Cyber Security In Robotics Market is expected to expand its roots at a steady CAGR of 11.7% during the forecast period. The market is likely to hold a revenue of USD 3.8 billion in 2023 while it is anticipated to cross a value of USD 11.6 billion by 2033.
The research report on the market states that the higher usage of robotics and autonomous machinery is pushing end users to find cybersecurity solutions.
Furthermore, artificial intelligence is integrated with robotics to automate different industries. The booming robotics and self-working tools are trending among the geriatric population.
The substantial usage of cyber-security in robotics and autonomous systems is promoted by the increasing cyber-attacks on these systems. It multiplies to a higher loss for the end user company.
The cyber-attacks in robotics are getting common with the higher penetration of smart technology. Some common types of cyber-attacks are DDoS attacks, spoofing, tapering and reply attack.
Robots are prone to cyber-attacks at application, firmware/OS, and hardware levels. Hence, the demand of cybersecurity management services is growing rapidly. Similarily, the high utilization of AI, ML and automation in most of the industries is increasing the market growth.
The companies strengthening their security wall through the adoption of robotic cyber-security solutions. Also, cyber safety and security through inbuilt systems are transforming the market growth.
Attributes | Details |
---|---|
Cyber Security in Robotics Market CAGR (2023 to 2033) | 11.7% |
Cyber Security in Robotics Market Size (2023) | USD 3.8 billion |
Cyber Security in Robotics Market Size (2033) | USD 11.6 billion |
According to FMI analysis, the market recorded a valuation of USD 3.5 billion in 2022 from USD 2.18 billion in 2018. The market is likely to be worth USD 11.6 billion by 2033.
Short-term Growth (2023 to 2026): These attacks often result in the loss of human safety, data, and revenue. To counter this, the demand for innovative cybersecurity management services is anticipated to surge at a fast pace.
With these wide ranges of applications, the market is expected to hold USD 3.8 billion in 2023 while it is likely to reach USD 5.30 billion by 2026.
Mid-term Growth (2026 to 2029): The demand is rising for automation and robotics in healthcare, food and beverages, mining, and other space exploration programs. Furthermore, the systems saving confidential data are pushing companies to adopt cyber security solutions for robotics.
The market will reach USD 7.39 billion in 2029 from USD 5.30 billion, which was the valuation of the market in 2026.
Long-term Growth (2029 to 2033): Lastly, many defense systems are applying robots and autonomous systems for engineering and safety. These robotic systems can be misused if their control gets into the wrong hands.
Thus, the government and military entities are also deploying cyber security solutions in the systems. The market is anticipated to thrive at a slightly lower CAGR of 11.6% between 2023 and 2033.
Rise of the automation in the industrial sector is growing the cybersecurity in robotics market. On the other hand, the increased use of AI, ML and big data is also supporting the market growth.
Meanwhile, industries including security, space exploration, entertainment and healthcare are also fueling the market demand. Furthermore, industrial applications like manufacturing, food preparation, military, and customer services.
The higher financial and data theft threats through cyber-attacks are pushing the verticals including cyber security solutions for robotics and autonomous systems.
These solutions enable quick detection and response to threats, protecting the company from irreversible damage. Artificial intelligence integrating with robotic technology identifies threats beforehand, eliminating virus deployment.
Eldercare robots are usually used to notify emergency personnel when assistance is required. Furthermore, it is also used to distribute scheduled medication and communicate the patient’s health status with healthcare professionals.
These healthcare robots are prone to cyber-attacks which can lead to the loss of sensitive data and harm the user. Thus, the company introducing their robots is preinstalling the cyber security solutions.
A few of the restraints for the market are lower awareness among end users and the high cost associated with these cyber securities. Furthermore, free cyber security modules are also limiting the demand for cyber security systems in robotics. Moreover, challenging installation and complex functions are restricting the market growth.
Regions/Countries | Revenue Share % (2023) |
---|---|
United States | 38.6% |
Germany | 7.1% |
Japan | 4.7% |
Australia | 2.1% |
The Focus on Data Security Brands, AI Deployment on Business Expansion to Drive the Market
The United States market leads in terms of market share in the North American region. North America holds the dominating market share of 42.4% in 2022 while USA leading the region.
The higher frequencies of cyber threats and security issues are attributed to the increased application of robots in different verticals in the United States. Alongside this, many data security companies are therefore trying to broaden their businesses in the United States.
The proliferating demand for IoT deployment in the region is pushing organizations to unveil next-generation security platforms and systems. Furthermore, they anticipated helping them in assuring the safe adoption of cloud services and securing their networks against cyber-attacks.
Japan being the Technological and Robotic Hub is Installing Advanced Novel Solutions
The market in Japan held a market share of 4.7% in 2022. The growth is rising due to increasing demand for elder care and vehicle manufacturing robots. The market in Japan is growing, owing to the rising aged population in country.
