IoT Security Market Quadruples by 2022; with a ~ 31.01 % of Whooping CAGR | Intel Corporation, IBM Corporation, Infineon Technologies, Hewlett Packard Development Company L.P., Cisco Systems, Inc., Sophos Group Plc, ARM Holdings, INSIDE Secure SA

(IoT) Security Market - Industry Trend Analysis:

In 2012, the Global internet of things (IoT) Security Market was evaluated around USD 1.56 billion and is expected to reach approximately USD 31.42 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 31.01% over the forecast period. Internet of Things (IoT) links devices like consumer objects and industrial equipment on to a network, facilitating the accumulation of data and device management via software to augment efficiency as well as allow new services. The IoT combines embedded software, hardware, IT services, and communication services. The Internet of Things has an accession of existing information technology and operational technology (OT) networks of organizations, besides multiple sensors, and devices other smart objects. Growing dependence on the present network connectivity grants rise to challenges involving security risks. The focus and priority of the IT network are to secure information confidentially and protect access, assuring employee and operational safety. Hence, there is an amplified IoT security solutions demand at offices. The organizations like Cisco systems are attempting to develop the approach that merges cyber and physical security elements for employee protection and safety of the total system.

(IoT) Security Market - Competitive Outlook and Trend Analysis:

Intel Corporation, IBM Corporation, Infineon Technologies, Hewlett Packard Development Company L.P., Cisco Systems, Inc., Sophos Group Plc, ARM Holdings, INSIDE Secure SA, Gemalto NV, and Symantec Corporation are some of the key market players in the global IoT security market.

Sample copy of this report: https://www.crystalmarketresearch.com/report-sample/IC10299 .

(IoT) Security Market - Type Outlook and Trend Analysis:

According to type, Network security, Endpoint security, Application security and Cloud security could be the major sections of the global IoT security market. Cloud is being utilized for the biometrics data storage. As the majority organizations nowadays are implementing cloud technology for their confidential data storage, there comes up with the requirement of developing security standards to defend the cloud next to unauthorized access. The elevated implementation of services that are based on cloud technology by medium and small scale companies like pay per use model is presenting scalability and flexibility to these companies and this has ensued in an astounding rise in the implementation of cloud-based services for data storage. This is anticipated to generate an increased requirement for IoT security and fuel the market growth worldwide.

(IoT) Security Market - Application Outlook and Trend Analysis:

Based on application, consumer wearables, connected logistics, smart government and defense, connected vehicles, smart energy and utilities, smart manufacturing, smart retail, and other applications might be the key sections of the global market. Owing to growing smart city projects across various countries, the implementation of IoT applications is increasing considerably. A growing amount of connected devices is projected to boost the demand for global IoT security market.

The global internet of things (IoT) security market is segmented as follows –

(IoT) Security Market - By Component:

Services: Professional services, Support and Maintenance, Integration Services, Consulting Services, Managed services

Solutions: Identity access management, Security analytics, IDS/IPS, Device authentication and management, Secure software and firmware update, Data encryption and tokenization, Secure communications, PKI lifecycle management, Distributed denial of service protection, Other Solutions

(IoT) Security Market - By Type:

Endpoint security
Network security
Cloud security
Application security
Other Types

(IoT) Security Market - Component Outlook and Trend Analysis:

The advent of integrated security solutions is anticipated to boost the growth projection of the global IoT security industry. The IoT security solutions demand will enhance amongst end-users as there is a requirement for rendering total security to devices and networks. As individual IoT security solutions are costly, the majority end-users prefer integrated IoT security solutions. Firewalls and data loss prevention are being incorporated with IoT security solutions which will further fuel the market growth.

(IoT) Security Market - By Application:

Connected Logistics
Consumer Wearables
Smart Government and Defense
Smart Energy and Utilities
Connected Vehicles
Smart Retail
Smart Manufacturing
Other Applications

Access complete report: https://www.crystalmarketresearch.com/report/iot-security-market .

(IoT) Security Market - By Region:

North America - U.S, Canada, Mexico

Europe - Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

(IoT) Security Market - Regional Outlook and Trend Analysis:

North America emerges as the dominating market, in terms of market revenue. The expansion of this region might be assigned to the wide deployment of IoT equipment over various countries and domains and the imposition of regulatory models. For instance, the adoption of laws like Health Insurance Portability and Accountability Act (HIPPA) and Payment Card Industry Data Security Standard (PCI DSS) has been driving the market growth. The Asia Pacific IoT security market in has been rising rapidly, owing to the higher number of business enterprises, the unregulated use of the Internet, and rise in the mobile workforce. The escalating economy, the new national security policies, and social transformation in countries like Singapore, India, and Japan have also been accountable for the development of IoT security market around the region.

(IoT) Security Market - List of Tables:

Table 1.IoT Security Market, By Component, 2012-2022, ($Million)
Table 2.Services Market, By Type, 2012-2022, ($Million)
Table 2.Services Market, By Region, 2012-2022, ($Million)
Table 3.Professional services Market, By Type, 2012-2022, ($Million)
Table 4.Professional services Market, By Region, 2012-2022, ($Million)
Table 5.Support and Maintenance Market, By Region, 2012-2022, ($Million)
Table 6.Integration Services Market, By Region, 2012-2022, ($Million)
Table 7.Consulting Services Market, By Region, 2012-2022, ($Million)
Table 8.Managed services Market, By Type, 2012-2022, ($Million)
...

(IoT) Security Market - List of Figures:

Figure 1.IoT Security Market Share, By Component, 2012 & 2022
Figure 2.IoT Security Market, By Type, 2016, ($Million)
Figure 3.IoT Security Market, By Application, 2016, ($Million)
Figure 4.IoT Security Market, By Region, 2016, ($Million)
Figure 5.PTC Inc: Net Revenues, 2014-2016 ($Million)
Figure 6.PTC Inc: Net Revenue Share, By Segment, 2016
Figure 7.PTC Inc: Net Revenue Share, By Geography, 2016
Figure 8.Symantec Corporation: Net Revenues, 2014-2016 ($Million)
Figure 9.Symantec Corporation: Net Revenue Share, By Segment, 2016
...

FEATURES OF THE REPORT:

1. The analysis of IoT Security market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.

2. The key players in the market and their share in the global market are discussed.

3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.

4. The IoT Security market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.

5. The latest trends that are being followed in the market are included along with an example.

6. How technological advancement and research, as well as development activities, are impacting the market is explained in detail.

7. The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.

Check best offer of this report: https://www.crystalmarketresearch.com/check-discount/IC10299 .

As the report further, it explains developing plans and policies, making processes, cost structures of IoT Security market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of IoT Security market, market statistics of IoT Security market, upcoming development plans, market gains, contact details, consumption ratio. Ultimately, the report includes an in-depth analysis of sub-segments, market dynamics, feasibility study, key strategies used by leading players, market share study and growth prospects of the industry. The report also evaluates the growth established by the market during the forecast period and research conclusions are offered.

To be Continued…

About Crystal Market Research:

Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contact Us:
Judy
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com

This release was published on openPR.