Oil and Gas Security Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Oil & Gas Security Systems and the Market is Segmented by Security Type (Network and Cyber Security, Surveillance, Screening, and Detection) and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Oil and Gas Security Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Oil & Gas Security Market Size

Oil and Gas Security Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.65 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Oil and Gas Security Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Oil and Gas Security Market with other markets in Technology, Media and Telecom Industry

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Security & Surveillance

Oil & Gas Security Market Analysis

The Oil and Gas Security Market is expected to register a CAGR of 4.65% during the forecast period.

  • Cyber-attacks, such as insider misuse, web application attacks, and physical risk/loss of property, have affected the oil and gas industry. Therefore, several companies are implementing effective cybersecurity solutions to combat them.
  • An increase in the expenditure by oil and gas companies on network and operational technology security and an increased trend of security and vulnerability management have bolstered the growth of the oil and gas security market. Moreover, the growing trend of bringing your device (BYOD) into the industry poses further challenges for the security infrastructure.
  • The rising energy demand and depletion of energy resources in recent years have put pressure on companies and governments to develop plans for oil and gas security system measures.
  • Adopting new technology has significantly improved efficiency and brought concerns for securing these critical infrastructures essential for building a nation. The pipeline networks of the oil and gas industry extend to a vast area, and it is not economically viable in the current competitive market to use human resources to safeguard it. It has driven the economic surveillance system's demand and created opportunities for the players. Additionally, the products and machinery components installed within the core industry must adhere to flame and explosion-proof standards.
  • Securing the resources is a paramount necessity through the totality of the product lifecycle, i.e., from the exploration, upstream, and downstream processes to the final product marketing. It is essential as they are dangerous to handle and prone to fire and other accidents. Web-based mobile surveillance units in such scenarios enable remote surveillance from a centralized or designated location and help streamline security. Aging infrastructure pushes the need for leadership for safety reasons.
  • Owing to the operation ease brought about by network-driven communication in the industry, the security features are expected to be agile as network-driven communication systems also bring in vulnerability. Harsh weather conditions, extreme operating temperatures, hazardous processes, etc., make the market challenging. It requires compliance with multiple industry and safety standards for the products used in the industry and impacts the market landscape. All these factors have been critical for the demand and are expected to drive it over the forecast period.
  • For oil, gas, and chemical businesses, the impact of COVID-19 and the oil price war is proving to be a two-pronged problem. Oil prices are falling due to failed production-cut agreements, and demand for chemicals and refined goods is slowing due to industrial slowdowns and travel restrictions in the aftermath of the global pandemic. Oil and Gas security is maintained by stringent physical and network security measures to ensure operational efficiency and minimize losses associated with security breaches. The shortfall of workers and expert security management personnel, mostly due to travel restrictions, illness, and social distancing norms, presents the Oil and Gas companies with another challenge in securing their Oil supplies and assets.

Oil & Gas Security Industry Overview

The Oil and gas security Market is highly concentrated due to the high initial investments and few buyers of the services. Some of the key players in the market are Cisco, ABB, and Microsoft. Some recent development in the market includes that in January 2023, oil and gas operators now have access to digital technologies through a recently formed cooperation between Siemens Energy and Amazon Web Service (AWS). This technology may be used to manage, monitor, and troubleshoot physical assets. In order to give customers a worldwide reach and powerful analytical capabilities over running assets, Siemens Energy and Amazon Web Services have partnered to provide Managed Detection and Response (MDR) technology.

Oil & Gas Security Market Leaders

  1. Microsoft Corporation

  2. ABB Ltd.

  3. Cisco Systems Inc.

  4. Honeywell International Inc.

  5. Schneider Electric SE

  6. *Disclaimer: Major Players sorted in no particular order
Oil and Gas Security Market Concentration
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Oil & Gas Security Market News

  • September 2022: ABB introduced ABB Ability Cyber Security Workplace (CSWP), which combines ABB and third-party security solutions into a single, all-inclusive digital platform to improve the security of the key industrial infrastructure. Engineers and operators may identify and address problems more quickly, lowering exposure to risk by making cybersecurity information more manageable and accessible.
  • April 2022: Oil India, the victim of a cyberattack that cut off its activities in Assam, received a ransom demand from the attacker for USD 75,000 (more than Rs 57 lakh). Following the company's police report, a case was opened under several provisions of the Indian Penal Code and the Information Technology Act 2000.

Oil & Gas Security Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHT

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter Five Forces
    • 4.2.1 Threat of New Entrants
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Bargaining Power of Suppliers
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Impact of COVID-19 on the Industry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rise in Spending by Oil and Gas Players on Network and Infrastructure Protection
    • 5.1.2 Government Regulations regarding Security Measures
  • 5.2 Market Restraints
    • 5.2.1 Vulnerabilities Associated with Cloud Technologies

6. MARKET SEGMENTATION

  • 6.1 By Security Type
    • 6.1.1 Network and Cyber Security
    • 6.1.2 Surveillance
    • 6.1.3 Screening and Detection
    • 6.1.4 Others Security Types
  • 6.2 Geography
    • 6.2.1 North America
    • 6.2.2 Europe
    • 6.2.3 Asia Pacific
    • 6.2.4 Latin America
    • 6.2.5 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 ABB Ltd.
    • 7.1.2 Cisco Systems Inc.
    • 7.1.3 Honeywell International Inc.
    • 7.1.4 Microsoft Corporation
    • 7.1.5 Parsons Corporation
    • 7.1.6 Schneider Electric SE
    • 7.1.7 Siemens AG
    • 7.1.8 Waterfall Security Solutions Ltd
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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Oil & Gas Security Industry Segmentation

As the oil and gas industry incorporates more connected systems and networking technologies, companies must understand the new security risks and what's required to combat them.

While the oil and gas sector may have unique challenges, it shares many of the same security challenges that other enterprises face. So the response should lean heavily on the basics of cybersecurity. The National Institute of Standards and Technology provides detailed guidance on a comprehensive set of cybersecurity guidelines and how to implement best practices for cybersecurity.

The Oil and Gas Security Market is segmented by Security Type (Network and Cyber Security, Surveillance, Screening, and Detection) and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa).

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Security Type Network and Cyber Security
Surveillance
Screening and Detection
Others Security Types
Geography North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Oil & Gas Security Market Research FAQs

What is the current Oil and Gas Security Market size?

The Oil and Gas Security Market is projected to register a CAGR of 4.65% during the forecast period (2025-2030)

Who are the key players in Oil and Gas Security Market?

Microsoft Corporation, ABB Ltd., Cisco Systems Inc., Honeywell International Inc. and Schneider Electric SE are the major companies operating in the Oil and Gas Security Market.

Which is the fastest growing region in Oil and Gas Security Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Oil and Gas Security Market?

In 2025, the North America accounts for the largest market share in Oil and Gas Security Market.

What years does this Oil and Gas Security Market cover?

The report covers the Oil and Gas Security Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Oil and Gas Security Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Oil And Gas Security Industry Report

Statistics for the 2025 Oil and Gas Security market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Oil and Gas Security analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.