Smart Grid Security Information and Analysis with Forecast Growth - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
"Smart
Grid Security Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Global
Smart Grid Security Market: Overview
The outcome of installation of smart grid security
systems is data collection and use for perfect modeling of networks
especially at LV (low voltage) level. Increasing installation of
smart grid systems due to more active distribution, exploiting active
and reactive control capabilities of distributed energy resources.
This factor is acting as a driver of this market and is expected a
significant growth during the forecast period.
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Smart
grid security is a very advanced energy distribution solution for
their target consumers. It has the highest adoption rate in North
America. In Europe, smart grid security is popular in the U.K.,
Germany and France among others. Japan holds the largest market for
smart grid security in the Asia Pacific followed by China. There are
opportunities in developing nations such as India and Africa. North
America is the largest market for smart grid security at present.
Asia Pacific is currently the fastest-growing market and is expected
to become the largest market during the forecast period.
The market of smart grid security is segmented
into three categories: by deployment, by security type and by
application. In terms of deployment the market of smart grid security
is segmented by cloud and on-premises. By security type the market of
smart grid is segmented by database security, network security,
application security and endpoint security. In terms of
application the market of smart grid security is segmented by smart
meters, smart application, renewable energy resources and energy
efficient resources.
Global Smart Grid Security Market: Drivers
and Restraints
Additionally, technological developments are a
major driver of the smart grid security market. The infrastructure is
gradually shifting toward digitalization of grid systems, especially
for commercial usage, which is anticipated to propel the market for
smart grid security over the forecast period globally. This drives
the global smart grid security market positivelyand is anticipated a
robust growth during the forecast period. However, consumer’s lack
of awareness about power supply is resulting in a declining growth
rate of smart grid security industry. Therefore, before executing the
smart grid concepts, the consumers need to be aware about this
systems and its contribution towards low carbon economy and its
benefits.
Moreover, the developing nations such as India,
Brazil and others are slow in adopting the smart grid security
systems. Therefore there is medium impact of this restraint and is
expected to decrease during the forecast period. Additionally the
idea of a smart grid security rises up out of the combination of the
power frameworks perspective of the power grid with its comparing
data systems view. The consolidated view that uses the data system to
upgrade the working of the power matrix is for the most part what is
known as the smart grid security.
Global Smart Grid Security Market:
Segmentation
In terms of security type the market is segmented
by database security, network security, application security and
endpoint security Database security refers to the aggregate measures
used to ensure and secure a database or database administration
programming from ill-conceived use and malicious dangers and attacks.
It is an expansive term that incorporates a large number of
procedures, devices, and techniques that guarantee security inside a
database situation. In addition, Network security comprises of the
approaches and practices received to monitor and prevent unauthorized
access, modification, misuse or denial of a network accessible
resources and computer network.
Global Smart Grid Security Market:
Competitive Analysis
The global market of smart grid security report
provides company market share analysis of the various key
participants. Key players have also been profiled on the basis of
company overview. Global key participants of the smart grid security
market include Intel Corporation (California, U.S.), Siemens AG
(Munich, Germany), Symantec Corporation (California, U.S.), IBM
Corporation (New York, U.S.), Cisco Systems, Inc (California, U.S.),
Leidos Holdings, Inc. (Virginia, U.S.), Honeywell International Inc.
(New Jersey, U.S.), BAE Systems Plc (Farnborough, United Kingdom),
N-Dimension Solutions Inc. (Ontario, Canada) and AlertEnterprise Inc.
(California, U.S.) among othersGlobal Smart Grid Security market can
be segmented as follows;-
Global Smart Grid Security Market, by
Deployment
- Cloud
- On-Premises
Global Smart Grid Security Market, by
Security Type
- Database Security
- Network Security
- Application Security
- Endpoint Security
Global Smart Grid Security Market, by
Application
- Smart Meters
- Smart Application
- Renewable Energy Resources
- Energy Efficient Resources
Global Smart Grid Security Market, by
Geography: The market is broadly segmented on the basis
of geography into:
- North America
- U.S.
- Rest of North America
- Europe
- U.K
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- Middle East and Africa
- Israle
- Rest of Middle East & Africa
- Latin America
- Brazil
- Rest of Latin America
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