Underwater Security (Systems and Services) Industrial and Market studies - Global Industry Analysis, Industrial and Market studies size, Share, Growth, Trends and Forecast 2016 - 2020
"Underwater
Security (Systems and Services) Market - Global Industry Analysis,
Market size, Share, Growth, Trends and Forecast 2014 - 2020"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
Global
energy demand is expected to rise by as much as 50 percent over the
next 25 years. This combined with depletion of existing fossil fuel
reserves will mean extensive exploration and production activities by
the offshore oil and gas industry in the years to come. 75 percent of
this increased requirement is expected to come from the developing
world. Security provides industries the freedom to find, develop and
manage assets and to deliver services and supplies without
interference. Being secure is a result of having the correct strategy
through innovative technology, supported by rigorous systems
management. Even a simple standalone offshore well site’s risk
assessment must consider type of fluids produced, well pressure,
directional configuration, measured depth and vertical depth, water
access, location, sub-surface safety valve, well maturity and
reserves, damage containment, and possible collateral damage. There
is a growing trend towards the use of remote control centers. These
require continuous monitoring, with the concept of the digital field
wholly dependent on guaranteed secure communications. Solution
providers are expected to provide innovative cyber solutions at
competitive prices by unifying the portfolios against bundled
attacks.
Some
of the major forces driving this market are the rapid adoption of
cloud-based services, wireless communication along with strict
government mandates and increasing cyber crime threats across all
industries. Hence, the implementation of cyber security solutions is
increasing to combat the advanced and sophisticated threats created
by professional adversaries. Also, cloud service providers and
verticals such as aerospace and defense, energy, banking, financial
services and insurance (BFSI), and utilities have adopted solutions
for cyber security more readily because of growing cyber crimes which
may cause the loss of intellectual and financial assets and may
tarnish the national infrastructure and economy. On the other hand,
establishing and maintaining such a wide network requires constant
diligence as well as time, effort and investment which can be
cumbersome and can divert the market from its core competencies,
which is provision of products and services. However, since these
measures are imperative in such volatile times, no leniency can be
shown, which acts as a positive catalyst for the market.
The underwater security market can be segmented based on the solution
provided viz. security analytics; and by services: consulting, system
design and integration, risk and threat assessment, managed security
services, and training and education. End users in this industry are
corporations and Small and Medium Enterprises (SME) mainly based in
industries such as aerospace and defense, agriculture, BFSI,
education, energy and utilities, government, healthcare and life
science, information technology, manufacturing, telecommunication and
logistics.
Geographically, the demand market for underwater security solutions
is concentrated in areas that account for the most production and
supply of products and services as well as the level of threat
experienced. Major demand is being seen from the Middle Eastern and
African oil producing countries along with many others, such as
Malaysia, China and Australia in the Asia Pacific region. Increase in
cyber systems integration is also being seen in the Gulf of Mexico
and West Africa. European regions have tightened security mostly at
their North Sea pipelines as well as drilling positions. The demand
from U.S. and Canada has experienced a steady rise owing to their
extensive civil and defense installations offshore, mostly oil wells
and telecommunication equipment.
Some of the market players involved in the underwater security
(systems and services) market are Cisco Systems, Inc., Computer
Sciences Corporation, International Business Machines (IBM)
Corporation, Booz Allen Hamilton Inc., Lockheed Martin Corporation
and Thales Group.
This research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons for Buying this
Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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