Accroding to the data published by World Bank, the population under the age group of 65 and above was 28.3% in the country. This leads to higher sales of elder care robots. Thus, accelerating the demand for cybersecurity systems in robotics.
Engaging Partnerships to Deploy New Solutions, United Kingdom Strengthens its Robotic Security Layer
The United Kingdom market thrives at a CAGR of 11.6% during the forecast period. The growth is attributed to the rising requirement for robotics solutions in a wide range of industries in the United Kingdom. Therefore, Europe held a market share of 31.8% in 2022.
Many United Kingdom-based cyber security vendors are putting their focus on the partnership strategy. Along with players from other countries to co-develop novel solutions for deployment in industries.
Category | By Type |
---|---|
Leading Segment | Industrial Robot |
Market Share (2023) | 26.7% |
Category | By Service |
---|---|
Leading Segment | Security Assessment |
Market Share (2023) | 34.3% |
Based on type, the industrial robot segment leads as it held a market share of 26.7% in 2022. The growth is attributed to product manufacturers automating repetitive processes. Furthermore, the advent of advanced novel technologies and AI-based functionalities are also making these robots more open to security threats.
Based on service type, the security assessment segment leads as it held a market share of 34.3% in 2022. The growth of this segment is attributed to the high-risk identification, early detection, and potential threat confirmation properties of cyber security in robotics systems.
The global cyber security in the robotics market is highly fragmented and thus has a dynamic competitive nature. The focus is on spreading awareness around cybersecurity in robotics and how it affects the growing audience.
Furthermore, the key players are aiming to improve their capabilities and expertise by conducting certification and awareness programs associated with various solutions.
How can Cyber Security in Robotics Manufacturers Providers Scale their Businesses in the Market?
Market players in the market are working on the following strategies.
Market Developments
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Services, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Services, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: Latin America Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 11: Latin America Market Value (US$ Million) Forecast by Services, 2018 to 2033
Table 12: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 13: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Europe Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 15: Europe Market Value (US$ Million) Forecast by Services, 2018 to 2033
Table 16: Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 17: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: South Asia Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 19: South Asia Market Value (US$ Million) Forecast by Services, 2018 to 2033
Table 20: South Asia Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 21: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: East Asia Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 23: East Asia Market Value (US$ Million) Forecast by Services, 2018 to 2033
Table 24: East Asia Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 25: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Oceania Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 27: Oceania Market Value (US$ Million) Forecast by Services, 2018 to 2033
Table 28: Oceania Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 29: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 30: MEA Market Value (US$ Million) Forecast by Solution, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by Services, 2018 to 2033
Table 32: MEA Market Value (US$ Million) Forecast by Type, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Solution, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Services, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Type, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 9: Global Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 10: Global Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 11: Global Market Value (US$ Million) Analysis by Services, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by Services, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by Services, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 17: Global Market Attractiveness by Solution, 2023 to 2033
Figure 18: Global Market Attractiveness by Services, 2023 to 2033
Figure 19: Global Market Attractiveness by Type, 2023 to 2033
Figure 20: Global Market Attractiveness by Region, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Solution, 2023 to 2033
Figure 22: North America Market Value (US$ Million) by Services, 2023 to 2033
Figure 23: North America Market Value (US$ Million) by Type, 2023 to 2033
Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 28: North America Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 29: North America Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 30: North America Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 31: North America Market Value (US$ Million) Analysis by Services, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Services, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Services, 2023 to 2033
Figure 34: North America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 37: North America Market Attractiveness by Solution, 2023 to 2033
Figure 38: North America Market Attractiveness by Services, 2023 to 2033
Figure 39: North America Market Attractiveness by Type, 2023 to 2033
Figure 40: North America Market Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Market Value (US$ Million) by Solution, 2023 to 2033
Figure 42: Latin America Market Value (US$ Million) by Services, 2023 to 2033
Figure 43: Latin America Market Value (US$ Million) by Type, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) Analysis by Services, 2018 to 2033
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Services, 2023 to 2033
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Services, 2023 to 2033
Figure 54: Latin America Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 57: Latin America Market Attractiveness by Solution, 2023 to 2033
Figure 58: Latin America Market Attractiveness by Services, 2023 to 2033
Figure 59: Latin America Market Attractiveness by Type, 2023 to 2033
Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 61: Europe Market Value (US$ Million) by Solution, 2023 to 2033
