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Latin America Smart Grid Security Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Latin America smart grid security market is currently witnessing robust growth. Smart grid security provides safety to power grids, communication systems and information technology (IT) systems. It also maintains a stable and reliable power system operation during emergencies and failure of power system components. Smart grid security solutions are increasingly being adopted in IT-based electrical power systems due to the surge in the cases of cybersecurity vulnerabilities and the growing concerns regarding the importance of cybersecurity in the Latin American region.

The Latin America smart grid security market is primarily driven by rapid urbanization and the consequently rising need to meet the growing energy demand. This has resulted in the adoption of energy-efficient smart grids, which, in turn, is propelling the market growth. Additionally, with the growing demand for efficient, reliable, economical, and clean energy distribution across the region, the adoption of smart grids is increasing. These grids use various technologies, such as advanced components and control methods, integrated communication, improved decision support and interfaces, and measurement and sensing. On account of these factors, the market is expected to continue its robust growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America smart grid security market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, component, subsystem, deployment type and security type.

Breakup by Component:

  • Solution
    • Encryption
    • Antivirus and Antimalware
    • Identity and Access Management (IAM)
    • Firewall
    • Others
  • Services
    • Managed Services
    • Professional Services
    • Others
       

Breakup by Subsystem:

  • Demand Response System
  • Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System (ICS)
  • Home Energy Management System
  • Advanced Metering Infrastructure
  • Others
     

Breakup by Deployment Type:

  • Cloud-based
  • On-premise
     

Breakup by Security Type:

  • Endpoint Security
  • Application Security
  • Database Security
  • Network Security
  • Others
     

Breakup by Country:

