Industrial cybersecurity refers to the safety and security of industrial control systems, automation processes, plants operations, and critical infrastructure from cyber intrusions. Industrial control systems such as programmable logic controllers (PLC), distributed control systems (DCS), and supervisory control and data acquisition (SCADA) systems are primarily prone to cyberattacks. To secure these systems from cyberattacks, various technologies such as distributed denial of service (DDoS), intrusion detection and prevention systems, antivirus, and products such as gateway and networking devices are used for an uninterrupted productivity of utilities, grids, transportation systems, and the manufacturing sector.
Types of Industrial Cybersecurity Solutions
The market of Industrial Cyber security can be broken down to products, solutions, industries, organization size and by the region. Some of the types are:
- Antivirus
- Firewall
- SCADA Encryption
- Data Loss Prevention
- Security Information and Event Management
- Intrusion Detection Systems
- Intrusion Prevention Systems
- Identity and Access Management
- Unified Threat Management
- Distributed Denial of Service
Top features of Industrial Cybersecurity Solutions
Cybersecurity solutions have vast applications in industrial sectors. This can be to protect data and other crucial information. Some of the features are:
- Network discovery
- Denial of Service (DoS) protection
- Network segmentation and traffic filtering
- Bandwidth limitation
- Syslog data collection
- Log filtering and management
- Investigation analytics and reporting
- Real-time change detection
- Best practice assessment and remediation
- Compliance analytics and reporting
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and adoption of growth strategies. These players have a broad portfolio of products that caters to most regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and well-established brand equity.
Manufacturers of industrial cybersecurity products under this quadrant are well-established vendors with strong business strategies. They focus on a specific type of technology related to the product considered under this market. Several companies in the industrial cybersecurity market are largely dependent on their R&D activities. Most of the dynamic players are classified under tier 2 and tier 3 companies, which have a presence in various regions worldwide.
Manufacturers of industrial cybersecurity products that are constantly striving for technology innovations play a major role in the IoT ecosystem. These players demonstrate more significant product innovations compared with the other players in the IoT ecosystem. Players under this category have a focused product portfolio.
Selective vendors in the industrial cybersecurity market have niche service offerings. They do not have strong business strategies. These players might be new entrants in specific segments in the market and would require time to gain significant traction in the market. The market poses a moderate level of threat to the new entrants in establishing their footprint as there are several players that are providing industrial cybersecurity-related products and solutions.