IoT Security Market Size, Share, Growth, Scope, and Forecast 2032
The IoT Security Market was valued at USD 25 billion in 2023 and is expected to reach USD 153.44 billion by 2032, growing at a CAGR of 22.40% from 2024-2032.
Global IoT Security Market analysis is a comprehensive market overview to provide readers with a clear overview of the market scenarios. This study will take a closer look at raw materials, tools, marketing channels and downstream demand analysis. The tables and graphs in this research report can be used to predict global demand and the feasibility of new business ideas. The global IoT Security Market research report contains key quotes and forecasts, along with tips and recommendations to help investors consider this market.
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IoT Security Market Key Players:
l Microsoft (Azure IoT, Microsoft Defender for IoT)
l Fortinet (FortiGate, FortiSIEM)
l AWS (AWS IoT Device Defender, AWS IoT Core)
l IBM (IBM Security QRadar, IBM Watson IoT)
l Intel (Intel vPro, Intel Secure Device Onboard)
l Cisco (Cisco IoT Threat Defense, Cisco Edge Intelligence)
l Thales Group (Thales CipherTrust, Thales Cloud Security)
l Infineon (OPTIGA Trust X, OPTIGA TPM)
l Allot (Allot SmartConnect, Allot Service Gateway)
l Atos (Atos Codex IoT, Atos Security Management)
l Checkpoint (Check Point IoT Security, Check Point SandBlast)
l Palo Alto Networks (IoT Security, Cortex XSOAR)
l Mobileum (Mobileum IoT Security, Mobileum Fraud Management)
l Entrust (Entrust Identity, Entrust PKI)
l NXP Semiconductors (NXP EdgeLock, NXP Secure IoT)
l Kaspersky (Kaspersky IoT Security, Kaspersky Embedded Systems Security)
l MagicCube (MagicCube IoT Security Platform, MagicCube IoT Authentication)
l Claroty (Claroty Platform, Claroty Remote Access)
l Ordr (Ordr IoT Security, Ordr Asset Discovery)
l Armis (Armis IoT Security, Armis Device Management)
l Nozomi Networks (Nozomi Networks SCADAguardian, Nozomi Networks Vantage)
l Keyfactor (Keyfactor Command, Keyfactor IoT Security)
l Particle Industries (Particle IoT Platform, Particle Device Management)
l Karamba Security (Karamba Carwall, Karamba IoT Security)
l Forescout (Forescout Platform, Forescout IoT Security)
The IoT Security Market is surging as billions of connected devices become integral to our personal and professional lives. From smart homes and wearable devices to industrial IoT in factories and critical infrastructure, the attack surface is expanding exponentially. Ensuring robust security for these devices is critical, as vulnerabilities can lead to data breaches, operational disruptions, and even physical safety risks.
IoT Security Market research explores industry-wide dynamics including opportunities, demand drivers, and hurdles occurring in global business to provide readers with a comprehensive market overview. To make competitive market management decisions, this study includes a range of industry estimates, high-growth future applications, technology assessments, and other consumer-related criteria. To keep our readers abreast of developments in the market, the research report employs robust methods to collect and integrate the key descriptions and data points of primary and secondary research.
Market Segmentation
The IoT Security Market research report includes a comprehensive survey of market segmentation by product category, application, end user, and region. The market research also includes a basic overview of the industry. This includes the classifications, definitions, and structures of a company's supply and demand chains. Global market data, competitive climate research, growth rate and key development status information are all part of global market research. Market analysis looks at industry growth goals and plans, as well as cost perceptions and production practices. The survey also provides comprehensive data on the import and export performance of the industry.
By Component
l Solutions
l Services
By Security Type
l Network Security
l Endpoint Security
l Application Security
l Cloud Security
l Others
By Deployment
l Cloud
l On-premise
By Enterprise Size
l Small and Medium Enterprises
l Large Enterprises
By End Use
l Energy and Utilities
l Manufacturing
l Automotive
l Transport
l Consumer Electronics
l Healthcare
l Others
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Regional Scenario
South America (Brazil and Argentina), North America (Canada, USA, Mexico), Europe (France, United Kingdom, Germany, Russia, Italy), Asia Pacific (Southeast Asia, China, India, Japan, Korea, Australia). East and Africa all covered in the IoT Security Market report.
Market Participants
This survey provides important information on competitor marketing strategies, market size and precise quotes for key categories including type and end user. This report also examines the competitiveness of the IoT Security Market among large organizations and their current position. This study focuses on market channels and pricing structures. This part of the study covers some of the most famous producers and their biographies. This gives readers an understanding of the connections and strategies used by competitors in the global IoT Security Market industry.
Report Conclusion
The research includes a detailed survey of the IoT Security Market. Readers can follow the study covered in the report by viewing global sales, market prices, and emerging trends in the market to decide their strategy.
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