North America Smart Grid Security Market Size, Share & Trends Analysis Report By Services, By Deployment, By Application, By Enterprise Size, By Country and Growth Forecast, 2024

List of Tables

The North America Smart Grid Security Market would witness market growth of 28.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Smart Grid Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $11,120.3 million by 2031. The Canada market is experiencing a CAGR of 29.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 29.5% during (2024 - 2031).

The smart grid security market has emerged as an important part of the global energy infrastructure as the transitions toward more advanced, interconnected, and digitalized electricity systems. Traditional power grids, which have long relied on mechanical and analog systems to manage electricity distribution, are being replaced by smart grids that leverage digital communication technologies, real-time data analytics, and automation to optimize energy efficiency, reliability, and sustainability.

Additionally, as these power grids become more sophisticated and connected, they become increasingly vulnerable to cyberattacks, data breaches, and other security threats. The smart grid infrastructure's uninterrupted and secure operation is contingent upon the development and implementation of rigorous security measures in response to the increasing complexity and digital dependency.

North America's smart grid security market is rapidly expanding, fueled by the increasing digitalization of energy systems and growing cyberattack threats. In this region, adopting smart grids is critical for enhancing energy efficiency, integrating renewable sources, and managing the rising electricity demand. Governments in the United States, Canada, and Mexico are taking significant steps to secure this infrastructure, from funding cybersecurity initiatives to enforcing stringent regulations that protect critical assets.

Based on Services, the market is segmented into Professional Services and Managed Services. Based on Deployment, the market is segmented into Cloud and On-premises. Based on Application, the market is segmented into Smart Application, Smart Meters, and Other Applications. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Security Type, the market is segmented into Network Security, Application Security, Endpoint Security, and Database Security. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Broadcom, Inc.
Cisco Systems, Inc.
IBM Corporation
Siemens AG
Oracle Corporation
Honeywell International, Inc.
ABB Group
General Electric Company
Schneider Electric SE
Hitachi, Ltd.

North America Smart Grid Security Market Report Segmentation

By Services

Professional Services
Managed Services

By Deployment

Cloud
On-premises

By Application

Smart Application
Smart Meters
Other Applications

By Enterprise Size

Large Enterprises
SMEs

By Security Type

Network Security
Application Security
Endpoint Security
Database Security

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Smart Grid Security Market, by Services
- 1.4.2 North America Smart Grid Security Market, by Deployment
- 1.4.3 North America Smart Grid Security Market, by Application
- 1.4.4 North America Smart Grid Security Market, by Enterprise Size
- 1.4.5 North America Smart Grid Security Market, by Security Type
- 1.4.6 North America Smart Grid Security Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Nov - 2024, Jun) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Smart Grid Security Market by Services

5.1 North America Professional Services Market by Region
5.2 North America Managed Services Market by Region

Chapter 6. North America Smart Grid Security Market by Deployment

6.1 North America Cloud Market by Country
6.2 North America On-premises Market by Country

Chapter 7. North America Smart Grid Security Market by Application

7.1 North America Smart Application Market by Country
7.2 North America Smart Meters Market by Country
7.3 North America Other Applications Market by Country

Chapter 8. North America Smart Grid Security Market by Enterprise Size

8.1 North America Large Enterprises Market by Country
8.2 North America SMEs Market by Country

Chapter 9. North America Smart Grid Security Market by Security Type

9.1 North America Network Security Market by Country
9.2 North America Application Security Market by Country
9.3 North America Endpoint Security Market by Country
9.4 North America Database Security Market by Country

Chapter 10. North America Smart Grid Security Market by Country

10.1 US Smart Grid Security Market
- 10.1.1 US Smart Grid Security Market by Services
- 10.1.2 US Smart Grid Security Market by Deployment
- 10.1.3 US Smart Grid Security Market by Application
- 10.1.4 US Smart Grid Security Market by Enterprise Size
- 10.1.5 US Smart Grid Security Market by Security Type
10.2 Canada Smart Grid Security Market
- 10.2.1 Canada Smart Grid Security Market by Services
- 10.2.2 Canada Smart Grid Security Market by Deployment
- 10.2.3 Canada Smart Grid Security Market by Application
- 10.2.4 Canada Smart Grid Security Market by Enterprise Size
- 10.2.5 Canada Smart Grid Security Market by Security Type
10.3 Mexico Smart Grid Security Market
- 10.3.1 Mexico Smart Grid Security Market by Services
- 10.3.2 Mexico Smart Grid Security Market by Deployment
- 10.3.3 Mexico Smart Grid Security Market by Application
- 10.3.4 Mexico Smart Grid Security Market by Enterprise Size
- 10.3.5 Mexico Smart Grid Security Market by Security Type
10.4 Rest of North America Smart Grid Security Market
- 10.4.1 Rest of North America Smart Grid Security Market by Services
- 10.4.2 Rest of North America Smart Grid Security Market by Deployment
- 10.4.3 Rest of North America Smart Grid Security Market by Application
- 10.4.4 Rest of North America Smart Grid Security Market by Enterprise Size
- 10.4.5 Rest of North America Smart Grid Security Market by Security Type

