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IoT Security Market Research Report- Forecasts From 2020 To 2025

<br>The Internet of Things (IoT) Security Market is estimated at US$698.289 million for the year 2019.The IoT security market trends include increase in the number of ransomware attacks on various IoT<br>devices. Rise in number of IoT security regulations among the developing economies and increase in malware and phishing threats among different enterprises propel the growth of the market.

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IoT Security Market Research Report- Forecasts From 2020 To 2025

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  1. IoT Security Market forecasts From 2020 To 2025

  2. DESCRIPTION The Internet of Things (IoT) Security Market is estimated at US$698.289 million for the year 2019. The growing adoption of connected devices and networks has also increased the concern related to cyber threats. IoT involves adding internet connectivity to a system of interrelated devices and digital machines. This complex integration and interconnectivity of systems have also lead to a rise in the number of cyberattacks on the devices in order to gather confidential data. As such, the demand for IoT security solutions is augmenting worldwide in order to detect, resist, and recover various IoT devices from different malicious attacks. The increase in cyberattacks on IoT devices is accelerating at an unprecedented rate with more than 2.5 billion global events till 2019. Geopolitical motivation is also leading to a rise in the number of cyberattacks across the globe. Cyber attackers are constantly using malware to take control of IoT devices or connected machines and conducting malware activities across industries such as BFSI, retail, and healthcare. Since these industries have critical and confidential data stored, it is crucial to adopt IoT security solutions, thus driving the market growth of IoT security.

  3. Key Questions Answered By The Report • What will IoT Security Market  from 2019 to 2024? • How are the major drivers and restraints affecting IoT Security Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Geography • North America • United States • Canada • Mexico • South America • Brazil • Argentina • Others

  5. Geography • Europe • Germany • France • The United Kingdom • Spain • Others • Middle East and Africa • Saudi Arabia • Israel • Others

  6. Geography • Asia Pacific • China • Japan • India • South Korea • Others

  7. Segments Covered Under Global Storage Market: • By Type • Network Security • Application Security • Cloud Security • Others • By Component • Solutions • Services • By End-User Industry • BFSI • Government • Healthcare • Transportation • Retail • Energy and Power • Others

  8. COMPANY PROFILES • Thales Group • McAfee, LLC • Accenture • IBM • Cisco Systems, Inc. • Bell Canada • Allot • Cradlepoint, Inc • Amazon Web Services, Inc. • Armis Inc.

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