Research Report: Global Critical Infrastructure Protection Market | Page 3

States , the market continues to grow , due to its susceptibility to terrorism , bio-terrorism , cyber hijacking , hacking , and other such threats . However , the market is experiencing the highest traction in the Asia-Pacific region , owing to increasing political pressure for standard regulations , increasing insider attacks , growing cyber threats along with increasing investments made towards infrastructure protection . This region is expected to witness a growth rate of 9.02 % over the forecast period .
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Opportunities in the CIP segment lie in the exploitation of the Internet-of-Things ( IoT ) revolution and its potential scope . The IoT , in turn , is a driving factor for the physical and information security market . The physical security market consists of a wide array of products and services such as access control , video surveillance , biometrics , technical support , and consulting . The market that leads in its sale of biometrics shows maximum promise in the access control market with a high CAGR . The rise in the incidents of attacks on critical infrastructure zones , the investment of the physical and information security market is bound to increase in the future .
The global critical infrastructure protection market is segmented by security technology ( network security , physical security , vehicle identification management , building management systems , secure communication , radars , SCADA security , CBRNE ), by services ( risk management services , designing , integration and consultation , managed services , maintenance and support , and others ), by vertical ( energy and power , transportation system , sensitive infrastructure and enterprises ) by end-user industry ( energy and power , healthcare systems , defense and aerospace , government , transportation sector ) and by region ( North America , Asia-Pacific , Latin America , Europe , Middle East and Africa ).
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The market is highly competitive with the presence of some big players such as :– 1 . BAE Systems 2 . Honeywell International Inc . 3 . EMC Corporation 4 . Raytheon 5 . Airbus
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