Chapter 11. Company Profiles

11.1 Broadcom, Inc.
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 SWOT Analysis
11.2 Cisco Systems, Inc.
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Regional Analysis
- 11.2.4 Research & Development Expense
- 11.2.5 Recent strategies and developments:
  - 11.2.5.1 Partnerships, Collaborations, and Agreements:
  - 11.2.5.2 Acquisition and Mergers:
- 11.2.6 SWOT Analysis
11.3 Siemens AG
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expense
- 11.3.5 Recent strategies and developments:
  - 11.3.5.1 Partnerships, Collaborations, and Agreements:
  - 11.3.5.2 Acquisition and Mergers:
- 11.3.6 SWOT Analysis
11.4 IBM Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Regional & Segmental Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
  - 11.4.5.1 Partnerships, Collaborations, and Agreements:
  - 11.4.5.2 Acquisition and Mergers:
- 11.4.6 SWOT Analysis
11.5 Oracle Corporation
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 Recent strategies and developments:
  - 11.5.5.1 Partnerships, Collaborations, and Agreements:
  - 11.5.5.2 Product Launches and Product Expansions:
- 11.5.6 SWOT Analysis
11.6 Honeywell International, Inc.
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental and Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.6.5 Recent strategies and developments:
  - 11.6.5.1 Partnerships, Collaborations, and Agreements:
  - 11.6.5.2 Product Launches and Product Expansions:
- 11.6.6 SWOT Analysis
11.7 ABB Group
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expense
- 11.7.5 Recent strategies and developments:
  - 11.7.5.1 Product Launches and Product Expansions:
- 11.7.6 SWOT Analysis
11.8 Schneider Electric SE
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Segmental and Regional Analysis
- 11.8.4 Research & Development Expense
- 11.8.5 Recent strategies and developments:
  - 11.8.5.1 Partnerships, Collaborations, and Agreements:
  - 11.8.5.2 Product Launches and Product Expansions:
- 11.8.6 SWOT Analysis
11.9 General Electric Company
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expense
- 11.9.5 Recent strategies and developments:
  - 11.9.5.1 Product Launches and Product Expansions:
- 11.9.6 SWOT Analysis
11.10. Hitachi, Ltd.
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 Research & Development Expenses
- 11.10.5 Recent strategies and developments:
  - 11.10.5.1 Partnerships, Collaborations, and Agreements:
  - 11.10.5.2 Product Launches and Product Expansions:
  - 11.10.5.3 Acquisition and Mergers:
- 11.10.6 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Smart Grid Security Market, 2020 - 2023, USD Million
TABLE 2 North America Smart Grid Security Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Smart Grid Security Market
TABLE 4 Product Launches And Product Expansions- Smart Grid Security Market
TABLE 5 Acquisition and Mergers- Smart Grid Security Market
TABLE 6 North America Smart Grid Security Market by Services, 2020 - 2023, USD Million
TABLE 7 North America Smart Grid Security Market by Services, 2024 - 2031, USD Million
TABLE 8 North America Professional Services Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Professional Services Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Managed Services Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Managed Services Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Smart Grid Security Market by Deployment, 2020 - 2023, USD Million
TABLE 13 North America Smart Grid Security Market by Deployment, 2024 - 2031, USD Million
TABLE 14 North America Cloud Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Cloud Market by Country, 2024 - 2031, USD Million
TABLE 16 North America On-premises Market by Country, 2020 - 2023, USD Million
TABLE 17 North America On-premises Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Smart Grid Security Market by Application, 2020 - 2023, USD Million
TABLE 19 North America Smart Grid Security Market by Application, 2024 - 2031, USD Million
TABLE 20 North America Smart Application Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Smart Application Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Smart Meters Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Smart Meters Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Smart Grid Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 27 North America Smart Grid Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 28 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 30 North America SMEs Market by Country, 2020 - 2023, USD Million
TABLE 31 North America SMEs Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Smart Grid Security Market by Security Type, 2020 - 2023, USD Million
TABLE 33 North America Smart Grid Security Market by Security Type, 2024 - 2031, USD Million
