IoT Security Market Poised to Expand at a Robust Pace Over 2025

Market Research Engine has published a new report titled as “IoT Security Market Size By Component (Services, Solutions), By Type (Cloud Security, Endpoint Security, Network Security), By Service (Managed Services, Professional Services), By Application Area (Connected Healthcare, Smart Government and Defense, Smart Transportation, Smart Retail, Smart Manufacturing, Smart Energy and Utilities, Connected Logistics, Smart Home and Consumer Electronics), Others), By Solution (Public Key Infrastructure Lifecycle Management, Distributed Denial of Service Protection, Security Analytics, Identity Access and Management, Data Encryption and Tokenization, Intrusion Detection System and Intrusion Prevention System, Device Authentication and Management, Secure Software and Firmware Update, Secure Communications), Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-2025.”

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Based on Application Area, the global IoT Security market is segmented in Connected Healthcare, Smart Government and Defense, Smart Transportation, Smart Retail, Smart Manufacturing, Smart Energy and Utilities, Connected Logistics, Smart Home and Consumer Electronics, and Others. The report also bifurcates the global IoT Security market based on Solution in Public Key Infrastructure Lifecycle Management, Distributed Denial of Service Protection, Security Analytics, Identity Access and Management, Data Encryption and Tokenization, Intrusion Detection System and Intrusion Prevention System, Device Authentication and Management, Secure Software and Firmware Update, Secure Communications, and Others.

The development can be outlined to a rising adoption of cloud based services for authentication process. Cloud is existence used for the storage of biometrics information. As most organizations today are approving cloud technology for storing their confidential data, there rises need for emerging security procedures to keep the cloud against unauthorized access. The high adoption of cloud based services by small and medium scale enterprises like pay per use model, is contribution flexibility and scalability to these enterprises and this has caused in a staggering rise in the adoption of cloud based services for the determination of data storage. This is anticipated to make a sensitive need for IoT security solutions and drive the market universal. The overview of combined security solutions is anticipated to fuel the development prospects of the global IoT security market. Growing usage of online platforms for shopping has controlled to the demand for solutions which offer customer data security among various retailers. Extra, retailers are opting for software that supports them keep track of products, their lifetime, inventory and much more. Lack of awareness about the benefits of IoT security solutions is measured as a major drawback for the market development. But digitalization in emerging economies of Asia Pacific region is expected to open new prospects for the market growth over the estimate duration.

The global IoT Security market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The IoT Security market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the IoT Security industry trends
  • Find complete analysis on the market status
  • Identify the IoT Security market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Competitive Rivalry

Securithings, Centri, Armis, Forgerock, Newsky, Cisco, IBM, Intel, Infineon, Symantec, and others are among the major players in the global IoT Security market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The IoT Security Market has been segmented as below:

IoT Security Market, By Component

  • Services
  • Solutions

 

IoT Security Market, By Type

  • Cloud Security
  • Endpoint Security
  • Network Security
  • Others

IoT Security Market, By Service

  • Managed Services
  • Professional Services

IoT Security Market, By Application Area

  • Connected Healthcare
  • Smart Government and Defense
  • Smart Transportation
  • Smart Retail
  • Smart Manufacturing
  • Smart Energy and Utilities
  • Connected Logistics
  • Smart Home and Consumer Electronics
  • Others

IoT Security Market, By Solution

  • Public Key Infrastructure Lifecycle Management
  • Distributed Denial of Service Protection
  • Security Analytics
  • Identity Access and Management
  • Data Encryption and Tokenization
  • Intrusion Detection System and Intrusion Prevention System
  • Device Authentication and Management
  • Secure Software and Firmware Update
  • Secure Communications
  • Others

IoT Security Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

IoT Security Market, By Company

  • Securithings
  • Centri
  • Armis
  • Forgerock
  • Newsky
  • Cisco
  • IBM
  • Intel
  • Infineon
  • Symantec
  • Gemalto
  • Allot
  • Fortinet
  • Zingbox
  • Mocana

The report covers:

  • Global IoT Security market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global IoT Security market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT Security market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global IoT Security market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT Security market share. Major industry players with significant revenue share include Securithings, Centri, Armis, Forgerock, Newsky, Cisco, IBM, Intel, Infineon, Symantec, and others.

