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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 However, the lack of expertise & skilled professionals and the outdated legacy systems and compliance issues may hamper market growth in the coming future.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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Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

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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Media Advisory – Minister Hodgson to deliver keynote speech on One Year of Nation Building

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TORONTO, April 22, 2026 /CNW/ – The Minister of Energy and Natural Resources, the Honourable Tim Hodgson, will speak at the Empire Club of Canada regarding this past year’s accomplishments and future strategic directions.

Date: April 24, 2026

Time: 11:30 a.m. ET

All accredited media are asked to register using the Empire Club’s press accreditation and registration form. Details on how to participate will be provided upon registration.

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

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Harness Delivers Unified AI Intelligence Across Software Delivery with Google Cloud

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Harness integrates Google Cloud’s Developer Connect into its Software Delivery Knowledge Graph to give engineering teams smarter, faster AI-driven insights

SAN FRANCISCO, April 22, 2026 /PRNewswire/ — Harness, the AI Software Delivery Platform™ company, today announced that it will bring together Harness’s Software Delivery Knowledge Graph and Google Cloud’s Developer Connect. The initiative gives joint customers a unified, AI-ready view of their entire software delivery lifecycle, and the intelligence to act on it with confidence.

The announcement was made at Google Cloud Next, where Harness also won the 2026 Google Cloud Technology Partner of the Year Award in the Application Development – DevOps category.

The Missing Piece in AI Software Delivery

Modern software delivery environments are inherently complex. Pipelines, services, build and deploy infrastructure, artifacts, and dependencies are deeply interconnected — and the data that describes how they relate to one another is scattered across dozens of tools. As organizations accelerate their adoption of AI-powered engineering, that fragmentation becomes a critical liability. AI is only as effective as the context it can access, and today, most AI agents are operating with an incomplete picture.

Harness is addressing this challenge head-on. By integrating Google Cloud Developer Connect insights into the Harness Software Delivery Knowledge Graph, joint customers gain a continuously updated, relationship-aware model of their software delivery environment that spans both platforms, bridging the visibility gap between development and production so that AI agents can operate with complete and reliable context. For engineering teams, this translates directly to making decisions grounded in situational awareness rather than generic training data, allowing them to execute complex workflows with greater accuracy.

Where the Partnership Comes to Life

For joint customers of Harness and Google Cloud, this integration means Harness AI can now make smarter, faster decisions on their behalf. By bringing together deployment event logs, runtime data, and application dependency information from Google Cloud into the Harness Software Delivery Knowledge Graph, teams gain a continuously updated, comprehensive view of their software delivery environment. When an issue arises, engineers can diagnose and remediate faster, trace problems back to specific source files or infrastructure, and link artifacts to the teams responsible for them, without having to manually piece together context from multiple systems.

The result is AI that works harder for customers. With richer context available upfront, AI agents can operate more efficiently, delivering answers and recommendations that reflect the true state of the environment. Everything teams need is in one place, and their AI has everything it needs to act on it confidently.

Security is central to how this integration was built. Data shared between Harness and Google Cloud is governed by enterprise-grade access controls, ensuring the right information reaches the right people within the guardrails organizations require.

“AI is only as powerful as the context behind it. Without it, teams fall into the AI Velocity Paradox: moving code faster than ever, but risking shipping software that is unverified, insecure, and unreliable,” said Jyoti Bansal, co-founder and CEO of Harness. “This is exactly what our expanded work with Google Cloud directly addresses, giving joint customers a unified view of their software delivery environment and AI that can actually reason across it. When context is complete, speed and confidence go hand in hand.”

A Collaboration That Keeps Deepening

This integration is the latest evolution of a long-standing collaboration between Harness and Google Cloud. Harness AI runs on Gemini Enterprise Agent Platform, and joint customers already benefit from expanded access through Google Cloud Marketplace. With this announcement, that work expands from the infrastructure layer into the application layer — and directly into how AI understands and acts on the software delivery environment. And it doesn’t stop there. The Harness MCP Server is now accessible within Google’s Gemini Enterprise app environment, enabling Gemini Enterprise customers to leverage Harness capabilities directly from their existing AI interface.

“Google Cloud provides cutting-edge technology that helps partners innovate and deliver more impactful solutions for business transformation,” said Ritika Suri, Managing Director, AI and Data Partnerships at Google Cloud. “Through our partnership with Harness, we will provide customers with innovative capabilities that can improve operations, enhance customer experiences, and drive innovation.”

