Critical Infrastructure Protection Market

June 21st 2016 Mumbai, India: Bharatbook.com announces a report on “ Critical Infrastructure Protection Market by Security Technology by Service, by Vertical & by Region - Global Forecast to 2021 ”. Middle East and Africa is expected to grow at the highest rate during the forecast period as the region has a wide portfolio of applications across manufacturing and chemical industry.

Government regulations and best practices is driving the demand

for critical infrastructure protection

The Critical Infrastructure protection market size is estimated to grow from USD 102.47 billion in 2016 to USD 144.82 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 7.16% from 2016 to 2021. The critical infrastructure protection market is driven by factors such as government regulations and best practices and increase in the number of cyber threats.

Maintenance and support service to gain the largest market share during the forecast period

The need for monitoring infrastructures is always there, especially for infrastructures such as oil and gas, smart grids, or nuclear reactors. As these infrastructures are very sensitive and vulnerable to factors such as temperature change, lack of proper operability, unauthorized access, terrorist attacks, their safety and security with proper time to time maintenance and support with best options are required in every phase. For which, maintenance and support service is estimated to gain the maximum market size during the forecast period.

Middle East and Africa expected to grow at the highest rate during the forecast period

Middle East and Africa is expected to grow at the highest rate during the forecast period as the region has a wide portfolio of applications across manufacturing and chemical industry; sensitive infrastructures such as stadiums, government facilities, manufacturing, banking facilities, historical monuments, holy places, and defense establishments; and is also expected to spend huge amounts on...