connectivity and digitization of industrial
processes to drive demand
7.2.5 IDENTITY & ACCESS MANAGEMENT (IAM)
7.2.5.1 Need to prevent unauthorized access to critical OT assets to
drive demand
7.2.6 DATA SECURITY
7.2.6.1 Need to protect sensitive OT data while ensuring operational continuity, safety, and regulatory compliance to drive demand
7.2.7 OTHER SOLUTIONS
7.3 SERVICES
7.3.1 CONSULTING & INTEGRATION SERVICES
7.3.1.1 Emergence of advanced threats and shortage of cloud computing security skills to drive demand
7.3.2 SUPPORT & MAINTENANCE SERVICES
7.3.2.1 Rising adoption of complex security solutions to drive demand
7.3.3 TRAINING & DEVELOPMENT SERVICES
7.3.3.1 Rising convergence of IT and OT systems to drive demand
7.3.4 INCIDENT RESPONSE SERVICES
7.3.4.1 Focus on identifying and preventing attacks on OT security systems to drive demand
7.3.5 MANAGED SECURITY SERVICES
7.3.5.1 Requirement for network assessment, vulnerability analysis,
and live monitoring to drive demand
8 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY DEPLOYMENT MODE
8.1 INTRODUCTION
8.1.1 DEPLOYMENT MODE: OPERATIONAL TECHNOLOGY
SECURITY MARKET DRIVERS
8.2 CLOUD
8.2.1 REQUIREMENT FOR FLEXIBILITY, SCALABILITY,
AND COST REDUCTION TO DRIVE DEMAND
8.3 ON-PREMISES
8.3.1 PREFERENCE FOR HIGH SECURITY AND CONTROL OVER DATA TO
DRIVE DEMAND
9 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY ORGANIZATION SIZE
9.1 INTRODUCTION
9.1.1 ORGANIZATION SIZE: OPERATIONAL TECHNOLOGY
SECURITY MARKET DRIVERS
9.2 SMES
9.2.1 HIGHER VULNERABILITY TO CYBERATTACKS TO DRIVE
INVESTMENTS IN DIGITAL SECURITY SYSTEMS
9.3 LARGE ENTERPRISES
9.3.1 AMPLE BUDGETS AND INCREASING FOCUS ON SECURING
DATA MOVEMENT AND STORAGE TO DRIVE MARKET
10 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY VERTICAL
10.1 INTRODUCTION
10.1.1 VERTICAL: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
10.2 TRANSPORTATION & LOGISTICS
10.2.1 INCREASING RELIANCE ON DIGITAL SYSTEMS FOR ENHANCED
EFFICIENCY AND CUSTOMER SATISFACTION TO DRIVE MARKET
10.2.2 TRANSPORTATION & LOGISTICS: OPERATIONAL TECHNOLOGY
SECURITY USE CASES
10.2.2.1 Supervisory control and data acquisition (SCADA) security
10.2.2.2 Fleet management security
10.2.2.3 Logistics automation security
10.2.2.4 Supply chain security
10.2.2.5 Port and terminal security
10.2.2.6 Aviation security
10.3 MANUFACTURING
10.3.1 NEED TO PREVENT PRODUCTION DISRUPTIONS AND
DATA BREACHES TO DRIVE MARKET
10.3.2 MANUFACTURING: OPERATIONAL TECHNOLOGY SECURITY USE CASES
10.3.2.1 Supervisory control and data acquisition (SCADA) security
10.3.2.2 Industrial IoT (IIoT) devices security
10.3.2.3 Manufacturing execution systems (MES) security
10.3.2.4 Robotics and automation security
10.3.2.5 Supply chain integration security
10.3.2.6 Plant floor network security
10.4 ENERGY & POWER
10.4.1 NEED TO SAFEGUARD CRITICAL INFRASTRUCTURE AND
MINIMIZE DISRUPTIONS TO DRIVE MARKET
10.4.2 ENERGY & POWER: OPERATIONAL TECHNOLOGY SECURITY USE CASES
10.4.2.1 Supervisory control and data acquisition(SCADA) security
10.4.2.2 Industrial control systems (ICS) security
10.4.2.3 Smart grid security
10.4.2.4 Renewable energy systems security
10.4.2.5 Energy management systems (EMS) security
10.5 OIL & GAS
10.5.1 FOCUS ON ENHANCING DIGITAL RESILIENCE AND REDUCING CYBER THREATS TO DRIVE MARKET
10.5.2 OIL & GAS: OPERATIONAL TECHNOLOGY SECURITY USE CASES
10.5.2.1 Supervisory control and data acquisition (SCADA) security
10.5.2.2 Industrial control systems (ICS) security
10.5.2.3 Pipeline monitoring and control security
10.5.2.4 Terminal automation security
10.6 OTHER VERTICALS
11 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY REGION
11.1 INTRODUCTION
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.2.2 NORTH AMERICA: MACROECONOMIC OUTLOOK
11.2.3 US
11.2.3.1 High digitalization and significant investment in modernizing legacy infrastructure to drive market
11.2.4 CANADA
11.2.4.1 Surge in cyberattacks and increasing focus on OT security investment to drive market
11.3 EUROPE
11.3.1 EUROPE: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.3.2 EUROPE: MACROECONOMIC OUTLOOK
11.3.3 UK
11.3.3.1 Emphasis on strong regulatory enforcement to spur
OT security adoption
11.3.4 GERMANY
