Smart grid cyber security is the protection against serious cyber threats that affect the users in the smart grid network globally. Cyber security of the smart grid has been an area of concern for the power utility sector, due to frequent exchange of sensitive information that takes place via communication networks such as the internet, intranets, extranets, and corporate networks.
Growing electricity demand will increase the need to deploy smart grids for power supply, that additionally demand for smart meters that are used to read the power consumption rates. To protect the smart meters from cyber-attacks, there is increased adoption of smart grid cyber security solutions for consumption applications.

Market Analysis and Insights: Global Smart Grid Cyber Security Market
The global Smart Grid Cyber Security market size is projected to reach US$ 8562.5 million by 2027, from US$ 4155.2 million in 2020, at a CAGR of 10.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart Grid Cyber Security market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart Grid Cyber Security market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart Grid Cyber Security market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart Grid Cyber Security market.

Global Smart Grid Cyber Security Scope and Market Size
Smart Grid Cyber Security market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Grid Cyber Security market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Services
Solutions

Segment by Application
Consumption
Generation
Distribution and Control
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
BAE Systems
IBM
IOActive
Lockheed Martin
AlertEnterprise
AlienVault
Black and Veatch
Cisco Systems
Intel (McAfee)
Entergy Services
HP
N-Dimension Solutions
Siemens
Eaton
Sophos
Sourcefire
Symantec
ViaSat
VeriSign
Honeywell International
N-Dimension Solutions
AlertEnterprise
Leidos
Sentryo