Market Overview:
The global IoT security software market is expected to grow from USD 3.24 billion in 2018 to USD 11.14 billion by 2030, at a CAGR of 18.2% during the forecast period. The growth of the market can be attributed to the increasing number of cyber-attacks on IoT devices and rising concerns about data privacy and security among organizations. The global IoT security software market is segmented by type, application, and region. By type, the market is divided into network security, endpoint security, application security, cloud security, and others. By application, it is classified into building and home automation; supply chain management; patient information management; energy and utilities management; customer information Security; other applications). By region,, it is analyzed across North America,, Latin America,, Europe,, Asia Pacific (APAC),and Middle East & Africa (MEA). . However,.
Product Definition:
IoT security software is a type of software that helps to secure devices that are connected to the internet, such as routers, smartphones, and smart TVs. It can help to protect against cyber attacks and unauthorized access.
Network Security:
The global network security software market size was valued at USD 2.72 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Network security software is used for preventing unauthorized access to data or devices connected to a computer network, protecting the data and assets within the IT infrastructure from external threats such as hackers, fraudsters, virus attacks and theft & destruction of information.
Endpoint Security:
Endpoint security is the set of tools and techniques used to secure an endpoint device such as a computer, mobile phone or other wearable device from threats. The endpoint security software market size was valued at USD 2.1 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The building and home automation segment accounted for the largest revenue share in 2016. The growth can be attributed to the increasing number of smart homes globally. The supply chain management is expected to grow at a significant rate over the forecast period owing to growing demand for real-time data from customers and suppliers, which requires secure IoT solutions across all devices in a supply chain network.
The customer information security application is anticipated to witness substantial growth over the forecast period as it enables enterprises or service providers protect their customer data by implementing robust security measures on an IoT system. Furthermore, companies are required by law enforcement agencies or regulatory bodies such as FISMA (Federal Information Security Management Act) compliance regulations mandating secure connectivity among systems & devices within an organization¢â‚¬â„¢s infrastructure. These factors are expected drive market growth over the coming years.
Moreover, other applications such as energy.
Regional Analysis:
The market in North America is expected to witness significant growth over the forecast period owing to the presence of a large number of industry players and increased adoption of IoT security solutions. The region accounted for more than 35% revenue share in 2017, which is anticipated to decline gradually over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions due to increasing penetration rates and rising demand for cost-effective IoT security solutions. Moreover, growing industrialization across various sectors including healthcare, manufacturing, energy & utilities and transportation will drive regional growth further. Increasing government regulations relatedto data protection are also driving market growth in this region.
Growth Factors:
- Increasing demand for IoT security solutions from small and medium-sized businesses (SMBs)
- Proliferation of connected devices and the increasing number of cyber-attacks on IoT devices
- The growing trend of Bring Your Own Device (BYOD) in enterprises
- The need for better data governance and data privacy regulations to protect sensitive information collected by IoT devices
- Increased spending on security solutions by organizations to protect their critical infrastructure against cyber threats
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Security Software Market Research Report
By Type
Network Security, Endpoint Security, Application Security, Cloud Security, Others
By Application
Building and Home Automation, Supply Chain Management, Patient Information Management, Energy and Utilities Management, Customer Information Security, Other
By Companies
Cisco Systems, Intel Corporation, IBM Corporation, Symantec Corporation, Trend Micro, Digicert, Infineon Technologies, ARM Holdings, Gemalto NV, Kaspersky Lab, CheckPoint Software Technologies, Sophos Plc, Advantech, Verizon Enterprise Solutions, Trustwave, INSIDE Secure SA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global IoT Security Software Market Report Segments:
The global IoT Security Software market is segmented on the basis of:
Types
Network Security, Endpoint Security, Application Security, Cloud Security, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building and Home Automation, Supply Chain Management, Patient Information Management, Energy and Utilities Management, Customer Information Security, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems
- Intel Corporation
- IBM Corporation
- Symantec Corporation
- Trend Micro
- Digicert
- Infineon Technologies
- ARM Holdings
- Gemalto NV
- Kaspersky Lab
- CheckPoint Software Technologies
- Sophos Plc
- Advantech
- Verizon Enterprise Solutions
- Trustwave
- INSIDE Secure SA
Highlights of The IoT Security Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Network Security
- Endpoint Security
- Application Security
- Cloud Security
- Others
- By Application:
- Building and Home Automation
- Supply Chain Management
- Patient Information Management
- Energy and Utilities Management
- Customer Information Security
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT Security Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT security software is a suite of tools used to protect devices and data from cyberattacks. It includes features such as malware detection, intrusion prevention, and data encryption.
