Global Critical Infrastructure Protection (CIP) market is expected to be worth US$92.6 billion in 2018 and is expected increase to US$118.3 billion by 2028, representing a CAGR of 2.48% during the forecast period. The majority of CIP programs that have been initiated or revised in recent times have focused on adopting a risk management approach. 
 
Under this approach, the focus is on executing previously set goals in addition to identifying major markets in the world, such as North America, Europe and Asia Pacific. It is continuously engaged in identifying major security assets, analyzing risks and formulating strategies, in order to prioritize for these mitigating risks. 
 
Cumulatively, the global market for military critical infrastructure protection is projected to value US$1141.7 billion during the forecast period and is expected to be dominated by North America, followed by Europe and Asia Pacific. North America, which has traditionally been the largest spender in the CIP market, is projected to garner a share of 33% in during 2018-2028. 
 
Expenditure in the European region, which occupies 27% of the global market share, is driven by emerging nations such as Russia, France and the UK. Asia Pacific occupies 21% of the global critical infrastructure protection market share. The Middle East is another key market which is expected to register steady growth in the global market, with a total share of 15% during 2018-2028. The remaining 5% of the market will be accounted for by the Latin American and African regions.