Global Critical Infrastructure Protection Market Analysis: 2023-2030

Global critical infrastructure protection market analysis and insights

The global market for critical infrastructure protection (CIP) estimated at US$140.0 billion in the year 2023, is projected to reach US$182.4 billion by 2030, growing at a CAGR of 3.36% over the analysis period 2023-2030.

Critical Infrastructure (CI) includes assets, systems, and networks that are vital to the functioning of society and the economy. While the components of CI tend to vary from nation to nation, water and energy facilities, financial sector, transportation, communications, security, medical and emergency services remain common to all. Critical infrastructure is vulnerable to a blend of conventional and non-conventional threats such as natural and climatic conditions, system failures, human errors, physical attacks and cyber threats.

The need to protect critical infrastructure across the world has given rise to the concept of CIP, comprising technologies, systems, solutions, physical measures, processes, policies, and services that underpin the safety, security and economic well-being of people and national resources. CIP solutions assist in countering threats related to incapacitation, exploitation, or destruction of critical infrastructure and key resources, due to terrorist and/or cyber attacks.

Physical security is essential for protecting critical infrastructure, alongside cybersecurity. Key measures include access control, surveillance, and perimeter security to prevent unauthorized access. Enhancing critical infrastructure protection (CIP) involves regular risk assessments, robust access controls, emergency planning, and collaboration with government and organizations. Advanced technologies like Content Disarm and Reconstruction (CDR), Data Loss Prevention (DLP), and threat intelligence tools are crucial for securing sensitive data, detecting vulnerabilities, and preemptively identifying threats.

Stricter CIP compliance standards are being enforced by governments across the world for critical electric grid, telecom and water distribution facilities controlled by both public sector and private sector operators. The adoption of smart grid technologies in the energy sector and the shift towards cloud computing in critical sectors have also influenced CIP growth, as these advancements introduce new vulnerabilities requiring specialized security measures.

Critical infrastructure protection regional market insights

North American critical infrastructure protection market is expected to grow significantly over the forecast period 2023-2030. This growth can be attributed to the stringent government regulations, technological advancements, and the rising need to secure essential services against both physical and digital attacks. United States contributed around 79% of the total North American critical infrastructure protection market, with a market size of US$38.4 billion in 2023. Among the other noteworthy geographic markets are Canada and Mexico, each forecast to grow at 2.89% and 2.51% respectively over the forecast period.

The Asia-Pacific critical infrastructure protection market is anticipated to witness an upsurge owing to the rapid urbanization, growing cyber threats, increased government investment in security measures, and the expansion of critical infrastructure in emerging economies. China is expected to dominate the Asia-Pacific market and reach a market size of US$32.7 billion by 2030.

Within Europe, Germany, France, Italy and the U.K. are the key countries responsible for the significant growth of the regional market. Germany is expected to grow at a fastest CAGR of 3.13% over the forecast period.

Meanwhile, the Middle East & Africa is expected to show limited growth due to the strong presence of under-developed countries in Africa who are still struggling to meet technology standards. However, any growth that the region experiences is expected to come from developing Middle Eastern nations such as Qatar, U.A.E, and Oman due to a similar growth pattern as the Asia Pacific.

Key players

Key players profiled in the report include Accenture Plc; Airbus; BAE Systems Plc; Cisco Systems, Inc.; Dell EMC; General Dynamics Mission Systems, Inc.; Hexagon AB; Honeywell International, Inc.; Huawei; IBM Corp.; Kaspersky Lab; Lockheed Martin Corporation; McAfee, Inc.; Motorola Solutions; Northrop Grumman; Raytheon Company; Thales Group; Waterfall Security; Watermark Risk Management International LLC, among others.

Competitive Landscape

September 05, 2024 – Airbus Defence and Space has finalized the acquisition of infodas, a German company that provides cybersecurity and IT solutions in the public sector including for defense and critical infrastructures, and which is now becoming an Airbus subsidiary.

June 20, 2024 — BAE Systems and GlobalFoundries (GF) announced a new collaboration to strengthen the supply of critical semiconductors for national security programs. Under the strategic agreement, the companies will collaborate on long-term strategies for increasing U.S. semiconductor innovation and manufacturing, with the joint goal of advancing the ecosystem for domestic fabrication and packaging of secure chips and solutions for use in aerospace and defense systems.

Critical infrastructure protection market scope

• By component
  • Solution
    • Cybersecurity
    • Physical safety and security
  • Services
    • Managed security services
    • Professional services

• By deployment mode
  • On-premises
  • Cloud-based
  • Hybrid

• By industry vertical
  • Energy & utilities
  • Transportation
  • Healthcare
  • Financial services
  • Government and defense
  • Information technology and telecommunications
  • Manufacturing
  • Public safety
  • Others

• By region
  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The research report  provides a comprehensive review of market trends (Technology, Product and Application analysis), market growth drivers, PEST Analysis (Political, Economic, Social and Technological Analysis) Market growth inhibitors, and strategic industry activities and SWOT Analysis of key players in the market. The report provides market estimates and forecast for geographic markets such as the North America (United States, Canada, Mexico and Rest of North America), South America (Brazil, Argentina Chile Colombia Peru Venezuela Ecuador and Rest of South America), Europe (Germany, France, U.K., Russia, Italy, Spain, Sweden, Netherlands, Poland, Austria, Belgium, Finland, Norway, Switzerland, Denmark, Czech Republic, Portugal and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Taiwan, India, Australia, Indonesia, Philippines, Malaysia and Rest of Asia-Pacific), Middle East (Iran, Turkey, Kuwait, UAE, Israel, Oman, Bahrain, Saudi Arabia, Qatar, Egypt and Rest of Middle East) & Africa.

Research Methodology