Press release
Global IoT Security Market Size, Industry Growth Analysis, Development Status, Opportunities And Trends By Forecast 2031
IoT Security Market
The regions covered in the IoT Security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The IoT security market consists of sales of Internet of Things (IoT) security devices/ software and related services. The 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.
Key competitors in the IoT Security market include Cisco, IBM, Intel, Infineon, Symantec Corporation, Check Point Security Software, Gemalto, AT&T Inc., Alcatel-Lucent S.A, Allot, Fortinet, Mocana, Securithings, Centri, Armis, Forgerock, Newsky, PTC Inc., Verizon Enterprises Solutions, Trustwave, Siemens AG, Wurldtech Security, Axeda Machine Cloud, Huawei Technologies Co. Ltd, NETCOM On-Line Communication Services, Sophos, NSIDE Secure and ARM Holding.
The global Internet of Things security market size is expected to grow from $3.86 billion in 2021 to $5.09 billion in 2022 at a compound annual growth rate (CAGR) of 31.7%. The change in the IoT security market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $15.06 billion in 2026 at a CAGR of 31.2%.
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TBRC's report segments the global IoT Security market:
1) By Type: Network Security, Endpoint Security, Application Security, Cloud Security, Others
2) By Application: Healthcare and Life Sciences, Infrastructure and Cities, Industrial System and Sensors, Smart Home and Consumer, Transport and Urban Mobility
3) By Component: Solution, Services
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 Market
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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