Europe Data Diode Security Products Market Growth Opportunities and Forecast by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

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

Report Date : Nov 2020
Report Code : TIPRE00016355

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 98

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The data diode security products market in Europe is expected to grow from US$ 96.81 million in 2019 to US$ 117.62 million by 2027; it is estimated to grow at a CAGR of 4.0% from 2020 to 2027.

UK, Germany, France, Italy and Russia in Europe. Data diode security products at high demand among industrial applications is boosting the Europe airport data diode security products market. A rapid digital revolution across the Europe 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. Thus, the rising deployment of data diode security products in various industrial applications drives the demand for data diode security products, which would ultimately drive the data diode security products market in Europe.

Also the ongoing COVID-19 is having a negative impact over Europe region. Due to COVID-19 outbreak, Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region. Businesses in the region are facing severe economic difficulties as they either had to suspend their operations or reduce their activities in a substantial manner. The region is a major manufacturing and industrial hub for sectors such as automotive and electronics sector. Hence, due to business lockdowns, travel bans, and supply chain disruptions, the region is anticipated to experience economic slowdown in 2020 and most likely in 2021 also. The member states of Europe such as Italy, Spain and Germany have implemented drastic measures and travel restrictions to limit the spread of coronavirus among its citizens. European countries 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 European 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 in this region. All these factors are expected to have a direct impact on data diode security products market growth in European countries. Italy, Germany, UK, and France data diode security products markets are anticipated to see the worst impact in 2020 and likely in 2021 also.

With the new features and technologies, vendors can attract new customers and expand their footprints in data diode security products market. This factor is likely to drive the Europe data diode security products market. The Europe data diode security products market is expected to grow at a prominent CAGR during the forecast period.

Europe Data Diode Products Market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe Data Diode Products Market Segmentation

Europe Data Diode Products Market – By Type

Non-Ruggedized Data Diode
Ruggedized Data Diode

Europe Data Diode Products Market – By Application

Government
Oil & Gas
BFSI
Others

Europe Data Diode Products Market, by Country

France
Germany
Italy
Russia
UK
Rest of Europe

Europe Data Diode Products Market - Companies Mentioned

Advencia AB
BAE Systems
Belden Inc.
Deep Secure Ltd
Fibersystem AB
Forcepoint
Fox-IT Holding B.V.
Rohde & Schwarz GmbH & Co.

Europe Data Diode Security Products Report Scope

Report Attribute	Details
Market size in 2019	US$ 96.81 Million
Market Size by 2027	US$ 117.62 Million
Global CAGR (2020 - 2027)	4.0%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Type Non-Ruggedized Data Diode and Ruggedized Data Diode By Application Government Oil & Gas BFSI
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Advencia AB BAE Systems Belden Inc. Deep Secure Ltd Fibersystem AB Forcepoint Fox-IT Holding B.V. Rohde & Schwarz GmbH & Co.

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Europe Data Diode Security Products Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Europe Data Diode Security Products Market Report Snapshots

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