anticipated to be valued at USD 135.48 billion by 2025. It is also expected to register a CAGR of 10.1% over the forecasted years, 2017 to 2025. The rising awareness about securing data and cyberspace related to national interest is expected to trigger the market growth for CIP solutions.
In 2016, the OT (operational technology) segment dominated the global market on account of increasing usage of these solutions in the operational technology, SCADA, and industrial control systems. While, the IT security segment is expected to witness a CAGR of 9.8% in the upcoming years due to the increasing need for the creation of e-governance, ICT plans, sectoral projects, and promotion of e-commerce activities.