IoT Security Market Share, Size, Growth Analysis, Demand by Region and Forecast Till 2025

1. Global IoT Security Market Research Report and Forecast 2025 Report Edition: 2020 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2020 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global IoT Security Market Overview: As per the latest report by IMARC Group, titled “IoT Security Market: Global Industry Trends, Share, size, Growth, Opportunity and Forecast 2020-2025,” the global IoT security market size reached US$ 10.2 Billion in 2019. Internet of things (IoT) assists in creating smart communication environment by connecting devices like industrial equipment and consumer objects to a network, gathering information and managing these devices using software to increase efficiency. Some of the key components of IoT are radio frequency identification (RFID), wireless sensor network (WSN), near field communication (NFC), cloud services, gateways, data storage and analytics, and visualization elements. At present, there is a rise in the demand for IoT security as it eradicates vulnerabilities and equips IoT devices with the means to detect, resist and recover from malicious attacks. Global IoT Security Market Trends: Several high-profile data breach incidents have been reported recently wherein a common IoT device was employed as a tool to attack a larger network. Such incidences, in confluence with the rising threat of cyber terrorism and rapid adoption of IoT technologies, is strengthening the market growth. Besides this, increasing automation in various industry verticals, along with the construction of smart cities, is creating a requirement for enhanced and effective security solutions.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ In Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 This aids in safeguarding highly sensitive personal and organizational data from malware injection. Moreover, the growing trend of Bring Your Owen Device (BYOD) in corporate organizational setups is anticipated to contribute to the market growth in the coming years. On account of these factors, the market value is projected to reach US$ 40.7 Billion by 2025, expanding at a CAGR of around 26% during the forecast period (2020-2025). Request for a free sample report: https://www.imarcgroup.com/iot-security-market/requestsample

5. Report Description and Highlights Report Description IoT Security Market Segmentation Market Segmentation by Component • • Solutions Services Based on the component, the market has been bifurcated into solutions and services, wherein IoT security solutions represent the biggest segment. Market Segmentation by Vertical • • • • • • • Energy and Utilities Manufacturing Automotive Transport Consumer Electronics Healthcare Others

6. Report Description and Highlights Report Description The market has been analyzed on the basis of the vertical into energy and utilities, manufacturing, automotive, transport, consumer electronics, healthcare and others. Amongst these, energy and utilities account for the majority of the total market share. For more information, click here: https://www.imarcgroup.com/iot-security-market Market Segmentation by Region • • • • • Asia Pacific Europe North America Latin America Middle East and Africa Region-wise, Asia Pacific enjoys the leading position in the market. It is further segregated into China, Japan, India, South Korea, Australia, Indonesia and others. Other major regions include Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); North America (the United States and Canada); Latin America (Brazil, Mexico, Argentina, Columbia, Chile, Peru and others); and Middle East and Africa (Turkey, Saudi Arabia, Iran, the United Arab Emirates and others).

7. Report Description and Highlights Report Description Market Segmentation by Security Type • • • • • Network Security Endpoint Security Application Security Cloud Security Others On the basis of the security type, the market has been segmented into network, endpoint, application, cloud and others. The network security segment exhibits a clear dominance in the market. Competitive Landscape: The competitive landscape of the market has been examined in the report, providing the detailed profiles of the key players operative in the industry. • • Allot Armis

8. Report Description and Highlights Report Description • • • • • • • • • • • • • CENTRI Cisco Forgerock Fortinet Gemalto IBM Infineon Intel Mocana Corporation Newsky Securithings Symantec Zingbox

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11. Report Description and Highlights Report Description © 2020 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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