What's driving the IoT Security Market trends? Cisco Systems, Inc., IBM Corp., Infineon Technologies, Intel Corporation, Symantec Corporation, ARM Holdings, NXP Semiconductor, INSIDE Secure, Gemalto NV, Trend Micro, Inc., Synopsys, ESCRYPT, Microchip Tech

A collective analysis on ‘IoT Security market’ by Market Study Report, LLC, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. In addition, this research offers a detailed competitive analysis focusing on business outlook emphasizing expansion strategies accepted by market majors.
IoT security market is expected to grow US$ 30.9 billion by 2025 from US$ 7.28 billion in 2016.

Network security market comprise largest market share among all five security types and is expected to continue its dominance throughout the forecast period. The demand for network security solutions is highly influenced by rising demand for security solutions for the cloud technology. Also, intensive use of virtualization has raised the vulnerability of networks to certain threats such as, malware or defective processes that are reducing the efficiency of the hypervisor.

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Key trend which will predominantly effect the market in coming year is growing appearance of Blockchain in IoT security market. Blockchain technology is capable of being used in tracking billions of connected devices, enable the processing of transactions and coordination between devices, allow for significant savings to IoT industry manufacturers. This decentralized approach is anticipated to eliminate single points of failure, creating a more resilient ecosystem for devices to run on. The cryptographic algorithms used by blockchain, is expected to make consumer data more private. The blockchain in IoT can be applied to connected vehicles, smart appliances and supply chain sensors.

IoT Security market by application is segmented as smart home, connected car, information & communication technology, smart factories, BFSI, smart retail, smart healthcare, smart transportation, wearable and others. The growing security concern in BFSI industry sector in order to safeguard user identity and theft of financial data are some of the trends contributing to the growing IoT security market. Almost all the end-user application segment are gradually moving towards digitalization and are becoming more friendly to smart devices and internet network, which is rising the security concern and use of IoT security solution.

The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the IoT security industry.

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1 Introduction
2 Key Takeaways
3 IoT Security Market Landscape
4 IoT Security Market - Key Industry Dynamics
5 IoT Security Market Analysis- Global
6 IoT Security Market Revenue and Forecasts to 2025 -Types
7 IoT Security Market Revenue and Forecasts to 2025 - Solution
8 IoT Security Market Revenue and Forecasts to 2025 - Application
9 IoT Security Market Revenue and Forecasts to 2025 - Geographical Analysis
10 Industry Landscape
11 Competitive Landscape
12 IoT Security Market, Key Company Profiles
12.1 Cisco Systems, Inc.
12.2 IBM Corp.
12.3 Infineon Technologies
12.4 Intel Corporation
12.5 Symantec Corporation
12.6 ARM Holdings
12.7 NXP Semiconductor
12.8 INSIDE Secure
12.9 Gemalto NV
12.10 Trend Micro, Inc.
12.11 Synopsys
12.12 ESCRYPT
12.13 Microchip Technology Inc.
12.14 Palo Alto Networks, Inc.
13 Appendix

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