Industrial Cybersecurity Market Expected To Reach USD 306 Billion By 2026 | Top Key Players IBM Corporation, ABB Ltd., Cisco Systems Inc

02-20-2020 02:50 PM CET | IT, New Media & Software

Press release from: Reports and Data

Industrial Cybersecurity Market To Reach USD 306 Billion By 2026

Market To Reach USD 306 Billion By 2026

The global Industrial Cybersecurity Market is expected to reach USD 306 billion by 2026, according to a new report by Reports and Data. An upsurge in the demand for connected devices in the industries to deploy automation has led to an increase in the online security threats which would play a crucial role in driving the growth of industrial cyber security. Industries are the backbone of a nations’ economy and the loss suffered by industries as a result of industrial cyber-attacks would be reflected on the economy of the country, thereby pulling governments attention to invest in the industrial cybersecurity to ensure the safety of the industrial operations.