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IoT Security Market foreseen Growing Future Market Demand With Progressive CAGR 31.01% By 2022 | Top Most Players | Intel Corporation, IBM Corporation, Infineon Technologies, Hewlett Packard Development Company L.P., Cisco Systems, Inc., Sophos Group Plc,

10-10-2018 09:29 AM CET | IT, New Media & Software

Press release from: Crystal Market Research - Technology

IoT Security Market

IoT Security Market

According to Crystal Market Research a newly Published Global IoT Security Market report provides a comprehensive scenario of the present world market. This report offers a deep estimation of the including accepted technologies, market standardization future guidelines and value chain.

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Market Trending Value:
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.

Competitive Insights
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.

Industry Trend Analysis Overview:
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.

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.

Regional Insights
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.

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Market Segmentation-
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

By Type
Endpoint security
Network security
Cloud security
Application security
Other Types

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

By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
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, Turkey, United Arab Emirates, Others)

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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. IoT Market, By Component
5. IoT Market, By Type
6. IoT Market, By Application
7. IoT Market, By Region

……CONTINUED FOR TOC

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 3.Professional services Market, By Region, 2012-2022, ($Million)
Table 8.Support and Maintenance Market, By Region, 2012-2022, ($Million)
Table 9.Integration Services Market, By Region, 2012-2022, ($Million)
Table 10.Consulting Services Market, By Region, 2012-2022, ($Million)

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

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About Crystal Market Research:
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 Customized 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 S,
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: Sales@Crystalmarketresearch.Com

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