Global Critical Infrastructure Protection Market Insights, Size and Growth Forecast To 2027

 

Global Critical Infrastructure Protection Market: Overview

Critical infrastructure protection (CIP) includes measures to protect interdependent systems, networks, and assets, which form an essential service foundation for society. Critical physical infrastructure includes roads, bridges, airports, communication facilities, and power plants. The information-based support gives all other systems the characteristics of computers and networks, especially monitoring and data acquisition (SCADA) systems, which operate on an interconnected basis for information exchange and analysis across critical functions.

Global Critical Infrastructure Protection Market: Insights
The global critical infrastructure protection market size stood at USD 128.94 billion in 2019 and is projected to reach USD 167.02 billion by 2027, registering a CAGR of 3.23% during the forecast period, 2020-2027. The major growth factors are the wave of network information that is sweeping the world, and it has revolutionized the social lifestyle of human beings. The subsequent network security problems have brought new, and enormous challenges to human society are bolstering the market demand for the global critical infrastructure protection market.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”


The governance and legislation of network security have become a global issue. The protection of critical information infrastructure is the most vital and challenging part of network security governance. The security of critical information infrastructure has public attributes, and government regulation is justified when private parties cannot independently provide it through market mechanisms. The governance objects of critical information infrastructure protection need to be systematically designated and carefully adjusted dynamically. 

In the main structure of critical infrastructure protection, the hierarchical and sectoral government organization structure has apparent limitations, and cooperation is an inevitable choice. It requires the formation of a close relationship based on efficient and unified leadership and extensive and profound government collaboration.

Moreover, with the rapid development of information and communication technology, the operation of infrastructures such as financial systems, transportation, power lines, telecommunications services, water pipelines, and government services increasingly depends on network information systems, and daily human behaviors increasingly transformed into information data streams in cyberspace. Therefore, it is the main reason for the adoption of critical infrastructure protection.

Furthermore, the core content is to protect critical infrastructures that are related to national security and public safety, to protect the network information systems, storage on which these infrastructures depend, and transmitted data. The security risks faced by critical infrastructure include not only physical threats such as natural disasters but also cyber threats against information systems emphasized by national cybersecurity legislation, manifested as hacking, electronic spying, cyber theft, and even worrying about cyber wars and networks Terrorism, etc.

The SPER market research report of the critical infrastructure protection market includes all integrated approaches to the growth of the market, along with an accurate & elaborate analysis of the complete competitive situation of this market on a global level. Besides the current analytical & statistical account, the report cloaks the trends market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the critical infrastructure protection market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scales.

About SPER Market Research:

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