Fairfield Market Research Oil and Gas Cybersecurity Market to Reach US$44.2 Bn by 2030
Oil and Gas Cybersecurity Market

Oil and Gas Cybersecurity Market

Global Oil and Gas Cybersecurity Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 -(By Type Coverage, By Sector Coverage, By Component Coverage, By Geographic Coverage and Leading Companies)

Published Date: Nov 2023 | Format: | No. of Pages: 236

Industry: Energy & Natural Resources | Author Name: Hrishikesh

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FAQ : Oil and Gas Cybersecurity Market

Global oil & gas cybersecurity market is anticipated to reach a valuation of US$44.2 Bn by the end of 2030.

Globally, the top five players in the oil & gas cybersecurity industry include Intel, Symantec, CISCO, Parson, and Microsoft.

In 2022, North America constituted 44.3% of the global oil & gas cybersecurity market. In terms of value, Asia Pacific is expected to register a CAGR of 6.4% from 2023-2030.

In terms of type, the cloud security segment dominated the market and constituted 55.4% share in 2022. In terms of sector, upstream segment constituted more than 54.7% share of the global oil & gas cybersecurity market in 2022. In terms of component, services segment constituted more than 39.3% share of the global oil & gas cybersecurity market in 2022.

Due to the COVID-19 pandemic, oil prices had collapsed owing to lower demand in industrial and automotive. This impacted growth in cybersecurity investments in the oil & gas business across the globe.
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