Data Diode Security Products Market

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Data Diode Security Products Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Non-Ruggedized Data Diode and Ruggedized Data Diode), Application (Government, Oil & Gas, BFSI, and Others)

Publication Month: Oct 2020 | Report Code: TIPRE00015139 | No. of Pages: 153 | Category: Electronics and Semiconductor | Status: Published

In terms of revenue, the global data diode security productsmarket was valued at US$ 339.0 million in 2019 and is projected to reach US$ 430.5 million by 2027; it is expected to grow at a CAGR of 4.6% during the forecast period from 2020 to 2027.

A rapid digital revolution across the world with high penetration of digital technologies, countries are possessing growth potential and zest for digital innovation to become a prominent digital economy. For this purpose, the companies across the region are undergoing digital transformation. The Internet of Things (IoT) has been implemented in all industries; at present, every buildings and machine, roads and railways, products and processes carry sensors and exchange data. Industrial and machinery plants are connected to the internet, owing to its captivating benefits such as continuous monitoring of operating and sensor data. The industrial plants that transmit data through the internet might be vulnerable. Thus, to prevent plants from vulnerability, the systems must be protected from any forms of unauthorized access.

Data diode security products help mitigate the risks of networking highly critical systems, monitor network connections, and enable one-way data transfer. With data diodes, machinery, plant, and IT systems can transmit data through the internet without risking their integrity.

In the past few years, oil & gas facilities in the Middle East region were hit by severe Windows-based malware cyber-attack, called the Shamoon virus. This malware was designed to seek paths across networks destructively. This biggest hack in the history allows oil & gas businesses to procure numerous hard drives for the corrupted machines. Besides, the firms disconnected all of their operational systems from external connections to limit the damage. Later the industry was enlightened by the concept of data diode that helps them safely restore business activities. Hence, at present, data diodes in the Middle East region are highly installed in the oil & gas industry. Various other sectors, such as petrochemical operations, water facilities, power generation sites, and government agencies, deploy data diode security products for the safety of their infrastructure. Thus, the rising deployment of data diode security products in various industrial applications drives the global Data Diode Security Products market

Impact of COVID-19 Pandemic on Data Diode Security Products Market

Businesses across all the regions are facing severe economic difficulties as they either had to suspend their operations or reduce their activities. Due to business lockdowns, travel bans, and supply chain disruptions, all the regions are anticipated to experience economic slowdown in 2020 and most likely in 2021.

Various countries worldwide have implemented drastic measures and travel restrictions to limit the spread of COVID-19 among the population. Several countries such as the US, China, and the UK represent a major market for data diode security products adoption and growth owing to the rising government regulations to protect critical infrastructure from cyber-attacks. However, due to COVID-19, the manufacturing of various electronics components has seen a sharp decline in these countries and is expected to be under stress in 2020 and it will require time to stabilize. In addition to this, the disruptions in raw materials and electronic component supply from China will further aggravate the manufacturing industries. All these factors are expected to have a direct impact on data diode security products market growth.

Lucrative Regional Data Diode Security Products Market

Lucrative Regional Data Diode Security Products Market

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Market Insights–Data Diode Security Products Market

Growing Emphasis on Miniaturized Data Diodes

With the growing technological advancements in the electronics and semiconductor industry, components are getting compact and more robust, which leads to high-performance in systems. Several industries are demanding for light weight and compact components to increase efficiency and reduce material costs. Development in nanotechnologies is captivating growing investments from industries and governments across the world, which provides opportunities to explore the advanced nanodevices. The rising trend of miniaturization in the electronics and semiconductor industry has forced the sizes of the components to diminish. Several original equipment manufacturers (OEMs) are using miniaturized electronic components to enhance their existing products' competitiveness and deliver advanced products. The demand for compact and light weight data diode, capable of supporting high-security environments, is surging in various industries. The miniature data diode technology offers OEM system and device designers with cyber security technology and secures small devices from external cyber threats, therefore enabling a secured communication of data. In automotive application, miniaturized data diode can be integrated to allow performance data to be shared and analyzed and generate the barrier between external connections and the automobile control systems. Additionally, it is used in the IT system to protect confidential digital documents in a hard drive; thus, preventing unauthorized access. Therefore, such factors are anticipated to drive the demand for miniaturized data diodes among the masses and could potentially open the door for several miniature cyber security solutions, thus contributing to market growth during the forecast period.

