United States IoT security market 2025: Industry Developments, Future Growth, Share & Industry Insights | Cisco Systems, Inc., Fortinet, Inc., Palo Alto Networks

IoT security market reached US$24.44 billion in 2023, with a rise to US$28.12 billion in 2024, and is expected to reach US$113.76 billion by 2033, growing at a CAGR of 16.8% during the forecast period 2025-2033.

DataM Intelligence has published a new research report on "IoT Security Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Key Players: Microsoft, Amazon Web Services, Inc., Google, IBM, Cisco Systems, Inc., Fortinet, Inc., Palo Alto Networks, Inc., Armis Inc, Thales and Allot.

USA - Industry Latest News:

✅ 2025-01-07 - US launches the US Cyber Trust Mark (voluntary labelling program for smart-home / IoT devices; aims to signal products that meet basic security practices such as update policies and secure cloud transfer).

✅ 2025-07-29 - Armis named a launch partner of the Torq AMP alliance (partnership to accelerate autonomous SecOps / IoT security automation).

✅ 2025-09-08 - Armis shipped a new Centrix platform update (v25.3) - a product update that included new vulnerability/executive reporting features for IT/OT/IoT asset exposure management.

Japan - Industry Latest News:

✅ 2025-03-25 - METI & IPA launched JC-STAR ("Japan Cyber-Security Technical Assessment Requirements") - a new IoT product security labelling scheme to improve transparency of device cybersecurity.

✅ 2025-05-06 - Japanese government initiatives reported to boost IoT cybersecurity to support smart-city expansion (public-private measures and regulation emphasis announced).

✅ 2025-09-09 - Mitsubishi Electric signed agreement to acquire Nozomi Networks (U.S. OT/IoT security vendor) - a major M&A move tying Japanese industrial players and OT/IoT cybersecurity capabilities. (deal announced Sept 9, 2025; transaction to complete in 2025).

Korea (South Korea) - Industry Latest News:

✅ 2025-02-14 - Hanwha Vision launched a new Q-series AI cameras (AI-enabled video products with stronger edge/secure features) - notable regional product launch for IoT/video security.

✅ 2025-03-24 → 2025-09-09 (coverage across 2025) - Korean cybersecurity certification activity increased: KISA certifications and Korea-Germany mutual recognition (BSI) for IoT device security were highlighted as Samsung's appliances achieved high CIC/BSI recognition in 2025 (examples of device certification/adoption).

✅ 2025-07-15 - Penta Security received regional recognition for WAF/ security innovation (illustrates Korean vendors' momentum in device/platform security).

Europe - Industry Latest News:

✅ 2025-07-01 - Triton (private equity) completed acquisition of Bosch's security & communications product business (now operating as Keenfinity Group) - a major European security product M&A with implications for video/access/intrusion product portfolios.

✅ 2025-08-01 - EU Radio Equipment Directive (RED) cybersecurity requirements became mandatory for CE-marked radio/connected devices (new mandatory cybersecurity obligations for wireless IoT devices placed on the EU market).

✅ 2025 (ongoing) - EU regulatory pressure (Cyber Resilience Act / RED updates) continues to push vendors across Europe to harden device security, certify products, and change supply-chain practices - regulatory developments are shaping product launches and compliance activity across 2025.

Growth Forecast Projected:

The Global IoT Security Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global IoT Security Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Offering (Solutions, Services)

By Deployment (Cloud-based, On-premises)

By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Others)

By Organization Size (Large Enterprises, SME's)

By End-User (Healthcare, Automotive, Manufacturing, Energy & Utilities, Consumer Electronics, Others)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among IoT Security producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze IoT Security revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: What is the current size of the IoT Security Market?

A: The IoT Security Market stood at US$28.12 billion in 2024 and is set to experience remarkable growth, reaching US$113.76 billion by 2033.

Q2: How fast is the IoT Security Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 16.8% from 2025-2033

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