The Europe Cyber Security In Energy Market would witness market growth of 10.1% CAGR during the forecast period (2022-2028).
The energy sector comprises tens of thousands of enterprises that produce coal, oil, nuclear power, natural gas, and renewable fuels, including geothermal, hydroelectric, solar, and wind energy. This industry is responsible for producing, storing, transferring, and distributing energy via a network of dams, pipelines, reservoirs, and power grids. The vulnerabilities of their IT systems, OT infrastructure, or supply chain partners pose a cyber threat to energy firms.
IT systems consist of the hardware, software, and technologies utilized to collect and process the data required to conduct the enterprise's business operations. OT infrastructure consists of the software, hardware, and technologies necessary for controlling physical equipment like pumps, valves, motors, and switches. Evaluating attacks and breaches in the energy industry demonstrates the need to secure the broad supply chain ecology of the energy sector. Threat actors can inject compromised components into a system or network at any stage of the system's life cycle.
Industry 4.0 was increasingly used in Europe's energy sector, resulting in enhanced production, delivery, and consumption. In addition, these new laws and government regulations try to mitigate the threat posed by climate change, fluctuating energy prices, and supply issues. The European energy sector's digitalization is central to all key commission initiatives. These initiatives sought to provide adequate cybersecurity for operators and end users. As a result of these reasons, it is anticipated that the market for cybersecurity in energy market will experience rapid expansion in the Europe region.
The Germany market dominated the Europe Cyber Security In Energy Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,043.1 million by 2028. The UK market is anticipated to grow at a CAGR of 9.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 10.9% during (2022 - 2028).
Based on End User, the market is segmented into Commercial, Industrial and Residential. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Solution and Service. Based on Solution Type, the market is segmented into Identity & Access Management, Infrastructure Security, Governance Risk & Compliance, Unified Vulnerability Management Service Offering, Data Security & Privacy Service Offering and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Cyber Security In Energy Market is Projected to reach USD 15.8 Billion by 2028, at a CAGR of 10.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, IBM Corporation, General Electric Company, Ansaldo Energia S.p.A., Baker Hughes Company, Hitachi, Ltd. (Hitachi Energy Ltd.), and Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.)
Scope of the Study
Market Segments Covered in the Report:
By End User
- Commercial
- Industrial
- Residential
By Organization Size
By Deployment Type
By Component
- Solution
- Identity & Access Management
- Infrastructure Security, Governance Risk & Compliance
- Unified Vulnerability Management Service Offering
- Data Security & Privacy Service Offering
- Others
- Service
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- IBM Corporation
- General Electric Company
- Ansaldo Energia S.p.A.
- Baker Hughes Company
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- Mitsubishi Heavy Industries Ltd. (Mitsubishi Power, Ltd.)
TABLE 1 Europe Cyber Security In Energy Market, 2018 - 2021, USD Million
TABLE 2 Europe Cyber Security In Energy Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cyber Security In Energy Market
TABLE 4 Product Launches And Product Expansions– Cyber Security In Energy Market
TABLE 5 Acquisition and Mergers– Cyber Security In Energy Market
TABLE 6 Geographical Expansions – Cyber Security In Energy Market
TABLE 7 Europe Cyber Security In Energy Market by End User, 2018 - 2021, USD Million
TABLE 8 Europe Cyber Security In Energy Market by End User, 2022 - 2028, USD Million
TABLE 9 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Residential Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Residential Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Cyber Security In Energy Market by Organization Size, 2018 - 2021, USD Million
TABLE 16 Europe Cyber Security In Energy Market by Organization Size, 2022 - 2028, USD Million
TABLE 17 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe SMEs Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe SMEs Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Cyber Security In Energy Market by Deployment Type, 2018 - 2021, USD Million
TABLE 22 Europe Cyber Security In Energy Market by Deployment Type, 2022 - 2028, USD Million
