| Market Overview
The global Industrial Cybersecurity Market was valued at USD 19.00 Billion in 2024 and is projected to reach USD 32.76 Billion by 2033, growing at a CAGR of 6.24% during 2025-2033. Growth is driven by rising threats targeting critical infrastructures, broader cloud and IIoT adoption, and advanced AI and machine learning integration across cybersecurity solutions. Study Assumption Years
• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033 Industrial Cybersecurity Market Key Takeaways
• Current Market Size: USD 19.00 Billion (2024)
• CAGR: 6.24% (2025-2033)
• Forecast Period: 2025-2033
• North America leads with 42.0% market share in 2024
• Critical sectors such as energy, manufacturing, and transportation face rising cyberattacks
• Regulatory frameworks including NIST Cybersecurity Framework and NERC CIP fuel solution adoption
• Rapid IIoT deployment increases network vulnerabilities
• AI, ML, and blockchain technologies enhance detection, prevention, and response Request for sample copy of this report: https://www.imarcgroup.com/industrial-cybersecurity-market/requestsample Market Growth Factors
• Rising Cyberattacks on Critical Infrastructures:
Cyberattacks targeting power grids, water plants, transportation networks, and healthcare facilities are increasing sharply. Over 8.2 billion data breach records were reported in 2023. Malware, ransomware, sabotage, and data breaches drive industries to adopt robust cybersecurity systems for operational technologies and interconnected networks. - Adoption of Industrial IoT and Cloud-Based Solutions:
The rapid expansion of IIoT devices broadens attack surfaces across industrial ecosystems. Cloud-based platforms offering scalability, real-time processing, and stronger disaster recovery capabilities push organizations toward advanced cybersecurity frameworks. Both IIoT and cloud deployments necessitate stronger defense mechanisms to ensure operational continuity. - Integration of AI, Machine Learning, and Blockchain:
AI and ML enhance the ability to detect anomalies and automate defense responses, with nearly 70% of cybersecurity professionals confirming improved detection of previously unnoticed threats. Blockchain strengthens data integrity in industrial supply chains and critical processes, collectively advancing industrial cybersecurity performance.
Market Segmentation Analysis by Component:
• Product
• Solutions
• Services
• Product solutions dominate due to essential security tools including intrusion detection, access control, and firewalls protecting critical infrastructure. Analysis by Security Type:
• Network Security
• Cloud Application Security
• End-Point Security
• Internet Security
• Others
• Network Security holds the largest share at 27.8% in 2024, driven by rising reliance on connected industrial ecosystems. Analysis by Industry:
• Process (Oil and Gas, Chemical, Food and Beverages, Energy and Power, Others)
• Discrete (Automotive, Electronics, Heavy Manufacturing, Packaging, Others)
• Process industries rely on SCADA and control systems requiring strong protection due to operational importance and regulatory compliance. By Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa Regional Insights
North America leads with a 42.0% market share in 2024. The region experiences frequent cyberattacks targeting energy, manufacturing, transportation, and utilities. Regulatory mandates such as NIST and NERC CIP, high cybersecurity maturity, and rapid adoption of technological innovations strengthen market dominance. Recent Developments & News
• January 2025: Dragos Inc. partnered with Yokogawa Electric Corporation to enhance cybersecurity for process and manufacturing industries.
• January 2025: The European Commission introduced an EU action plan to bolster cybersecurity across hospitals and healthcare systems.
• March 2024: Microsoft launched Copilot for Security, a generative AI-based solution enhancing threat detection and team efficiency. Key Players
• ABB Ltd.
• AO Kaspersky Lab
• Check Point Software Technologies Ltd.
• Cisco Systems Inc.
• Dell Technologies Inc.
• Honeywell International Inc.
• International Business Machines Corporation
• OPSWAT Inc.
• Proofpoint Inc.
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens AG Request for Customization: https://www.imarcgroup.com/request?type=report&id=7910&flag=E If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization. About Us
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