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Industrial Cybersecurity Market to Reach $57.60 Billion by 2032 – Exclusive Report by Meticulous Research®

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REDDING, Calif., Feb. 25, 2025 /PRNewswire/ — According to a new market research report titled ‘Industrial Cybersecurity Market Size, Share, Forecast & Trend Analysis by Component (Solutions, Services), Security Type (Endpoint Security, Network Security), End User (Industrial Manufacturing, Transportation & Logistics) & Geography- Global Forecast to 2032,’ published by Meticulous Research®

The industrial cybersecurity market is projected to reach $57.60 billion by 2032, at a CAGR of 13.5% from 2025 to 2032.

Download FREE PDF Brochure Of Industrial Cybersecurity Market  – https://www.meticulousresearch.com/download-sample-report/cp_id=5316

The growth of the industrial cybersecurity market is driven by the rise of disruptive digital technologies, increasing frequency and sophistication of cyberattacks, cybersecurity regulations and industry compliance requirements. However, the shortage of skilled cybersecurity professionals, the complexity of securing OT environments, restrain the growth of this market.

Furthermore, cloud-based security solutions, AI and ML for threat detection, are expected to generate market growth opportunities. However, increasing use of mobile devices as attack vectors, vulnerability issues with IOT devices increasing use of mobile devices as attack vector, vulnerability issues with IOT devices are a major challenge for market stakeholders.

The industrial cybersecurity market is segmented by Component (Solution [Encryption, Data Loss Prevention, Unified Threat Management, Firewalls, Antivirus/Antimalware, Intrusion Detection/Prevention System, Security & Vulnerability Management, Disaster Recovery, Web Filtering, Identity & Access Management, Risk & Compliance Management, and DDS Management], Services [Professional Services, and Managed Services]) Security Type (Including Network, Application, Cloud, and Endpoint Security), Deployment Mode (On-Premises Deployment and Cloud-Based Deployment), End User (Industrial Manufacturing [Automotive, Aerospace & Defense, Heavy Metals & Machinery, Electronics & Electrical, FMCG, Chemicals, and Other Manufacturing Industries] Energy & Utilities, Transportation & Logistics, and Other End Users), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

The report includes an extensive assessment of the key strategic developments by leading market participants in the industry over the past five years (2021–2025). The industrial cybersecurity market has witnessed several partnerships, agreements, collaborations, mergers, and acquisitions in recent years. The key players operating in the industrial cybersecurity market are Fortinet, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), IBM Corporation (U.S.), Check Point Software Technologies Ltd. (Israel), F5, Inc. (U.S.), Mandiant, Inc. (U.S.), Broadcom, Inc. (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Intel Corporation (U.S.), Imperva, Inc. (U.S.), Cyberark Software Ltd. (U.S.), and RSA Security LLC (U.S.).

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Key Findings in the Global Industrial Cybersecurity Market Study:

On the basis of component, the global industrial cybersecurity market is segmented into two key components: solutions and services. In 2025, the solutions segment is expected to account for the largest share of 56.4% of the global industrial cybersecurity market. The large market share of this segment is attributed to heightened concerns over cybersecurity risks in industrial operations, as well as the consistent efforts by industrial stakeholders to enhance operational efficiency, reduce costs, and ensure a resilient security framework. 

On the basis of security type, the global industrial cybersecurity market is segmented into network security, application security, cloud security, endpoint security, and other security types. In 2025, the endpoint security segment is expected to account for the largest share of 40.3% of the global industrial cybersecurity market. The key factors contributing to the large market share of endpoint security segment are increasing need for organizations to protect their expanding network perimeters, which now include a wide variety of endpoints, such as computers, mobile devices, and IoT devices.

On the basis of deployment mode, the global industrial cybersecurity market is segmented into on-premise deployment and cloud-based deployment. In 2025 the cloud-based deployment segment is expected to account for the largest share of 54.7% of the global industrial cybersecurity market. The rapid evolution of cloud technologies, which offer enhanced flexibility, scalability, and cost-efficiency are the factors contributing to the large market share of the segment.

