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How IoT Security Market Will Dominate In Coming Years? Key Players: IoT Security, Cisco Systems, IBM Corp, Synopsys, ESCRYPT, Microchip Technology, Infineon Technologies, Intel Corporation, Symantec Corporation, ARM Holdings, NXP Semiconductor, INSIDE Sec

07-09-2019 01:48 PM CET | IT, New Media & Software

Press release from: marketstudyreport.com

/ PR Agency: Market Study Report LLC
How IoT Security Market Will Dominate In Coming Years? Key

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.

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.

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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
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
2 Key Takeaways
3 IoT Security Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 IoT Security Market - By Type
3.2.2 IoT Security Market - By Solution
3.2.3 IoT Security Market - By Application
3.2.4 Market - By Region
3.2.4.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis
4 IoT Security Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends
5 IoT Security Market Analysis- Global
5.1 Global IoT Security Market Overview
5.2 Global IoT Security Market forecast and analysis
6 IoT Security Market Revenue and Forecasts to 2025 -Types
6.1 Overview
6.2 Type market forecast and analysis
6.3 Network Security Market
6.3.1 Overview
6.3.2 Network Security market forecast and analysis
6.4 Endpoint Security Market
6.4.1 Overview
6.4.2 Endpoint Security market forecast and analysis
6.5 Cloud Security Market
6.5.1 Overview
6.5.2 Cloud Security market forecast and analysis
6.6 Application Security Market
6.6.1 Overview
6.6.2 Application Security market forecast and analysis
6.7 Others Market
6.7.1 Overview
6.7.2 Others market forecast and analysis
7 IoT Security Market Revenue and Forecasts to 2025 - Solution
7.1 Overview
7.2 Solution market forecast and analysis
7.3 Threat Analysis Market
7.3.1 Overview
7.3.2 Threat Analysis market forecast and analysis
7.4 Malware Protection Market
7.4.1 Overview
7.4.2 Malware Protection market forecast and analysis
7.5 Data Loss Protection Market
7.5.1 Overview
7.5.2 Data Loss Protection market forecast and analysis
7.6 Encryption Market
7.6.1 Overview
7.6.2 Encryption market forecast and analysis
7.7 Dispatch and Incident Response Market
7.7.1 Overview
7.7.2 Dispatch and Incident Response market forecast and analysis
7.8 Distributed Denial of Service Protection Market
7.8.1 Overview
7.8.2 Distributed Denial of Service Protection market forecast and analysis
7.9 Others Market
7.9.1 Overview
7.9.2 Others market forecast and analysis
8 IoT Security Market Revenue and Forecasts to 2025 - Application
8.1 Overview
8.2 Application market forecast and analysis
8.3 Smart Home Market
8.3.1 Overview
8.3.2 Smart home market forecast and analysis
8.4 Connected Car Market
8.4.1 Overview
8.4.2 Connected car market forecast and analysis
8.5 Information & Communication Technology Market
8.5.1 Overview
8.5.2 Information & communication technology market forecast and analysis
8.6 Smart Factories Market
8.6.1 Overview
8.6.2 Smart Factories market forecast and analysis
8.7 BFSI Market
8.7.1 Overview
8.7.2 BFSI market forecast and analysis
8.8 Smart Retail Market
8.8.1 Overview
8.8.2 Smart Retail market forecast and analysis
8.9 Smart Healthcare Market
8.9.1 Overview
8.9.2 Smart Healthcare market forecast and analysis
8.10 Smart Transportation Market
8.10.1 Overview
8.10.2 Smart Transportation market forecast and analysis
8.11 Wearable Market
8.11.1 Overview
8.11.2 Wearable market forecast and analysis
8.12 Others Market
8.12.1 Overview
8.12.2 Others market forecast and analysis

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