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Cyber Security for Industrial Automation Market to Reach $20.5 Billion Globally by 2032 at 8.7% CAGR: Allied Market Research

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The rising popularity of cyber security in detecting & responding to cyber threats and the integration of novel technologies in the industrial automation sector are expected to drive the global cyber security for industrial automation market’s growth during the forecast period. The Asia-Pacific region is projected to be the most dominant by 2032.

NEW CASTLE, Del., Feb. 12, 2024 /PRNewswire/ — Allied Market Research has recently published a report, titled, “Cyber Security For Industrial Automation Market By Type (Fixed Automation System, Programmable Automation System, Flexible Automation System, Integrated Automation System), By Tools or Technologies (Numerical Control (NC) Machine Tools, Programmable Logic Controllers (PLCs), Computer Numerical Control (CNC) Systems, Industrial Sensors), By Security Type (Enterprise Security, SCADA Security (supervisory control and data acquisition), Network Security, Device Security, Physical Security), By End Use (Automotive Manufacturing, Electronics and Telecommunication, Food & Beverage Processing, Pharmaceuticals, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032.” According to the report, the global cyber security for industrial automation market generated $9 billion in 2022, and is anticipated to generate $20.5 billion by 2032, rising at a CAGR of 8.7% from 2023 to 2032.

Prime Determinants of Growth

The rising popularity of cyber security in detecting & responding to cyber threats, increased number of cyber threats, and the stringent regulations & standards mandating the implementation of cybersecurity in industrial automation are the factors expected to drive the growth of the global cyber security for industrial automation market in the forecast period from 2023 to 2032. However, the lack of expertise & skilled professionals and the outdated legacy systems and compliance issues may hamper market growth in the coming future. On the contrary, the adoption of novel technologies in the industrial automation sector and the growing focus on cyber resilience and the development of incident response plans & business continuity are expected to offer remunerative opportunities for the expansion of the cyber security for industrial automation market during the forecast period.

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Report Coverage & Details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2022

Market Size in 2022

$9 billion

Market Size in 2032

$20.5 billion

CAGR

8.7 %

No. of Pages in Report

320

Segments covered

Security Type, End Use, Type, Tools for Technologies, and Region

Drivers

Growing popularity of cyber security in detecting & responding to cyber threats

Increasing number of cyber threats

Stringent regulations and standards mandating the implementation of cybersecurity measures in industrial automation

Opportunities

Integration of new technologies in industrial automation sector

Growing development of incident response plans and business continuity

Restraints

Outdated legacy systems and compliance issues

 

COVID-19 Scenario

The COVID-19 pandemic outbreak had a significant impact on the global cyber security for industrial automation market’s growth. The pandemic led to disruptions in global supply chains due to lockdowns, reduced manufacturing activities, and restrictions on international trade. These disruptions led to remote work culture that exposed several industries to cyber threats by compromising network security and leading to data breaches.Moreover, industrial automation systems emerged as prime targets for cybercriminals amidst the COVID-19 pandemic, aiming to exploit vulnerabilities amid heightened dependence on digital technologies. Additionally, disruptions in global supply chains caused by the pandemic prompted greater scrutiny of supply chain security processes.

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Security Type: SCADA security (Supervisory Control and Data Acquisition) Sub-segment to be Flourish Immensely by 2032

The SCADA security (Supervisory Control and Data Acquisition) sub-segment accounted for the largest global cyber security for industrial automation market share of 28.5% in 2022 and is expected to grow at the highest CAGR of 9.4% during the forecast period. This is majorly because SCADA systems play a crucial role in industrial automation by providing remote monitoring and control capabilities. The rising need to protect critical processes from cyber threats is another factor to boost the sub-segment’s growth. Besides, SCADA’s capability for efficient centralized process control is driving the demand for cyber security in industrial automation.

End Use: Food & Beverage Processing Sub-segment to Grow at the Highest CAGR During the Forecast Period

The food & beverage processing sub-segment accounted for the largest market share of 34.4% in 2022 and is expected to rise at the highest CAGR of 9.3% during the forecast period. This is mainly because the food & beverage industry depends heavily on computer-controlled automation systems for its productivity. Besides, cybersecurity measures are significant to prevent downtime caused by cyberattacks. Moreover, in the food & beverage industry, intellectual property, such as formulations, proprietary recipes, and processes, is a valuable asset. A major factor to protect this intellectual property from unauthorized access or theft is cybersecurity.

