The Latin America, Middle East and Africa Operational Technology (OT) Security Market would witness market growth of 22.6% CAGR during the forecast period (2022-2028).
While this does not offer complete security against cyber threats, it made it easier for an attacker to reach and exploit vulnerable OT assets. Companies must restore the air gap as IT and OT networks merge in order to safeguard older systems that weren't intended to be linked to the Internet. A firewall that is familiar with OT-specific protocols can examine traffic for potentially dangerous content or orders and impose access rules beyond OT network segment boundaries due to network segmentation, which enables the separation of assets inside the network.
As a result of the possibility of false positive mistakes in threat prevention systems, cybersecurity tactics are frequently detection-focused. A mistaken labelling and blocking of a normal process as harmful could have an effect on the system's performance and availability. Due to this, OT security was frequently reactive, with viruses and threats being treated as needed. This kind of security causes OT systems to become infected with malware, endangering their ability to function.
The LAMEA region has consistently placed a strong emphasis on sustainable development while simultaneously hoping to grow its oil and gas sector, which already makes a significant contribution to the region's economic development. The oil industry has a significant impact on both the UAE's internal and exterior policies. Since the discovery of oil and gas more than 50 years ago, the United Arab Emirates has been a significant player in the hydrocarbon energy sector.
The Brazil market dominated the LAMEA Operational Technology (OT) Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $721.9 million by 2028.The Argentina market is experiencing a CAGR of 23.3% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 22.3% during (2022 - 2028).
Based on Offering, the market is segmented into Solutions and Services. Based on Vertical, the market is segmented into Manufacturing, Energy & Power, Oil & Gas, BFSI and Others. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Operational Technology (OT) Security Market is Predict to reach $34.9 Billion by 2028, at a CAGR of 15.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Broadcom, Inc. (Symantec Corporation), Cisco Systems, Inc., Fortinet, Inc., Forcepoint LLC (Francisco Partners), Tenable Holdings, Inc., Check Point Software Technologies Ltd., FireEye, Inc., Palo Alto Networks, Inc., and Kaspersky Lab.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Vertical
- Manufacturing
- Energy & Power
- Oil & Gas
- BFSI
- Others
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Broadcom, Inc. (Symantec Corporation)
- Cisco Systems, Inc.
- Fortinet, Inc.
- Forcepoint LLC (Francisco Partners)
- Tenable Holdings, Inc.
- Check Point Software Technologies Ltd.
- FireEye, Inc.
- Palo Alto Networks, Inc.
- Kaspersky Lab
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Operational Technology (OT) Security Market, by Offering
1.4.2 LAMEA Operational Technology (OT) Security Market, by Vertical
1.4.3 LAMEA Operational Technology (OT) Security Market, by Deployment Mode
1.4.4 LAMEA Operational Technology (OT) Security Market, by Organization Size
1.4.5 LAMEA Operational Technology (OT) Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisitions and Mergers: 2019, Aug – 2022, Jun) Leading Players
Chapter 4. LAMEA Operational Technology (OT) Security Market by Offering
4.1 LAMEA Solutions Market by Country
4.2 LAMEA Services Market by Country
Chapter 5. LAMEA Operational Technology (OT) Security Market by Vertical
5.1 LAMEA Manufacturing Market by Country