TABLE 34 North America Network Security Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Network Security Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Application Security Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Application Security Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Endpoint Security Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Endpoint Security Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Database Security Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Database Security Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Smart Grid Security Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Smart Grid Security Market by Country, 2024 - 2031, USD Million
TABLE 44 US Smart Grid Security Market, 2020 - 2023, USD Million
TABLE 45 US Smart Grid Security Market, 2024 - 2031, USD Million
TABLE 46 US Smart Grid Security Market by Services, 2020 - 2023, USD Million
TABLE 47 US Smart Grid Security Market by Services, 2024 - 2031, USD Million
TABLE 48 US Smart Grid Security Market by Deployment, 2020 - 2023, USD Million
TABLE 49 US Smart Grid Security Market by Deployment, 2024 - 2031, USD Million
TABLE 50 US Smart Grid Security Market by Application, 2020 - 2023, USD Million
TABLE 51 US Smart Grid Security Market by Application, 2024 - 2031, USD Million
TABLE 52 US Smart Grid Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 53 US Smart Grid Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 54 US Smart Grid Security Market by Security Type, 2020 - 2023, USD Million
TABLE 55 US Smart Grid Security Market by Security Type, 2024 - 2031, USD Million
TABLE 56 Canada Smart Grid Security Market, 2020 - 2023, USD Million
TABLE 57 Canada Smart Grid Security Market, 2024 - 2031, USD Million
TABLE 58 Canada Smart Grid Security Market by Services, 2020 - 2023, USD Million
TABLE 59 Canada Smart Grid Security Market by Services, 2024 - 2031, USD Million
TABLE 60 Canada Smart Grid Security Market by Deployment, 2020 - 2023, USD Million
TABLE 61 Canada Smart Grid Security Market by Deployment, 2024 - 2031, USD Million
TABLE 62 Canada Smart Grid Security Market by Application, 2020 - 2023, USD Million
TABLE 63 Canada Smart Grid Security Market by Application, 2024 - 2031, USD Million
TABLE 64 Canada Smart Grid Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 65 Canada Smart Grid Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 66 Canada Smart Grid Security Market by Security Type, 2020 - 2023, USD Million
TABLE 67 Canada Smart Grid Security Market by Security Type, 2024 - 2031, USD Million
TABLE 68 Mexico Smart Grid Security Market, 2020 - 2023, USD Million
TABLE 69 Mexico Smart Grid Security Market, 2024 - 2031, USD Million
TABLE 70 Mexico Smart Grid Security Market by Services, 2020 - 2023, USD Million
TABLE 71 Mexico Smart Grid Security Market by Services, 2024 - 2031, USD Million
TABLE 72 Mexico Smart Grid Security Market by Deployment, 2020 - 2023, USD Million
TABLE 73 Mexico Smart Grid Security Market by Deployment, 2024 - 2031, USD Million
TABLE 74 Mexico Smart Grid Security Market by Application, 2020 - 2023, USD Million
TABLE 75 Mexico Smart Grid Security Market by Application, 2024 - 2031, USD Million
TABLE 76 Mexico Smart Grid Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 77 Mexico Smart Grid Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 78 Mexico Smart Grid Security Market by Security Type, 2020 - 2023, USD Million
TABLE 79 Mexico Smart Grid Security Market by Security Type, 2024 - 2031, USD Million
TABLE 80 Rest of North America Smart Grid Security Market, 2020 - 2023, USD Million
TABLE 81 Rest of North America Smart Grid Security Market, 2024 - 2031, USD Million
TABLE 82 Rest of North America Smart Grid Security Market by Services, 2020 - 2023, USD Million
TABLE 83 Rest of North America Smart Grid Security Market by Services, 2024 - 2031, USD Million
TABLE 84 Rest of North America Smart Grid Security Market by Deployment, 2020 - 2023, USD Million
TABLE 85 Rest of North America Smart Grid Security Market by Deployment, 2024 - 2031, USD Million
TABLE 86 Rest of North America Smart Grid Security Market by Application, 2020 - 2023, USD Million
TABLE 87 Rest of North America Smart Grid Security Market by Application, 2024 - 2031, USD Million
TABLE 88 Rest of North America Smart Grid Security Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 89 Rest of North America Smart Grid Security Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 90 Rest of North America Smart Grid Security Market by Security Type, 2020 - 2023, USD Million
TABLE 91 Rest of North America Smart Grid Security Market by Security Type, 2024 - 2031, USD Million
TABLE 92 Key Information - Broadcom, Inc.
TABLE 93 Key Information - Cisco Systems, Inc.
TABLE 94 Key Information - Siemens AG
TABLE 95 Key Information - IBM Corporation
TABLE 96 Key Information - Oracle Corporation
TABLE 97 Key Information - Honeywell International, Inc.
TABLE 98 Key Information - ABB Group
TABLE 99 Key Information - Schneider Electric SE
TABLE 100 Key Information - General Electric Company
TABLE 101 Key Information - Hitachi, Ltd.

North America Smart Grid Security Market Size, Share & Trends Analysis Report By Services, By Deployment, By Application, By Enterprise Size, By Country and Growth Forecast, 2024 - 2031

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