Join Us

As our Knowledge Graph ecosystem continues to grow, Harness remains committed to expanding the breadth of integrations available to customers with the goal of being the most comprehensive AI-ready software delivery platform on the market.

To connect with the Harness team in person, visit the Harness booth at Google Cloud Next.

About Harness
Harness is the AI Software Delivery Platform™ company, enabling engineering teams to build, test, and deliver software faster and more securely. Powered by Harness AI and the Software Delivery Knowledge Graph, the platform brings intelligent automation to every stage of the software delivery lifecycle after code — removing toil and freeing developers from manual, repetitive work. Companies like United Airlines, Morningstar, and Choice Hotels use Harness to deploy up to 70% faster, reduce change failure rates by 50%, cut deployment effort by 80%, and lower security noise by 65%. Based in San Francisco, Harness is backed by Menlo Ventures, IVP, Unusual Ventures, and Citi Ventures.

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H.I.G. Capital Announces the Sale of Celerion

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MIAMI, April 22, 2026 /PRNewswire/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $74 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to sell its portfolio company, Celerion Holdings, Inc. (“Celerion” or the “Company”), a global CRO and leader in clinical pharmacology and bioanalytical sciences, to funds affiliated with THL Partners (“THL”).

Headquartered in Lincoln, Nebraska, Celerion is a leading provider of highly specialized clinical pharmacology and bioanalytical sciences with deep expertise in first-in-human dose escalation, cardiac safety (TQT), drug-drug interaction, and other complex clinical pharmacology studies that support regulatory approval and drug labeling. Celerion offers an integrated suite of services spanning data management, biostatistics, and clinical monitoring that supports a global base of pharmaceutical and biotechnology customers through its purpose-built clinical and laboratory infrastructure with facilities in Lincoln, Phoenix, Zurich, and Belfast.

H.I.G. acquired Celerion in November 2022 and worked closely with management to accelerate growth and strengthen the Company’s market position. During its ownership, H.I.G. supported strategic investments across commercial, operational, and technology initiatives, including the expansion of Celerion’s clinical and bioanalytical laboratory footprint. These efforts drove exceptional growth and solidified Celerion’s standing as a leading, clinical pharmacology-focused, contract research organization.

Susan Thornton, Celerion’s President & CEO, commented, “H.I.G. has been an exceptional partner to Celerion, helping us accelerate key strategic initiatives and invest meaningfully in our people, capabilities, and infrastructure. These efforts have strengthened our platform and enhanced the quality and consistency of outcomes we deliver to customers. We are excited to carry this momentum forward with THL as we enter our next phase of growth.”

Mike Gallagher, Managing Director at H.I.G., commented, “We are proud of what Celerion’s best-in-class team has accomplished during our partnership. The team has delivered industry- leading growth during our ownership, and we are confident it is uniquely positioned for its next chapter.”

Michael Kuritzky, Managing Director at H.I.G., added, “We are very proud of the work Celerion does to help drug sponsors worldwide navigate the complexities of clinical trial management. It has been a privilege to partner with Susan and her team, and we look forward to Celerion’s continued success.”

BofA Securities, Inc. and Lazard Frères & Co. LLC were financial advisors to H.I.G. and Celerion. McDermott Will & Schulte LLP was legal counsel for H.I.G. and Celerion in connection with the transaction.

About Celerion

Celerion is a clinical research organization that provides comprehensive clinical trial solutions to pharmaceutical and biotechnology clients conducting early clinical research throughout North America, Europe, and Asia. The Company serves its clients through a global network of facilities and provides first-in-human to proof-of-concept studies as well as bioanalytical laboratory services, data management and biometrics, and drug development services. For more information, visit celerion.com.

About H.I.G. Capital

H.I.G. Capital is a leading global alternative investment firm with $74 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:

H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and its affiliates.

Contact:

Mike Gallagher
Managing Director
mgallagher@hig.com

Michael Kuritzky
Managing Director
mkuritzky@hig.com

Alex Zisson
Managing Director
azisson@hig.com

H.I.G. Capital
1450 Brickell Avenue
31st Floor
Miami, FL 33131
P: 305.379.2322
hig.com

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SOURCE H.I.G. Capital

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