IoT Security Market Size in 2023 To 2029 | Microsoft (US), AWS (US), Google (US), IBM (US), Intel (US), Cisco (US), Ericsson (Sweden), Thales (France), Allot (Israel), Infenion (Germany), Atos (France)

This IoT Security research report focuses on the key components of IoT security and its increasing significance in the field of cybersecurity and the Internet of Things (IoT). It delves into the security solutions, applications, and potential advancements in this specialized field. This comprehensive study provides an overview of current trends and dynamics in IoT security, supported by detailed statistical analysis. Our research methodology is robust, and we offer critical insights into the various aspects of IoT security, delivering maximum value to our clients. We provide reliable primary and secondary data sources, with our analysts and consultants deriving informative and actionable data tailored to our clients' specific needs in the IoT security sector. The report presents a qualitative and quantitative analysis of the latest trends, dynamics, and valuations for the forecasted period.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=2133775

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭:
The major players in the IoT Security market are Microsoft (US), AWS (US), Google (US), IBM (US), Intel (US), Cisco (US), Ericsson (Sweden), Thales (France), Allot (Israel), Infenion (Germany), Atos (France), etc. These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and enhancements, and acquisitions to expand their footprint in the IoT Security market.

The IoT Security research report offers an overview of the global landscape of IoT security, covering various security solutions, applications, and their impact on safeguarding IoT devices, data, and networks. It also highlights recent trends in the regional market and their success rates. The report assesses the feasibility of long-term investments in IoT security and incorporates reliable data, including current market conditions and prospects for the forecast period. Analysis tools, such as security assessments and application evaluations, are employed to clarify the potential benefits of IoT security in enhancing the security and privacy of IoT-connected systems.

The report's objectives include a meticulous analysis and forecast of the IoT Security market, evaluating its significance and impact on cybersecurity, IoT device protection, and data privacy. It aims to provide valuable insights into the latest IoT security technologies, applications, and their influence on mitigating security risks, protecting data, and advancing the secure adoption of IoT technologies. This IoT Security report examines the developments and adoption of IoT security solutions in different parts of the world, including the challenges and advancements associated with these practices. It enables stakeholders to gain a comprehensive understanding of the evolving landscape of IoT security and its crucial role in ensuring the security and privacy of IoT-enabled systems and networks.

"The rising demand for network security and device authentication drives the demand for IoT security solutions."

The services segment is expected to grow at a higher CAGR of 23.1% during the forecast period. It is expected to grow from USD 20.9 billion in 2023 to USD 59.2 billion by 2028 due to the increasing demand for support and integration services to many IoT-deployed devices.

Based on the solutions, the Identity Access Management segment is expected to account for the largest market share during the forecast period

Identity and access management is a comprehensive business process framework designed to enable organizations to effectively regulate and control employee access to technology resources. This framework encompasses policies and technologies that facilitate the management of attributes like phone numbers, email addresses, and social security numbers while verifying the authenticity of identities. The adoption of loT is rapidly increasing across various industries, thanks to its robust capabilities. As loT expands its reach, it allows for the connection of multiple end users and devices to networks. Unauthorized access to networks through intrusions is a major contributing factor to cyberattacks. IAM plays a crucial role in mitigating this risk by granting users on the network limited access based on their specific requirements. The growing number of attacks targeting loT devices is expected to fuel the demand for IAM solutions, driving the growth of the identity access management segment.

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Research Coverage

The market study covers the IoT Security market size across different segments. It aims at estimating the market size and the growth potential across different segments, including operational model, subscribers, enterprise verticals, and regions. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants with information on the closest approximations of the IoT Security market's revenue numbers and sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

This release was published on openPR.