Press Release

Global Smart Grid Security Market Set for Explosive Growth Amid Digital Grid Transformation

Global Data Route Analytics – Pune, India – Press Release
Date: November 19, 2025

The global smart grid security market is poised for unprecedented expansion, rising from USD 5.3 billion in 2022 and projected to grow at a compound annual growth rate (CAGR) of nearly 29% through 2030. This surge is largely fueled by the accelerated digitalization of power infrastructure, mounting cybersecurity threats, and the growing reliance on AI-powered grid management systems.

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Cybersecurity: The New Backbone of Energy Infrastructure

With smart grids evolving to integrate IoT devices, AI-based analytics, advanced automation, and real-time communication protocols, grid operators face escalating risks from sophisticated cyberattacks. From protecting consumer data to ensuring the integrity of operational technology (OT), robust cybersecurity frameworks have become essential.

Utility providers are increasingly deploying real-time, AI-driven threat detection systems to monitor grid traffic, address SCADA vulnerabilities, and reinforce physical and digital grid security. Government bodies and critical infrastructure entities are also intensifying investments in next-generation smart grid defense platforms.

Smart Grid Security Market Segmentation

The market is comprehensively segmented to cover all major components, security types, deployment models, and application areas:

By Component

  • Solutions
  • Services

By Deployment Mode

  • On-Premise
  • Cloud-Based
  • Hybrid

By Security Type

  • Endpoint Security
  • Network Security
  • Application Security
  • Database Security
  • SCADA & Physical Security

By Application

  • Smart Meters
  • Smart Appliances
  • Renewable Energy Resources
  • Energy Storage Systems
  • Electric Vehicle Charging

By Industry Vertical

  • Energy & Utilities
  • IT & Telecom
  • Manufacturing
  • Government
  • Transportation
  • Others

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

Regional Insights

The market outlook spans across key geographies:

  • North America: United States, Canada
  • Europe: Germany, UK, France, Rest of Europe
  • Asia-Pacific: China, India, Japan, South Korea, Rest of APAC
  • Latin America: Brazil, Mexico, Rest of Latin America
  • Middle East & Africa: GCC, South Africa, Rest of MEA

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Key Players Driving the Market Landscape

The competitive landscape features both established leaders and specialized cybersecurity providers:

  • Siemens AG
  • IBM Corporation
  • Cisco Systems, Inc.
  • Honeywell International Inc.
  • General Electric Company
  • Fortinet, Inc.
  • ABB Ltd.
  • Palo Alto Networks, Inc.
  • Nozomi Networks Inc.
  • Dragos Inc.
  • Armis Security
  • Claroty Ltd.
  • Xage Security, Inc.
  • BAE Systems
  • Leidos Holdings, Inc.

These players are actively shaping the market through strategic partnerships, technology innovation, mergers, and new product launches aimed at strengthening smart grid infrastructure.

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About Global Data Route Analytics

Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.

Media Contact:
Srushti Tungar
Global Data Route Analytics

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