5.2 LAMEA Energy & Power Market by Country
5.3 LAMEA Oil & Gas Market by Country
5.4 LAMEA BFSI Market by Country
5.5 LAMEA Other Vertical Market by Country
Chapter 6. LAMEA Operational Technology (OT) Security Market by Deployment Mode
6.1 LAMEA On-premise Market by Country
6.2 LAMEA Cloud Market by Country
Chapter 7. LAMEA Operational Technology (OT) Security Market by Organization Size
7.1 LAMEA Large Enterprises Market by Country
7.2 LAMEA Small & Medium Enterprises Market by Country
Chapter 8. LAMEA Operational Technology (OT) Security Market by Country
8.1 Brazil Operational Technology (OT) Security Market
8.1.1 Brazil Operational Technology (OT) Security Market by Offering
8.1.2 Brazil Operational Technology (OT) Security Market by Vertical
8.1.3 Brazil Operational Technology (OT) Security Market by Deployment Mode
8.1.4 Brazil Operational Technology (OT) Security Market by Organization Size
8.2 Argentina Operational Technology (OT) Security Market
8.2.1 Argentina Operational Technology (OT) Security Market by Offering
8.2.2 Argentina Operational Technology (OT) Security Market by Vertical
8.2.3 Argentina Operational Technology (OT) Security Market by Deployment Mode
8.2.4 Argentina Operational Technology (OT) Security Market by Organization Size
8.3 UAE Operational Technology (OT) Security Market
8.3.1 UAE Operational Technology (OT) Security Market by Offering
8.3.2 UAE Operational Technology (OT) Security Market by Vertical
8.3.3 UAE Operational Technology (OT) Security Market by Deployment Mode
8.3.4 UAE Operational Technology (OT) Security Market by Organization Size
8.4 Saudi Arabia Operational Technology (OT) Security Market
8.4.1 Saudi Arabia Operational Technology (OT) Security Market by Offering
8.4.2 Saudi Arabia Operational Technology (OT) Security Market by Vertical
8.4.3 Saudi Arabia Operational Technology (OT) Security Market by Deployment Mode
8.4.4 Saudi Arabia Operational Technology (OT) Security Market by Organization Size
8.5 South Africa Operational Technology (OT) Security Market
8.5.1 South Africa Operational Technology (OT) Security Market by Offering
8.5.2 South Africa Operational Technology (OT) Security Market by Vertical
8.5.3 South Africa Operational Technology (OT) Security Market by Deployment Mode
8.5.4 South Africa Operational Technology (OT) Security Market by Organization Size
8.6 Nigeria Operational Technology (OT) Security Market
8.6.1 Nigeria Operational Technology (OT) Security Market by Offering
8.6.2 Nigeria Operational Technology (OT) Security Market by Vertical
8.6.3 Nigeria Operational Technology (OT) Security Market by Deployment Mode
8.6.4 Nigeria Operational Technology (OT) Security Market by Organization Size
8.7 Rest of LAMEA Operational Technology (OT) Security Market
8.7.1 Rest of LAMEA Operational Technology (OT) Security Market by Offering
8.7.2 Rest of LAMEA Operational Technology (OT) Security Market by Vertical
8.7.3 Rest of LAMEA Operational Technology (OT) Security Market by Deployment Mode
8.7.4 Rest of LAMEA Operational Technology (OT) Security Market by Organization Size
Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Broadcom, Inc. (Symantec Corporation)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Cisco Systems, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Fortinet, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.5 Forcepoint LLC (Francisco Partners)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.2.2 Product Launches and Product Expansions:
9.5.2.3 Acquisition and Mergers:
9.6 Tenable Holdings, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.7 Check Point Software Technologies Ltd.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.5.3 Acquisition and Mergers:
