The Smart Grid Security Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Smart Grid Security Market?
The market size of the Smart Grid Security Global Market Report 2025 has experienced significant growth lately. In 2024, its value was $10.12 billion, and it is projected to increase to $11.44 billion in 2025, with a compound annual growth rate (CAGR) of 13.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Smart Grid Security Industry?
The Smart Grid Security Global Market is projected to reach $18.49 billion in 2029, growing at a compound annual growth rate (CAGR) of 12.7%.
Download Your Free Sample of the 2025 Smart Grid Security Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Smart Grid Security Market?
The key drivers in the smart grid security market are:
• Rising cyber threats in the energy sector
• Increasing adoption of Internet of Things (IoT) devices
• Stricter regulatory requirements for energy grid security
• Expansion of smart grid deployments and investments in grid modernization
Global Market Segmentation: Identifying Major Smart Grid Security Industry Segments
The smart grid security market covered in this report is segmented –
1) By Type: Endpoint, Network, Application, Database
2) By Security Layers: Physical Security, Network Security, Application Security, Data Security
3) By Deployment Mode: On-Premise, Cloud
4) By Application: Consumption, Generation, Distribution And Control
5) By End-Users: Utilities, Energy Management, Industrial, Residential, Commercial
Pre-order the 2025 Smart Grid Security Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Smart Grid Security Market?
The key trends in the smart grid security market are:
• Integration of AI and machine learning for enhanced threat detection is a prominent trend.
• The usage of blockchain is steadily increasing to boost data security.
• There is a rising trend towards deploying cloud-based security solutions.
• Emphasis on public-private partnerships to address security challenges is growing.
Who Are the Top Competitors & Leading Players in the Smart Grid Security Market?
Major companies in the smart grid security market are:
• Siemens AG
• Lockheed Martin Corporation
• HP Inc.
• International Business Machines Corporation
• Cisco Systems Inc.
• N-Dimension Solutions
• Schneider Electric SE
• Broadcom Inc.
• ABB Ltd.
• BAE Systems Plc
• Eaton Corporation plc
• Leidos Holdings Inc.
• Entergy Corporation
• Xylem Inc.
• Palo Alto Networks Inc.
• Fortinet Inc.
• Black & Veatch Holding Company
• Landis+Gyr
• FireEye Inc.
• Sophos Ltd.
• AlertEnterprise Inc.
• Trilliant Holdings Inc.
• IOActive
• AT&T Cybersecurity
• GE Grid Solutions LLC
Regional Dominance: Which Area Leads the Global Smart Grid Security Market?
North America was the largest region in the smart grid security market in 2024