On the basis of end users, the global industrial cybersecurity market is segmented into industrial manufacturing, energy & utilities, transportation & logistics, and other end users. In 2025, the industrial manufacturing segment is expected to account for the largest share of 65.4% of the global industrial cybersecurity market. This segment’s large market share can be attributed to growing demand for real-time security monitoring, rising cybersecurity incidents, and the increasing integration of smart devices and IoT technologies in manufacturing processes.

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This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India,  South Korea, Taiwan, Singapore and  Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa ( Israel, United Arab Emirates, and Rest of Middle East & Africa).

Geographically, in 2025, North America is expected to account for the largest share of 36.1% of the global industrial cybersecurity market. The North America industrial cybersecurity market is estimated to be worth USD 8.58 billion in 2025. The large share of this regional market is mainly attributed to several key factors, including stringent regulatory frameworks, a high concentration of critical infrastructure, rapid digital transformation, and a growing number of cyber threats targeting industrial sectors.

One of the primary drivers is strict cybersecurity regulations and compliance standards enforced by government agencies. The U.S. has stringent policies such as the Cybersecurity and Infrastructure Security Agency (CISA) guidelines, National Institute of Standards and Technology (NIST) cybersecurity framework, and Industrial Control Systems (ICS) security standards. Additionally, sector-specific regulations like the North American Electric Reliability Corporation Critical Infrastructure Protection (NERC CIP) for the energy sector mandate strict cybersecurity measures for industrial systems. These regulations push enterprises to adopt advanced cybersecurity solutions to ensure compliance and prevent hefty penalties.

Moreover, North America has a strong presence of leading cybersecurity vendors and technology providers, including companies like Palo Alto Networks, Cisco, IBM, Fortinet, and CrowdStrike, which further accelerates the adoption of industrial cybersecurity solutions. These firms continuously develop innovative security solutions, including AI-driven threat detection, zero-trust architectures, and real-time monitoring tools, ensuring enterprises stay ahead of evolving cyber risks.

Despite North America’s leading position, Asia-Pacific is expected to register the highest growth rate, with a projected CAGR of 15.0% during the forecast period, largely due to the widespread integration of connected devices in developing countries. The industrial sector across the region plays a pivotal role in the economy and is undergoing rapid digital transformation, with disruptive technologies like AI, machine learning, and IoT propelling this shift. These advancements are also driving the widespread adoption of cloud solutions, further complicating the cybersecurity landscape. As the number of connected devices continues to rise, so does the vulnerability to cyberattacks, prompting businesses to invest in cutting-edge cybersecurity technologies to safeguard sensitive data and infrastructure.

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Browse the In-depth Report on:

Scope of the Report:

Global Industrial Cybersecurity Market Assessment—by Component

SolutionsEncryptionData Loss PreventionUnified Threat ManagementFirewallsAntivirus/AntimalwareIntrusion Detection/Prevention SystemSecurity & Vulnerability ManagementDisaster RecoveryWeb FilteringIdentity & Access ManagementRisk & Compliance ManagementDDS ManagementServices

Global Industrial Cybersecurity Market Assessment—by Security Type

Endpoint SecurityNetwork SecurityApplication SecurityCloud SecurityOther Security Types

Global Industrial Cybersecurity Market Assessment—by Deployment Mode

Cloud-based deploymentOn-premise deployment

Global Industrial Cybersecurity Market Assessment—by End User

Industrial ManufacturingTransportation & LogisticsEnergy & UtilitiesOther End Users

Global Industrial Cybersecurity Market Assessment—by End User

Industrial ManufacturingAutomotiveAerospace & DefenseElectronics & ElectricalChemicalsHeavy Metals & MachineryFMCGOther Manufacturing IndustriesTransportation & LogisticsEnergy & UtilitiesOther End Users

Global Industrial Cybersecurity Market Assessment—by Geography

North AmericaU.S.CanadaEuropeU.K.GermanyFranceItalySpainRest of EuropeAsia-PacificChinaSouth KoreaIndiaJapanTaiwanSingaporeRest of Asia-PacificLatin AmericaBrazilMexicoRest of Latin AmericaMiddle East and AfricaIsraelUnited Arab EmiratesRest of Middle East and Africa

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About Meticulous Research Pvt. Ltd.