Type: Programmable Automation System Sub-segment to Witness Significant Growth by 2032

The programmable automation system sub-segment of the global market accounted for the highest share of 35.6% in 2022 and is projected to continue to maintain its dominance in terms of market share during the forecast period. This is primarily because the programmable automation systems offer a high degree of flexibility and adaptability in manufacturing processes. Besides, the nature of programmable automation systems is well-suited for batch production processes, especially in industries producing similar items using the same automated steps and tools. Furthermore, the programmable automation systems enable the seamless implementation of new processes through modification of the control program.

Tools for Technologies: Programmable Logic Controllers (PLCs) Sub-segment to Rise at the Highest CAGR During the Forecast Period

The programmable logic controllers (PLCs) sub-segment of the global market accounted for the largest cyber security for industrial automation market share of 32.6% in 2022 and is anticipated to rise at the highest CAGR of 9.5% by 2032. This is primarily owing to the efficient adaptation to evolving cybersecurity requirements offered by the flexibility of programmable logic controllers (PLCs) in industrial automation. Besides, PLCs offer robust operation and enhanced reliability compared to traditional relay-based control systems. The design of PLCs to operate in harsh industrial environments, along with built-in protection against temperature extremes, electrical noise, and dependable performance, ensures dependable and consistent performance.

Region: Asia-Pacific Market to be the Most Dominant by 2032

The cyber security for industrial automation market in the Asia-Pacific region accounted for the largest share of 38.2% in 2022 and is predicted to rise at the highest CAGR of 9.2% during the forecast period. This growth is mainly owing to the significant rise in cyber threats. Besides, the rapid digitalization, geopolitical tensions, and the increased Internet penetration are other factors driving the regional market growth. Moreover, several countries in the Asia-Pacific region, such as India, South Korea, Japan, China, and others are actively pursuing digital transformation initiatives to enhance the productivity and efficiency of industrial processes.

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Leading Players in the Cyber Security for Industrial Automation Market:

Microsoft CorporationSiemens AGCisco Systems, Inc.ABBDell Inc.Schneider ElectricHoneywell International Inc.IBMRockwell Automation Inc.Palo Alto Networks, Inc.

The report provides a detailed analysis of the key players of the global cyber security for industrial automation market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Geographic Solutions Named in the Top 100 for the North America Inspiring Workplaces Awards

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PALM HARBOR, Fla., June 19, 2026 /PRNewswire/ — Geographic Solutions, the nation’s leading provider of workforce development software for state and local government agencies, is proud to announce that it has been named in the Top 100 for the 2026 North America Inspiring Workplaces Awards for the third consecutive year.

The Inspiring Workplaces Awards recognize organizations that prioritize their people by fostering a culture built on trust, purpose, and belonging. These are more than just great places to work – they are environments where individuals are encouraged to grow and succeed. This year’s winners represent a diverse range of organizations that are redefining what it means to put employees first in today’s complex and rapidly evolving workplace.

“Achieving Top 100 Inspiring Workplaces winner status for the third year in a row is a testament to the culture we’ve built together,” said Paul Toomey, President and Founder of Geographic Solutions. “This recognition reflects our ongoing commitment to empowering employees, fostering inclusion, and ensuring every team member has the opportunity to thrive.”

Independent judges recognized the company’s strong core values, intentional approach to growth, and ability to maintain a flourishing culture. Judges also highlighted impressive employee retention, commitment to diverse hiring practices, and leadership representation, underscoring continued focus on building an inclusive, values-driven workplace. 

In 2024 and 2025, Geographic Solutions was named in the Top 50 North America Inspiring Workplaces Awards and received recognition in the Culture and Purpose category. In 2024, Geographic Solutions was named to the Top 50 of the Top 100 Global Inspiring Workplaces Awards, standing out as one of the few North America–based organizations recognized at the global level.

For more information on this achievement, visit www.inspiring-workplaces.com/company/geographic-solutions.

About Geographic Solutions

Geographic Solutions is the nation’s leading provider of integrated software for state and local workforce agencies, serving more than 40 states and U.S. territories. The company’s online platforms support all federally funded workforce and partner programs, including WIOA, labor exchange, labor market information, education, reentry, human services, and unemployment insurance. Geographic Solutions’ software is currently being utilized by over 1,100 American Job Centers and is accessible to over 211 million individuals across the country. For more information, visit www.geographicsolutions.com

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SOURCE Geographic Solutions, Inc.