Some of the recent developments in IoT Security Market are as follows:

Cisco

  • 02-2020: Cisco is frontrunner in enterprise security, exposed a radical simplification in the way customers experience Cisco Security’s portfolio and addresses complexity one of the top pain points for CISOs. Cisco is now offering customers the broadest, most integrated cloud-native security platform in the industry, Cisco SecureX.
  • 06-2020: Cisco has declared new intent-based networking solutions to support optimize business and network operations.

Intel

  • 06-2020: Intel will contemporary a body of research and technical perspectives on the computing transformation driven by data that is increasingly distributed across the core, edge and endpoints.
  • 07-2020: As one of the most successful acquisitions in Intel’s history, Mobileye is a development engine for INTC. Revenue has more than doubled since the acquisition and fully funds Mobileye’s development work on the autonomous future.

Customization

Customized report as per the requirement can be offered with appropriate recommendations

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Table of Contents:

  1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
    2. Research Methodology
    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
    2.4.1 Secondary Research
    2.4.2 Primary Research
    2.4.3 Models for Estimation
    2.5 Market Size Estimation
    2.5.1 Bottom-Up Approach – Segmental Market Analysis
    2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
    4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
    5. IoT Security Market, By Component
    5.1 Introduction
    5.2 Services
    5.2.1 Market Overview
    5.2.2 Market Size and Forecast
    5.3 Solutions
    5.3.1 Market Overview
    5.3.2 Market Size and Forecast
    6. IoT Security Market, By Type
    6.1 Introduction
    6.2 Cloud Security
    6.2.1 Market Overview
    6.2.2 Market Size and Forecast
    6.3 Endpoint Security
    6.3.1 Market Overview
    6.3.2 Market Size and Forecast
    6.4 Network Security
    6.4.1 Market Overview
    6.4.2 Market Size and Forecast
    6.5 Others
    6.5.1 Market Overview
    6.5.2 Market Size and Forecast
    7. IoT Security Market, By Service
    7.1 Introduction
    7.2 Managed Services
    7.2.1 Market Overview
    7.2.2 Market Size and Forecast
    7.3 Professional Services
    7.3.1 Market Overview
    7.3.2 Market Size and Forecast
    8. IoT Security Market, By Application Area
    8.1 Introduction
    8.2 Connected Healthcare
    8.2.1 Market Overview
    8.2.2 Market Size and Forecast
    8.3 Smart Government and Defense
    8.3.1 Market Overview
    8.3.2 Market Size and Forecast
    8.4 Smart Transportation
    8.4.1 Market Overview
    8.4.2 Market Size and Forecast
    8.5 Smart Retail
    8.5.1 Market Overview
    8.5.2 Market Size and Forecast
    8.6 Smart Manufacturing
    8.6.1 Market Overview
    8.6.2 Market Size and Forecast
    8.7 Smart Energy and Utilities
    8.7.1 Market Overview
    8.7.2 Market Size and Forecast
    8.8 Connected Logistics
    8.8.1 Market Overview
    8.8.2 Market Size and Forecast
    8.9 Smart Home and Consumer Electronics
    8.9.1 Market Overview
    8.9.2 Market Size and Forecast
    8.10 Others
    8.10.1 Market Overview
    8.10.2 Market Size and Forecast
    9. IoT Security Market, By Solution
    9.1 Introduction
    9.2 Public Key Infrastructure Lifecycle Management
    9.2.1 Market Overview
    9.2.2 Market Size and Forecast
    9.3 Distributed Denial of Service Protection
    9.3.1 Market Overview
    9.3.2 Market Size and Forecast
    9.4 Security Analytics
    9.4.1 Market Overview
    9.4.2 Market Size and Forecast
    9.5 Identity Access and Management
    9.5.1 Market Overview
    9.5.2 Market Size and Forecast
    9.6 Data Encryption and Tokenization
    9.6.1 Market Overview
    9.6.2 Market Size and Forecast
    9.7 Intrusion Detection System and Intrusion Prevention System
    9.7.1 Market Overview
    9.7.2 Market Size and Forecast
    9.8 Device Authentication and Management
