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(IT-NEWSWIRE.COM, July 23, 2017 ) The report "Smart Grid Security Market by Solution, Service, Deployment Mode (Cloud, On-premises), Subsystem (SCADA/ICS, AMI, Demand Response, and Home Energy Management), Security Type (Endpoint, Network, Application, Database), and Region - Global Forecast to 2021", The smart grid security market is estimated to grow from USD 4.29 Billion in 2016 to USD 7.00 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.3%.
Browse 72 market data tables and 54 figures spread through 158 pages and in-depth TOC on “Smart Grid Security Market by Solution, Service, Deployment Mode (Cloud, On-premises), Subsystem (SCADA/ICS, AMI, Demand Response, and Home Energy Management), Security Type (Endpoint, Network, Application, Database), and Region - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/smart-grid-security-
market-112912959.html
Early buyers will receive 10% customization on reports.
The major forces driving the smart grid security market are global development of smart grids and increased sophistication of cyber-attacks. The smart grid security market is growing rapidly because of the growing security needs of Internet of Things (IoT) and digitization in energy sector and increased deployment of web & cloud-based business applications.
Download PDF Brochure @ http://tinyurl.com/y9kavy5j
Encryption solution to grow at the highest CAGR from 2016 to 2021
Cyber security solutions are used to secure the data, network infrastructure, and connected devices. The increasing adoption of smart grid has connected number of devices and applications through internet, which are susceptible to Advanced Persistent Threats (APTs). The encryption solution is expected to witness the highest CAGR in the global smart grid security market during the period 2016–2021. North America is expected to account for the largest market share in 2016, due to the greater awareness of cyber security and early adoption of smart grid security in the region.
Download Sample pages @ http://tinyurl.com/yboul4mf
Professional services segment to have the largest market size in 2016
The smart grid security market is also segmented by professional and managed services, out of which the professional services segment is the largest contributor in the services segment. The energy and utility companies lack security experts and are outsourcing these services to security vendors. The demand for professional services is high due to the need to address emerging cyber threats.
Speak to Analyst @ http://tinyurl.com/ya24m8uj
North America is expected to dominate the smart grid security market in 2016
MarketsandMarkets
Mr. Rohan
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Source: EmailWire.Com 
Source: EmailWire.com
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