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Showing posts with the label Smart Grid Security Market

Smart Grid Security Market to become worth US$10.58 bn by 2025 from US$4.35 bn in 2016

The growth in the global smart grid security market is correlated to the growth in population and the swift pace of urbanization in developing economies. This is because, hard-pressed to serve the ever growing energy needs of the urban population, energy resources companies are increasingly turning to smart meters and smart appliances by leveraging Internet of Things (IoT) and cloud. This also makes smart grids highly vulnerable to various cyber-attacks, thus spawning a security market which is meant to bulwark them. Posing a major challenge to the global smart grid security market , on the other hand, is the long investment cycles in the energy sector that makes technology assessment difficult and leads to a time lag between implemented and up-to-date solutions. Currently, the global smart grid security market is fragmented on account of the presence of numerous diversified local, regional, and international vendors who offer various services to the power utilities.  In ...

Smart Grid Security Market to become worth US$10.58 bn by 2025 from US$4.35 bn in 2016.

The analysts of a fresh business and commerce study by Transparency Market Research have detected a fragmented competitive landscape in the global smart grid security market , attributing the scenario to the presence of a large number of players who are catering to regional and domestic demands. Regional players have a stronger presence in the developed countries across the world. That being said, a few international players do hold a position of strength over some of the domestic players, such as Siemens AG, Intel Corporation, Symantec Corporation, Cisco Systems, Inc, IBM Corporation, Leidos Holdings, Inc., BAE Systems Plc., Honeywell International Inc., N-Dimension Solutions Inc., and AlertEnterprise Inc. For most of key players, the primary strategy is to provide customized IT security services to their customers in a bid to stay ahead of the curve. Smart Grid Security Market to be worth US$10.58 bn by 2025 As per the evaluations of the TMR report, the worldwide smart grid...

Smart Grid Security Market: Technological Progress in Energy and Power Industry to Stoke Maximum Growth in Asia Pacific

The analysts of a fresh business and commerce study by Transparency Market Research have detected a fragmented competitive landscape in the global smart grid security market, attributing the scenario to the presence of a large number of players who are catering to regional and domestic demands. Regional players have a stronger presence in the developed countries across the world. That being said, a few international players do hold a position of strength over some of the domestic players, such as Siemens AG, Intel Corporation, Symantec Corporation, Cisco Systems, Inc, IBM Corporation, Leidos Holdings, Inc., BAE Systems Plc., Honeywell International Inc., N-Dimension Solutions Inc., and AlertEnterprise Inc. For most of key players, the primary strategy is to provide customized IT security services to their customers in a bid to stay ahead of the curve. Smart Grid Security Market to be worth US$10.58 bn by 2025 As per the evaluations of the TMR report, the worldwide smart grid ...

Smart Grid Security Market: Increased Sophistication of Cyber-attacks Driving Demand

The analysts of a fresh business and commerce study by Transparency Market Research have detected a fragmented competitive landscape in the global smart grid security market , attributing the scenario to the presence of a large number of players who are catering to regional and domestic demands. Regional players have a stronger presence in the developed countries across the world. That being said, a few international players do hold a position of strength over some of the domestic players, such as Siemens AG, Intel Corporation, Symantec Corporation, Cisco Systems, Inc, IBM Corporation, Leidos Holdings, Inc., BAE Systems Plc., Honeywell International Inc., N-Dimension Solutions Inc., and AlertEnterprise Inc. For most of key players, the primary strategy is to provide customized IT security services to their customers in a bid to stay ahead of the curve. Smart Grid Security Market to be worth US$10.58 bn by 2025 As per the evaluations of the TMR report, the worldwide smart grid...