9.8 FireEye, Inc.
9.8.1 Company Overview
9.9 Palo Alto Networks, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.10. Kaspersky Lab
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Acquisition and Mergers:
TABLE 1 LAMEA Operational Technology (OT) Security Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Operational Technology (OT) Security Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Operational Technology (OT) Security Market
TABLE 4 Product Launches And Product Expansions – Operational Technology (OT) Security Market
TABLE 5 Acquisition and Mergers – Operational Technology (OT) Security Market
TABLE 6 LAMEA Operational Technology (OT) Security Market by Offering, 2018 - 2021, USD Million
TABLE 7 LAMEA Operational Technology (OT) Security Market by Offering, 2022 - 2028, USD Million
TABLE 8 LAMEA Solutions Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Solutions Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Operational Technology (OT) Security Market by Vertical, 2018 - 2021, USD Million
TABLE 13 LAMEA Operational Technology (OT) Security Market by Vertical, 2022 - 2028, USD Million
TABLE 14 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Operational Technology (OT) Security Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 25 LAMEA Operational Technology (OT) Security Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 26 LAMEA On-premise Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA On-premise Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Cloud Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Cloud Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Operational Technology (OT) Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 31 LAMEA Operational Technology (OT) Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 32 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Operational Technology (OT) Security Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Operational Technology (OT) Security Market by Country, 2022 - 2028, USD Million
TABLE 38 Brazil Operational Technology (OT) Security Market, 2018 - 2021, USD Million
TABLE 39 Brazil Operational Technology (OT) Security Market, 2022 - 2028, USD Million
TABLE 40 Brazil Operational Technology (OT) Security Market by Offering, 2018 - 2021, USD Million
TABLE 41 Brazil Operational Technology (OT) Security Market by Offering, 2022 - 2028, USD Million
TABLE 42 Brazil Operational Technology (OT) Security Market by Vertical, 2018 - 2021, USD Million
TABLE 43 Brazil Operational Technology (OT) Security Market by Vertical, 2022 - 2028, USD Million
TABLE 44 Brazil Operational Technology (OT) Security Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 45 Brazil Operational Technology (OT) Security Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 46 Brazil Operational Technology (OT) Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 47 Brazil Operational Technology (OT) Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 48 Argentina Operational Technology (OT) Security Market, 2018 - 2021, USD Million
TABLE 49 Argentina Operational Technology (OT) Security Market, 2022 - 2028, USD Million
TABLE 50 Argentina Operational Technology (OT) Security Market by Offering, 2018 - 2021, USD Million
TABLE 51 Argentina Operational Technology (OT) Security Market by Offering, 2022 - 2028, USD Million
TABLE 52 Argentina Operational Technology (OT) Security Market by Vertical, 2018 - 2021, USD Million
TABLE 53 Argentina Operational Technology (OT) Security Market by Vertical, 2022 - 2028, USD Million
TABLE 54 Argentina Operational Technology (OT) Security Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 55 Argentina Operational Technology (OT) Security Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 56 Argentina Operational Technology (OT) Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 57 Argentina Operational Technology (OT) Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 58 UAE Operational Technology (OT) Security Market, 2018 - 2021, USD Million
TABLE 59 UAE Operational Technology (OT) Security Market, 2022 - 2028, USD Million
TABLE 60 UAE Operational Technology (OT) Security Market by Offering, 2018 - 2021, USD Million
TABLE 61 UAE Operational Technology (OT) Security Market by Offering, 2022 - 2028, USD Million
TABLE 62 UAE Operational Technology (OT) Security Market by Vertical, 2018 - 2021, USD Million
TABLE 63 UAE Operational Technology (OT) Security Market by Vertical, 2022 - 2028, USD Million
TABLE 64 UAE Operational Technology (OT) Security Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 65 UAE Operational Technology (OT) Security Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 66 UAE Operational Technology (OT) Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 67 UAE Operational Technology (OT) Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 68 Saudi Arabia Operational Technology (OT) Security Market, 2018 - 2021, USD Million