TABLE 23 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Cyber Security In Energy Market by Component, 2018 - 2021, USD Million
TABLE 28 Europe Cyber Security In Energy Market by Component, 2022 - 2028, USD Million
TABLE 29 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Cyber Security In Energy Market by Solution Type, 2018 - 2021, USD Million
TABLE 32 Europe Cyber Security In Energy Market by Solution Type, 2022 - 2028, USD Million
TABLE 33 Europe Identity & Access Management Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Identity & Access Management Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Infrastructure Security, Governance Risk & Compliance Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Infrastructure Security, Governance Risk & Compliance Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Unified Vulnerability Management Service Offering Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Unified Vulnerability Management Service Offering Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Data Security & Privacy Service Offering Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Data Security & Privacy Service Offering Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe Service Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Service Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Cyber Security In Energy Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Cyber Security In Energy Market by Country, 2022 - 2028, USD Million
TABLE 47 Germany Cyber Security In Energy Market, 2018 - 2021, USD Million
TABLE 48 Germany Cyber Security In Energy Market, 2022 - 2028, USD Million
TABLE 49 Germany Cyber Security In Energy Market by End User, 2018 - 2021, USD Million
TABLE 50 Germany Cyber Security In Energy Market by End User, 2022 - 2028, USD Million
TABLE 51 Germany Cyber Security In Energy Market by Organization Size, 2018 - 2021, USD Million
TABLE 52 Germany Cyber Security In Energy Market by Organization Size, 2022 - 2028, USD Million
TABLE 53 Germany Cyber Security In Energy Market by Deployment Type, 2018 - 2021, USD Million
TABLE 54 Germany Cyber Security In Energy Market by Deployment Type, 2022 - 2028, USD Million
TABLE 55 Germany Cyber Security In Energy Market by Component, 2018 - 2021, USD Million
TABLE 56 Germany Cyber Security In Energy Market by Component, 2022 - 2028, USD Million
TABLE 57 Germany Cyber Security In Energy Market by Solution Type, 2018 - 2021, USD Million
TABLE 58 Germany Cyber Security In Energy Market by Solution Type, 2022 - 2028, USD Million
TABLE 59 UK Cyber Security In Energy Market, 2018 - 2021, USD Million
TABLE 60 UK Cyber Security In Energy Market, 2022 - 2028, USD Million
TABLE 61 UK Cyber Security In Energy Market by End User, 2018 - 2021, USD Million
TABLE 62 UK Cyber Security In Energy Market by End User, 2022 - 2028, USD Million
TABLE 63 UK Cyber Security In Energy Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 UK Cyber Security In Energy Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 UK Cyber Security In Energy Market by Deployment Type, 2018 - 2021, USD Million
TABLE 66 UK Cyber Security In Energy Market by Deployment Type, 2022 - 2028, USD Million
TABLE 67 UK Cyber Security In Energy Market by Component, 2018 - 2021, USD Million
TABLE 68 UK Cyber Security In Energy Market by Component, 2022 - 2028, USD Million
TABLE 69 UK Cyber Security In Energy Market by Solution Type, 2018 - 2021, USD Million
TABLE 70 UK Cyber Security In Energy Market by Solution Type, 2022 - 2028, USD Million
TABLE 71 France Cyber Security In Energy Market, 2018 - 2021, USD Million
TABLE 72 France Cyber Security In Energy Market, 2022 - 2028, USD Million
TABLE 73 France Cyber Security In Energy Market by End User, 2018 - 2021, USD Million
TABLE 74 France Cyber Security In Energy Market by End User, 2022 - 2028, USD Million
TABLE 75 France Cyber Security In Energy Market by Organization Size, 2018 - 2021, USD Million
TABLE 76 France Cyber Security In Energy Market by Organization Size, 2022 - 2028, USD Million
TABLE 77 France Cyber Security In Energy Market by Deployment Type, 2018 - 2021, USD Million
TABLE 78 France Cyber Security In Energy Market by Deployment Type, 2022 - 2028, USD Million
TABLE 79 France Cyber Security In Energy Market by Component, 2018 - 2021, USD Million
TABLE 80 France Cyber Security In Energy Market by Component, 2022 - 2028, USD Million
TABLE 81 France Cyber Security In Energy Market by Solution Type, 2018 - 2021, USD Million
TABLE 82 France Cyber Security In Energy Market by Solution Type, 2022 - 2028, USD Million
TABLE 83 Russia Cyber Security In Energy Market, 2018 - 2021, USD Million
TABLE 84 Russia Cyber Security In Energy Market, 2022 - 2028, USD Million
TABLE 85 Russia Cyber Security In Energy Market by End User, 2018 - 2021, USD Million