11.3.4.1 IT-SiG 2.0 law mandating stricter compliance and cyber hygiene to elevate demand for OT security solutions
11.3.5 ITALY
11.3.5.1 Increasing focus on safeguarding interconnected industrial operations to drive market
11.3.6 FRANCE
11.3.6.1 Rising cyber threats targeting and convergence of IT and
OT environments to boost market
11.3.7 FINLAND
11.3.7.1 Smart grid expansion to drive demand for OT security solutions
11.3.8 SWEDEN
11.3.8.1 Smart city projects to trigger investment in OT security
11.3.9 BENELUX
11.3.9.1 Increasing cyber threats targeting port operations, public infrastructure, and finance-related industrial systems to drive market
11.3.10 SPAIN
11.3.10.1 Rising infrastructure threats to trigger OT modernization
11.3.11 PORTUGAL
11.3.11.1 Government-led cyber strategy to expand OT awareness
11.3.12 DENMARK
11.3.12.1 Focus on smart energy and offshore wind power to drive
OT security demand
11.3.13 NORWAY
11.3.13.1 Rising oil & gas cyber threats to spur national OT defense strategy
11.3.14 AUSTRIA
11.3.14.1 Increasing cyberattacks on healthcare and transportation infrastructure to drive market
11.3.15 SWITZERLAND
11.3.15.1 Infrastructure modernization in industrial automation,
energy distribution, and smart factories to drive market
11.3.16 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.4.2 ASIA PACIFIC: MACROECONOMIC OUTLOOK
11.4.3 CHINA
11.4.3.1 Stricter government guidelines for industrial control systems to
drive market
11.4.4 JAPAN
11.4.4.1 Financial incentives and tax exemptions to encourage investment and propel market expansion
11.4.5 INDIA
11.4.5.1 Increasing adoption of connected devices and systems to
drive market
11.4.6 REST OF ASIA PACIFIC
11.5 MIDDLE EAST & AFRICA
11.5.1 MIDDLE EAST & AFRICA: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.5.2 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK
11.5.3 GULF COOPERATION COUNCIL (GCC)
11.5.3.1 KSA
11.5.3.1.1 Vision 2030 and push for smart infrastructure to
drive market
11.5.3.2 UAE
11.5.3.2.1 Strategic public-private partnerships to fuel cyber innovation and drive OT security demand
11.5.3.3 Rest of GCC
11.5.4 SOUTH AFRICA
11.5.4.1 Active promotion of cybersecurity standards and guidelines by regulatory bodies and government agencies to drive market
11.5.5 REST OF MIDDLE EAST & AFRICA
11.6 LATIN AMERICA
11.6.1 LATIN AMERICA: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.6.2 LATIN AMERICA: MACROECONOMIC OUTLOOK
11.6.3 MEXICO
11.6.3.1 Strategic investment in industrial SOCs and incident response to drive market
11.6.4 BRAZIL
11.6.4.1 Rising ICS malware threats to drive market
11.6.5 REST OF LATIN AMERICA
12 COMPETITIVE LANDSCAPE
12.1 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2024
12.2 REVENUE ANALYSIS, 2020–2024
12.3 MARKET SHARE ANALYSIS, 2024
12.4 BRAND COMPARISON
12.4.1 CISCO
12.4.2 TENABLE
12.4.3 MICROSOFT
12.4.4 FORCEPOINT
12.4.5 PALO ALTO NETWORKS
12.5 COMPANY VALUATION AND FINANCIAL METRICS
12.5.1 COMPANY VALUATION, 2024
12.5.2 FINANCIAL METRICS USING EV/EBIDTA
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
12.6.5.1 Company footprint
12.6.5.2 Region footprint
12.6.5.3 Offering footprint
12.6.5.4 Vertical footprint
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
12.7.5.1 Detailed list of key startups/SMEs
12.7.5.2 Competitive benchmarking of key startups
12.8 COMPETITIVE SCENARIO
12.8.1 PRODUCT LAUNCHES/ENHANCEMENTS
12.8.2 DEALS
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
13.2.1 CISCO
13.2.1.1 Business overview
13.2.1.2 Products/Solutions/Services offered
13.2.1.3 Recent developments
13.2.1.3.1 Product launches/enhancements
13.2.1.3.2 Deals
13.2.1.4 MnM view
13.2.1.4.1 Key strengths
13.2.1.4.2 Strategic choices
13.2.1.4.3 Weaknesses and competitive threats
13.2.2 TENABLE
13.2.2.1 Business overview
13.2.2.2 Products/Solutions/Services offered
13.2.2.3 Recent developments
13.2.2.3.1 Product launches/enhancements
13.2.2.3.2 Deals
13.2.2.4 MnM view
13.2.2.4.1 Key strengths
13.2.2.4.2 Strategic choices
13.2.2.4.3 Weaknesses and competitive threats
13.2.3 MICROSOFT
13.2.3.1 Business overview
13.2.3.2 Products/Solutions/Services offered
13.2.3.3 Recent developments
13.2.3.3.1 Product launches/enhancements
13.2.3.3.2 Deals