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Real Estate Expert Stephanie Duran Explains Considerations for Buyers and Sellers in HelloNation

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SANTA FE, N.M., June 19, 2026 /PRNewswire/ — What should buyers and sellers really consider when choosing a real estate team in Santa Fe? In a recent feature with HelloNation, Stephanie Duran of Veritas Real Estate Partners offers clear guidance: look for embedded local expertise, not just credentials. The article outlines how the most effective real estate professionals go beyond market stats to provide clients with insight into lifestyle factors, neighborhood nuance, and the long-term implications of a purchase.

Duran emphasizes that Santa Fe is a city composed of distinct micro-markets. A strong Santa Fe real estate team understands how proximity to Canyon Road, differences in elevation, or traffic patterns can alter a homeowner’s daily experience. These seemingly small details affect everything from home value to livability. Long-standing teams often bring crucial zoning and land use insight that helps buyers and sellers assess not just a home’s current appeal, but its future prospects as well.

The article also highlights the importance of listening. Real estate professionals who succeed in Santa Fe don’t simply push listings—they interpret what clients value and filter accordingly. With a market that ranges from traditional adobe homes to contemporary architectural builds, clarity and restraint are essential. The piece, What to Look For in a Santa Fe Real Estate Team, features advice from Stephanie Duran of Veritas Real Estate Partners on how local real estate expertise translates into stronger outcomes for clients.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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Xiao-I Corporation Provides Update on First-Instance Rulings in Patent Litigation Against Apple; Company Intends to Appeal to the Supreme People’s Court

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SHANGHAI, June 19, 2026 /PRNewswire/ — Xiao-I Corporation (NASDAQ: AIXI) (“Xiao-I” or the “Company”), a leading developer of AI solutions, provided a material update on the patent-related litigation between its variable interest entity, Shanghai Xiao-I Intelligent Network Technology Co., Ltd. (“Shanghai Xiao-I”), and Apple Inc. and its affiliated entities (collectively, “Apple”) before the Shanghai High People’s Court.

On June 10, 2026, the Shanghai High People’s Court issued first-instance judgments on two parallel cases:

Invention Patent Infringement action (Case No. (2020) Hu Zhi Min Chu No. 7): The court dismissed all litigation claims filed by Shanghai Xiao-I, in which the Company alleged that Apple’s Siri technology infringed Shanghai Xiao-I’s invention patent titled “A Chat Robot System” (Patent No. 200410053749.9).Confirmation of non-patent-infringement action (Case No. (2022) Hu Zhi Min Chu No. 3): The court ruled that the specified iPhone models equipped with Siri do not fall within the protection scope of the subject patent. The court also rejected Apple’s claim for RMB 2 million in compensation for reasonable litigation expenses, including attorney fees, translation fees and notarization fees.

As previously disclosed on March 31, 2026, the Supreme People’s Court of the People’s Republic of China issued a final and binding second-instance ruling upholding the validity of the subject patent and rejecting Apple’s application to have the subject patent declared invalid. The validity of the patent remains final and non-appealable. The Supreme People’s Court’s prior ruling addressed only the validity of the patent. The present proceedings concern whether Apple’s Siri products fall within the scope of the patent claims and therefore constitute infringement.

The Company is disappointed with the first-instance rulings on infringement findings. The Company respectfully disagrees with the factual and legal findings reflected in the first-instance judgments and believes substantial grounds exist for appeal. The Company intends to formally lodge appeals with the Supreme People’s Court within the statutory time limit. The Company will vigorously assert its legitimate intellectual property rights and interests in accordance with applicable laws.

While Xiao-I remains confident in the merits of its case, there can be no assurance as to the ultimate outcome of the appellate proceedings. There is no guarantee that the Company will be awarded any financial compensation or obtain a favorable ruling on appeal. Investors are strongly encouraged to conduct their own due diligence and review all relevant information before making investment decisions.

Xiao-I will keep shareholders and the public informed of any material further developments in a timely manner.

About Xiao-I Corporation

Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: www.xiaoi.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, its future business development, financial condition, and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, including under the section entitled “Risk Factors” in its annual report on Form 20-F, as amended by Form 20-F/A filed with the SEC on May 22, 2026, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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SOURCE Xiao-I Corporation

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