We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement. Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight major sectors and 20+ geographic markets, all to deliver targeted business insights that help our clients lead in a rapidly evolving global market.

With a strong focus on problem-solving for complex business challenges, our research enables organizations to navigate change with assertion, aligning it with strategic pathways for sustainable growth. By identifying innovative and effective solutions, we empower leaders to make impactful decisions that drive operational excellence and fuel innovation. We are committed to crafting insights that enhance business performance and help our clients unlock new revenue opportunities, positioning them for long-term success in the competitive global marketplace.

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FULTON FINANCIAL CORPORATION APPOINTS DAVID S. SCHULZ TO BOARD OF DIRECTORS

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July 21, 2026

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LANCASTER, Pa., July 21, 2026 /PRNewswire/ — Fulton Financial Corporation (NASDAQ: FULT) (“Fulton”) today announced the appointment of David S. Schulz as a member of its board of directors (the “Board”) for a term commencing September 14, 2026 and expiring at Fulton’s 2027 annual meeting of shareholders.

“We’re excited to welcome Dave to Fulton’s board of directors,” said Curt Myers, Fulton Chairman, CEO, and President. “Dave brings extensive financial leadership experience gained through more than a decade of service with publicly traded companies. His expertise in finance, strategic planning, risk, and mergers and acquisitions will provide valuable perspective as we continue to execute our growth strategy and create long-term value for our shareholders, customers and communities.”

With the addition of Schulz, Fulton’s Board will have 11 members, and he will serve on the Audit and Risk committees. Schulz has also been appointed to the board of directors of Fulton’s banking subsidiary, Fulton Bank, N.A.

Schulz served as Senior Vice President and Chief Financial Officer of Wesco International, Inc. (“Wesco”) from 2016 to June 2020, Executive Vice President and Chief Financial Officer of Wesco from June 2020 to February 2026 and as Executive Vice President and Special Advisor to the CEO of Wesco from February 2026 until his retirement on May 31, 2026. 

Prior to joining Wesco, Schulz served as Senior Vice President and Chief Operating Officer of Armstrong Flooring, Inc. and was previously Senior Vice President and Chief Financial Officer of Armstrong World Industries, Inc. and Vice President of Finance of the Armstrong Building Products division.

Before joining Armstrong World Industries in 2011, he held various financial leadership roles with Procter & Gamble and The J.M. Smucker Company. He was also an officer in the United States Marine Corps.

In 2025, Schulz joined the board of Sterling Infrastructure, Inc., and he was appointed as chair of the audit committee in 2026. He also serves on the company’s compensation and talent development committee.

ABOUT FULTON FINANCIAL CORPORATION

Fulton, a $34 billion Lancaster, Pa.-based financial holding company, has more than 3,400 employees and operates more than 215 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A. Additional information on Fulton can be found at https://investor.fultonbank.com.

Contact: Steve Trapnell
717-291-2739

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SOURCE Fulton Financial Corporation

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Octavio Marquez Elected to MSA Safety Board of Directors

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58 minutes ago

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July 21, 2026

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PITTSBURGH, July 21, 2026 /PRNewswire/ — The Board of Directors of MSA Safety Inc. (NYSE: MSA), a global leader in the development of advanced industrial safety technology products and solutions, today announced that Octavio Marquez, president and chief executive officer of Diebold Nixdorf, has been elected to the company’s Board of Directors. His election was part of the MSA Board’s regular succession plans.

“We are very pleased to have the opportunity to add Octavio to the MSA Board,” said Robert A. Bruggeworth, MSA chairman. “He brings a broad range of executive leadership experience, including strategy development, capital allocation, business transformation and serving international markets, which will serve MSA well.”

“Octavio’s perspectives will be an asset to me and our entire Executive Leadership Team,” said Steven C. Blanco, MSA president and CEO. “It is a pleasure to welcome Octavio to MSA, and I look forward to working with him.”

Mr. Marquez joined Diebold Nixdorf in 2014 and has held senior leadership roles across the company’s Global Banking organization and its Americas region, including as executive vice president of Global Banking and senior vice president of the Americas. Before joining Diebold Nixdorf, Mr. Marquez held leadership positions at Dell EMC, Hewlett Packard Enterprise, IBM and NCR.

