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IoT Security Market Size, Analytical Overview, Growth Factors, Demand, Trends and Global Forecast To 2030

11-24-2021 06:18 AM CET | IT, New Media & Software

Press release from: The Business research company

IoT Security Market

IoT Security Market

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‘IoT Security Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the iot security industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The countries covered in the global iot security market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global iot security market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The Internet of Things (IoT) security market consists of sales of Internet of Things security devices/ software and related services. IoT security is a technological area that provides solutions for safeguarding smart devices, networks, other connected devices and centralized user hubs from unwanted manipulation. This industry includes establishments that provide security solutions to counter IoT security threats such as remote vehicle hijacking, privacy leaks, brute force attacks on passwords and others.

The global IoT security market is expected to grow from $1.95 billion in 2020 to $2.22 billion in 2021 at a compound annual growth rate (CAGR) of 13.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The Internet of Things (IoT) security market is expected to reach $6.43 billion in 2025 at a CAGR of 30.5%.

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The global IoT security market is segmented -
1) By Type: Network Security, Endpoint Security, Application Security, Cloud Security, Others
2) By Application: Healthcare & Life Sciences, Infrastructure & Cities, Industrial System & Sensors, Smart Home & Consumer, Transport & Urban Mobility
3) By Component: Solution, Services

Major players in the Internet of Things (IoT) security market are Cisco, IBM, Intel, Infineon and Symantec Corporation.

Need More? Read Further On The IoT Security Market Here:
https://www.thebusinessresearchcompany.com/report/iot-security-global-market-report

The Table of Contents includes:
1. Executive Summary
2. IoT Security Market Characteristics
3. IoT Security Market Trends And Strategies
4. Impact Of COVID-19 On IoT Security
5. IoT Security Market Size And Growth
.....
27. IoT Security Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The IoT Security Market
29. IoT Security Market Future Outlook and Potential Analysis
30. Appendix

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