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United States Smart Grid Security Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The United States smart grid security market size reached US$
2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$
3.7 Billion by 2027, exhibiting a growth rate (CAGR) of
9.81% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A smart grid security system helps prevent energy frauds and preserves privacy. It also optimizes the infrastructure to regulate the flow of power and meet demands for peak time. A smart grid security system consists of various advanced components and control methods, which are integrated with communication systems to provide improved interfaces used for measurement and sensing. Moreover, it also uses different technological solutions like antivirus, antimalware, firewalls, intrusion detection, identity and access management (IAM), encryption, and data loss prevention (DLP) systems.
The United States smart grid security market is primarily driven by the increase in electricity consumption and power generation. Besides this, the growing cases of cyberattacks have also resulted in the rising adoption of smart grid security systems to secure communications and smart grid deployments. The United States also accounts for the majority of the smart grid projects. Along with this, a rise in the usage of cloud- and web-based applications across the industrial sectors is providing a positive thrust to the market growth. Furthermore, technological advancements, such as the integration of Supervisory Control and Data Acquisition (SCADA) systems and the Internet of Things (IoT), are also contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States smart grid security market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on 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 Region:
Northeast
Midwest
South
West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2021
Historical Period
2016-2021
Forecast Period
2022-2027
Units
US$ Billion
Segment Coverage
Component, Subsystem, Deployment Type, Security Type, Region
Region Covered
Northeast, Midwest, South, West
Customization Scope
10% Free Customization
Report Price and Purchase Option
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report:
How has the United States 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 United States 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 United States 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 United States 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 Region
10.1 Northeast
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Midwest
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 South
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 West
10.4.1 Market Trends
10.4.2 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: United States: Smart Grid Security Market: Major Drivers and Challenges
Figure 2: United States: Smart Grid Security Market: Sales Value (in Billion US$), 2016-2021
Figure 3: United States: Smart Grid Security Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: United States: Smart Grid Security Market: Breakup by Component (in %), 2021
Figure 5: United States: Smart Grid Security Market: Breakup by Subsystem (in %), 2021
Figure 6: United States: Smart Grid Security Market: Breakup by Deployment Type (in %), 2021
Figure 7: United States: Smart Grid Security Market: Breakup by Security Type (in %), 2021
Figure 8: United States: Smart Grid Security Market: Breakup by Region (in %), 2021
Figure 9: United States: Smart Grid Security (Solution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: United States: Smart Grid Security (Solution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: United States: Smart Grid Security (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: United States: Smart Grid Security (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: United States: Smart Grid Security (Demand Response System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: United States: Smart Grid Security (Demand Response System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: United States: Smart Grid Security (Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: United States: Smart Grid Security (Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: United States: Smart Grid Security (Home Energy Management System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: United States: Smart Grid Security (Home Energy Management System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: United States: Smart Grid Security (Advanced Metering Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: United States: Smart Grid Security (Advanced Metering Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: United States: Smart Grid Security (Other Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: United States: Smart Grid Security (Other Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Smart Grid Security (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Smart Grid Security (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: United States: Smart Grid Security (On-premise) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: United States: Smart Grid Security (On-premise) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: United States: Smart Grid Security (Endpoint Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: United States: Smart Grid Security (Endpoint Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: Smart Grid Security (Application Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: Smart Grid Security (Application Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: United States: Smart Grid Security (Database Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: United States: Smart Grid Security (Database Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: United States: Smart Grid Security (Network Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Smart Grid Security (Network Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Smart Grid Security (Other Security Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Smart Grid Security (Other Security Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Northeast: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Northeast: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Midwest: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Midwest: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: South: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: South: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: West: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: West: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: United States: Smart Grid Security Industry: SWOT Analysis
Figure 46: United States: Smart Grid Security Industry: Value Chain Analysis
Figure 47: United States: Smart Grid Security Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Smart Grid Security Market: Key Industry Highlights, 2021 and 2027
Table 2: United States: Smart Grid Security Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: United States: Smart Grid Security Market Forecast: Breakup by Subsystem (in Million US$), 2022-2027
Table 4: United States: Smart Grid Security Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
Table 5: United States: Smart Grid Security Market Forecast: Breakup by Security Type (in Million US$), 2022-2027
Table 6: United States: Smart Grid Security Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: United States: Smart Grid Security Market: Competitive Structure
Table 8: United States: Smart Grid Security Market: Key Players
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