Summary

Canada's critical infrastructure protection market is essential for safeguarding the nation's vital systems and assets that contribute to the health, safety, security, and economic well-being of its citizens. Critical infrastructure encompasses a range of sectors, including energy, transportation, telecommunications, and public safety, which are interconnected and interdependent. Disruptions to these systems can lead to significant adverse effects, including loss of life, economic instability, and diminished public confidence. The Canadian Government, primarily through Public Safety Canada, has been actively engaged in coordinating and enhancing critical infrastructure protection. With the increasing importance of digital infrastructure, Canada has been concentrating on enhancing cyber security for critical systems. This includes regulations and standards to safeguard against cyber threats. As per the Canadian Government, ransomware is almost certainly the primary cyber threat to the reliable supply of oil and gas to Canadians, and the most likely targets for cyber threat actors intending to disrupt the oil and gas supply in Canada are bottlenecks in the oil transmission and processing stages. Potential targets include large-diameter pipelines' business and OT networks, transfer terminals, and major refining facilities. BAE Systems is a global defense, security, and aerospace company, BAE Systems offers advanced technologies and solutions to protect critical infrastructure from both physical and cyber threats. Lockheed Martin is renowned for its defense and aerospace capabilities Lockheed Martin provide integrated security solutions that enhance the resilience of critical infrastructure against a variety of risks. General Dynamics Company specializes in providing technology and services that support the protection of critical infrastructure, focusing on cybersecurity and operational technology security. Northrop Grumman is key player in the defense sector, Northrop Grumman delivers innovative security solutions aimed at protecting critical infrastructure from evolving threats.

According to the research report, "Canada Critical Infrastructure Protection Market Outlook, 2029," published by Bonafide Research, the Canada critical infrastructure protection market is anticipated to add to more than USD 1000 Million by 2024–29. The market in Canada has experienced growth due to increasing awareness of cybersecurity threats and the need for comprehensive protection measures. The rise in cyber-attacks targeting critical infrastructure has prompted the government to prioritize cybersecurity initiatives, leading to the establishment of dedicated programs such as the Canadian Centre for Cyber Security. These initiatives aim to bolster the security of operational technology networks and ensure that critical infrastructure remains protected from evolving threats. With the growing interconnectedness of critical infrastructure systems, the threat of cyber-attacks has become a major concern. In response, the Canadian government has implemented several measures to enhance the cybersecurity resilience of critical infrastructure, including the establishment of the Canadian Centre for Cyber Security and the implementation of the Cyber Security Strategy. Continuous advancements in technology, such as artificial intelligence, machine learning, and the Internet of Things (IoT), are transforming the critical infrastructure protection landscape. These technologies enhance threat detection, response capabilities, and overall system security, driving further investment in CIP solutions. Despite these efforts, there are still challenges facing the Canadian critical infrastructure protection market. One of the key challenges is the need for ongoing investment in critical infrastructure upgrades and maintenance. As Canada's infrastructure ages, it becomes increasingly vulnerable to disruptions and failures, underscoring the importance of sustained investment in critical infrastructure protection.

The largest chunk of Canada's critical infrastructure protection market is taken up by the Physical Security & Safety segment. It constitutes physical barriers, access control systems, surveillance cameras, and other facilities protecting from penetration or threats. Several factors are contributing to this dominant position of this segment. Critical infrastructure locations, including power plants, transportation sites, government buildings, among others, require high-level physical security to repel intruders, vandals, and terrorists. Moreover, the level of physicality involved with these security measures makes it a straightforward and clear investment that stakeholders can easily identify with for immediate confidence purposes. Moreover, physical security is required by law and other industry bodies thus demand is constantly high. The Cybersecurity segment is rapidly expanding in the Canadian market. The segment involves technologies and services used by digital infrastructure in its protection against cyber threats, malware, hacking, and data breach. Growth in this segment is driven by the raising digitalization of critical infrastructure, hence an expanded attack surface for cyber threats. The interconnectivity and integration of OT with IT lead to a growing risk for cyber incidents. High-profile cyber attacks on critical infrastructure worldwide have also brought about awareness and funding into cybersecurity measures. Additionally, regulatory bodies are increasingly emphasizing cybersecurity through new guidelines and standards to guarantee the resilience of digital infrastructure.

