IoT Security Market Changing Strategies to Remain Competitive Analysis: IBM Corporation, ARM Holdings, Cisco Systems, Intel Corporation

An exclusive IoT Security Market report has been fabricated through the in depth analysis of the market dynamics across five regions such as Europe, North America, South America, Asia-Pacific, Middle East and Africa. The segmentation of the market by type, application, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts, key opinion leaders of companies, and stakeholders) and secondary research (global/regional associations, trade journals, technical white papers, company’s website, annual report SEC filing, and paid databases). Further, the market has been estimated by utilizing various research methodologies and internal statistical model.

The IoT security market expected to grow from US$ 8.4 billion in 2017 to US$ 30.9 billion by 2025; it is estimated to grow at a CAGR of 17.6% from 2017 to 2025.

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Rising trend of smart cities is attributing to the growth of the market. The smart city concept is fully based upon internet of things (IoT). Each and every devices, systems, and users are interconnected with each other in a smart city. Even the government would be connected with other aspects of a smart city, thus increasing the risk and compromising with the safety of critically important data.

Leading IoT Security Market Players:
• Cisco Systems, Inc.
• IBM Corporation
• Infineon Technologies
• Intel Corporation
• Symantec Corporation
• ARM Holdings
• NXP Semiconductor
• INSIDE Secure
• Gemalto NV
• Trend Micro, Inc.

IoT Security Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the IoT Security Market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner IoT Security Market revenue by understanding the strategic growth approaches.

The IoT security market has been segmented as follows:

IoT Security Market – by Type
• Network Security
• End-point Security
• Cloud Security
• Application Security
• Other

IoT Security Market – by Solutions
• Threat Analysis
• Identity Access Management
• Data Loss Protection
• Encryption
• Dispatch & Incident Response
• Distributed Denial of Service Protection
• Others

IoT Security Market – by Application
• Smart Home
• Connected Car
• Information & Communication Technology
• Smart Factories
• BFSI
• Smart Retail
• Smart Healthcare
• Smart Transportation
• Wearable
• Other

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Strategic Insights:

Players operating in the IoT security market are mainly focused on the development of advanced and efficient products.

• In 2017, IBM Watson for Cyber Security Beta Program Launches with 40 Clients Globally.
• In 2017, Palo Alto Networks expanded its range of next-generation firewall devices with new hardware and virtual appliances.
• In 2017, Trend Micro leveraged its newest XGen™ Security Capabilities across All Solutions.

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This release was published on openPR.