13.2.3.4 MnM view
13.2.3.4.1 Key strengths
13.2.3.4.2 Strategic choices
13.2.3.4.3 Weaknesses and competitive threats
13.2.4 FORCEPOINT
13.2.4.1 Business overview
13.2.4.2 Products/Solutions/Services offered
13.2.4.3 Recent developments
13.2.4.3.1 Product launches/enhancements
13.2.4.3.2 Deals
13.2.4.3.3 Other developments
13.2.4.4 MnM view
13.2.4.4.1 Key strengths
13.2.4.4.2 Strategic choices
13.2.4.4.3 Weaknesses and competitive threats
13.2.5 PALO ALTO NETWORKS
13.2.5.1 Business overview
13.2.5.2 Products/Solutions/Services offered
13.2.5.3 Recent developments
13.2.5.3.1 Product launches/enhancements
13.2.5.3.2 Deals
13.2.5.4 MnM view
13.2.5.4.1 Key strengths
13.2.5.4.2 Strategic choices
13.2.5.4.3 Weaknesses and competitive threats
13.2.6 FORTINET
13.2.6.1 Business overview
13.2.6.2 Products/Solutions/Services offered
13.2.6.3 Recent developments
13.2.6.3.1 Product launches/enhancements
13.2.6.3.2 Deals
13.2.7 FORESCOUT
13.2.7.1 Business overview
13.2.7.2 Products/Solutions/Services offered
13.2.7.3 Recent developments
13.2.7.3.1 Product launches/enhancements
13.2.7.3.2 Deals
13.2.8 SECKIOT
13.2.8.1 Business overview
13.2.8.2 Products/Solutions/Services offered
13.2.9 CHECK POINT
13.2.9.1 Business overview
13.2.9.2 Products/Solutions/Services offered
13.2.9.3 Recent developments
13.2.9.3.1 Product launches/enhancements
13.2.9.3.2 Deals
13.2.10 BROADCOM
13.2.10.1 Business overview
13.2.10.2 Products/Solutions/Services offered
13.2.10.3 Recent developments
13.2.10.3.1 Product launches/enhancements
13.2.10.3.2 Deals
13.2.11 TRELLIX
13.2.11.1 Business overview
13.2.11.2 Products/Solutions/Services offered
13.2.11.3 Recent developments
13.2.11.3.1 Product launches/enhancements
13.2.11.3.2 Deals
13.2.12 OKTA
13.2.12.1 Business overview
13.2.12.2 Products/Solutions/Services offered
13.2.12.3 Recent developments
13.2.12.3.1 Product launches/enhancements
13.2.12.3.2 Deals
13.2.13 QUALYS
13.2.13.1 Business overview
13.2.13.2 Products/Solutions/Services offered
13.2.13.3 Recent developments
13.2.13.3.1 Product launches/enhancements
13.2.13.3.2 Deals
13.2.14 ZSCALER
13.2.14.1 Business overview
13.2.14.2 Products/Solutions/Services offered
13.2.14.3 Recent developments
13.2.14.3.1 Product launches/enhancements
13.2.14.3.2 Deals
13.2.15 BEYONDTRUST
13.2.15.1 Business overview
13.2.15.2 Products/Solutions/Services offered
13.2.15.3 Recent developments
13.2.15.3.1 Product launches/enhancements
13.2.15.3.2 Deals
13.2.16 CYBERARK
13.2.16.1 Business overview
13.2.16.2 Products/Solutions/Services offered
13.2.16.3 Recent developments
13.2.16.3.1 Product launches/enhancements
13.2.16.3.2 Deals
13.2.17 RAPID7
13.2.17.1 Business overview
13.2.17.2 Products/Solutions/Services offered
13.2.17.3 Recent developments
13.2.17.3.1 Product launches/enhancements
13.2.17.3.2 Deals
13.2.18 SOPHOS
13.2.18.1 Business overview
13.2.18.2 Products/Solutions/Services offered
13.2.18.3 Recent developments
13.2.18.3.1 Product launches/enhancements
13.2.18.3.2 Deals
13.2.19 TRIPWIRE
13.2.19.1 Business overview
13.2.19.2 Products/Solutions/Services offered
13.2.19.3 Recent developments
13.2.19.3.1 Product launches/enhancements
13.2.19.3.2 Deals
13.2.20 RADIFLOW
13.2.20.1 Business overview
13.2.20.2 Products/Solutions/Services offered
13.2.20.3 Recent developments
13.2.20.3.1 Product launches/enhancements
13.2.20.3.2 Deals
13.2.21 KASPERSKY
13.2.21.1 Business overview
13.2.21.2 Products/Solutions/Services offered
13.2.21.3 Recent developments
13.2.21.3.1 Product launches/enhancements
13.2.21.3.2 Deals
13.2.22 SENTINELONE
13.2.22.1 Business overview
13.2.22.2 Products/Solutions/Services offered
13.2.22.3 Recent developments
13.2.22.3.1 Product launches/enhancements
13.2.22.3.2 Deals
13.2.23 THALES
13.2.23.1 Business overview
13.2.23.2 Products/Solutions/Services offered
13.2.23.3 Recent developments
13.2.23.3.1 Deals
13.2.24 ARMIS
13.2.24.1 Business overview
13.2.24.2 Products/Solutions/Services offered
13.2.24.3 Recent developments
13.2.24.3.1 Deals
13.2.25 DARKTRACE
13.2.25.1 Business overview
13.2.25.2 Products/Solutions/Services offered
13.2.25.3 Recent developments
13.2.25.3.1 Product launches/enhancements
13.2.25.3.2 Deals
13.2.26 NOZOMI NETWORKS
13.2.26.1 Business overview
