The Growing Smart Grid Security Market

A new report from Pike Research entitled Smart Grid Cyber Security predicts that the cyber security market for smart grid infrastructure will grow from $1.2 billion in 2009 to $3.7 billion in 2015. During that time, the research firm says approximately $21 billion will be invested in global smart grid cyber security deployments.

"No utility wants to be the weak link in the chain," says Pike Research managing director Clint Wheelock. "The concern over grid vulnerability is driving utility technologists to work closely with systems integrators, infrastructure suppliers, and standards bodies to develop a robust framework for smart grid cyber security across multiple domains."

Click here to access the Pike Research report.