- In April 2024, Siemens launched Siemens Xcelerator, a tool designed to automatically identify vulnerabilities in production assets, emphasizing the importance of detecting and addressing security gaps in industrial systems
- In September 2023, Huawei Technologies Co., Ltd. unveiled its intelligent architecture and E&P solutions for the oil and gas sector, featuring six key components, including AI models and connectivity, which integrate seamlessly with third-party platforms
- In January 2023, Waterfall Security Solutions partnered with Yokogawa to enhance the security measures for Yokogawa's customers, focusing on better protecting critical industrial infrastructures. This collaboration aims to strengthen defenses against targeted ransomware and nation-state cyberattacks. By combining Waterfall's expertise with Yokogawa's technology, the partnership seeks to provide more robust security solutions for industrial operations
- In September 2022, ABB introduced ABB Ability Cyber Security Workplace (CSWP), a unified platform that consolidates security solutions from various providers, allowing quicker identification and resolution of cybersecurity issues to enhance the protection of critical infrastructure
Frequently Asked Questions
The market is segmented based on Global Oil and Gas Security and Service Market Segmentation, By Component (Solution and Services), Operation (Upstream, Midstream and Downstream), Security Type (Cyber Security, Security Services, Command and Control, Screening and Detection, Surveillance, and Access Control and Perimeter Security), Application (Exploring and Drilling, Transportation, Pipelines, Distribution and Retail Services and Others) – Industry Trends and Forecast to 2032
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The Global Oil And Gas Security And Service Market size was valued at USD 453.48 USD Million in 2024.
The Global Oil And Gas Security And Service Market is projected to grow at a CAGR of 5.2% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