13.2.26.2 Products/Solutions/Services offered
13.2.26.3 Recent developments
13.2.26.3.1 Product launches/enhancements
13.2.26.3.2 Deals
13.2.27 HONEYWELL
13.2.27.1 Business overview
13.2.27.2 Products/Solutions/Services offered
13.2.27.3 Recent developments
13.2.27.3.1 Product launches/enhancements
13.2.27.3.2 Deals
13.2.28 SCHNEIDER ELECTRIC
13.2.28.1 Business overview
13.2.28.2 Products/Solutions/Services offered
13.2.28.3 Recent developments
13.2.28.3.1 Product launches/enhancements
13.2.28.3.2 Deals
13.2.29 SIEMENS
13.2.29.1 Business overview
13.2.29.2 Products/Solutions/Services offered
13.2.29.3 Recent developments
13.2.29.3.1 Deals
13.2.30 ABB
13.2.30.1 Business overview
13.2.30.2 Products/Solutions/Services offered
13.2.30.3 Recent developments
13.2.30.3.1 Deals
13.2.31 TOSIBOX
13.2.31.1 Business overview
13.2.31.2 Products/Solutions/Services offered
13.2.31.3 Recent developments
13.2.31.3.1 Product launches/enhancements
13.2.31.3.2 Deals
13.2.31.3.3 Expansions
13.3 OTHER PLAYERS
13.3.1 RHEBO
13.3.2 SHIELD-IOT
13.3.3 CLAROTY
13.3.4 DRAGOS
13.3.5 CYDOME
13.3.6 MISSION SECURE
13.3.7 ORDR
13.3.8 RUNZERO
13.3.9 SIGA OT SOLUTIONS
13.3.10 SECTRIO
13.3.11 WATERFALL SECURITY
13.3.12 OPSWAT
14 ADJACENT MARKETS
14.1 INTRODUCTION TO ADJACENT MARKETS
14.2 LIMITATIONS
14.3 ICS SECURITY MARKET
14.4 CRITICAL INFRASTRUCTURE PROTECTION MARKET
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET COVERED
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
2.4 MARKET FORECAST
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN
OPERATIONAL TECHNOLOGY SECURITY MARKET
4.2 OPERATIONAL TECHNOLOGY SECURITY MARKET FORECAST
4.3 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY REGION
4.4 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY SOLUTION
4.5 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY SERVICE
4.6 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY DEPLOYMENT MODE
4.7 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY ORGANIZATION SIZE
4.8 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY VERTICAL
4.9 MARKET INVESTMENT SCENARIO
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increased threats to OT environments
5.2.1.2 Stringent government regulations related to OT systems adoption
5.2.1.3 Convergence of OT and IT networks
5.2.1.4 Need for secure OT networks
5.2.2 RESTRAINTS
5.2.2.1 High procurement costs
5.2.2.2 Emerging challenges related to maintenance and upgrades
5.2.2.3 Interoperability and standardization challenges
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing adoption of AI-powered security solutions
5.2.3.2 Technological advancements in cybersecurity
5.2.3.3 Digital transformation across organizations
5.2.3.4 Rising demand for Industry 4.0 and smart infrastructure
5.2.4 CHALLENGES
5.2.4.1 Lack of trained security analysts
5.2.4.2 Lack of awareness about OT security techniques
5.2.4.3 Complexity pertaining to OT environments
5.3 EVOLUTION OF OPERATIONAL TECHNOLOGY SECURITY
5.4 ECOSYSTEM ANALYSIS
5.5 VALUE CHAIN ANALYSIS
5.5.1 PROVIDERS OF OT SECURITY SOLUTIONS AND TOOLS
5.5.2 SERVICE PROVIDERS
5.5.3 SYSTEM INTEGRATORS
5.5.4 RETAIL/DISTRIBUTION
5.5.5 END USERS
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Network security
5.6.1.2 Endpoint security
5.6.1.3 Identity and access management (IAM)
5.6.2 COMPLEMENTARY TECHNOLOGIES
5.6.2.1 Security information and event management (SIEM)
5.6.2.2 Vulnerability management
5.6.3 ADJACENT TECHNOLOGIES
5.6.3.1 Artificial intelligence (AI) and machine learning (ML)
5.6.3.2 Blockchain
5.6.3.3 Internet of Things (IoT)
5.7 REGULATORY LANDSCAPE
5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
5.7.2 KEY REGULATIONS
5.7.2.1 Payment Card Industry Data Security Standard (PCI–DSS)
5.7.2.2 Health Insurance Portability and Accountability Act (HIPAA)
5.7.2.3 Federal Information Security Management Act (FISMA)
5.7.2.4 Gramm-Leach-Bliley Act (GLBA)
5.7.2.5 California’s Privacy Rights Act (CPRA)
5.7.2.6 ISO 27001
5.7.2.7 General Data Protection Regulation
5.7.2.8 Sarbanes-Oxley ACT
5.7.2.9 SOC 2
5.8 PATENT ANALYSIS
5.9 PRICING ANALYSIS
5.9.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION TYPE
5.9.2 INDICATIVE PRICING ANALYSIS OF KEY OT SECURITY VENDORS, BY OFFERING