Type Segment Insights

Based on type, the data diode security products market is segmented into non-ruggedized data diode and ruggedized data diode.The government organizations with highly critical assets are often active in environments, which deal with dirt, dust, turbulence, a drop or an increase in temperature, and other challenging circumstances. A ruggedized data diode is well suitable solution for such environments as it offers the same optimal network security as a regular data diode, in a heavy-duty edition. On the other hand, the non-ruggedized data diode is used in applications such as data centers, banks and financial institutions, commercial buildings and others.

Data Diode Security Products Market, by Type (% share)

Data Diode Security Products Market, by Type (% share)

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Application SegmentInsights

Based on application, the data diode security products market is segmented into BFSI, government, oil & gas, and others.Every organization is at risk of a malware or ransomware attack, systems hack, data breach, or the cybercriminal illegally accessing their network’s processing power. Yet for the high-target industries such as BFSI, government,and military,  there are higher risk profile and specific kinds of threats,which businesses within these industries requirepreparing for and defending. Thus, there is a significant adoption of data diode security products by several end use industry applications.

Strategic Insights

Report Coverage - Data Diode Security Products Market
Report CoverageDetails
Market Size Value inUS$ 339.0Million in 2019
Market Size Value byUS$ 430.5Million by 2027
Growth rateCAGR of 4.6% from 2020-2027
Forecast Period2020-2027
Base Year2020
No. of Pages153
No. of Tables61
No. of Charts & Figures71
Historical data availableYes
Segments coveredType , Application
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

  • In 2020, Forcepoint declared the launch of Forcepoint Data Diode, which is a hardware solution that offers uni-directional data flow to allow rapid and automated data transfer while ensuring compliance with regulatory guidelines. Configurable for simplified operations and maintenance.
  • In 2020, Boldon James Ltd, partnered with Deep Secure, offering malware-free, policy enforced data to protect against cyber-attacks and data non-compliances.

The global data diode security productsmarket has been segmented as follows:

Data Diode Security Products Market – By Type

  • Non-Ruggedized Data Diode
  • Ruggedized Data Diode

Data Diode Security Products Market – By Application

  • Government
  • Oil and Gas
  • BFSI
  • Others

Data Diode Security Products Market- By Region

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East and Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Data Diode Security Products Market –Companies Profiles

  • Advenica AB
  • Bae Systems PLC
  • Belden Incorporated (Grass Valley)
  • Deep Secure Ltd.
  • Fibersystem AB
  • Forcepoint
  • Fox-IT
  • Owl Cyber Defense
  • Rohde & Schwarz GmbH & Co
  • VADO Security Technologies Ltd.

Frequently Asked Questions

Presently, APAC held the largest share of the global data diode security productsmarket.APAC is constantly being targeted by cybercriminals, due to the constant growth in digital transformation as well as a rising source of vulnerability from mounting IoT connectivity. The growing cyber threat in the APAC is also majorly due to the lack of transparency, results in feeble cyber enforcements and regulations. Pertaining to these facts, the demand for data diode security products and solutions is rising in the region. Adding to this, APAC comprises prime nations such as China, India, Japan, South Korea, and Australia. Rising adoption of advanced technologies drives the adoption rate of data diode security products. Companies invest in data diode technology to streamline their business operations and protect against cyber-attacks.
The critical infrastructure of any organization needs various security products in order to ensure physical protection. Numerous systems that drive critical infrastructure runs on outdated hardware or software systems. To prevent increasing threats, the infrastructures should shift from traditional security measures to advanced solutions. Critical infrastructures across several premises incorporate data diode security products, as it offers high protection for critical systems. Moreover, with data diodes security products, legacy systems can be protected without maintaining the whole operational system. Therefore, this significant advantage of this product is compelling the global market growth.
The non-ruggedized data diodeis the leading type in theglobal data diode security products market.The non-ruggedized data diodes are usually used in the environments such as data centers, banks, and financial institutions where there is limited involvement in the challenging circumstances such as dirt, dust, drop or an increase in temperature, and others. These data diodes support companies of all sizes and shapes to create a secure network through network segregation. The advantages by utilizing non-ruggedized data diode is the capability of galvanically separate between information security zones. It also provides the possibility to manage multiple levels of security zones.

The List of Companies - Data Diode Security Products Market

  1. Advenica AB
  2. Bae Systems PLC
  3. Belden Incorporated (Grass Valley)
  4. Deep Secure Ltd.
  5. Fibersystem AB
  6. Forcepoint
  7. Fox-IT
  8. Owl Cyber Defense
  9. Rohde & Schwarz GmbH & Co
  10. VADO Security Technologies Ltd.
  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the data diode securitymarket, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to component, deployment type and application.
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