Knowledge Sourcing Intelligence Pipeline Security Market | Page 2

DESCRIPTION Global Pipeline Security market is projected to grow at a CAGR of 8.21% over the period 2016 to 2021. Owing to increased terrorist attacks and cyber security threats, pipeline safety and security solutions have been gaining much importance across the globe. Rising demand, as well as increased spending, is another key driver of global pipeline security. Recent increase in the demand for natural gas by transportation and power generation sector is also augmenting the demand for these security solutions. Growing need for multiple security solutions due to lack of integrated platforms to provide both physical and network security solutions will further propel the growth of this market over the next six years.