Figure 62: Europe Market Value (US$ Million) by Services, 2023 to 2033
Figure 63: Europe Market Value (US$ Million) by Type, 2023 to 2033
Figure 64: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 68: Europe Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 69: Europe Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 70: Europe Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 71: Europe Market Value (US$ Million) Analysis by Services, 2018 to 2033
Figure 72: Europe Market Value Share (%) and BPS Analysis by Services, 2023 to 2033
Figure 73: Europe Market Y-o-Y Growth (%) Projections by Services, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 75: Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 76: Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 77: Europe Market Attractiveness by Solution, 2023 to 2033
Figure 78: Europe Market Attractiveness by Services, 2023 to 2033
Figure 79: Europe Market Attractiveness by Type, 2023 to 2033
Figure 80: Europe Market Attractiveness by Country, 2023 to 2033
Figure 81: South Asia Market Value (US$ Million) by Solution, 2023 to 2033
Figure 82: South Asia Market Value (US$ Million) by Services, 2023 to 2033
Figure 83: South Asia Market Value (US$ Million) by Type, 2023 to 2033
Figure 84: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 85: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 86: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 88: South Asia Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 89: South Asia Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 90: South Asia Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 91: South Asia Market Value (US$ Million) Analysis by Services, 2018 to 2033
Figure 92: South Asia Market Value Share (%) and BPS Analysis by Services, 2023 to 2033
Figure 93: South Asia Market Y-o-Y Growth (%) Projections by Services, 2023 to 2033
Figure 94: South Asia Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 95: South Asia Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 96: South Asia Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 97: South Asia Market Attractiveness by Solution, 2023 to 2033
Figure 98: South Asia Market Attractiveness by Services, 2023 to 2033
Figure 99: South Asia Market Attractiveness by Type, 2023 to 2033
Figure 100: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 101: East Asia Market Value (US$ Million) by Solution, 2023 to 2033
Figure 102: East Asia Market Value (US$ Million) by Services, 2023 to 2033
Figure 103: East Asia Market Value (US$ Million) by Type, 2023 to 2033
Figure 104: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 105: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 107: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 108: East Asia Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 109: East Asia Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 110: East Asia Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) Analysis by Services, 2018 to 2033
Figure 112: East Asia Market Value Share (%) and BPS Analysis by Services, 2023 to 2033
Figure 113: East Asia Market Y-o-Y Growth (%) Projections by Services, 2023 to 2033
Figure 114: East Asia Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 115: East Asia Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 117: East Asia Market Attractiveness by Solution, 2023 to 2033
Figure 118: East Asia Market Attractiveness by Services, 2023 to 2033
Figure 119: East Asia Market Attractiveness by Type, 2023 to 2033
Figure 120: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 121: Oceania Market Value (US$ Million) by Solution, 2023 to 2033
Figure 122: Oceania Market Value (US$ Million) by Services, 2023 to 2033
Figure 123: Oceania Market Value (US$ Million) by Type, 2023 to 2033
Figure 124: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 127: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 128: Oceania Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 129: Oceania Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 130: Oceania Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 131: Oceania Market Value (US$ Million) Analysis by Services, 2018 to 2033
Figure 132: Oceania Market Value Share (%) and BPS Analysis by Services, 2023 to 2033
Figure 133: Oceania Market Y-o-Y Growth (%) Projections by Services, 2023 to 2033
Figure 134: Oceania Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 135: Oceania Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 136: Oceania Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 137: Oceania Market Attractiveness by Solution, 2023 to 2033
Figure 138: Oceania Market Attractiveness by Services, 2023 to 2033
Figure 139: Oceania Market Attractiveness by Type, 2023 to 2033
Figure 140: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 141: MEA Market Value (US$ Million) by Solution, 2023 to 2033
Figure 142: MEA Market Value (US$ Million) by Services, 2023 to 2033
Figure 143: MEA Market Value (US$ Million) by Type, 2023 to 2033
Figure 144: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 145: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 146: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 147: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 148: MEA Market Value (US$ Million) Analysis by Solution, 2018 to 2033
Figure 149: MEA Market Value Share (%) and BPS Analysis by Solution, 2023 to 2033
Figure 150: MEA Market Y-o-Y Growth (%) Projections by Solution, 2023 to 2033
Figure 151: MEA Market Value (US$ Million) Analysis by Services, 2018 to 2033
Figure 152: MEA Market Value Share (%) and BPS Analysis by Services, 2023 to 2033
Figure 153: MEA Market Y-o-Y Growth (%) Projections by Services, 2023 to 2033
Figure 154: MEA Market Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 155: MEA Market Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 156: MEA Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 157: MEA Market Attractiveness by Solution, 2023 to 2033
Figure 158: MEA Market Attractiveness by Services, 2023 to 2033
Figure 159: MEA Market Attractiveness by Type, 2023 to 2033
Figure 160: MEA Market Attractiveness by Country, 2023 to 2033
Cyber security in robotics market held a value of USD 3.5 billion in 2022.
The market holds a value of USD 3.8 billion in 2023.
The market is anticipated to hold a share of USD 11.6 billion by 2033.
The market is expected to have a CAGR of 11.7% by 2033.
Based on type, industrial leads in the market as it held a market share of 26.7% in 2022.
The security assessment segment held a leading market share of 34.3% in the market in 2022.
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