5.10 PORTER’S FIVE FORCES ANALYSIS
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.11.2 BUYING CRITERIA
5.12 OPERATIONAL TECHNOLOGY SECURITY ATTACKS, 2023–2024
5.13 CASE STUDIES
5.13.1 CALIFORNIA WATER AND WASTEWATER DISTRICT LEVERAGED
FORTINET SOLUTIONS FOR BETTER NETWORK MANAGEMENT
5.13.2 INTERNATIONAL PLASTICS MANUFACTURER IMPROVED OT VISIBILITY
AND REDUCED RISK
5.13.3 ZSCALER HELPED CALIFORNIA DAIRIES TRANSITION TO
CLOUD-BASED ENVIRONMENT
5.13.4 HAURAKI DISTRICT COUNCIL SECURES CRITICAL INFRASTRUCTURE
AND MANAGES THIRD-PARTY RISK WITH DARKTRACE AI
5.13.5 KEYSIGHT ENABLES COMPREHENSIVE OT SECURITY FOR
MEXICAN MINING LEADER
5.14 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.15 KEY CONFERENCES AND EVENTS, 2025–2026
5.16 INVESTMENT AND FUNDING SCENARIO, 2021-2024
5.17 NIST FRAMEWORK
5.17.1 INTRODUCTION TO NIST FRAMEWORK
5.17.2 IDENTITY
5.17.3 PROTECT
5.17.4 DEFEND
5.17.5 DETECT
5.17.6 RESPOND & RECOVER
5.18 OPERATIONAL TECHNOLOGY SECURITY MARKET: TECHNOLOGY ROADMAP
5.19 BUSINESS MODELS OF OPERATIONAL TECHNOLOGY SECURITY
5.19.1 MANAGED SECURITY SERVICES (MSS)
5.19.2 SECURITY AND SOLUTIONS
5.19.3 SECURITY CONSULTING
5.20 IMPACT OF AI/GENERATIVE AI ON OPERATIONAL TECHNOLOGY SECURITY MARKET
5.20.1 USE CASES OF GENERATIVE AI IN OPERATIONAL TECHNOLOGY SECURITY
5.20.2 IMPACT OF GENERATIVE AI ON INTERCONNECTED AND ADJACENT ECOSYSTEMS
5.20.2.1 Enhanced Threat Detection and Response Across IT/OT Boundaries
5.20.2.2 Securing the Expanding Attack Surface of IIoT and
Smart Infrastructure
5.20.2.3 Strengthening Supply Chain Security in OT
5.20.2.4 Addressing the IT/OT Skills Gap Through AI Augmentation
5.20.2.5 Impact on Adjacent Cybersecurity Markets
5.20.2.6 Evolving Threat Landscape
6 IMPACT OF 2025 US TARIFF – OPERATIONAL TECHNOLOGY SECURITY MARKET
6.1 INTRODUCTION
6.2 KEY TARIFF RATES
6.3 PRICE IMPACT ANALYSIS
6.4 IMPACT ON COUNTRY/REGION
6.4.1 NORTH AMERICA
6.4.2 US
6.4.3 CANADA
6.4.4 MEXICO
6.4.5 MARKET CHALLENGES:
6.4.6 MITIGATION MEASURES:
6.4.7 EUROPE
6.4.8 GERMANY
6.4.9 FRANCE
6.4.10 UK
6.4.11 MARKET CHALLENGES:
6.4.12 MITIGATION MEASURES:
6.4.13 ASIA PACIFIC
6.4.14 CHINA
6.4.15 INDIA
6.4.16 AUSTRALIA
6.4.17 MARKET CHALLENGES:
6.4.18 MITIGATION MEASURES:
6.5 IMPACT ON END-USE INDUSTRIES
7 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY OFFERING
7.1 INTRODUCTION
7.1.1 OFFERING: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
7.2 SOLUTIONS
7.2.1 SECURITY INFORMATION & EVENT MANAGEMENT (SIEM)
7.2.1.1 Growth in threat landscape targeting industrial systems to
drive demand
7.2.2 ASSET DISCOVERY & MANAGEMENT
7.2.2.1 Increasingly interconnected and digitized OT environments to
drive demand
7.2.3 NETWORK SECURITY
7.2.3.1 Need to protect critical infrastructure to drive demand
7.2.4 VULNERABILITY MANAGEMENT
7.2.4.1 Increasing connectivity and digitization of industrial
processes to drive demand
7.2.5 IDENTITY & ACCESS MANAGEMENT (IAM)
7.2.5.1 Need to prevent unauthorized access to critical OT assets to
drive demand
7.2.6 DATA SECURITY
7.2.6.1 Need to protect sensitive OT data while ensuring operational continuity, safety, and regulatory compliance to drive demand
7.2.7 OTHER SOLUTIONS
7.3 SERVICES
7.3.1 CONSULTING & INTEGRATION SERVICES
7.3.1.1 Emergence of advanced threats and shortage of cloud computing security skills to drive demand
7.3.2 SUPPORT & MAINTENANCE SERVICES
7.3.2.1 Rising adoption of complex security solutions to drive demand
7.3.3 TRAINING & DEVELOPMENT SERVICES
7.3.3.1 Rising convergence of IT and OT systems to drive demand
7.3.4 INCIDENT RESPONSE SERVICES
7.3.4.1 Focus on identifying and preventing attacks on OT security systems to drive demand
7.3.5 MANAGED SECURITY SERVICES
7.3.5.1 Requirement for network assessment, vulnerability analysis,
and live monitoring to drive demand
8 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY DEPLOYMENT MODE
8.1 INTRODUCTION
8.1.1 DEPLOYMENT MODE: OPERATIONAL TECHNOLOGY
SECURITY MARKET DRIVERS
8.2 CLOUD
8.2.1 REQUIREMENT FOR FLEXIBILITY, SCALABILITY,
AND COST REDUCTION TO DRIVE DEMAND
8.3 ON-PREMISES
8.3.1 PREFERENCE FOR HIGH SECURITY AND CONTROL OVER DATA TO
DRIVE DEMAND
9 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY ORGANIZATION SIZE
