Global Operational Technology Security Market to Grow by $17.7 Billion by 2027, Driven by Increasing Dependence on the Internet

DUBLIN, July 24, 2023 /PRNewswire/ -- The "Global Operational Technology Security Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.

The global operational technology security market is forecast to grow by $17,756.09 million during the period from 2022 to 2027, accelerating at a CAGR of 15.97% throughout the forecast period.

The report on the operational technology security market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Market Growth Drivers:

The study identifies the growing dependence on the internet as one of the prime reasons driving the operational technology security market growth during the next few years. Also, increasing investments by governments in implementing operational technology security in critical infrastructure and convergence of its infrastructure and operational technology systems will lead to sizable demand in the market.

Segmentation:

By End-user

• SMEs
• Large enterprises

By Application

• Power generation and electrical
• Manufacturing
• Transportation and logistics
• Mining
• Others

By Geography

• North America
• Europe
• APAC
• Middle East and Africa
• South America

Companies Mentioned:

• Alphabet Inc.
• AO Kaspersky Lab
• BeyondTrust Corp.
• Broadcom Inc.
• Check Point Software Technologies Ltd.
• Cisco Systems Inc.
• CyberArk Software Ltd.
• Darktrace Holdings Ltd.
• Forcepoint LLC
• Forescout Technologies Inc.
• Fortinet Inc.
• Fortra LLC
• Microsoft Corp.
• Nozomi Networks Inc.
• Okta Inc.
• Palo Alto Networks Inc.
• Radiflow
• Sophos Ltd.
• Tenable Holdings Inc.
• Zscaler Inc.

For more information about this report visit https://www.researchandmarkets.com/r/66fwam

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-operational-technology-security-market-to-grow-by-17-7-billion-by-2027--driven-by-increasing-dependence-on-the-internet-301883848.html

SOURCE Research and Markets