Albany, NY -- (SBWIRE) -- 09/07/2016 -- About Smart Grid Cyber Security

Smart grid cyber security involves protection against serious cyber threats that affect the users of smart grid technology globally. Security of the smart grid network has been an area of concern for the power utility sector, given the frequent exchange of sensitive information that takes place via communication networks such as the internet, intranets, corporate networks, and extranets. The power utility sector needs various controlling techniques to moderate the adverse effects of unauthorized access of smart grid data. For instance, hackers could assume control of smart grid applications and servers and access confidential information. Hence, the smart grids require security measures that not only administer these systems and equipment efficiently but also ensure a secure exchange of information between these systems.

Technavios analysts forecast the global smart grid cyber security market to grow at a CAGR of 9.79% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global smart grid cyber security market for 2016-2020. To calculate the market size, the report considers the revenue generated from the demand generated by different end users in any region in the smart grid cyber security market.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, Global Smart Grid Cyber Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
BAE Systems
IBM
IOActive
Lockheed Martin

Other prominent vendors
AlertEnterprise
AlienVault
Black and Veatch
Cisco
McAfee-Intel
Elster
Entergy Services
HP
N-Dimension Solutions
Siemens
Sophos
Sourcefire
Symantec
ViaSat

Market driver
High cost implications of security breaches
For a full, detailed list, view our report

Market challenge
Lack of effective defensive measures
For a full, detailed list, view our report

Market trend
Increasing grid modernization
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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