9.1 INTRODUCTION
9.1.1 ORGANIZATION SIZE: OPERATIONAL TECHNOLOGY
SECURITY MARKET DRIVERS
9.2 SMES
9.2.1 HIGHER VULNERABILITY TO CYBERATTACKS TO DRIVE
INVESTMENTS IN DIGITAL SECURITY SYSTEMS
9.3 LARGE ENTERPRISES
9.3.1 AMPLE BUDGETS AND INCREASING FOCUS ON SECURING
DATA MOVEMENT AND STORAGE TO DRIVE MARKET
10 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY VERTICAL
10.1 INTRODUCTION
10.1.1 VERTICAL: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
10.2 TRANSPORTATION & LOGISTICS
10.2.1 INCREASING RELIANCE ON DIGITAL SYSTEMS FOR ENHANCED
EFFICIENCY AND CUSTOMER SATISFACTION TO DRIVE MARKET
10.2.2 TRANSPORTATION & LOGISTICS: OPERATIONAL TECHNOLOGY
SECURITY USE CASES
10.2.2.1 Supervisory control and data acquisition (SCADA) security
10.2.2.2 Fleet management security
10.2.2.3 Logistics automation security
10.2.2.4 Supply chain security
10.2.2.5 Port and terminal security
10.2.2.6 Aviation security
10.3 MANUFACTURING
10.3.1 NEED TO PREVENT PRODUCTION DISRUPTIONS AND
DATA BREACHES TO DRIVE MARKET
10.3.2 MANUFACTURING: OPERATIONAL TECHNOLOGY SECURITY USE CASES
10.3.2.1 Supervisory control and data acquisition (SCADA) security
10.3.2.2 Industrial IoT (IIoT) devices security
10.3.2.3 Manufacturing execution systems (MES) security
10.3.2.4 Robotics and automation security
10.3.2.5 Supply chain integration security
10.3.2.6 Plant floor network security
10.4 ENERGY & POWER
10.4.1 NEED TO SAFEGUARD CRITICAL INFRASTRUCTURE AND
MINIMIZE DISRUPTIONS TO DRIVE MARKET
10.4.2 ENERGY & POWER: OPERATIONAL TECHNOLOGY SECURITY USE CASES
10.4.2.1 Supervisory control and data acquisition(SCADA) security
10.4.2.2 Industrial control systems (ICS) security
10.4.2.3 Smart grid security
10.4.2.4 Renewable energy systems security
10.4.2.5 Energy management systems (EMS) security
10.5 OIL & GAS
10.5.1 FOCUS ON ENHANCING DIGITAL RESILIENCE AND REDUCING CYBER THREATS TO DRIVE MARKET
10.5.2 OIL & GAS: OPERATIONAL TECHNOLOGY SECURITY USE CASES
10.5.2.1 Supervisory control and data acquisition (SCADA) security
10.5.2.2 Industrial control systems (ICS) security
10.5.2.3 Pipeline monitoring and control security
10.5.2.4 Terminal automation security
10.6 OTHER VERTICALS
11 OPERATIONAL TECHNOLOGY SECURITY MARKET, BY REGION
11.1 INTRODUCTION
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.2.2 NORTH AMERICA: MACROECONOMIC OUTLOOK
11.2.3 US
11.2.3.1 High digitalization and significant investment in modernizing legacy infrastructure to drive market
11.2.4 CANADA
11.2.4.1 Surge in cyberattacks and increasing focus on OT security investment to drive market
11.3 EUROPE
11.3.1 EUROPE: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.3.2 EUROPE: MACROECONOMIC OUTLOOK
11.3.3 UK
11.3.3.1 Emphasis on strong regulatory enforcement to spur
OT security adoption
11.3.4 GERMANY
11.3.4.1 IT-SiG 2.0 law mandating stricter compliance and cyber hygiene to elevate demand for OT security solutions
11.3.5 ITALY
11.3.5.1 Increasing focus on safeguarding interconnected industrial operations to drive market
11.3.6 FRANCE
11.3.6.1 Rising cyber threats targeting and convergence of IT and
OT environments to boost market
11.3.7 FINLAND
11.3.7.1 Smart grid expansion to drive demand for OT security solutions
11.3.8 SWEDEN
11.3.8.1 Smart city projects to trigger investment in OT security
11.3.9 BENELUX
11.3.9.1 Increasing cyber threats targeting port operations, public infrastructure, and finance-related industrial systems to drive market
11.3.10 SPAIN
11.3.10.1 Rising infrastructure threats to trigger OT modernization
11.3.11 PORTUGAL
11.3.11.1 Government-led cyber strategy to expand OT awareness
11.3.12 DENMARK
11.3.12.1 Focus on smart energy and offshore wind power to drive
OT security demand
11.3.13 NORWAY
11.3.13.1 Rising oil & gas cyber threats to spur national OT defense strategy
11.3.14 AUSTRIA
11.3.14.1 Increasing cyberattacks on healthcare and transportation infrastructure to drive market
11.3.15 SWITZERLAND
11.3.15.1 Infrastructure modernization in industrial automation,
energy distribution, and smart factories to drive market
11.3.16 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.4.2 ASIA PACIFIC: MACROECONOMIC OUTLOOK
11.4.3 CHINA