    9.8.1 Market Overview
    9.8.2 Market Size and Forecast
    9.9 Secure Software and Firmware Update
    9.9.1 Market Overview
    9.9.2 Market Size and Forecast
    9.10 Secure Communications
    9.10.1 Market Overview
    9.10.2 Market Size and Forecast
    9.11 Others
    9.11.1 Market Overview
    9.11.2 Market Size and Forecast
    10. IoT Security Market, By Geography
    10.1 Introduction
    10.2 North America
    10.2.1 North America IoT Security, By Component
    10.2.2 North America IoT Security, By Type
    10.2.3 North America IoT Security, By Service
    10.2.4 North America IoT Security, By Application Area
    10.2.5 North America IoT Security, By Solution
    10.3 Europe
    10.3.1 Europe IoT Security, By Component
    10.3.2 Europe IoT Security, By Type
    10.3.3 Europe IoT Security, By Service
    10.3.4 Europe IoT Security, By Application Area
    10.3.5 Europe IoT Security, By Solution
    10.4 Asia-Pacific
    10.4.1 Asia-Pacific IoT Security, By Component
    10.4.2 Asia-Pacific IoT Security, By Type
    10.4.3 Asia-Pacific IoT Security, By Service
    10.4.4 Asia-Pacific IoT Security, By Application Area
    10.4.5 Asia-Pacific IoT Security, By Solution
    10.5 Rest of the World
    10.5.1 Rest of the World IoT Security, By Component
    10.5.2 Rest of the World IoT Security, By Type
    10.5.3 Rest of the World IoT Security, By Service
    10.5.4 Rest of the World IoT Security, By Application Area
    10.5.5 Rest of the World IoT Security, By Solution
    11. Competitive Insights
    11.1 Key Insights
    11.2 Company Market Share Analysis
    11.3 Strategic Outlook
    11.3.1 Mergers & Acquisitions
    11.3.2 New Product Development
    11.3.3 Portfolio/Production Capacity Expansions
    11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
    11.3.5 Others
    12. Company Profiles
    12.1 Securithings
    12.1.1 Company Overview
    12.1.2 Product/Service Landscape
    12.1.3 Financial Overview
    12.1.4 Recent Developments
    12.2 Centri
    12.2.1 Company Overview
    12.2.2 Product/Service Landscape
    12.2.3 Financial Overview
    12.2.4 Recent Developments
    12.3 Armis
    12.3.1 Company Overview
    12.3.2 Product/Service Landscape
    12.3.3 Financial Overview
    12.3.4 Recent Developments
    12.4 Forgerock
    12.4.1 Company Overview
    12.4.2 Product/Service Landscape
    12.4.3 Financial Overview
    12.4.4 Recent Developments
    12.5 Newsky
    12.5.1 Company Overview
    12.5.2 Product/Service Landscape
    12.5.3 Financial Overview
    12.5.4 Recent Developments
    12.6 Cisco
    12.6.1 Company Overview
    12.6.2 Product/Service Landscape
    12.6.3 Financial Overview
    12.6.4 Recent Developments
    12.7 IBM
    12.7.1 Company Overview
    12.7.2 Product/Service Landscape
    12.7.3 Financial Overview
    12.7.4 Recent Developments
    12.8 Intel
    12.8.1 Company Overview
    12.8.2 Product/Service Landscape
    12.8.3 Financial Overview
    12.8.4 Recent Developments
    12.9 Infineon
    12.9.1 Company Overview
    12.9.2 Product/Service Landscape
    12.9.3 Financial Overview
    12.9.4 Recent Developments
    12.10 Symantec
    12.10.1 Company Overview
    12.10.2 Product/Service Landscape
    12.10.3 Financial Overview
    12.10.4 Recent Developments
    12.11 Gemalto
    12.11.1 Company Overview
    12.11.2 Product/Service Landscape
    12.11.3 Financial Overview
    12.11.4 Recent Developments
    12.12 Allot
    12.12.1 Company Overview
    12.12.2 Product/Service Landscape
    12.12.3 Financial Overview
    12.12.4 Recent Developments
    12.13 Fortinet
    12.13.1 Company Overview
    12.13.2 Product/Service Landscape
    12.13.3 Financial Overview
    12.13.4 Recent Developments
    12.14 Zingbox
    12.14.1 Company Overview
    12.14.2 Product/Service Landscape
    12.14.3 Financial Overview
    12.14.4 Recent Developments
    12.15 Mocana
    12.15.1 Company Overview
    12.15.2 Product/Service Landscape
    12.15.3 Financial Overview
    12.15.4 Recent Developments

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