  • Brazil
  • Mexico
  • Argentina
  • Columbia
  • Chile
  • Peru
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the Latin America smart grid security market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Latin America smart grid security market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the subsystem?
  • What is the breakup of the market based on the deployment type?
  • What is the breakup of the market based on the security type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Latin America smart grid security market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Latin America Smart Grid Security Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Solution
        6.1.1 Market Trends
        6.1.2 Major Types
           6.1.2.1 Encryption
           6.1.2.2 Antivirus and Antimalware
           6.1.2.3 Identity and Access Management (IAM)
           6.1.2.4 Firewall
           6.1.2.5 Others
        6.1.3 Market Forecast
    6.2    Services
        6.2.1 Market Trends
        6.2.2 Major Types
           6.2.2.1 Managed Services
           6.2.2.2 Professional Services
           6.2.2.3 Others
        6.2.3 Market Forecast
7    Market Breakup by Subsystem
    7.1    Demand Response System
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System (ICS)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Home Energy Management System
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Advanced Metering Infrastructure
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Deployment Type
    8.1    Cloud-based
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    On-premise
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Security Type
    9.1    Endpoint Security
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Application Security
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Database Security
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Network Security
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Country
    10.1    Brazil
        10.1.1 Market Trends
        10.1.2 Market Breakup by Component
        10.1.3 Market Breakup by Subsystem
        10.1.4 Market Breakup by Deployment Type
        10.1.5 Market Breakup by Security Type
        10.1.6 Market Forecast
    10.2    Mexico
        10.2.1 Market Trends
        10.2.2 Market Breakup by Component
        10.2.3 Market Breakup by Subsystem
        10.2.4 Market Breakup by Deployment Type
        10.2.5 Market Breakup by Security Type
        10.2.6 Market Forecast
    10.3    Argentina
        10.3.1 Market Trends
        10.3.2 Market Breakup by Component
        10.3.3 Market Breakup by Subsystem
        10.3.4 Market Breakup by Deployment Type
        10.3.5 Market Breakup by Security Type
        10.3.6 Market Forecast
    10.4    Columbia
        10.4.1 Market Trends
        10.4.2 Market Breakup by Component
        10.4.3 Market Breakup by Subsystem
        10.4.4 Market Breakup by Deployment Type
        10.4.5 Market Breakup by Security Type
        10.4.6 Market Forecast
    10.5    Chile
        10.5.1 Market Trends
        10.5.2 Market Breakup by Component
        10.5.3 Market Breakup by Subsystem
        10.5.4 Market Breakup by Deployment Type
        10.5.5 Market Breakup by Security Type
        10.5.6 Market Forecast
    10.6    Peru
        10.6.1 Market Trends
        10.6.2 Market Breakup by Component
        10.6.3 Market Breakup by Subsystem
        10.6.4 Market Breakup by Deployment Type
        10.6.5 Market Breakup by Security Type
        10.6.6 Market Forecast
    10.7    Others
        10.7.1 Market Trends
        10.7.2 Market Breakup by Component
        10.7.3 Market Breakup by Subsystem
        10.7.4 Market Breakup by Deployment Type
        10.7.5 Market Breakup by Security Type
        10.7.6 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Latin America: Smart Grid Security Market: Major Drivers and Challenges
Figure 2: Latin America: Smart Grid Security Market: Sales Value (in Million US$), 2015-2020
Figure 3: Latin America: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Latin America: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 5: Latin America: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 6: Latin America: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 7: Latin America: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 8: Latin America: Smart Grid Security Market: Breakup by Country (in %), 2020
Figure 9: Latin America: Smart Grid Security (Solution) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Latin America: Smart Grid Security (Solution) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Latin America: Smart Grid Security (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Latin America: Smart Grid Security (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Latin America: Smart Grid Security (Demand Response System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Latin America: Smart Grid Security (Demand Response System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Latin America: Smart Grid Security (Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Latin America: Smart Grid Security (Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Latin America: Smart Grid Security (Home Energy Management System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Latin America: Smart Grid Security (Home Energy Management System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Latin America: Smart Grid Security (Advanced Metering Infrastructure) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Latin America: Smart Grid Security (Advanced Metering Infrastructure) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Latin America: Smart Grid Security (Other Subsystems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Latin America: Smart Grid Security (Other Subsystems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Latin America: Smart Grid Security (Cloud-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Latin America: Smart Grid Security (Cloud-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Latin America: Smart Grid Security (On-premise) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Latin America: Smart Grid Security (On-premise) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Latin America: Smart Grid Security (Endpoint Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Latin America: Smart Grid Security (Endpoint Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Latin America: Smart Grid Security (Application Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Latin America: Smart Grid Security (Application Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Latin America: Smart Grid Security (Database Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Latin America: Smart Grid Security (Database Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Latin America: Smart Grid Security (Network Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Latin America: Smart Grid Security (Network Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Latin America: Smart Grid Security (Other Security Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Latin America: Smart Grid Security (Other Security Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Brazil: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Brazil: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 39: Brazil: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 40: Brazil: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 41: Brazil: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 42: Brazil: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Mexico: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Mexico: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 45: Mexico: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 46: Mexico: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 47: Mexico: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 48: Mexico: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Argentina: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Argentina: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 51: Argentina: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 52: Argentina: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 53: Argentina: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 54: Argentina: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Columbia: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Columbia: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 57: Columbia: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 58: Columbia: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 59: Columbia: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 60: Columbia: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Chile: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Chile: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 63: Chile: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 64: Chile: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 65: Chile: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 66: Chile: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Peru: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Peru: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 69: Peru: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 70: Peru: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 71: Peru: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 72: Peru: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Others: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Others: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Latin America: Smart Grid Security Industry: SWOT Analysis
Figure 76: Latin America: Smart Grid Security Industry: Value Chain Analysis
Figure 77: Latin America: Smart Grid Security Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Latin America: Smart Grid Security Market: Key Industry Highlights, 2020 and 2026
Table 2: Latin America: Smart Grid Security Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Latin America: Smart Grid Security Market Forecast: Breakup by Subsystem (in Million US$), 2021-2026
Table 4: Latin America: Smart Grid Security Market Forecast: Breakup by Deployment Type (in Million US$), 2021-2026
Table 5: Latin America: Smart Grid Security Market Forecast: Breakup by Security Type (in Million US$), 2021-2026
Table 6: Latin America: Smart Grid Security Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 7: Latin America: Smart Grid Security Market: Competitive Structure
Table 8: Latin America: Smart Grid Security Market: Key Players

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