Market Forecast By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Wireless Security, Others), By Offering (Products, Solutions & Services), By End User (Power, Utilities, Transportation, Chemicals & Manufacturing, Others), By And Competitive Landscape
Product Code: ETC4467636 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Industrial Cybersecurity Market |
Forecast period | 2025-2031 |
CAGR | 6.4% |
Growing Sector | Power & Utilities |
Australia Industrial Cybersecurity Market report thoroughly covers the market by security type, by offering, and by end user. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The industrial cybersecurity market in Australia has been witnessing significant growth over the years. With the rapid digitization of industries and increasing adoption of IoT (Internet of Things) devices, the need for robust cybersecurity solutions has become crucial to safeguard critical infrastructures from cyber threats. This growth can be attributed to factors such as increasing cyber attacks on critical infrastructures and stringent government regulations and policies regarding data security.
According to 6Wresearch, the Australia Industrial Cybersecurity Market size is anticipated to reach at a CAGR of 6.4% during the forecast period 2025-2031. The rise in cyber attacks on industrial sectors, including manufacturing, energy and utilities, transportation, and others, has led to a higher demand for robust cybersecurity solutions in Australia. Also, the advent of Industry 4.0, there has been a significant increase in digitization and automation of industrial processes in Australia. This has resulted in a larger attack surface for cybercriminals, making it imperative for industrial organizations to invest in cybersecurity solutions. Furthermore, the country’s government has implemented strict regulations and policies regarding data security, especially in critical infrastructure sectors. This is aimed at protecting the country's assets from cyber threats and ensuring the safety of citizens' personal information is projected to bolster the growth of the Australia Industrial Cybersecurity industry at a massive rate in the coming years.
The government has introduced several initiatives aimed at bolstering the industrial cybersecurity framework. One significant move has been the development of the Australian Cyber Security Centre (ACSC), which serves as a central entity for cybersecurity information, advice, and assistance for all Australians. The government has also launched the Cyber Security Strategy, allocating substantial funds to improve the nation’s cybersecurity infrastructure and capabilities.
The Australia industrial cybersecurity market is homegrown cybersecurity firms to international corporations offering specialized solutions. Companies such as IBM Australia, Cisco Systems Australia, and Palo Alto Networks are among the frontrunners, providing a range of cybersecurity products and services tailored to the unique needs of the industrial sector.
The Australia industrial cybersecurity market share is likely to increase in the coming years, influenced by the increasing digitization of industries, the evolving sophistication of cyber threats, and the government's continued investment in cybersecurity initiatives. The integration of emerging technologies such as artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) is expected to introduce new cybersecurity solutions that are more efficient, predictive, and adaptive.
According to Shivankar, Research Manager, 6Wresearch, network security emerges as the only segment experiencing notable growth in the Australia industrial cybersecurity market. This growth can be attributed to the escalating number of connected devices in industrial environments and the subsequent rise in network vulnerabilities.
Based on the end user, the utilities sector is dominating the Australia Industrial Cybersecurity Market revenue, driven by increasing concerns over the potential catastrophic consequences of cyberattacks on critical infrastructure, such as power grids and water supply systems. The digitization and integration of modern technologies into these utilities have inevitably opened up new vulnerabilities.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Industrial Cybersecurity Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Industrial Cybersecurity Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Industrial Cybersecurity Market - Industry Life Cycle |
3.4 Australia Industrial Cybersecurity Market - Porter's Five Forces |
3.5 Australia Industrial Cybersecurity Market Revenues & Volume Share, By Security Type, 2021 & 2031F |
3.6 Australia Industrial Cybersecurity Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.7 Australia Industrial Cybersecurity Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Australia Industrial Cybersecurity Market Revenues & Volume Share, By , 2021 & 2031F |
4 Australia Industrial Cybersecurity Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Industrial Cybersecurity Market Trends |
6 Australia Industrial Cybersecurity Market, By Types |
6.1 Australia Industrial Cybersecurity Market, By Security Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Industrial Cybersecurity Market Revenues & Volume, By Security Type, 2021-2031F |
6.1.3 Australia Industrial Cybersecurity Market Revenues & Volume, By Network Security, 2021-2031F |
6.1.4 Australia Industrial Cybersecurity Market Revenues & Volume, By Endpoint Security, 2021-2031F |
6.1.5 Australia Industrial Cybersecurity Market Revenues & Volume, By Application Security, 2021-2031F |
6.1.6 Australia Industrial Cybersecurity Market Revenues & Volume, By Cloud Security, 2021-2031F |
6.1.7 Australia Industrial Cybersecurity Market Revenues & Volume, By Wireless Security, 2021-2031F |
6.1.8 Australia Industrial Cybersecurity Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Industrial Cybersecurity Market, By Offering |
6.2.1 Overview and Analysis |
6.2.2 Australia Industrial Cybersecurity Market Revenues & Volume, By Products, 2021-2031F |
6.2.3 Australia Industrial Cybersecurity Market Revenues & Volume, By Solutions & Services, 2021-2031F |
6.3 Australia Industrial Cybersecurity Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Australia Industrial Cybersecurity Market Revenues & Volume, By Power, 2021-2031F |
6.3.3 Australia Industrial Cybersecurity Market Revenues & Volume, By Utilities, 2021-2031F |
6.3.4 Australia Industrial Cybersecurity Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.5 Australia Industrial Cybersecurity Market Revenues & Volume, By Chemicals & Manufacturing, 2021-2031F |
6.3.6 Australia Industrial Cybersecurity Market Revenues & Volume, By Others, 2021-2031F |
6.4 Australia Industrial Cybersecurity Market, By |
6.4.1 Overview and Analysis |
7 Australia Industrial Cybersecurity Market Import-Export Trade Statistics |
7.1 Australia Industrial Cybersecurity Market Export to Major Countries |
7.2 Australia Industrial Cybersecurity Market Imports from Major Countries |
8 Australia Industrial Cybersecurity Market Key Performance Indicators |
9 Australia Industrial Cybersecurity Market - Opportunity Assessment |
9.1 Australia Industrial Cybersecurity Market Opportunity Assessment, By Security Type, 2021 & 2031F |
9.2 Australia Industrial Cybersecurity Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.3 Australia Industrial Cybersecurity Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Australia Industrial Cybersecurity Market Opportunity Assessment, By , 2021 & 2031F |
10 Australia Industrial Cybersecurity Market - Competitive Landscape |
10.1 Australia Industrial Cybersecurity Market Revenue Share, By Companies, 2024 |
10.2 Australia Industrial Cybersecurity Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |