Delivering a safe environment promoting infrastructural development is of paramount importance for nations across the globe. At a time when national organizations and operators are scrambling to secure their existing assets from a new school of threats, investment in critical infrastructure protection will entail safety to infrastructure as well as boost the economic growth.
Impelled by continued threats of terrorist attacks, local insurgencies, natural disasters, epidemics, and cyber intrusions, governments across several nations are vying to chalk-out Critical Infrastructure Protection (CIP) strategies. The world at present is witnessing a remarkable surge in infrastructure construction activities. Therefore, investing on CIP that provides a feature-rich platform has become indispensable for owners to ascertain the safety and security of these infrastructures.
Governments Across Nations are Gearing up to Ensure Infrastructure Protection
Ensuring protection of critical assets is kept at the top most priority by governments of several nations. In order to ascertain hindrance free operations for the economy, governments and infrastructure owners have set a couple of internationally accepted reliability standards. The parameters for reliability standard encompass physical, electrical, and cyber security, together with training and awareness requirements. In addition, leading enterprises across the global are proactively incorporating these standards into their current work scenarios to fetch maximum benefits.
Key participants such as Raytheon, Cyber-Ark Software, Thales, BAE Systems, as Lockheed Martin, Kaspersky Lab, and AVG Technologies also provide comprehensive solutions across all verticals.
The global market for critical infrastructure protection can be broadly classified on the basis of security technologies, terms of types of solutions, types of services, verticals, and geography. In terms of verticals, the market can be further segmented as energy and power, transportation (bridges and highways, railway infrastructure, seaports, airports), and sensitive infrastructures including holy places, IT and communication, and defense establishments.
Critical Infrastructure Protection Market to be Driven by the Growing Demand for Cost Effective Solutions
Governments and commercial organizations are becoming increasingly dependent on IT communications to propagate automation across verticals. In addition, the growing demand for cost effective solutions has been noted alongside the enhanced propensity of deploying best practices in response to emergencies. These are the major factors driving the demand for critical infrastructure protection worldwide.
Cost effective business processes are indispensable for organizations that aim to gain a competitive edge in the market. Security solutions provided by critical infrastructure protection ensure cost efficiency together with reliability, as organizations gear up to deploy both traditional physical security as well as the contemporary cyber security. A significant rise in security service investments is noted in the global market. While organizations from different countries of the world are looking forward to integrate feature-rich security solutions into their mainstream processes, service providers are buoyant about delivering value-added services.
Transport and Manufacturing Will Exhibit Slow Adopters of Infrastructure Protection Solution
Despite exhibiting impressive rate of implementation by a majority of verticals, transportation and manufacturing remained laggards in adopting the infrastructure protection solutions. However, the recent terrorist infiltrations, compliance concerns, and natural disasters are expected to boost the integration of the critical infrastructure protection solutions across all the major verticals. Growing demand for virtualization and automation of workplace will further boost the demand for critical infrastructure protection in the global market.