How COVID-19 Impacting IoT Security Market Globally? Symantec, Cisco, Gemalto and Infineon Technologies

The recently published market study by ReportCrux Market Research highlights the current trends that are expected to influence the dynamics of the IoT Security market in the upcoming years. The report introspects the supply chain, cost structure, and recent developments pertaining to the IoT Security market in the report and the impact of the COVID-19 on these facets of the market. Further, the micro and macro-economic factors that are likely to impact the growth of the IoT Security market are thoroughly studied in the presented market study. Some of the key players profiled in the study are Symantec, Cisco, Gemalto and Infineon Technologies

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Major players in IoT Security market are Symantec, Cisco, Gemalto and Infineon Technologies

The global IoT Security Market is estimated to grow from USD 7.94 Billion in 2019 to reach USD 75.17 Billion by 2027, at a CAGR of 32.4% during the forecast period from 2020-2027.

Geographically, the market is classified into Middle East & Africa, Asia Pacific, Europe, North America, and Latin America. North America held almost 37% of the market in 2019. North America is made up of developing countries like the U.S. and Canada. Such countries have invested extensively in R&D programs, leading to the development of emerging technologies.

With the advent of technology such as the cloud, a vast amount of data is facing cyber-crime threats. The over-popularity of social media has also resulted in exposure to identity fraud and data theft. As a result, many companies are increasingly designing stronger tools to counter cyber threats. The widespread use of smart phones, laptops and tablets has also contributed to the disclosure of personal data which as boosted the growth of IoT security market.

Various drivers, restraints and opportunities in the IoT security market are analyzed in detail in the report. Key drivers that make the overall market grow are discussed thoroughly, along with its impact on the sales of different offering types. Report also features restraining factors that are likely to restrain the market growth. As well, different opportunities which will propel the market in future and bring new growth avenues for major market players are discussed in detail. This will help in understanding the overall dynamics prevailing in the historic as well as in coming years.

The report describes in detail market segmentation by dividing the market based on its type, component, end user, and region and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.

Global IoT Security Market: By Type
Endpoint Security
Network Security
Cloud Security
Application Security

Global IoT Security Market: By Component
Solution
Security Analytics
Identity Access Management
Intrusion Prevention System
Device Authentication and Management
PKI Lifecycle Management
Distributed Denial of Service Protection
Others
Services
Professional Services
Managed Services

Geographically, this report is segmented into several key Regions, with value and volume(M USD), market share and growth rate of IoT Security in these regions, from 2014 to 2026 (forecast), covering

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

South America (Brazil, Argentina, Columbia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Table of Contents (TOC)
1. Global IoT Security Market Introduction
1.1. Definition and Taxonomy
1.2. Research Scope
2. Research Methodology
3. Executive Summary
3.1. Global Market Overview and Key Findings by Major Segments
4. Market Dynamics and Industry Trend Analysis
4.1. Market Dynamics
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. SWOT Analysis
4.3. PESTLE Analysis
4.4. Porter's Five Forces Analysis
4.5. Market Growth Attractiveness Analysis by Key Segments and Region
5. Competitive Landscape and Market Share Analysis by Manufacturers
5.1. Market Competition Scenario
5.2. Manufacturer Market Share
5.3. Manufacturer Intensity Map
5.4. Opportunity Orbits
5.5. Strategic Market Developments
6. Global IoT Security Market Value (USD Million), Share (%), Comparison by Key Segments
7. Global IoT Security Market Value (USD Million), Share (%), Comparison by Region
7.1. North America
7.1.1. North America Regional Market Size and Trend Analysis
7.1.1.1. U.S.
7.1.1.2. Canada
7.1.1.3. Rest of North America
7.2. Europe
7.2.1. Europe Regional Market Size and Trend Analysis
7.2.1.1. Germany
7.2.1.2. UK
7.2.1.3. France
7.2.1.4. Italy
7.2.1.5. Spain
7.2.1.6. Russia
7.2.1.7. Rest of Europe
7.3. Asia Pacific
7.3.1. Asia Pacific Regional Market Size and Trend Analysis
7.3.1.1. China
7.3.1.2. Japan
7.3.1.3. India
7.3.1.4. Australia
7.3.1.5. Southeast Asia
7.3.1.6. Rest of Asia Pacific
7.4. Latin America
7.4.1. Latin America Regional Market Size and Trend Analysis
7.4.1.1. Brazil
7.4.1.2. Mexico
7.4.1.3. Rest of Latin America
7.5. Middle East and Africa
7.5.1. Middle East and Africa Regional Market Size and Trend Analysis
7.5.1.1. Saudi Arabia
7.5.1.2. South Africa
7.5.1.3. UAE
7.5.1.4. Rest of Middle East and Africa
8. Company Profiles of Key Manufacturers
8.1. Company Basic Information
8.2. Company Overview
8.3. Financial Highlights
8.4. Product Portfolio
8.5. Business Strategy
8.6. Recent Market Developments

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