{"id":105757,"date":"2021-02-24T07:58:00","date_gmt":"2021-02-24T07:58:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2835219"},"modified":"2021-02-24T07:58:00","modified_gmt":"2021-02-24T07:58:00","slug":"smart-grid-security-market-report-2021-size-share-analysis-of-key-players-trends-forecast-2026","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/02\/24\/smart-grid-security-market-report-2021-size-share-analysis-of-key-players-trends-forecast-2026\/","title":{"rendered":"Smart Grid Security Market Report 2021 Size, Share, Analysis of Key players, Trends & Forecast 2026"},"content":{"rendered":"

iCrowdNewswire <\/strong>  Feb 24, 2021  2:58 AM ET<\/span><\/p>\n

According to IMARC Group\u2019s latest report, titled \u201cSmart Grid Security Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,\u201d the global smart grid security<\/a><\/strong><\/span> market to exhibit strong growth during the next five years.<\/p>\n

Smart grid security includes various solutions and services used to secure smart power grids, communications, and information technology (IT) systems. They ensure cost-effective, efficient and clean distribution of energy throughout the grid. Smart grid security consists of advanced components and control methods, with integrated communication systems and enhanced interfaces for measurement and sensing. It uses several technological solutions, such as antimalware, firewalls, antivirus, identity and access management (IAM), encryption and data loss prevention (DLP) systems. Various subsystems, including Industrial Control System (ICS), home energy management systems and advanced metering infrastructure, also help in ensuring efficient smart grid security.<\/p>\n

Get a PDF Sample for more detailed market insights:<\/strong> https:\/\/www.imarcgroup.com\/smart-grid-security-market\/requestsample<\/a><\/p>\n

Market Trends<\/strong><\/p>\n

The rising global consumption of electricity, along with the growing prevalence of cyberattacks, has increased the employment of smart grid security systems to secure communications across smart grids. Furthermore, the growing adoption of the web- and cloud-based applications across various industrial verticals is also augmenting the market growth. The demand is further propelled by implementing these security solutions with connected devices to protect data and safeguard the home area network (HAN). Moreover, the integration of Supervisory Control and Data Acquisition (SCADA) systems with the Internet of Things (IoT) is projected to further drive the smart grid security market in the coming years.<\/p>\n

Smart Grid Security Market 2021-2026 Analysis and Segmentation:<\/strong><\/p>\n

Competitive Landscape:<\/strong><\/p>\n

The report has also analysed the competitive landscape of the market with some of the key players being AlertEnterprise Inc., BAE Systems, Broadcom Inc., Cisco Systems Inc., Honeywell International Inc., International Business Machines Corporation, Leidos, Lockheed Martin Corporation, N-Dimension Solutions Inc. (IPKeys Power Partners LLC), Siemens Aktiengesellschaft, Sophos Ltd. (Thoma Bravo LLC), etc.<\/p>\n

Breakup by Component:<\/strong><\/p>\n