Factors driving grid cyber security market in North America


Frost & Sullivan has issued a new report analysing the North American grid cyber security market through to 2022.

The report predicts investments to increase owing to continued utility focus on modernising their energy transmission and distribution networks.

Grid systems currently in use are over 20 years old, ageing and were not built to withstand the cyber attacks of today.

Moreover, increased automation of grid networks as a result of smart grid technology and infrastructure rollout is leaving energy systems vulnerable to attacks.

This drives the need to invest in advanced grid cyber security measures enabling real-time visualisation of energy networks for resiliency and reliability.

Advanced automation and control systems include Supervisory Control and Data Acquisition, Programmable Logic Controllers and Human Machine Interfaces.

Other factors driving the market include:

  • Government mandates to protect critical infrastructure
  • Rising cyber attacks
  • Growing customer touch points along the grid
  • Increasing numbers of smart devices that need cyber protection

On the other hand, utilities’ reluctance to invest in grid cyber security frameworks and the presence of legacy energy systems along grid networks have restrained the market.

The study looks the following; Network Access & Operations, Analytics & Compliance, Security Services, Internet Property Defense and Device Management (DM).