11.4.3.1 Stricter government guidelines for industrial control systems to
drive market
11.4.4 JAPAN
11.4.4.1 Financial incentives and tax exemptions to encourage investment and propel market expansion
11.4.5 INDIA
11.4.5.1 Increasing adoption of connected devices and systems to
drive market
11.4.6 REST OF ASIA PACIFIC
11.5 MIDDLE EAST & AFRICA
11.5.1 MIDDLE EAST & AFRICA: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.5.2 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK
11.5.3 GULF COOPERATION COUNCIL (GCC)
11.5.3.1 KSA
11.5.3.1.1 Vision 2030 and push for smart infrastructure to
drive market
11.5.3.2 UAE
11.5.3.2.1 Strategic public-private partnerships to fuel cyber innovation and drive OT security demand
11.5.3.3 Rest of GCC
11.5.4 SOUTH AFRICA
11.5.4.1 Active promotion of cybersecurity standards and guidelines by regulatory bodies and government agencies to drive market
11.5.5 REST OF MIDDLE EAST & AFRICA
11.6 LATIN AMERICA
11.6.1 LATIN AMERICA: OPERATIONAL TECHNOLOGY SECURITY MARKET DRIVERS
11.6.2 LATIN AMERICA: MACROECONOMIC OUTLOOK
11.6.3 MEXICO
11.6.3.1 Strategic investment in industrial SOCs and incident response to drive market
11.6.4 BRAZIL
11.6.4.1 Rising ICS malware threats to drive market
11.6.5 REST OF LATIN AMERICA
12 COMPETITIVE LANDSCAPE
12.1 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2024
12.2 REVENUE ANALYSIS, 2020–2024
12.3 MARKET SHARE ANALYSIS, 2024
12.4 BRAND COMPARISON
12.4.1 CISCO
12.4.2 TENABLE
12.4.3 MICROSOFT
12.4.4 FORCEPOINT
12.4.5 PALO ALTO NETWORKS
12.5 COMPANY VALUATION AND FINANCIAL METRICS
12.5.1 COMPANY VALUATION, 2024
12.5.2 FINANCIAL METRICS USING EV/EBIDTA
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
12.6.5.1 Company footprint
12.6.5.2 Region footprint
12.6.5.3 Offering footprint
12.6.5.4 Vertical footprint
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
12.7.5.1 Detailed list of key startups/SMEs
12.7.5.2 Competitive benchmarking of key startups
12.8 COMPETITIVE SCENARIO
12.8.1 PRODUCT LAUNCHES/ENHANCEMENTS
12.8.2 DEALS
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
13.2.1 CISCO
13.2.1.1 Business overview
13.2.1.2 Products/Solutions/Services offered
13.2.1.3 Recent developments
13.2.1.3.1 Product launches/enhancements
13.2.1.3.2 Deals
13.2.1.4 MnM view
13.2.1.4.1 Key strengths
13.2.1.4.2 Strategic choices
13.2.1.4.3 Weaknesses and competitive threats
13.2.2 TENABLE
13.2.2.1 Business overview
13.2.2.2 Products/Solutions/Services offered
13.2.2.3 Recent developments
13.2.2.3.1 Product launches/enhancements
13.2.2.3.2 Deals
13.2.2.4 MnM view
13.2.2.4.1 Key strengths
13.2.2.4.2 Strategic choices
13.2.2.4.3 Weaknesses and competitive threats
13.2.3 MICROSOFT
13.2.3.1 Business overview
13.2.3.2 Products/Solutions/Services offered
13.2.3.3 Recent developments
13.2.3.3.1 Product launches/enhancements
13.2.3.3.2 Deals
13.2.3.4 MnM view
13.2.3.4.1 Key strengths
13.2.3.4.2 Strategic choices
13.2.3.4.3 Weaknesses and competitive threats
13.2.4 FORCEPOINT
13.2.4.1 Business overview
13.2.4.2 Products/Solutions/Services offered
13.2.4.3 Recent developments
13.2.4.3.1 Product launches/enhancements
13.2.4.3.2 Deals
13.2.4.3.3 Other developments
13.2.4.4 MnM view
13.2.4.4.1 Key strengths
13.2.4.4.2 Strategic choices
13.2.4.4.3 Weaknesses and competitive threats
13.2.5 PALO ALTO NETWORKS
13.2.5.1 Business overview
13.2.5.2 Products/Solutions/Services offered
13.2.5.3 Recent developments
13.2.5.3.1 Product launches/enhancements
13.2.5.3.2 Deals
13.2.5.4 MnM view
13.2.5.4.1 Key strengths
13.2.5.4.2 Strategic choices
13.2.5.4.3 Weaknesses and competitive threats
13.2.6 FORTINET
13.2.6.1 Business overview
13.2.6.2 Products/Solutions/Services offered
13.2.6.3 Recent developments
13.2.6.3.1 Product launches/enhancements
13.2.6.3.2 Deals
13.2.7 FORESCOUT
13.2.7.1 Business overview
13.2.7.2 Products/Solutions/Services offered
13.2.7.3 Recent developments
13.2.7.3.1 Product launches/enhancements
13.2.7.3.2 Deals
13.2.8 SECKIOT
13.2.8.1 Business overview
13.2.8.2 Products/Solutions/Services offered
13.2.9 CHECK POINT
13.2.9.1 Business overview
13.2.9.2 Products/Solutions/Services offered
13.2.9.3 Recent developments
13.2.9.3.1 Product launches/enhancements
13.2.9.3.2 Deals
13.2.10 BROADCOM
13.2.10.1 Business overview
