Cybersecurity in Power – Thematic Research
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Cybersecurity in Power Sector Report Overview
Digitization is set to continue in the future as technologies such as augmented reality (AR), artificial intelligence (AI), drones, and others increase in their utility through technological advancements, their adoption will increase, making systems vulnerable to cyber-attacks. The benefits of digitalization in power sector are wide-ranging, at the same time threats to cybersecurity for power utilities proliferate. As assets and processes are becoming more digitally integrated, ensuring resolute cybersecurity of industrial control system is equally important. Several power companies across the world have reported various cases of attempted intrusions by cybercriminals.
The power sector is among the most critical infrastructure worldwide. It is crucial for power suppliers to ensure that every stage of its supply chain is secured, and effective cybersecurity regulations are put in place to safeguard powerplants from cyberattacks. Any breach to powerplant cybersecurity can cost the company and communities dearly. For instance, the Colonial Pipeline ransomware attack in the United States, carried out by DarkSide, which was immensely costly to both consumers and the Colonial Pipeline Company.
The Cybersecurity in Power Thematic Intelligence report assesses the importance of cybersecurity for power utilities, combined with the challenges they face, and the cybersecurity value chain. It provides an overview of the current landscape, including patent and hiring trends, as well as key players, while also highlighting a power sector scorecard which predicts top companies in the future.
Report Pages | 59 |
Regions Covered | Global |
Value Chains | Hardware, Software and Services. |
Leading cybersecurity adopters in power | Enel SpA, Engie SA, Iberdrola, and Siemens |
Leading cybersecurity vendors | Accenture, Alphabet, Cisco, Cloudflare, Dell Technologies, and Microsoft |
Leading cybersecurity vendors in power | Bitdefender, Claroty and Nozomi Networks |
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Cybersecurity in Power – Industry Analysis
In the cybersecurity sector, the strongest growth will be in software, which registered a revenue of $2.5 billion in 2019.
The cybersecurity in the packaging market analysis also covers:
- Mergers and acquisitions
- Patent trends
- Hiring trends
- Cybersecurity timeline
Mergers and Acquisitions: The last few years, since the start of the COVID pandemic in early 2020, have seen many mergers and acquisitions (M&A) spurred by the widespread move to remote work. Towards the end of 2021, the number of M&A deals involving cybersecurity companies reached almost 40 a month. Moreover, with increasing numbers of ransomware and supply chain attacks, there is every possibility that the number of cybersecurity M&A deals will continue to rise.
For more insights on the cybersecurity value chain in power theme, buy the full report or download a free report sample
Cybersecurity in Power Theme - Value Chain Analysis
GlobalData’s cybersecurity value chain is split into three segments: hardware, software and services.
Cybersecurity Hardware: Chip-based security is a key part of the cybersecurity landscape due to growing risks of cyberattacks. Systems vendors such as Apple and Amazon are increasingly designing their own chips rather than buying commercially developed devices and intellectual property (IP) created by third-party developers. Additionally, with IoT devices being increasingly deployed, attention to the vulnerabilities of digital integrated circuit (IC) chips are increased manifolds, persuading companies and governments alike to take strategic decisions to introduce a new design tool and IP ecosystem.
Cybersecurity Value Chains in Power Industry
For more insights on the cybersecurity value chains in power market, buy the full report or download a free report sample
Power Challenges
The key challenges faced by power sector are rising digitization, COVID-19 pandemic, geopolitical tensions, energy transition and ESG.
Cybersecurity in Power Theme – Competitive Landscape
Leading Cybersecurity Adopters in the Power Market: Some of the leading cybersecurity adopters making their mark include Enel SpA, Engie SA, Iberdrola, and Siemens
Leading Cybersecurity Vendors: Some of the leading cybersecurity vendors making their mark include Accenture, Alphabet, Cisco, Cloudflare, Dell Technologies, and Microsoft
Leading Cybersecurity Vendors in the Power Market: Some of the leading specialists making their mark within the power industry include Bitdefender, Claroty, and Nozomi Networks
To know more about leading companies associated with cybersecurity in the power industry, buy the full report or download a free report sample
Leading Cybersecurity Adopters in the Power Market
Some of the leading cybersecurity adopters making their mark include:
- Enel SpA
- Engie SA
- Iberdrola
- Siemens
Leading Cybersecurity Vendors
Some of the leading cybersecurity vendors making their mark include:
- Accenture
- Alphabet
- Cisco
- Cloudflare
- Dell Technologies
- Microsoft
Leading Cybersecurity Vendors in the Power Market
Some of the leading specialists making their mark within the power industry include:
- Bitdefender
- Claroty
- Nozomi Networks
To know more about leading companies associated with cybersecurity in the power industry, download a free report sample
Scope
This report focuses on cybersecurity in power.
- It identifies the key challenges facing the power sector and how cybersecurity can help overcome these challenges. It contains details of M&A deals driven by the cybersecurity theme, and a timeline highlighting milestones in the development of cybersecurity.
- In addition, the report discusses possible cybersecurity applications in the power industry as well as the benefits to utilities.
- The report also provides an overview of the competitive positions held by leading technology vendors in general and in particular to power sector, moreover it includes major adoptors of cybersecurity in the power sector. It also covers primary and secondary research case studies on how cybersecurity is being adopted in the power sector
Reasons to Buy
The report provides:
- A comprehensive analysis of the present scenario and emerging market trends in power sector and how cybersecurity can help overcome challenges.
- Insights of the leading players in cybersecurity theme and where do they fit in the value chain.
- Extensive analysis of the cybersecurity industry, cybersecurity disruption in power sector, key mergers and acquisitions and significant milestones in the journey of cybersecurity.
- Profiles of major market players within the cybersecurity industry and leading adopters of cybersecurity in power sector, which aid in interpreting the competitive outlook of this theme. It helps utilities to identify possible blind spots resulting from technology disruptions and market linkages in order to fully comprehend the risks and possibilities affecting their industry.
Librestream
Kognitiv Spark
PIXO
RE’FLEKT
VRMADA
Arvizio
HeadApp
Enel
Iberdrola
EDF Energy
Fortum
General Electric
Siemens
Table of Contents
Frequently asked questions
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What are the key components of cybersecurity value chain in the power industry?
GlobalData’s cybersecurity value chain is split into three segments: hardware, software and services.
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Which are the leading cybersecurity adopters in the power theme?
Some of the leading cybersecurity adopters in the power sector are Enel SpA, Engie SA, Iberdrola, and Siemens.
-
Which are the leading cybersecurity vendors in the power industry?
Some of the leading cybersecurity vendors are Accenture, Alphabet, Cisco, Cloudflare, Dell Technologies, and Microsoft among others.
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Which are the leading cybersecurity vendors in the power market?
Some of the cybersecurity vendors making their mark within power industry are Bitdefender, Claroty and Nozomi Networks among others.
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