Internet of Thing (IoT) Security is that the safety part tied to the net of Things, and it strives to guard IoT devices and networks against crime. Internet of Thing (IoT) Security is that the technological space involved with safeguarding networks and connected devices. . Internet of Thing (IoT) Security Market stood at US$ two, 239.8 Mn in 2018 and is anticipated to achieve US$ fourteen, 741.0 Mn by 2027, increasing at a CAGR of 23.2% from 2019-2027.

The primary market participants in Internet of Thing (IoT) Security Market include Check Point Software Technologies Ltd., Cisco Systems Inc., DigiCert, Inc., Gemalto NV, IBM Corporation, Infineon Technologies AG, Intel, Lynx Software Technologies, Inc., McAfee, LLC, PTC, SecureRF Corporation, Sentryo SAS, Sequitur Labs Inc., Sophos Ltd., Symantec Corporation, Trend Micro Incorporated, TRUSTED OBJECTS, Trustwave Holdings, Inc. and Verizon amongst other players

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The IoT ecosystem revolves around extraction and analyzation of digital data from the physical world. With the launch of more number of devices, the IoT system offers many advantages, for instance, in the healthcare industry, connected medical devices allow the customers to work alongside their physicians. Similarly, in the energy and utility sector, smart meters enable energy providers to analyze consumer energy use, enable consumers to be more energy-conscious, and identify issues with home appliances.

The growing demand for Internet of Thing (IoT) Security regulations and guidelines coupled with rising security demand for critical infrastructures are some of the factors substantiating the need for cyber security measures in devices, communication channel, and cloud. Moreover, an increasing number of data breaches in the devices and networks have also led to the advent of Internet of Thing (IoT) Security to cater to the growing need of connected devices in industries including automotive, manufacturing, and energy and utilities, among others.

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Key questions answered in the report:
  • What is the projected value of global Internet of Thing (IoT) Security market by 2024 along with the estimated CAGR?
  • What are the major driving and restraining factors of the global Internet of Thing (IoT) Security market?
  • Which are the key security solution and service providers operating in the global Internet of Thing (IoT) Security market?
  • What is the market ranking of the key leading players in the global Internet of Thing (IoT) Security market?
  • Which security solution among network, endpoint, application, cloud security, and others of the global Internet of Thing (IoT) Security market is expected to dominate in the coming years?
  • Which security service including consulting, maintenance, and managed, among others of the global Internet of Thing (IoT) Security market is expected to dominate in the coming years?
  • Which industry including manufacturing, automotive, energy and utilities, government, consumer electronics, and others of the global Internet of Thing (IoT) Security market is expected to dominate in the coming years?
  • Which region among North America, Europe, Asia-Pacific and Rest-of-the-World (ROW) is expected to lead the global Internet of Thing (IoT) Security market by 2024?
Internet of Thing (IoT) Security market By Offerings Solutions
  • Identity Access Management
  • Device Authentication and Management
  • Manufacturing Analytics
  • Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
  • Distributed Denial of Service Protection
  • Others
Internet of Thing (IoT) Security market By Type
  • Network security
  • Endpoint security
  • Application security
  • Cloud security
  • Others
By Industry
  • Energy and Utility
  • Manufacturing
  • Transportation and Logistic
  • Building and Architecture
  • Healthcare
  • Automobile
  • Governance
  • Others (Manufacturing, Tourism, Etc.)
Internet of Thing (IoT) Security market By Geography North America
  • U.S.
  • Canada
  • Mexico
  • Rest of North America
Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
Middle East and Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of Middle East & Africa
Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
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