Cyber security and physical security companies anticipated to benefit from renewed investment in utilities infrastructure

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LONDON, UK. 4th March 2014: New analysis of the utilities infrastructure security market by business intelligence provider visiongain has highlighted that the developed world is likely to see an upsurge in cybersecurity expenditure within the next decade, as both companies and governments alike continue to make significant steps to secure their critical infrastructure. North America and Europe in particular will present significant opportunities for growth, as companies in those areas look to ensure that their operational technologies and endpoint systems are not vulnerable to malicious interference and national authorities continue to develop response architecture and security agreements to counter cyber threats. Elsewhere, the focus is likely to remain on the physical aspects of the utilities security market, particularly in growing economies that are investing heavily in all kinds of infrastructure, not just service-related. To this end China will make up a large proportion of growth for the surveillance systems, anti-trespass devices, physical barriers, and access control solutions that are essential for securing its growing number of nuclear power stations, hydroelectric dams, and wind farms. Accordingly, the utilities infrastructure security market is one which is considered to be entering a period of relative prosperity, with a global value of approximately $8.4bn expected in 2014, despite a likely relative decline in several regions towards 2024, following a period of strong investment.

A detailed analysis of the latest political, economic and technological trends lies at the heart of Visiongain's unparalleled quantitative and qualitative analysis of the utilities infrastructure security market, as presented in its new report, Utilities Infrastructure Security Market Forecast 2014-2024 Top Companies Providing Surveillance, Perimeter Defence, Operational Technologies & Endpoint Cyber Security.

This 304 page report provides a thorough quantitative and qualitative analysis of the global utilities infrastructure security market, 2 submarkets, the largest 15 national markets (including 2 submarkets within each national market  ), and 5 regions. The report contains 250 tables and charts, mentions 441 companies and other organisations mentioned and details 97 contracts detailing major ongoing programmes. Visiongain's analysis also profiles the leading 12 companies in the utilities infrastructure security market with analysis of their market prospects.

The report's findings are reinforced by exclusive expert interviews with POLUS-ST LLC, Industrial Defender, Inc., Waterfall Security Solutions Ltd. and NICE Systems Ltd., four of the leading companies in the utilities infrastructure security market. The report also includes a detailed qualitative strengths, weaknesses, opportunities and threats (SWOT) analysis of the utilities infrastructure security market underpinning the forecasts for the period 2014-2024.

Utilities Infrastructure Security Market Forecast 2014-2024 Top Companies Providing Surveillance, Perimeter Defence, Operational Technologies & Endpoint Cyber Security provides an unrivalled level of detail in its analysis of market trends and commercial prospects.

The visiongain analyst responsible for the utilities infrastructure security market research summarised their findings: "Our research has shown that utilities infrastructure is one homeland security sector that is likely to benefit strongly from the amount of attention that continues to be directed towards utilities in North America and Europe. In the former in particular, everything from power stations to telecommunications networks are beginning to be viewed as strategic assets, earning the designation of 'critical national infrastructure'. This has led to an environment where utilities operators are increasingly becoming subject to compliance regulations, encouraging them to upgrade or overhaul their existing security architecture, particularly the cyber defences of SCADA and industrial control systems. Given the rapidly evolving nature of the cyber threats aligned against utilities, and the increase in the number of threat actors that governments and utility authorities are facing, the underlying importance of these regulations is unlikely to diminish, at least in the short term. In addition, market forces will also induce growth in this area, as already insurers in the UK and elsewhere are beginning to refuse coverage to those utilities that are deemed to possess insufficient protection and this is reinforcing the evidence from other operators that increased security has in fact saved them money due to the parallel increases in product efficiency.

On the other side of the spectrum providers of physical security solutions are expected to accomplish good results in the regions of Africa, South America and the Asia-Pacific, thanks to the strong infrastructure investment that is taking place in countries such as Nigeria, South Africa, Brazil, and of course, China. The latter in particular is especially important, as no other country in the region, let alone the top 15 national markets, is developing as much energy capabilities presently. Accordingly, although all of these areas are certainly subject to high barriers to entry and stiff domestic competition, the level of end users is only likely to increase as time goes on, and it is this high level of development the world over, in both submarkets, that will allow the utilities infrastructure market to go from strength to strength in most regions until at least 2022."

Utilities Infrastructure Security Market Forecast 2014-2024 Top Companies Providing Surveillance, Perimeter Defence, Operational Technologies & Endpoint Cyber Security is an invaluable reference offering extensive market analysis and evaluation of future commercial prospects.

For further information about visiongain's report Utilities Infrastructure Security Market Forecast 2014-2024 Top Companies Providing Surveillance, Perimeter Defence, Operational Technologies & Endpoint Cyber Security please visit http://www.visiongain.com/Report/1216/Utilities-Infrastructure-Security-Market-Forecast-2014-2024

Contact:Sara Peerun on sara.peerun@visiongainglobal.com

Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.