TABLE 86 Russia Cyber Security In Energy Market by End User, 2022 - 2028, USD Million
TABLE 87 Russia Cyber Security In Energy Market by Organization Size, 2018 - 2021, USD Million
TABLE 88 Russia Cyber Security In Energy Market by Organization Size, 2022 - 2028, USD Million
TABLE 89 Russia Cyber Security In Energy Market by Deployment Type, 2018 - 2021, USD Million
TABLE 90 Russia Cyber Security In Energy Market by Deployment Type, 2022 - 2028, USD Million
TABLE 91 Russia Cyber Security In Energy Market by Component, 2018 - 2021, USD Million
TABLE 92 Russia Cyber Security In Energy Market by Component, 2022 - 2028, USD Million
TABLE 93 Russia Cyber Security In Energy Market by Solution Type, 2018 - 2021, USD Million
TABLE 94 Russia Cyber Security In Energy Market by Solution Type, 2022 - 2028, USD Million
TABLE 95 Spain Cyber Security In Energy Market, 2018 - 2021, USD Million
TABLE 96 Spain Cyber Security In Energy Market, 2022 - 2028, USD Million
TABLE 97 Spain Cyber Security In Energy Market by End User, 2018 - 2021, USD Million
TABLE 98 Spain Cyber Security In Energy Market by End User, 2022 - 2028, USD Million
TABLE 99 Spain Cyber Security In Energy Market by Organization Size, 2018 - 2021, USD Million
TABLE 100 Spain Cyber Security In Energy Market by Organization Size, 2022 - 2028, USD Million
TABLE 101 Spain Cyber Security In Energy Market by Deployment Type, 2018 - 2021, USD Million
TABLE 102 Spain Cyber Security In Energy Market by Deployment Type, 2022 - 2028, USD Million
TABLE 103 Spain Cyber Security In Energy Market by Component, 2018 - 2021, USD Million
TABLE 104 Spain Cyber Security In Energy Market by Component, 2022 - 2028, USD Million
TABLE 105 Spain Cyber Security In Energy Market by Solution Type, 2018 - 2021, USD Million
TABLE 106 Spain Cyber Security In Energy Market by Solution Type, 2022 - 2028, USD Million
TABLE 107 Italy Cyber Security In Energy Market, 2018 - 2021, USD Million
TABLE 108 Italy Cyber Security In Energy Market, 2022 - 2028, USD Million
TABLE 109 Italy Cyber Security In Energy Market by End User, 2018 - 2021, USD Million
TABLE 110 Italy Cyber Security In Energy Market by End User, 2022 - 2028, USD Million
TABLE 111 Italy Cyber Security In Energy Market by Organization Size, 2018 - 2021, USD Million
TABLE 112 Italy Cyber Security In Energy Market by Organization Size, 2022 - 2028, USD Million
TABLE 113 Italy Cyber Security In Energy Market by Deployment Type, 2018 - 2021, USD Million
TABLE 114 Italy Cyber Security In Energy Market by Deployment Type, 2022 - 2028, USD Million
TABLE 115 Italy Cyber Security In Energy Market by Component, 2018 - 2021, USD Million
TABLE 116 Italy Cyber Security In Energy Market by Component, 2022 - 2028, USD Million
TABLE 117 Italy Cyber Security In Energy Market by Solution Type, 2018 - 2021, USD Million
TABLE 118 Italy Cyber Security In Energy Market by Solution Type, 2022 - 2028, USD Million
TABLE 119 Rest of Europe Cyber Security In Energy Market, 2018 - 2021, USD Million
TABLE 120 Rest of Europe Cyber Security In Energy Market, 2022 - 2028, USD Million
TABLE 121 Rest of Europe Cyber Security In Energy Market by End User, 2018 - 2021, USD Million
TABLE 122 Rest of Europe Cyber Security In Energy Market by End User, 2022 - 2028, USD Million
TABLE 123 Rest of Europe Cyber Security In Energy Market by Organization Size, 2018 - 2021, USD Million
TABLE 124 Rest of Europe Cyber Security In Energy Market by Organization Size, 2022 - 2028, USD Million
TABLE 125 Rest of Europe Cyber Security In Energy Market by Deployment Type, 2018 - 2021, USD Million
TABLE 126 Rest of Europe Cyber Security In Energy Market by Deployment Type, 2022 - 2028, USD Million
TABLE 127 Rest of Europe Cyber Security In Energy Market by Component, 2018 - 2021, USD Million
TABLE 128 Rest of Europe Cyber Security In Energy Market by Component, 2022 - 2028, USD Million
TABLE 129 Rest of Europe Cyber Security In Energy Market by Solution Type, 2018 - 2021, USD Million
TABLE 130 Rest of Europe Cyber Security In Energy Market by Solution Type, 2022 - 2028, USD Million
TABLE 131 Key information – Accenture PLC
TABLE 132 Key information – IBM Corporation
TABLE 133 KEY INFORMATION – General Electric Company
TABLE 134 Key Information – Ansaldo Energia S.p.A.
TABLE 135 Key Information – Baker Hughes Company
TABLE 136 Key Information – Hitachi, Ltd.
TABLE 137 Key Information – Mitsubishi Heavy Industries Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: Acquisition and Mergers: 2020, Apr – 2023, Feb) Leading Players
FIG 6 Recent strategies and developments: Accenture PLC
FIG 7 Swot analysis: Accenture plC
FIG 8 Recent strategies and developments: IBM Corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 Swot analysis: General electric (GE) Co.