Operational Technology (OT) Security Market by Offering, Deployment Mode, Organization Size, Vertica

Shivamwm19 Oct, 2022Technology

According to a research report ?Operational Technology (OT) Security Market by Offering (Solutions and Services), Deployment Mode, Organization Size (SMEs and Large Enterprises), Verticals (BFSI, Manufacturing, Energy & Power, Oil & Gas) and Region ? Global Forecast to 2027? published by MarketsandMarkets, the global OT security market size is expected to grow from an estimated value of USD 15.5 billion in 2022 to 32.4 billion USD by 2027, at a Compound Annual Growth Rate (CAGR) of 15.8% from 2022 to 2027. Some of the factors that are driving the market growth include the increased use of digital technologies in industrial systems, stringent government regulations related to CIP to boost the adoption of OT security solutions, and convergence of IT and OT systems to fuel OT security market growth.