• Cat-intel
  • MedIntelliX
  • Consulting
  • Resources
  • About Us
  • News
  • Careers
  • Contact Us
  • Login
    • Request Free Sample ×
    Operational Technology (Ot) Security Market Research Report – Forecast till 2035 Infographic

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    Operational Technology Security Market

    ID: MRFR/CO/6717-CR
    267 Pages
    Snehal Singh
    May 2025

    Operational Technology (Ot) Security Market Research Report Information by component (solution and services(OT endpoint security, OT network segmentation, anomaly detection, incident response and reporting, and others) service(professional and managed(Consulting Servies And Deployment And Implementation Services))), By deployment (on-premises, cloud, and hybrid deployments), By End-Use Industry (POWER AND ELECTRICAL, Manufacturing,( Discrete Manufacturing, Process Manufacturing) Mining, Transportation , And Others), and by Region (North Amer...

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Operational Technology (Ot) Security Market Research Report – Forecast till 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Compare License
    Summary Table of Contents Segmentation Infographic

    Operational Technology Security Market Summary

    As per Market Research Future Analysis, the Global Operational Technology (OT) Security Market was valued at USD 20,373.4 Million in 2024 and is projected to reach USD 130,213.6 Million by 2035, growing at a CAGR of 20.6% from 2025 to 2035. The market is driven by the convergence of IT and OT ecosystems and the rising risks of cyber threats to critical infrastructure. The financial industry remains particularly vulnerable, with cyber incidents doubling during the pandemic, leading to significant financial losses. The adoption of advanced analytics and AI is enhancing operational efficiencies and productivity, making it a competitive necessity for organizations.

    Key Market Trends & Highlights

    Key trends shaping the Operational Technology Security Market include advanced analytics and AI integration, increasing cyber threats, and evolving deployment strategies.

    • The market is expected to grow from USD 23,158.9 Million in 2025 to USD 130,213.6 Million by 2035.
    • The On-Premise segment dominated the market in 2024, while Hybrid deployments are projected to grow the fastest.
    • The Power & Electrical segment led the market in 2024, with Manufacturing expected to grow rapidly during the forecast period.
    • Cyber incidents have increased significantly, with financial losses quadrupling to an estimated $2.5 billion since 2017.

    Market Size & Forecast

    2024 Market Size USD 20,373.4 Million
    2035 Market Size USD 130,213.6 Million
    CAGR (2025-2035) 20.6%

    Major Players

    Key players include HCL Technologies Ltd, VMware, Inc, Honeywell International, Inc., Schneider Electric SE, Cisco Systems, Inc., Broadcom, Kaspersky Lab, General Electric, Rockwell Automation, Inc., Fortinet Inc, Palo Alto Networks Inc, and Nozomi Networks Inc.

    Operational Technology Security Market Trends

    ADOPTION OF ADVANCED ANALYTICS & AI

    Advanced analytics and artificial intelligence in operational technology are an opportunity to drive the industry towards new efficiencies and productivity. Organizations can now analyze vast amounts of data generated by industrial processes using AI-driven analytics integrated into their OT systems. It is one of the capabilities of predictive maintenance, through which algorithms analyze how equipment functions and predict failures before they happen, which may considerably reduce downtime and the costs of maintenance. Advanced analytics can also optimize operations processes by detecting gaps and suggesting improvements in real-time. 

    Additionally, such adoption supports objectives of sustainability through the optimization of energy consumption and waste minimisation, thereby making operations more environmentally friendly. Overall, the potential of advanced analytics and AI in operational technology is humongous- it gives organizations all they need to innovate, become more efficient, and aggressively grow in a very data-intensive world.

    The increasing interconnectivity of operational technology systems is creating a pressing need for robust security measures to safeguard critical infrastructure from evolving cyber threats.

    U.S. Department of Homeland Security

    Operational Technology Security Market Drivers

    Increasing Cyber Threats

    The rise in cyber threats targeting critical infrastructure is a primary driver of the Global Operational Technology (OT) Security Market Industry. As industries become more interconnected, the potential attack surface expands, making them more vulnerable to cyberattacks. For instance, the recent surge in ransomware attacks has prompted organizations to invest heavily in OT security solutions. In 2024, the market is projected to reach 20.4 USD Billion, reflecting the urgency to protect operational technology environments from malicious actors. This trend is expected to continue, with the market anticipated to grow significantly as organizations prioritize security measures.

    Market Segment Insights

    Global Operational Technology (Ot) Security

    By component, the global operational technology security market is segmented into solution and services. The solution segment is further divided into OT endpoint security, OT network segmentation, anomaly detection, incident response and reporting, and others. The service segment is further bifurcated into professional and managed services. The managed security services are deployed with multiple delivery methods to help companies assess, design, and manage security strategy and activities, and thus, protect the OT systems.

    Operational technology (OT) is a set of hardware and software that detects anomalies in the physical devices and is involved in the monitoring and control of processes and events in the enterprise. 

