ICS Security Market 2026 Report: Expected to Reach $29.21 Billion by 2030

[Cengiz Özemli]

## ICS Security Market 2026 Report: Expected to Reach $29.21 Billion by 2030

The increasing connectivity of industrial control systems, the rise in cyberattacks on critical infrastructure, and tightening regulatory oversight are driving the growth of the ICS security market.

### Growth Expectations for the ICS Security Market

The industrial control systems security market, valued at $18.35 billion in 2025, is projected to reach $20.17 billion in 2026 with a compound annual growth rate (CAGR) of 9.9%. By 2030, it is expected to rise to $29.21 billion with a CAGR of 9.7%. This growth is supported by the increasing connectivity of ICS, critical infrastructure facing cyberattacks, the proliferation of remote industrial operations, and the growing demand for SCADA system modernization.

### Cyberattacks and Their Impact on the ICS Market

The increase in cyberattacks targeting critical infrastructure is boosting demand for ICS security solutions. Critical infrastructure includes electricity grids, water systems, communication networks, transportation systems, and financial and public institutions. Organizations are compelled to implement robust security measures to protect their systems and assets from evolving cyber threats.

For example, in October 2024, according to data from Israel-based Check Point Software Technologies Ltd., cyberattacks in the US increased by 56% compared to the previous year, reaching an average of 1,300 attacks per week. This situation is increasing the need for ICS security solutions.

### Innovative Solutions in the ICS Market

A significant market trend is the development of innovative security solutions such as AI-powered and automated risk assessment platforms. In September 2024, Singapore-based MicroSec introduced CyberAssessor for OT/ICS, an AI-powered automated cybersecurity assessment platform compliant with the ISA/IEC 62443 standard. This platform automates risk and compliance assessment for devices and third-party hardware and software across multiple facilities.

### Leading Companies and Investments

In September 2025, Japan's Mitsubishi Electric acquired US-based Nozomi Networks for $883 million. With this move, Mitsubishi Electric aims to offer a comprehensive industrial cybersecurity solution by integrating Nozomi's cloud-based, AI-powered OT/IoT security platform.

Key market players include ABB Group, Honeywell International, Cisco Systems, Fortinet, Palo Alto Networks, CyberArk, Check Point, Darktrace, Kaspersky Lab, Nozomi Networks, Cyberbit, Belden, FireEye, Claroty, Sophos, Dragos, Tenable, IBM, Broadcom, Rockwell Automation, Trend Micro, Schneider Electric, Radiflow, and others.

### About the ICS Security Market Research Report

This report is an important resource that comprehensively analyzes the regional distribution, competitive landscape, industry trends, and future opportunities of the ICS security market. It provides detailed statistics and insights necessary for success in the industrial control systems sector.