Press release
IoT Security Market Size, Share, Trends, Leaders Analysis and Forecast Report 2025 - Cisco Systems, IBM, Infineon, Intel, Symantec, ARM Holdings, NXP Semiconductor, INSIDE Secure, Gemalto, Trend Micro
The Industry report for “Global IoT Security Market” by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the industry performance.The Global IoT Security Market Report by tip stretches out accurate and descriptive details through the range of years 2019-2025. This Industry report comprises interior and outside exploration and bits of comprehension of IoT Security Market.
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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The reports cover key developments in the IoT Security market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from IoT Security market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT Security market in the global market.
Key Players Influencing the Market
• Cisco Systems, Inc.
• IBM Corporation
• Infineon Technologies
• Intel Corporation
• Symantec Corporation
• ARM Holdings
• NXP Semiconductor
• INSIDE Secure
• Gemalto NV
• Trend Micro, Inc.
Key trend which will predominantly effect the IoT security 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.
The global IoT Security market is segmented on the basis of component, deployment model, and end-use industry. Based on component, the market is segmented as solution and services. On the basis of the deployment model, the market is segmented as on demand and on-premises. The market on the basis of the end-use industry, is classified as law firms, corporates, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global IoT Security market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2025 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT Security market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the IoT Security market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the IoT Security market in these regions.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the IoT Security Market.
• Key market trends cracking up the growth of the IoT Security Market.
• Challenges to market growth.
• Key vendors of IoT Security Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global IoT Security Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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