The analysts forecast the Global Internet of Things Security Market to grow at a CAGR of 48.77% during the period 2018-2022.
Internet of things security comprises security platforms, software solutions, services, and hardware used for securing and safeguarding IoT systems in the industrial, commercial, and consumer sectors.
The report covers the present scenario and the growth prospects of the global internet of things security market. To calculate the market size, the report considers the revenue generated from the adoption of IoT security.
One trend affecting this market is the technological advancements in the IoT security. Various technical advances in the IoT industry, coupled with the evolving nature of attacks are resulting in the development of advanced technologies and applications for implementation in the IoT security industry.
According to the report, one driver influencing this market is the growing adoption of cloud-based services. Many companies and banks are increasingly storing confidential information such as customer database and other customer details on the cloud.
Further, the report states that one challenge affecting this market is the trade-offs between low-cost operations and device security. This challenge is more prominent in developing economies located in APAC and MEA.
Key vendors
Cisco Systems
IBM
Infineon Technologies
Intel
Symantec
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING PART 06: FIVE FORCES ANALYSIS
Market ecosystem
Market characteristics
Market segmentation analysis
PART 07: MARKET SEGMENTATION BY NETWORK SECURITY COMPONENTS
Segmentation by network security components
Comparison by network security components
Global IoT security market by hardware
Global IoT security market by software
Global IoT security market by services
Market opportunity by network security components
PART 08: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
Global IoT security market by industrial sector
Global IoT security market by commercial sector
Global IoT security market by consumer sector
Market opportunity by end-user
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Key leading countries
US
UK
China
India
Canada
UAE
Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
Technological advances in IoT security
Rising number of M&A and growing investment in start-ups
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