TABLE 69 Saudi Arabia Operational Technology (OT) Security Market, 2022 - 2028, USD Million
TABLE 70 Saudi Arabia Operational Technology (OT) Security Market by Offering, 2018 - 2021, USD Million
TABLE 71 Saudi Arabia Operational Technology (OT) Security Market by Offering, 2022 - 2028, USD Million
TABLE 72 Saudi Arabia Operational Technology (OT) Security Market by Vertical, 2018 - 2021, USD Million
TABLE 73 Saudi Arabia Operational Technology (OT) Security Market by Vertical, 2022 - 2028, USD Million
TABLE 74 Saudi Arabia Operational Technology (OT) Security Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 75 Saudi Arabia Operational Technology (OT) Security Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 76 Saudi Arabia Operational Technology (OT) Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 77 Saudi Arabia Operational Technology (OT) Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 78 South Africa Operational Technology (OT) Security Market, 2018 - 2021, USD Million
TABLE 79 South Africa Operational Technology (OT) Security Market, 2022 - 2028, USD Million
TABLE 80 South Africa Operational Technology (OT) Security Market by Offering, 2018 - 2021, USD Million
TABLE 81 South Africa Operational Technology (OT) Security Market by Offering, 2022 - 2028, USD Million
TABLE 82 South Africa Operational Technology (OT) Security Market by Vertical, 2018 - 2021, USD Million
TABLE 83 South Africa Operational Technology (OT) Security Market by Vertical, 2022 - 2028, USD Million
TABLE 84 South Africa Operational Technology (OT) Security Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 85 South Africa Operational Technology (OT) Security Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 86 South Africa Operational Technology (OT) Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 87 South Africa Operational Technology (OT) Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 88 Nigeria Operational Technology (OT) Security Market, 2018 - 2021, USD Million
TABLE 89 Nigeria Operational Technology (OT) Security Market, 2022 - 2028, USD Million
TABLE 90 Nigeria Operational Technology (OT) Security Market by Offering, 2018 - 2021, USD Million
TABLE 91 Nigeria Operational Technology (OT) Security Market by Offering, 2022 - 2028, USD Million
TABLE 92 Nigeria Operational Technology (OT) Security Market by Vertical, 2018 - 2021, USD Million
TABLE 93 Nigeria Operational Technology (OT) Security Market by Vertical, 2022 - 2028, USD Million
TABLE 94 Nigeria Operational Technology (OT) Security Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 95 Nigeria Operational Technology (OT) Security Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 96 Nigeria Operational Technology (OT) Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 97 Nigeria Operational Technology (OT) Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 98 Rest of LAMEA Operational Technology (OT) Security Market, 2018 - 2021, USD Million
TABLE 99 Rest of LAMEA Operational Technology (OT) Security Market, 2022 - 2028, USD Million
TABLE 100 Rest of LAMEA Operational Technology (OT) Security Market by Offering, 2018 - 2021, USD Million
TABLE 101 Rest of LAMEA Operational Technology (OT) Security Market by Offering, 2022 - 2028, USD Million
TABLE 102 Rest of LAMEA Operational Technology (OT) Security Market by Vertical, 2018 - 2021, USD Million
TABLE 103 Rest of LAMEA Operational Technology (OT) Security Market by Vertical, 2022 - 2028, USD Million
TABLE 104 Rest of LAMEA Operational Technology (OT) Security Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 105 Rest of LAMEA Operational Technology (OT) Security Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 106 Rest of LAMEA Operational Technology (OT) Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 107 Rest of LAMEA Operational Technology (OT) Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 108 key information – Microsoft Corporation
TABLE 109 Key Information – Broadcom, Inc.
TABLE 110 Key Information – Cisco Systems, Inc.
TABLE 111 key information – Fortinet, Inc.
TABLE 112 key information – Forcepoint LLC
TABLE 113 Key Information – Tenable Holdings, Inc.
TABLE 114 Key Information – Check Point Software Technologies Ltd.
TABLE 115 Key Information – FireEye, Inc.
TABLE 116 Key Information – Palo Alto Networks, Inc.
TABLE 117 Key Information – Kaspersky Lab
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: (Acquisitions and Mergers: 2019, Aug – 2022, Jun) Leading Players
FIG 6 Recent strategies and developments: Microsoft Corporation
FIG 7 SWOT Analysis: Microsoft Corporation
FIG 8 Recent strategies and developments: Broadcom, Inc.
FIG 9 SWOT Analysis: Broadcom, Inc.
FIG 10 SWOT Analysis: Cisco Systems, Inc.
FIG 11 Recent strategies and developments: Fortinet, Inc.
FIG 12 Recent strategies and developments: Forcepoint LLC
FIG 13 Recent strategies and developments: Check Point Software Technologies Ltd.
FIG 14 Recent strategies and developments: Palo Alto Networks, Inc.