The Energy & Power segment leads the Canadian critical infrastructure protection market. The protection provided in this segment includes the protection of generation plants, transmission and distribution networks, and other energy-related infrastructural protection. This segment leads the market because energy and power systems are critical to the functioning of society and the economy. Such disruptions have a cascading effect on other vital infrastructural sectors and sensitively affect daily life. Smart grid technologies and the integration of renewable sources make the attack surface expand, thereby demanding robust security measures. At a rapid rate, the BFSI segment is touted to expand in the Canadian market, including protection of financial institutions, banking and insurance infrastructure. Growth in this segment is driven by the increasing digitization of financial services that has exposed a growing number of cyber-attacks on the financial sector. High-value assets and sensitive customer data make BFSI an attractive target for cybercriminals. Since the financial system is very interconnected, the impact of a successful attack will be very far-reaching in terms of the economy. In addition, advanced security solutions are invested in to help manage regulatory pressures and maintain customer trust within this sector. Lastly, the IT & Telecommunications sector addresses securing the digital backbone supporting communication and data exchange across all sectors. It is a critical component of availability and integrity for information and communications technologies. Government & Defense includes the protection of government buildings, defense facilities or infrastructure, and national security assets. These are critical infrastructures for the maintenance of sovereignty and public safety. Transport & Logistics is the security for transportation systems like roads, railways, airports, and seaports to ensure safe and efficient passage for people and goods. The Oil & Gas segment identifies, prevents, and mitigates threats to oil and gas production, refining, and distribution infrastructure that are critical to energy security.

The solutions segment held the largest share of the critical infrastructure protection market for Canada. Demand for hardware and software solutions developed for the protection and security of critical infrastructure assets is extremely high. This will continue to witness domination over other crucial market segments as long as technological development in the field of advanced security solutions, surveillance systems, access control solutions, intrusion detection systems, and cybersecurity software is too high. These solutions are based on very real, immediate security benefits, and that is why it gains stakeholders' priority in their existing efforts to reinforce their infrastructure against any possible threats. Moreover, in a bid to fulfill their need for complying with stringent regulatory standards, their spending on security solutions remains rather constant. Service is the fastest growing area of this Canadian security solutions market. It contains different professional services from consulting to system integration, maintenance, to managed security services. Investment in this segment is growing due to the increasing complexity of security threats and the need for the development of special expertise to fight them. With more interconnection and digitization, the support for the active implementation, facilitation, and update of implemented measures at critical infrastructures is a continuous need. The evolving threat and regulatory landscape, on the other hand, need to be monitored continuously for any adaptation, which the service providers are well poised to do. On another note, another factor that will boost the growth of security services is the increase in awareness concerning proactive security strategies and not just reactive approaches.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Critical Infrastructure Protection market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Security Type
• Physical Security & Safety
• Cybersecurity

By Vertical
• Energy & Power
• BFSI
• IT & Telecommunications
• Government & Defence
• Transport & Logistics
• Oil & Gas
• Other Verticals

By Offering
• Solutions
• Service

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Critical Infrastructure Protection industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

