Key Drivers of Growth in the Critical Infrastructure Protection Market: 2024-2029 Forecast

Webersnits17 Sep, 2024News

The global Critical Infrastructure Protection Market size is projected to grow from USD 148.1 billion in 2024 to USD 178.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period, according to new research report by MarketsandMarkets? The growth of critical infrastructure protection (CIP) solutions is propelled by the rapid expansion of Internet of Things (IoT) devices, amplifying the vulnerability landscape. Simultaneously, continuous investments in infrastructure development, particularly in energy and transportation sectors, heighten the demand for advanced protection measures.

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