    OT security solution is commonly used in industrial control systems (ICS) such as SCADA systems. OT security solutions are also used to control power stations and public transportation. As this technology advances and converges with networked tech, the need for OT security grows exponentially. OT security solutions include various security technologies ranging from next-generation firewalls (NGFWs) to security information and event management (SIEM) systems to identity access and management. Based on solution, the global operational technology security market is further segmented into OT endpoint security, OT network segmentation, anomaly detection, incident response and reporting, and others.

    Global Operational Technology (Ot) Security deployment type Insights

    By deployment, the global operational technology security market is segmented based on on-premises, cloud, and hybrid deployments. OT security solutions are deployed in harshest outdoor environments and, therefore, are integrated with added reinforcement to simplify their operation and provide extended security policies in a network. The On-Premise segment dominated the global market in 2024, while the Hybrid is projected to be the fastest–growing segment during the forecast period. 

    Along with changing Industry 4.0 trends and the convergence of IT and operational technology (OT) environments, ICS infrastructure is becoming more connected to the outside world to enable production analytics and optimization. This requires converging IT and OT monitoring, security, and remote and on-premises access control capabilities. Many organizations are considering network-access-control (NAC) technology to bridge the gap between service providers and users, offering users with superior device visibility and threat response. This also allows enterprises to anticipate and control how ICS devices are securely accessed.

    Enterprises in the manufacturing and other industry verticals deploy advanced security systems that comply with their existing on-premises and cloud infrastructure.

    Figure 1: GLOBAL OPERATIONAL TECHNOLOGY (OT) SECURITY MARKET, BY DEPLOYMENT, 2024 & 2035 (USD Million)

    Global Operational Technology (Ot) Security End-Use Industry Insights

    Operational technology (OT) refers to the hardware and software used to control industrial processes. A cyber-attack on an OT environment can have serious and wide-ranging consequences, including prolonged outages of critical services, environmental damage, financial losses, and, in some cases, loss of human life. Based on the end-use industry, the global operational technology security market has been segmented into power and electrical, mining, transportation, and manufacturing, among others. The manufacturing segment is further divided into discrete manufacturing and process manufacturing. 

    The Power & Electrical segment dominated the global market in 2024, while the Manufacturing is projected to be the fastest–growing segment during the forecast period. Electric utilities around the world are focusing on digitizing operations and increasing the interconnectedness of their systems to enhance efficiency. At the same time, cyberattacks on energy infrastructure are escalating. To improve cyber resiliency, real-time visibility of all assets and network activity is needed. OT security solutions correlate detection results with operational context to generate specific, actionable alerts about potential credential theft.

    The solutions also display all vulnerabilities by vendor and severity levels in a dedicated manner. 

    It also offers a drill-down on each vulnerability for deeper troubleshooting and remediation assistance. For example, Nozomi Networks’ Guardian checks baselines for network peculiarities such as VPN access and IP ranges assigned to vendors. If a vendor activity falls outside those ranges, Guardian alerts the security and operations staff.

    Get more detailed insights about Operational Technology (Ot) Security Market Research Report – Forecast till 2035

    Request Free Sample

    Key Companies in the Operational Technology Security Market market include

    Industry Developments

    • Q2 2024: Siemens launches new OT security platform for industrial networks Siemens announced the launch of its new SINEC Security Platform, designed to provide comprehensive operational technology (OT) security for industrial networks, integrating threat detection, asset management, and compliance tools.
    • Q2 2024: Dragos expands global presence with new OT security operations center in Singapore Dragos, a leader in OT cybersecurity, opened a new security operations center in Singapore to better serve critical infrastructure and industrial clients in the Asia-Pacific region.
    • Q2 2024: Honeywell acquires SCADAfence to bolster OT cybersecurity portfolio Honeywell announced the acquisition of SCADAfence, an Israeli OT cybersecurity firm, to enhance its industrial cybersecurity offerings for critical infrastructure and manufacturing clients.
    • Q3 2024: Claroty launches xDome Secure, a new OT/IoT security platform Claroty introduced xDome Secure, a unified platform for securing operational technology and IoT environments, offering advanced threat detection and automated response capabilities.
    • Q3 2024: Nozomi Networks raises $100 million in Series E funding to accelerate OT security innovation Nozomi Networks secured $100 million in Series E funding to expand its research and development in operational technology security and grow its global market presence.
    • Q3 2024: Rockwell Automation and Cisco announce strategic partnership for OT network security Rockwell Automation and Cisco announced a strategic partnership to deliver integrated OT network security solutions, combining Rockwell’s industrial expertise with Cisco’s cybersecurity technologies.
    • Q4 2024: Tenable acquires Indegy to expand OT security capabilities Tenable, a cybersecurity company, completed the acquisition of Indegy, an OT security specialist, to strengthen its industrial cybersecurity solutions for energy and manufacturing sectors.
    • Q4 2024: ABB opens new OT cybersecurity research center in Sweden ABB inaugurated a new operational technology cybersecurity research center in Västerås, Sweden, focusing on developing advanced security solutions for industrial automation and power grids.
    • Q1 2025: Fortinet launches OT Security Fabric for critical infrastructure Fortinet unveiled its OT Security Fabric, a comprehensive suite of cybersecurity solutions tailored for critical infrastructure operators, integrating network, endpoint, and cloud security for OT environments.
    • Q1 2025: Armis raises $150 million to expand OT and IoT security platform Armis, a cybersecurity company specializing in OT and IoT security, raised $150 million in new funding to accelerate product development and global expansion.
    • Q2 2025: Microsoft announces new OT security features for Azure Defender Microsoft introduced enhanced OT security features in Azure Defender, including improved threat intelligence and automated incident response for industrial control systems.
    • Q2 2025: Siemens and Palo Alto Networks partner to deliver integrated OT security solutions Siemens and Palo Alto Networks announced a partnership to provide integrated OT security solutions, combining Siemens’ industrial expertise with Palo Alto’s advanced cybersecurity technologies