ページTOPに戻る

Table of Contents

Table of Contents

1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Canada Macro Economic Indicators
5. Market Dynamics
5.1. Market Drivers & Opportunities
5.2. Market Restraints & Challenges
5.3. Market Trends
5.3.1. XXXX
5.3.2. XXXX
5.3.3. XXXX
5.3.4. XXXX
5.3.5. XXXX
5.4. Covid-19 Effect
5.5. Supply chain Analysis
5.6. Policy & Regulatory Framework
5.7. Industry Experts Views
6. Canada Critical Infrastructure Protection Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast, By Security Type
6.3. Market Size and Forecast, By Vertical
6.4. Market Size and Forecast, By Verticals
6.5. Market Size and Forecast, By Region
7. Canada Critical Infrastructure Protection Market Segmentations
7.1. Canada Critical Infrastructure Protection Market, By Security Type
7.1.1. Canada Critical Infrastructure Protection Market Size, By Physical Security & Safety, 2018-2029
7.1.2. Canada Critical Infrastructure Protection Market Size, By Cybersecurity, 2018-2029
7.2. Canada Critical Infrastructure Protection Market, By Vertical
7.2.1. Canada Critical Infrastructure Protection Market Size, By Energy & Power, 2018-2029
7.2.2. Canada Critical Infrastructure Protection Market Size, By BFSI, 2018-2029
7.2.3. Canada Critical Infrastructure Protection Market Size, By IT & Telecommunications, 2018-2029
7.2.4. Canada Critical Infrastructure Protection Market Size, By Government & Defence, 2018-2029
7.2.5. Canada Critical Infrastructure Protection Market Size, By Transport & Logistics, 2018-2029
7.2.6. Canada Critical Infrastructure Protection Market Size, By Oil & Gas, 2018-2029
7.2.7. Canada Critical Infrastructure Protection Market Size, By Others, 2018-2029
7.3. Canada Critical Infrastructure Protection Market, By Verticals
7.3.1. Canada Critical Infrastructure Protection Market Size, By Solutions, 2018-2029
7.3.2. Canada Critical Infrastructure Protection Market Size, By Service, 2018-2029
7.4. Canada Critical Infrastructure Protection Market, By Region
7.4.1. Canada Critical Infrastructure Protection Market Size, By North, 2018-2029
7.4.2. Canada Critical Infrastructure Protection Market Size, By East, 2018-2029
7.4.3. Canada Critical Infrastructure Protection Market Size, By West, 2018-2029
7.4.4. Canada Critical Infrastructure Protection Market Size, By South, 2018-2029
8. Canada Critical Infrastructure Protection Market Opportunity Assessment
8.1. By Security Type, 2024 to 2029
8.2. By Vertical, 2024 to 2029
8.3. By Verticals, 2024 to 2029
8.4. By Region, 2024 to 2029
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures

Figure 1: Canada Critical Infrastructure Protection Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 2: Market Attractiveness Index, By Security Type
Figure 3: Market Attractiveness Index, By Vertical
Figure 4: Market Attractiveness Index, By Verticals
Figure 5: Market Attractiveness Index, By Region
Figure 6: Porter's Five Forces of Canada Critical Infrastructure Protection Market

List of Tables

Table 1: Influencing Factors for Critical Infrastructure Protection Market, 2023
Table 2: Canada Critical Infrastructure Protection Market Size and Forecast, By Security Type (2018 to 2029F) (In USD Million)
Table 3: Canada Critical Infrastructure Protection Market Size and Forecast, By Vertical (2018 to 2029F) (In USD Million)
Table 4: Canada Critical Infrastructure Protection Market Size and Forecast, By Verticals (2018 to 2029F) (In USD Million)
Table 5: Canada Critical Infrastructure Protection Market Size and Forecast, By Region (2018 to 2029F) (In USD Million)
Table 6: Canada Critical Infrastructure Protection Market Size of Physical Security & Safety (2018 to 2029) in USD Million
Table 7: Canada Critical Infrastructure Protection Market Size of Cybersecurity (2018 to 2029) in USD Million
Table 8: Canada Critical Infrastructure Protection Market Size of Energy & Power (2018 to 2029) in USD Million
Table 9: Canada Critical Infrastructure Protection Market Size of BFSI (2018 to 2029) in USD Million
Table 10: Canada Critical Infrastructure Protection Market Size of IT & Telecommunications (2018 to 2029) in USD Million
Table 11: Canada Critical Infrastructure Protection Market Size of Government & Defence (2018 to 2029) in USD Million
Table 12: Canada Critical Infrastructure Protection Market Size of Transport & Logistics (2018 to 2029) in USD Million
Table 13: Canada Critical Infrastructure Protection Market Size of Oil & Gas (2018 to 2029) in USD Million
Table 14: Canada Critical Infrastructure Protection Market Size of Others(2018 to 2029) in USD Million
Table 15: Canada Critical Infrastructure Protection Market Size of Solutions (2018 to 2029) in USD Million
Table 16: Canada Critical Infrastructure Protection Market Size of Service (2018 to 2029) in USD Million
Table 17: Canada Critical Infrastructure Protection Market Size of North (2018 to 2029) in USD Million
Table 18: Canada Critical Infrastructure Protection Market Size of East (2018 to 2029) in USD Million
Table 19: Canada Critical Infrastructure Protection Market Size of West (2018 to 2029) in USD Million
Table 20: Canada Critical Infrastructure Protection Market Size of South (2018 to 2029) in USD Million