13.2.10.2 Products/Solutions/Services offered
13.2.10.3 Recent developments
13.2.10.3.1 Product launches/enhancements
13.2.10.3.2 Deals
13.2.11 TRELLIX
13.2.11.1 Business overview
13.2.11.2 Products/Solutions/Services offered
13.2.11.3 Recent developments
13.2.11.3.1 Product launches/enhancements
13.2.11.3.2 Deals
13.2.12 OKTA
13.2.12.1 Business overview
13.2.12.2 Products/Solutions/Services offered
13.2.12.3 Recent developments
13.2.12.3.1 Product launches/enhancements
13.2.12.3.2 Deals
13.2.13 QUALYS
13.2.13.1 Business overview
13.2.13.2 Products/Solutions/Services offered
13.2.13.3 Recent developments
13.2.13.3.1 Product launches/enhancements
13.2.13.3.2 Deals
13.2.14 ZSCALER
13.2.14.1 Business overview
13.2.14.2 Products/Solutions/Services offered
13.2.14.3 Recent developments
13.2.14.3.1 Product launches/enhancements
13.2.14.3.2 Deals
13.2.15 BEYONDTRUST
13.2.15.1 Business overview
13.2.15.2 Products/Solutions/Services offered
13.2.15.3 Recent developments
13.2.15.3.1 Product launches/enhancements
13.2.15.3.2 Deals
13.2.16 CYBERARK
13.2.16.1 Business overview
13.2.16.2 Products/Solutions/Services offered
13.2.16.3 Recent developments
13.2.16.3.1 Product launches/enhancements
13.2.16.3.2 Deals
13.2.17 RAPID7
13.2.17.1 Business overview
13.2.17.2 Products/Solutions/Services offered
13.2.17.3 Recent developments
13.2.17.3.1 Product launches/enhancements
13.2.17.3.2 Deals
13.2.18 SOPHOS
13.2.18.1 Business overview
13.2.18.2 Products/Solutions/Services offered
13.2.18.3 Recent developments
13.2.18.3.1 Product launches/enhancements
13.2.18.3.2 Deals
13.2.19 TRIPWIRE
13.2.19.1 Business overview
13.2.19.2 Products/Solutions/Services offered
13.2.19.3 Recent developments
13.2.19.3.1 Product launches/enhancements
13.2.19.3.2 Deals
13.2.20 RADIFLOW
13.2.20.1 Business overview
13.2.20.2 Products/Solutions/Services offered
13.2.20.3 Recent developments
13.2.20.3.1 Product launches/enhancements
13.2.20.3.2 Deals
13.2.21 KASPERSKY
13.2.21.1 Business overview
13.2.21.2 Products/Solutions/Services offered
13.2.21.3 Recent developments
13.2.21.3.1 Product launches/enhancements
13.2.21.3.2 Deals
13.2.22 SENTINELONE
13.2.22.1 Business overview
13.2.22.2 Products/Solutions/Services offered
13.2.22.3 Recent developments
13.2.22.3.1 Product launches/enhancements
13.2.22.3.2 Deals
13.2.23 THALES
13.2.23.1 Business overview
13.2.23.2 Products/Solutions/Services offered
13.2.23.3 Recent developments
13.2.23.3.1 Deals
13.2.24 ARMIS
13.2.24.1 Business overview
13.2.24.2 Products/Solutions/Services offered
13.2.24.3 Recent developments
13.2.24.3.1 Deals
13.2.25 DARKTRACE
13.2.25.1 Business overview
13.2.25.2 Products/Solutions/Services offered
13.2.25.3 Recent developments
13.2.25.3.1 Product launches/enhancements
13.2.25.3.2 Deals
13.2.26 NOZOMI NETWORKS
13.2.26.1 Business overview
13.2.26.2 Products/Solutions/Services offered
13.2.26.3 Recent developments
13.2.26.3.1 Product launches/enhancements
13.2.26.3.2 Deals
13.2.27 HONEYWELL
13.2.27.1 Business overview
13.2.27.2 Products/Solutions/Services offered
13.2.27.3 Recent developments
13.2.27.3.1 Product launches/enhancements
13.2.27.3.2 Deals
13.2.28 SCHNEIDER ELECTRIC
13.2.28.1 Business overview
13.2.28.2 Products/Solutions/Services offered
13.2.28.3 Recent developments
13.2.28.3.1 Product launches/enhancements
13.2.28.3.2 Deals
13.2.29 SIEMENS
13.2.29.1 Business overview
13.2.29.2 Products/Solutions/Services offered
13.2.29.3 Recent developments
13.2.29.3.1 Deals
13.2.30 ABB
13.2.30.1 Business overview
13.2.30.2 Products/Solutions/Services offered
13.2.30.3 Recent developments
13.2.30.3.1 Deals
13.2.31 TOSIBOX
13.2.31.1 Business overview
13.2.31.2 Products/Solutions/Services offered
13.2.31.3 Recent developments
13.2.31.3.1 Product launches/enhancements
13.2.31.3.2 Deals
13.2.31.3.3 Expansions
13.3 OTHER PLAYERS
13.3.1 RHEBO
13.3.2 SHIELD-IOT
13.3.3 CLAROTY
13.3.4 DRAGOS
13.3.5 CYDOME
13.3.6 MISSION SECURE
13.3.7 ORDR
13.3.8 RUNZERO
13.3.9 SIGA OT SOLUTIONS
13.3.10 SECTRIO
13.3.11 WATERFALL SECURITY
13.3.12 OPSWAT
14 ADJACENT MARKETS
14.1 INTRODUCTION TO ADJACENT MARKETS
14.2 LIMITATIONS
14.3 ICS SECURITY MARKET
14.4 CRITICAL INFRASTRUCTURE PROTECTION MARKET
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS