Smart Grid Security Market will project a CAGR of 15.70% during the forecast up to 2029.
- Smart grid technology is the unification of the traditional power grid with the information technology system which include cloud computing systems, some of the connected utilities, IoT, smart utilized, and many others. Their unification had led to certain benefits which include improved availability and distribution of power across several areas. It helps for the achievement of clean distribution of power, makes it efficient and more economical.
- Data Bridge Market Research analyses that the smart grid security market value, which was USD 43.10 billion in 2021, is expected to reach the value of USD 138.40 billion by 2029, at a CAGR of 15.70% during the forecast period 2022-2029. The smart grid security market report also covers pricing analysis, patent analysis, and technological advancements in depth.
Market Definition
- A smart grid is a massive complex network consisting of millions of connected devices and units, and this integration leads to the empowerment of providers and consumers of electrical utilities. It also improves performance and power system availability while constantly controlling, regulating, and handling customer demands.
- The large scale Smart Grid Security Market report is a perfect source to acquire thorough synopsis on the market study, analysis, estimation and the factors influencing the Smart Grid Security Market industry. The report also presents with the statistics on the existing state of the industry. And thus proves to be an important source of guidance and direction for companies and investors that are interested in this market. It becomes easy to achieve supreme level of market insights and obtain knowhow of the best market opportunities into the specific markets with this market report. Moreover, Smart Grid Security Market report also explains a widespread evaluation of the market’s growth prospects and restrictions.
- Global Smart Grid Security Market report has been prepared by keeping in mind the customer requirements which assist them in increasing their return on investment (ROI). Furthermore, it endows with historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This market research report encompasses a far-reaching research on the current conditions of the Smart Grid Security Market industry, potential of the market in the present and the future prospects. The persuasive Smart Grid Security Market report also covers very important aspect which is competitive intelligence and with this businesses can gain competitive advantage to thrive in the market.
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Smart Grid Security Market Segmentation
The smart grid security market is segmented on the basis of solution, service, deployment mode, subsystem, security type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Solution
- Firewall
- Identity and Access Management (IAM)
- Antivirus/Antimalware, Encryption
- Security and Vulnerability Management (SVM)
- Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
- Distributed Denial of Service (DDOS)
- Others
Service
- Professional
- Managed Services
Deployment Mode
- On-Premises
- Cloud
Subsystem
- Supervisory Control and Data Acquisition/Industrial Control System (SCADA/ICS
- Advanced Metering Infrastructure (AMI)
- Demand Response
- Home Energy Management
Security Type
- Endpoint Security
- Network Security
- Application Security
- Database Security
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The major players covered in the Smart Grid Security Market
- BAE Systems. (UK)
- Cisco Systems, Inc.(US)
- Lockheed Martin Corporation.(US)
- IBM (US)
- Black Veatch Holding Company.(US)
- IOActive Inc. (US)
- Entergy Corporation, (US)
- ALIENVAULT, INC.(US)
- AlertEnterpise, Inc.(US)
- McAfee, LLC (US)
- HP INDIA SALES PRIVATE LIMITED (US)
- (Ireland)
- VeriSign, Inc.(US)
- (US)
TOC of the report
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
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