SOURCE: Infonetics Research

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December 05, 2014 16:03 ET

Infonetics: Internet of Things (IoT) and industrial security market primed for explosive growth

CAMPBELL, CA--(Marketwired - December 05, 2014) - Market research firm Infonetics Research released excerpts from its new IoT and Industrial Control System Security market size and forecasts report, which tracks Internet of Things (IoT) and industrial control system (ICS) distributed firewall revenue and units.

The new 13-page ICS and IoT security report contains Infonetics' first market forecast for distributed firewalls, the product category that buyers are diving into first. This new market is generating significant interest due to the nature of the threats themselves -- everyone pays attention to attacks on critical public infrastructure -- and because providing security solutions into the supervisory control and data acquisition (SCADA)/ICS and IoT space represents a way for existing security vendors to tap into explosive growth in this area.

SECURITY ANALYST NOTE
"Companies deploying security for their control system environments are likely to follow a defense-in-depth model, deploying security in as many places as possible as long as it's non-disruptive to operations, as there is ZERO tolerance for security solutions interrupting normal operations in nearly all environments. For many companies, deploying distributed firewalls to protect their control system networks will be an important part of the overall security picture," says Jeff Wilson, principal analyst for security at Infonetics Research.

INDUSTRIAL CONTROL SYSTEM AND IOT SECURITY MARKET HIGHLIGHTS

  • Infonetics projects the industrial control system and Internet of Things security market (distributed firewalls) to skyrocket to over $675 million by 2018
  • U.S. oil, gas, and utility companies are the first targets for most vendors building solutions in the IoT/ICS security space, but some vendors are seeing significant interest from oil and gas companies in the Middle East
  • The bulk of the IoT and ICS distributed firewall market today is gobbled up by traditional security vendors selling firewalls and intrusion prevention systems (IPS) into industrial environments
  • However, specialist vendors like Wurldtech, Tofino, and Secure Crossing are looking to make serious headway over the next few years selling specialized distributed firewall products

SECURITY ANALYST CONFERENCE CALL FOR CLIENTS
Infonetics clients are invited to view on-demand analyst Jeff Wilson's presentation on the ICS and IoT security market. Log in for password: www.infonetics.com/cgp/login.asp?id=904.

IOT/ICS SECURITY REPORT SYNOPSIS
Infonetics' annual IoT and industrial control system security report provides worldwide and regional market size, forecasts through 2018, analysis, and trends for Internet of Things (IoT) and industrial control system (ICS) distributed firewalls. Vendors named in the report: Check Point, Cisco, Fortinet, GE, IBM, McAfee, Palo Alto Networks, Rockwell, Secure Crossing, Siemens, Sophos, Tofino (Belden), Wurldtech (GE), others. To buy the report, contact Infonetics: www.infonetics.com/contact.asp.

INFONETICS SECURITY WEBINARS
Visit www.infonetics.com/infonetics-events to register for upcoming webinars, view recent webinars on-demand, or learn about sponsoring a webinar.

  • Rethinking Secure Mobile Access to the Enterprise (Dec. 17: Attend and get a free report)
  • DDoS Security: Protect Your Network and Hosting Customers (View on-demand)
  • Protecting Your Organization from DNS Security Threats (View on-demand)
  • Practical Strategies for Fighting Advanced Malware and Threats (Jan. 13, 2015: Learn More)
  • Hybrid DDoS Mitigation (2015: Sponsor)

RELATED SECURITY REPORT EXCERPTS

RECENT AND UPCOMING SECURITY RESEARCH
Download Infonetics' 2014 market research brochure, publication calendar, events brochure, report highlights, tables of contents, and more at www.infonetics.com/login.

INFONETICS IS HIRING
Infonetics Research is hiring analysts. See job openings at www.infonetics.com/jobopp.asp.

TO INQUIRE ABOUT RESEARCH, CONTACT:
N. America (West), Asia Pacific:
Larry Howard larry@infonetics.com +1 408-583-3335
N. A. (East, Midwest), L. America, EMEA: Scott Coyne scott@infonetics.com +1 408-583-3395
Greater China, SE Asia, India: 大中华区 Jeffrey Song jeffrey@infonetics.com +86 21-3919-8505
Japan 日本 Takashi Kimura, TAK Analytics takashi.kimura@takanalytics.com +81 3-6408-5566
South Korea 대한민국 Doug Moon, MBAP dougm@mbap.co.kr +82 2-3453-9400

ABOUT INFONETICS
Infonetics Research (www.infonetics.com) is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize, and compete effectively. View Infonetics' About Us slides here.

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Contact Information

  • PRESS CONTACT:
    Jeff Wilson
    Principal Analyst, Security
    Infonetics Research
    +1-408-583-3337
    Email contact
    Twitter: @securityjeff