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Operational Technology (OT) Security Market Research Report – Segmentation By Component, Security Type, Industry Vertical, and Geography – Industry Size, Share, Growth, Trends, and COVID19 Impact Analysis | Forecast (2023 – 2030)

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Frequently Asked Questions

Operational technology (OT) security refers to the protection of critical infrastructure assets, such as power plants, manufacturing plants, and transportation systems, from cyber-attacks and physical threats.

The growth of the OT security market is driven by factors such as increasing cyber-attacks on critical infrastructure, increasing government regulations and standards for OT security, and the growing adoption of Industrial Internet of Things (IIoT) technologies.

The major challenges facing the OT security market include the lack of awareness about OT security among end-users, the shortage of skilled cybersecurity professionals, and the high cost of OT security solutions.

North America is expected to dominate the OT security market due to the high adoption of OT security solutions in the region.

The key players in the OT security market include ABB Ltd., Bayshore Networks, Cisco Systems, Inc., Honeywell International Inc., IBM Corporation, Kaspersky Lab, McAfee, LLC, Schneider Electric SE, Siemens AG, and Symantec Corporation.

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