    Future Outlook

    Operational Technology Security Market Future Outlook

    The Operational Technology (OT) Security Market is projected to grow at an 18.37% CAGR from 2024 to 2035, driven by increasing cyber threats, regulatory compliance, and the adoption of IoT technologies.

    New opportunities lie in:

    • Develop advanced AI-driven security solutions for real-time threat detection.
    • Expand service offerings to include comprehensive risk assessment and compliance solutions.
    • Invest in partnerships with IoT manufacturers to enhance security integration.

    By 2035, the Operational Technology Security Market is poised for robust growth, reflecting heightened security demands and technological advancements.

    Market Segmentation

    Regional Outlook

    • US
    • Canada
    • Mexico

    Operational Technology (Ot) Security Regional Outlook

    • US
    • Canada
    • Mexico

    Operational Technology (Ot) Security Market by Deployment Outlook (USD Million, 2019-2035)

    • On-Premises
    • Hybrid
    • Cloud

    Operational Technology (Ot) Security Market by End-Use Industry Outlook (USD Million, 2019-2035)

    • Power Transmission Grid Operator Protection Relays Communication Infrastructure Substation Automation Others
    • Protection Relays
    • Communication Infrastructure
    • Substation Automation
    • Others
    • Power Distribution Grid Operator Protection Relays Communication Infrastructure Substation Automation Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 USD     20,373.4 million
    Market Size 2025 USD      23,158.9 million
    Market Size 2035 USD 130,213.6 million
    Compound Annual Growth Rate (CAGR) 20.6% (2025-2035)
    Base Year 2024
    Market Forecast Period 2025-2035
    Historical Data 2019- 2023
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered By Component, BY Deployment, BY End-Use Industry, and Region
    Geographies Covered North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
    Countries Covered The U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Sweden, Poland, Rest of Europe, ANZ, Rest of Asia-Pacific, Latin America, , Saudi Arabia, UAE, Oman, Qatar, Bahrain, Turkey, Rest of MEA.
    Key Companies Profiled HCL TECHNOLOGIES LTD, VMWARE, INC, HONEYWELL INTERNATIONAL, INC., SCHNEIDER ELECTRIC SE, CISCO SYSTEMS, INC., BROADCOM, KASPERSKY LAB, GENERAL ELECTRIC, ROCKWELL AUTOMATION, INC., PAS GLOBAL LLC (HEXAGON AB),        FORTINET INC , PALO ALTO NETWORKS INC , FORESCOUT TECHNOLOGIES INC , DARKTRACE , NOZOMI NETWORKS INC., SCADAFENCE ,among others.
    Key Market Opportunities ·         ADOPTION OF ADVANCED ANALYTICS & AI
    Key Market Dynamics ·         CONVERGENCE OF IT AND OT ECOSYSTEMS ·         RISING RISKS OF CYBER THREATS ON CRITICAL INFRASTRUCTURE

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

    Get In Touch
    Leave a Comment

    FAQs

    How much is the Global Operational Technology (Ot) Security Market?

    The Operational Technology (Ot) Security Market size is expected to be valued at USD 130,213.6 million in 2035.

    What is the growth rate of the Global Operational Technology (Ot) Security Market?

    The global market is projected to grow at a CAGR of 20.6% during the forecast period, 2025-2035.

    Which region held the largest market share in the Global Operational Technology (Ot) Security Market?

    North America had the largest share of the global market.

    Who are the key players in the Global Operational Technology (Ot) Security Market?

    The key players in the market are HCL TECHNOLOGIES LTD, VMWARE, INC, HONEYWELL INTERNATIONAL, INC., SCHNEIDER ELECTRIC SE, CISCO SYSTEMS, INC., BROADCOM, KASPERSKY LAB, GENERAL ELECTRIC, ROCKWELL AUTOMATION, INC., PAS GLOBAL LLC (HEXAGON AB), FORTINET INC, PALO ALTO NETWORKS INC, FORESCOUT TECHNOLOGIES INC, DARKTRACE, NOZOMI NETWORKS INC., SCADAFENCE, among others.

    Which By Product Type led the Global Operational Technology (Ot) Security Market?

    The Cement-based Mortar category dominated the market in 2024.

    Which By Deployment had the largest market share in the Global Operational Technology (Ot) Security Market?

    The On-Premises segment had the largest share of revenue on the global market.

    Operational Technology (Ot) Security Market Research Report – Forecast till 2035 Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials

    Global Magnesium Sulfate Market – Forecast till 2027