Critical Infrastructure Protection (CIP) market to Reach USD 154.59 billion by 2028;

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Pune,India, Feb. 18, 2021 (GLOBE NEWSWIRE) — The global critical infrastructure protection (CIP) market is expected to grow astonishingly backed by the increasing development of smart cities. Such cities consist of cyber and physical infrastructures that enhance the overall standard of living. Security experts often use CIP solutions to protect the infrastructures from cyber-attacks. This information is given by Fortune Business Insights™ in a new report, titled, “Critical Infrastructure Protection (CIP) Market Size, Share & COVID-19 Impact Analysis, By Component (Type, Services), By Application (Identity and Access Management, Patching and Vulnerability Management, Security Event Monitoring, Incident Response, Resilience and System Recovery, Others), By Vertical (Energy and Power, BFSI, Transportation and Logistics, Healthcare, Manufacturing and Chemical, Oil and Gas, Government and Defense, and Others) and Regional Forecast, 2021-2028.” The report further states that the critical infrastructure protection (CIP) market size was USD 96.30 billion in 2021 and is projected to reach USD 154.59 billion by 2028, exhibiting a CAGR of 6.2% during the forecast period.

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Fortune Business Insights™ presents a list of all the critical infrastructure protection solution providers operating in the global market. They are as follows:

  • 3xLogic (Westminster, US)
  • Airbus (Leiden, Netherlands)
  • Axis Communications (Lund, Sweden)
  • BAE Systems (Farnborough, United Kingdom)
  • Cisco Systems, Inc. (California, United States)
  • General Dynamics (Virginia, United States)
  • Hexagon AB (Sweden)
  • Honeywell International, Inc. (North Carolina, United States)
  • Huawei Technologies Co., Ltd (Shenzhen, China)
  • Johnson Control (Cork, Ireland)
  • Motorola Solutions (Illinois, United States)
  • Northrop Grumman (Virginia, United States)
  • Thales Group (La Défense, France)
  • Tyco International (Cork, Ireland)

The outbreak of the COVID-19 pandemic is proving to be very destructive for a wide range of industries. Their operations have come to a complete standstill. Until and unless a vaccine is discovered, it will be difficult for them to resume production processes. Our reports would help the clients in receiving the best strategies available to gain business confidence amidst this pandemic.

This Report Answers the Following Questions:

  • What are the market dynamics, growth drivers, and obstacles?
  • How will the market be affected by COVID-19?
  • Which company would generate the maximum revenue?
  • Which strategies are being adopted by key companies to intensify sales?


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Drivers & Restraints-

Rising Need to Protect Industrial Infrastructure will Surge Demand for CIP Solutions

Critical infrastructure is persistently at high risk from numerous man-made and natural hazards and threats, such as terrorist attacks, cyberattacks, conventional or falling infrastructure, and harsh weather conditions. The large industrial infrastructures require internet connectivity for administration and remote monitoring. The above-mentioned threats can cause severe damages to defense, transport, energy systems, healthcare, finance, and telecommunications. They can further have devastating effects on the economy worldwide. Therefore, the critical infrastructure protection solutions …

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