Report Highlights
Smart Grid Security Market Size And Forecast
Smart Grid Security Market was valued at USD 5.99 billion in 2019 and is projected to reach USD 12.72 billion by 2027, growing at a CAGR of 10.65% from 2020 to 2027.
Global Smart Grid Security Market Overview
The trend of adoption of the smart grid has enabled connecting devices and applications through the internet. Smart grids are required to integrate traditional grids with the IT systems. Furthermore, a Smart grid offers grid operators, a greater control of the functions of the grid for improving the efficiency with enhanced monitoring with the help of exchange information. Composed of various integrations of information technology (IT) and operation technology (OT) systems to manage different functions. The increased sophistication has increased standards of cyber-attacks drive the market for the global smart grid security market. Moreover, the continuous evolution of the smart grid and integrated offering of smart grid IT and cyber-security solutions are providing opportunities for growth during the forecast period.
Global Smart Grid Security Market Segmentation Analysis:
The Global Smart Grid Security Market is segmented based on Application, Service Type, Security Type, Solution, Deployment Type And Geography.
Key Players in Smart Grid Security Market
The Global Smart Grid Security Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as
- BAE Systems PLC
- IBM Corporation
- Cisco Systems, Inc.
- Intel Security (Mcafee)
- Siemens AG
- Symantec Corporation
- N-Dimension Solutions, Inc.
- Elster Solutions
- Alertenterprise
- Leidos
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Global Smart Grid Security Market
The Global Smart Grid Security Market was valued at USD 4.45 billion in 2016 and is projected to reach USD 11.06 billion by 2025, growing at a CAGR of 10.65% from 2017 to 2025.
A smart grid is an electrical grid which includes a variety of operational and energy measures including smart meters, smart appliances, renewable energy resources, ...
Global Smart Grid Security Market
GLOBAL SMART GRID SECURITY MARKET SIZE AND FORECAST TO 2025
Global Smart Grid Security Market Analysis
According to Verified Market Intelligence, The Global Smart Grid Security Market was valued at USD 5.15 Billion in 2017 and is projected to reach USD 10.75 Billion by 2025, growing at a CAGR of 11.2% from 2018 to 2025.
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