Security News > 2010 > December > Secure SCADA set to prosper in the future

http://www.controlengeurope.com/article/38793/Secure-SCADA-set-to-prosper-in-the-future.aspx Control Engineering Europe 20 December 2010 New analysis from Frost & Sullivan indicates that the SCADA market is among the most rapidly growing control systems markets in the world. The report: ‘Strategic Analysis of the World SCADA Market,’ finds that the market earned revenues of $4,584.5 million in 2009 and estimates this to reach $6,902.4 million in 2016. Markets in Western Europe and North America will continue expanding over the next few years due to the increasing demand to modernise power and water and wastewater infrastructure. New infrastructure investments in the Middle East, Africa, Asia Pacific, Latin America and Russia in sectors like oil and gas, power, water and wastewater, will also spur SCADA markets to grow rapidly in these regions. The key market challenge manufacturers have to face is ensuring enhanced cyber security. Industry sectors covered as part of this research includes oil and gas, power, water and wastewater and others covering plant level SCADA (food and beverage, pharmaceuticals, chemicals, pulp and paper) and automotive and transportation. Software, hardware and services are some of the product categories covered in this research. “Oil exploration in Siberia, the North Sea, the Gulf of Mexico and North Western Africa has gained renewed interest,” said Frost & Sullivan Research Analyst Katarzyna Owczarczyk. “The need to control geographically dispersed assets drives cash rich oil majors to invest in SCADA systems, thereby supporting market expansion.” [...]

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