Diebold Nixdorf automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, its integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of customers every day. Headquartered in North Canton, Ohio, Diebold Nixdorf employs approximately 20,000 employees globally, supporting more than 100 countries.

Mr. Marquez holds a degree in business and finance from Universidad Iberoamericana and has completed executive education programs at MIT Sloan, The Wharton School and The University of Texas at Austin.

About MSA Safety

MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced industrial safety technology products and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2025 revenues of $1.9 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania, and employs a team of approximately 5,300 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.

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BlueFolder Field Service Software Launches New AI-Powered Features to Transform How Teams Work

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July 21, 2026

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New AI capabilities instantly surface customer insights and transform technician notes into actionable summaries to help field service teams work faster, stay aligned, and deliver better service

AUBURN, Ala., July 21, 2026 /PRNewswire/ — BlueFolder field service software recently announced the launch of two powerful new AI features: AI-Powered Customer Summaries and AI-Powered Field Notes Summarization. Together, these capabilities are designed to eliminate the time-consuming, manual work of reviewing fragmented customer records and lengthy technician notes—giving field service teams instant clarity to respond faster, make smarter decisions, and deliver exceptional service.

BlueFolder expands it’s field service and work order management suite with two exciting new AI field service features.

Built directly into the BlueFolder platform, both features leverage artificial intelligence to automatically compile and summarize complex, unstructured data into clear, easy-to-read overviews. The result: technicians, dispatchers, and managers always have the context they need, right when they need it.

AI-Powered Customer Summaries

As field service organizations grow, customer information becomes increasingly scattered across emails, service request logs, and communication histories. BlueFolder’s AI Customer Summary feature addresses this challenge head-on by consolidating those interactions into a single, actionable snapshot.

Instead of manually digging through multiple records before a service call or customer interaction, teams can now access a real-time summary highlighting key concerns, past service activity, and recent updates. The feature goes beyond basic summarization and surfaces critical business insights such as equipment past due for maintenance, approaching warranty expirations, and proactive revenue opportunities, empowering teams to recommend follow-ups or upgrades directly from the customer record.

Built-in traceability links each summary back to its original source communications, so users can validate insights with confidence, ensuring both speed and accuracy in every customer interaction.

AI-Powered Field Notes Summarization

In many service organizations, technicians log updates across multiple visits, often resulting in long, fragmented notes that are difficult to review at a glance. BlueFolder’s AI Field Notes Summarization feature solves this by automatically condensing multiple technician entries into a structured summary that highlights key milestones, actions taken, and next steps.

Rather than scrolling through pages of updates, managers and dispatchers can immediately understand job status and determine what needs to happen next, improving alignment between field and office teams, accelerating decision-making, and reducing miscommunication. The feature is especially valuable for complex or multi-day jobs, where clear continuity and smooth technician handoffs are critical to delivering consistent service. It’s another featuring making BlueFolder’s work order management software capabilities stronger every day.

“History is one of the most powerful tools a service team has — the problem is it’s usually buried. BlueFolder’s new AI features fix that. Your team walks into every interaction already knowing the customer, knowing the equipment, and exactly where things stand. That changes the entire experience,” says John Shaw, VP, Technology, Service Operations.

AI as a Core Part of the BlueFolder Platform

The launch of these two features reflects BlueFolder’s broader commitment to embedding AI throughout its field service management software as an integrated layer of intelligence that makes every workflow smarter. Rather than requiring teams to change how they work, BlueFolder’s AI capabilities are designed to surface the right information at the right moment automatically, within the tools that technicians, dispatchers, and managers already use every day.

“AI is transforming what’s possible in field service, and BlueFolder is answering that call. These features are the result of deep platform expertise and a clear vision for where the industry is headed. We’re embedding intelligence throughout the platform because we know it makes our customers more competitive, more efficient, and better positioned to grow,” says Stephen Myslicki, Group President of Field Services.

Availability

Both AI-Powered Customer Summaries and AI-Powered Field Notes Summarization are available now to BlueFolder customers as optional, easy-to-enable features within the platform. They are part of BlueFolder’s growing suite of AI-driven capabilities designed to help field service organizations operate more efficiently and scale with confidence.

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