Some of the major players in the iot security software market are Cisco Systems, Intel Corporation, IBM Corporation, Symantec Corporation, Trend Micro, Digicert, Infineon Technologies, ARM Holdings, Gemalto NV, Kaspersky Lab, CheckPoint Software Technologies, Sophos Plc, Advantech, Verizon Enterprise Solutions, Trustwave, INSIDE Secure SA.
The iot security software market is expected to grow at a compound annual growth rate of 18.2%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT Security Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IoT Security Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT Security Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IoT Security Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IoT Security Software Market Size & Forecast, 2018-2028
4.5.1 IoT Security Software Market Size and Y-o-Y Growth
4.5.2 IoT Security Software Market Absolute $ Opportunity
Chapter 5 Global IoT Security Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IoT Security Software Market Size Forecast by Type
5.2.1 Network Security
5.2.2 Endpoint Security
5.2.3 Application Security
5.2.4 Cloud Security
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IoT Security Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IoT Security Software Market Size Forecast by Applications
6.2.1 Building and Home Automation
6.2.2 Supply Chain Management
6.2.3 Patient Information Management
6.2.4 Energy and Utilities Management
6.2.5 Customer Information Security
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT Security Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IoT Security Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IoT Security Software Analysis and Forecast
9.1 Introduction
9.2 North America IoT Security Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IoT Security Software Market Size Forecast by Type
9.6.1 Network Security
9.6.2 Endpoint Security
9.6.3 Application Security
9.6.4 Cloud Security
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IoT Security Software Market Size Forecast by Applications
9.10.1 Building and Home Automation
9.10.2 Supply Chain Management
9.10.3 Patient Information Management
9.10.4 Energy and Utilities Management
9.10.5 Customer Information Security
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IoT Security Software Analysis and Forecast
10.1 Introduction
10.2 Europe IoT Security Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IoT Security Software Market Size Forecast by Type
10.6.1 Network Security
10.6.2 Endpoint Security
10.6.3 Application Security
10.6.4 Cloud Security
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IoT Security Software Market Size Forecast by Applications
10.10.1 Building and Home Automation
10.10.2 Supply Chain Management
10.10.3 Patient Information Management
10.10.4 Energy and Utilities Management
10.10.5 Customer Information Security
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IoT Security Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IoT Security Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IoT Security Software Market Size Forecast by Type
11.6.1 Network Security
11.6.2 Endpoint Security
11.6.3 Application Security
11.6.4 Cloud Security
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IoT Security Software Market Size Forecast by Applications
11.10.1 Building and Home Automation
11.10.2 Supply Chain Management
11.10.3 Patient Information Management
11.10.4 Energy and Utilities Management
11.10.5 Customer Information Security
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IoT Security Software Analysis and Forecast
12.1 Introduction
12.2 Latin America IoT Security Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IoT Security Software Market Size Forecast by Type
12.6.1 Network Security
12.6.2 Endpoint Security
12.6.3 Application Security
12.6.4 Cloud Security
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IoT Security Software Market Size Forecast by Applications
12.10.1 Building and Home Automation
12.10.2 Supply Chain Management
12.10.3 Patient Information Management
12.10.4 Energy and Utilities Management
12.10.5 Customer Information Security
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IoT Security Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IoT Security Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IoT Security Software Market Size Forecast by Type
13.6.1 Network Security
13.6.2 Endpoint Security
13.6.3 Application Security
13.6.4 Cloud Security
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IoT Security Software Market Size Forecast by Applications
13.10.1 Building and Home Automation
13.10.2 Supply Chain Management
13.10.3 Patient Information Management
13.10.4 Energy and Utilities Management
13.10.5 Customer Information Security
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IoT Security Software Market: Competitive Dashboard
14.2 Global IoT Security Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 Intel Corporation
14.3.3 IBM Corporation
14.3.4 Symantec Corporation
14.3.5 Trend Micro
14.3.6 Digicert
14.3.7 Infineon Technologies
14.3.8 ARM Holdings
14.3.9 Gemalto NV
14.3.10 Kaspersky Lab
14.3.11 CheckPoint Software Technologies
14.3.12 Sophos Plc
14.3.13 Advantech
14.3.14 Verizon Enterprise Solutions
14.3.15 Trustwave
14.3.16 INSIDE Secure SA
