The Latin America, Middle East and Africa Critical Infrastructure Protection Market would witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Critical Infrastructure Protection Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,398 million by 2031. The Argentina market is showcasing a CAGR of 7.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.6% during (2024 - 2031).
The rollout of 5G networks, which supports many connected devices and enables faster data transmission, increases the need for robust security measures. According to the ITU, since commercial deployment began in 2019, 5G coverage has increased to 40 percent of the population in 2023. ITU stated that a 5G network covers 89 percent of the population in high-income countries.
These security challenges are being actively addressed by governments and regulatory bodies. For example, the European Union’s 5G Toolbox provides guidelines for assessing risks and securing 5G infrastructure. At the same time, in the United States, agencies like the FCC and CISA emphasize best practices for 5G security to safeguard national interests.
Across the LAMEA region, the market for this is shaped by the strategic importance of energy resources. According to BP's Statistical Review of World Energy – 2021, the Middle East alone accounts for 31% of global oil production and 40% of proven gas reserves, making it a crucial area for global energy supply. Nigeria, Africa’s largest oil producer and a significant global player, faces substantial challenges in protecting its oil and gas infrastructure. Frequent attacks on pipelines and oil installations, particularly in the Niger Delta, have highlighted the need for better security measures. In order to confront these obstacles, the Nigerian government has implemented the Nigerian Hydrocarbon and Gas Industry Content Development (NOGICD) Act, which includes provisions for the protection of hydrocarbon installations. The Nigerian Navy and Joint Task Force (JTF) protects offshore oil platforms and pipelines. Therefore, as these countries prioritize energy security, the demand for critical infrastructure protection in the LAMEA region is expected to grow.
Free Valuable Insights: The Worldwide Critical Infrastructure Protection Market is Projected to reach USD 198.2 Billion by 2031, at a CAGR of 4.7%
Based on Type, the market is segmented into Solutions, and Services. Based on Security, the market is segmented into Cyber Security (Network Access Controls & Firewalls, Threat Intelligence, Encryption, and Other Cyber Security Types), and Physical Safety & Security (Video Surveillance Systems, Perimeter Intrusion Detection Systems, Physical Identity & Access Control Systems, Screening & Scanning, and Other Physical Safety & Security Types). Based on End Use, the market is segmented into Government & Defense, Energy & Power, BFSI, IT & Telecom, Transport & Logistics, Oil & Gas, and Other End Use. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type
By Security
By End Use
By Country
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