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Technology Security MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Technology Security Market.

The growth sectors of the Technology Security Market are identified with precision for a better growth perspective.According to MRFR analysis, the global OT security market was valued at USD 200.0 million in 2018 and is expected to register a CAGR of 42.2% during the forecast period to reach USD 3,531.0 million by 2025.

The propelling factors that contribute to the market growth include the integration of IT and OT systems, surge in the risk of cyber threats on critical infrastructure, and increasing dependence on legacy systems.The global OT security market has been segmented based on component, deployment mode, industry, and region.By component, the global OT security market has been bifurcated into solutions and services.

The solution segment accounted for the larger market share in 2018 owing to dependence on legacy systems which are vulnerable to cyber attacks.

Also, the services segment has been sub-divided into professional services and managed services.

The professional services segment has been categorized into consulting services, deployment and implementation services, and other support services.

The technology we once used to fantasize about and that used to star in sci-fi movies is our reality now.

Using a smart security lock you can now provide remote access, regardless of your whereabouts, you can regulate the heater in your home through your smartphone regardless of wherever you are sitting, and if you want to listen to music, you just have to say the word and it starts to blare in every corner of your homeInternet of Things (IoT) is becoming Ubiquitous Internet of Things (IoT) has been welcomed with warm open hands by individuals and enterprises alike since high-speed internet has become accessible and affordable to everyone, courtesy of providers like AT Internet Service.

Internet of Things (IoT) is vulnerable to attack Your smartphone usually manages all smart appliances in your house, including your security locks and camera.

And it’s especially likely as IoT devices are managed by a central hub, and if that’s compromised, all other devices are compromised.IoT is a centralized system, in which one focal point enables the connection and interaction of other devices.

Each of these devices can be a potential portal of a security breach.

Biometric verification is one such security measure that can solve most security issues in the IoT system.

OverviewThe operational technology security market is anticipated to grow by US$24,092.7 Million by 2026 rapidly growing at a CAGR of 8.2% during the forecast period.

The global operational technology security market is driven by increasing cyber security threats and the rise of OT ecosystems.

These factors have helped shape the Operational Technology Security Market and are expected to boost the growth.

Companies in the operational technology security market could also face challenges such as complexity of the OT security solutions.

The global market for operational technology security is also covered based on the component segment which is further split into solution (OT endpoint security, OT network segmentation, anomaly detection, incident response and reporting and others] and services (managed and professional (consulting services, deployment & implementation services and others)).Factors like convergence of IT systems and increasing cyber attacks around the world support the operational technology security market growth.

The performance of the Operational Technology Security Industry  has also been studied for the past and current years.

September 05, 2018: This report focuses on the global Transportation Security Technology status, future forecast, growth opportunity, key market and key players.

The study objectives are to present the Transportation Security Technology development in United States, Europe and China.In 2017, the global Transportation Security Technology market size was  million US$ and it is expected to reach  million US$ by the end of 2025, with a CAGR of  during 2018-2025.The key players covered in this studyShenzhen Security Electronic Equipment Co. Ltd.Mil-Spec Industries Corp.Sierra Monitor Corp.Kejo Limited Co.Modular Connections LLCDownload sample Copy of This Report at: https://www.radiantinsights.com/research/global-transportation-security-technology-market-size-status-and-forecast-2018-2025/request-sample Market segment by Type, the product can be split intoExplosive Detection System (EDS)Explosive Trace Detection (ETD)Bottled liquids Scanner (BLS)BiometricsMarket segment by Application, split intoVideo SurveillanceBiological & ChemicalNuclear & Radiological DetectionPerimeter Intrusion Detection and Access ControlComplete Report Available @ https://www.radiantinsights.com/research/global-transportation-security-technology-market-size-status-and-forecast-2018-2025 Market segment by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaThe study objectives of this report are:To analyze global Transportation Security Technology status, future forecast, growth opportunity, key market and key players.To present the Transportation Security Technology development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.In this study, the years considered to estimate the market size of Transportation Security Technology are as follows:History Year: 2013-2017Base Year: 2017Estimated Year: 2018Forecast Year 2018 to 2025For the data information by region, company, type and application, 2017 is considered as the base year.

Whenever data information was unavailable for the base year, the prior year has been considered.About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.

We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.

We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets.

In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.For More Information, Visit Radiant Insights Contact: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: [email protected]     Blog URL: http://ictmarketforecasts.wordpress.com

Technology Security MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Technology Security Market.

MRFR insights suggest that the global operational technology security market is expected to thrive at a lucrative 42.2% across the forecast span of 2018 to 2025.The growth of the operational technology security market can be attributed to increase cases of data breach, surge in cyber threats, convergence of IT and OT ecosystems, and increase in dependence on legacy systems.

The growing rate of adoption of the industrial Internet of Things (IIoT) solutions by enterprises can contribute to the expansion of the operational technology security market across the forecast period.

The surge in the adoption of OT security solutions by enterprises can prompt the expansion of the market.

On the contrary, mounting complexities of systems and lack of expertise can restrict the expansion of the OT security market in the years of assessment.Segmental AnalysisThe global market of OT security market is segmented by deployment mode, industry, and component.By component, the market is segmented into services and solutions.

The services segment is sub-segmented into managed services and professional services.